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...The $16bn they identified highlights the scale of the group’s operations in the country as Congress seeks to force a sale of the platform to an American buyer....
...“The rising demand for HBM from American customers and the need to work closely with chip designers have made the construction of advanced packaging factories in the US a must,” said a person close to SK...
...The editorial added that the polls “have become a tool manipulated by [American] political elites to discredit China on the international stage” and claimed its results were being used to “contain and isolate...
...The US government has also called for a ban or divestiture of the short-form video app beloved by American teenagers....
...The move followed briefings from national security officials who warned that China could gain access to Americans’ personal data held on the app....
Americans account for 14% of users but their revenue contribution will be higher
...It is a forced divestiture, and hopefully, a precedent on foreign corporate ownership of tools that can reach hundreds of millions of Americans....
...TikTok has urged its supporters to make the same case to Congress, arguing that the rights of the 170mn Americans who have downloaded the video app are in jeopardy....
...Yanagi, Hamada and Leach travelled to the US in the 1950s to popularise the Mingei movement, becoming known as the “Three Musketeers” and, as Kikuchi writes in the exhibition book, triggered a North American...
...The standalone unit, which voluntarily walls off American data, is up and running but has failed to persuade US lawmakers that the app is safe....
...“Now the most likely outcome is they will shut down the US, and all the American investors in ByteDance will bear the losses,” Li said....
...For the past five years, I have been covering tech for Nikkei Asia from the centre of American innovation....
...In raising concerns over the deal Biden did not refer to national security, speaking only of the need to maintain “strong American steel companies powered by American steel workers”....
...Nonetheless, analysts have forecast bumper sales for the two drugs given the 7mn Americans and more than 50mn people worldwide suffering from Alzheimer’s....
...After the vote, TikTok said lawmakers were “attempting to strip 170mn Americans of their constitutional right to free expression”....
...This week’s Apec summit in San Francisco, which includes 21 nations in the Pacific region, including the US and China, will cover any number of predictable topics, from trade relations to currency and debt...
...TikTok has partnered with US cloud software group Oracle to build a standalone unit to wall off American user data....
...This legislation will trample the first amendment rights of 170mn Americans and deprive 5mn small businesses of a platform they rely on to grow and create jobs.”...
...They worry Beijing could access Americans’ personal data because Chinese companies must hand over such information to their government if asked....
...In 2022, a third of American teens said they were using at least one of YouTube, TikTok, Instagram, Snapchat or Facebook “almost constantly”....
...But letting them snap TikTok up would only increase their power over the American psyche....
...TSMC, in turn, announced it will start making the world’s most advanced 2-nanometre chips on American soil around 2028 and build a third plant in Arizona that will go into operation before the end of the...
...In response, North American manufacturers say they are pulling back on expansion plans despite lucrative incentives available under the Inflation Reduction Act, the landmark US climate law....
...It is one of the reasons Berkshire has survived: the company’s name comes from the struggling textile mill Buffett took control of in 1965 that he ultimately shut down....
...reached an agreement with ByteDance in 2020 to keep operating TikTok in the US after then-president Donald Trump issued an executive order blocking the app and giving ByteDance 90 days to divest from its American...
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