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...“Like consumer and business audiences, authentic credibility has overtaken hard sales when it comes to increasing trust and business growth,” he added....
...Downloads of TikTok, owned by Beijing-based ByteDance, edged up a mere 4 per cent to 733mn over the same period....
...IP-based rebrands also offer vast potential without requiring significant design, supply chain or product innovations....
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...The move comes as the US Congress prepares for a Saturday vote on a bill to ban ByteDance-owned short video app TikTok if it is not divested to a non-Chinese owner....
...“Although the government asserted that it could consider legislating were agreements not reached,” the committee said, “it has not indicated that it will do so....
...It is understood that Roach has not been back in Hong Kong forseveral years. He is welcome to revisit to see for himself how the city continues to thrive....
...Private-equity owned UK supermarket chain Wm Morrison has agreed a £2.5bn deal to sell its petrol forecourt business to sister company Motor Fuel Group, in a move that will help Morrisons shore up its balance...
...Cybersecurity experts have identified TikTok’s ability to track users’ locations, contact lists, personal details and IP addresses, and a clause in its privacy policy that allows it to collect biometric...
...Teesworks Ltd, which is 90 per cent owned by local developers and 10 per cent by the STDC, said it welcomed the judgment....
...The House in March overwhelmingly backed a bill to force ByteDance, the Chinese owner of TikTok, to divest it within 180 days or else app stores would be banned from distributing it....
...Should Qatar, one of the world’s top exporters of LNG, decide to divert its gas cargoes meant for Europe around the Cape of Good Hope, around nine extra days would be added to its voyage, said Alex Froley...
...Given its £971mn market value, it is not clear what US index it would get into....
...GroupM, WPP’s wholly-owned media buying and planning agency, is one of the biggest in its field with 42,000 employees globally....
...On Monday, Chinese-founded Shein made its first purchase of a British brand when it bought the IP and trademarks of teen fast-fashion business Missguided....
...“People needed those assurances to buy, because they were hyper aware of [the legal] risk,” said one IP lawyer working on the issues....
...BioNTech [also] doesn’t have any other products so it’s a lot of cash to have to pay,” said Christopher Sharp, an IP lawyer at Pinsent Masons....
...Berkshire’s filing showed it had also slashed its holdings of printer and PC maker HP by 78 per cent, selling nearly 80mn shares in the fourth quarter, and had dumped 32 per cent of its stake in media company...
...A version of this article was first published by Nikkei Asia on December 18. ©2023 Nikkei Inc. All rights reserved....
...The Chinese-owned short video app will spend $1.5bn to become the controlling shareholder of GoTo’s Tokopedia....
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
...ByteDance introduced a “996” culture — encouraging staff to work from 9am until 9pm for six days a week — to the US TikTok operation that it already oversaw in its Chinese operations, the filing said....
...The problem is, the relicensing is exactly what J Crew did when it transferred its IP to an unrestricted subsidiary....
...To further darken the picture, Boeing is by far Spirit’s largest customer, and as Spirit does not have the design IP, it can’t commercialise and/or build out a lucrative after-market, which over the years...
...For years, Arm, the SoftBank-owned chip design company, was happy to collect crumbs from the table of some of the world’s most powerful semiconductor companies....
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