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Parent company ByteDance on track to become world’s biggest social media group with $120bn in global sales
...But I loved it — it reminded me of the gospel churches I used to visit in Washington DC, albeit transplanted to the English countryside. What was the congregation after?...
...“Sending messages of our support for Taiwan’s democracy and for the new president is important and doing that on a bipartisan basis is beneficial,” said Bonnie Glaser, a China and Taiwan expert at the German...
...TikTok’s Beijing-based owner ByteDance tightened its grip over its US operations over the past two years, according to company insiders, even as momentum to ban the short-video app grew in Washington....
...But his political outlays were not enough to slow the TikTok bill, which sits at the centre of the battle between Washington and Beijing....
...The summit in Washington will include the first state dinner for a Japanese prime minister since Shinzo Abe in 2015....
...Putin and Tchiani spoke by phone last month, with a Kremlin readout saying they discussed a plan to “develop mutually beneficial co-operation in various spheres”, and to co-ordinate “security and counterterrorism...
...“The House vote underscores the fading influence of China’s corporate champions in Washington,” said Craig Singleton, a China expert at the Foundation for Defense of Democracies....
...But trade was “beneficial for the global economy”, he said, and tariffs were a “blunt tool to level the playing field”....
...(Washington Post)...
...Thank God for bipartisanship, cried the Washington flame keepers....
...“His policies on the economy, energy, immigration and foreign policy will be very beneficial for the country.”...
Antitrust regulator takes aim at proposed Capri-Tapestry deal to create a US luxury goods powerhouse
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger voters
...“The legal system is created — it is not something coming from God — so we can find legally sound ways to have the result that would be beneficial for democratic countries [and] society and not have rules...
...President Joe Biden on Wednesday signed into law an initiative that could force TikTok’s Chinese parent company to divest the video-sharing platform, adding to already strained relations between Washington...
Regulator’s request to judge reflects argument that many digital assets qualify as securities
...Both sides portrayed the outcome as a mutually beneficial de-escalation of tensions....
Measure passes with bipartisan support despite intense lobbying and will now head to Senate
Move to bundle divest-or-ban measure with foreign aid could compel Senate to act against Chinese-owned app
Staff and viewers had voiced outrage over her support for Donald Trump’s false claims of fraud in 2020 election
...While the group has invested $3.5bn in more than 350 Chinese start-ups, it somehow hasn’t come under fire in Washington yet, even while rivals like Sequoia Capital and GGV Capital have faced scrutiny....
US Congress took a first step this week to forcing the app’s Chinese owner to sell it off. Can the company fight back?
...case shows pretty keen learning from the other legal matters that have involved Apple,” said Bill Kovacic, a former Federal Trade Commission chair and professor of competition law and policy at George Washington...
...On Thursday, Washington DC-based law firm Amsterdam & Partners LLP — which is representing the DRC government along with Bourdon & Associés in Paris — released a report claiming that Rwanda has used the...
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