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...Policy and content moderation decisions have been a flashpoint....
...“I am positive on the company, but the lack of a clear exit through an IPO is a big problem,” the investor said....
...For these content creators, Shmulik said TikTok was a better place to achieve overnight viral success, while its US rival was a better platform to make money from a follower base....
...The bill labels Shanghai-based WuXi AppTec “a biotechnology company of concern”, which is described as any entity posing a risk to the US by engaging in joint research with a foreign adversary’s military...
...The group filed confidential paperwork for a US listing in November, but a person close to Shein said the company had heard little from the SEC since then....
...The Chinese group said it operated a marketplace rather than acting directly as a retailer and accepted “merchants with valid operating licences that are able to meet requirements for products”....
...But when it was over, both Francis and Eleanor had shot footage that would produce a great film....
...Six were gathered on a bench, soaking in the last of the fading sunshine and laughing together. That was before they restarted their journey, keeping this city running. eleanor.olcott@ft.com...
...Apple said on Friday that it was “ordered” by China’s powerful internet regulator and data watchdog to remove the two apps due to “national security concerns”, according to a company spokesperson....
...A 38-year-old programmer recently laid off from a major ride-hailing group said finding new work was tough....
...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....
...Hi, Eleanor. Eleanor OlcottHi. Saffeya AhmedSo can you tell me a little bit about Shein as a company? Eleanor OlcottShein is the hot new kid on the block....
...The tech group posted quarterly revenue of Rmb155bn ($21.5bn) in the three months to December, a 7 per cent increase from the same period a year earlier and roughly in line with analysts’ forecasts....
...The Shanghai-based company, valued at $20bn in the latest fundraising round three years ago, raked in $500mn in net profit last year on revenues of $3.7bn, write the Financial Times’ Eleanor Olcott and Ryan...
...Chinese ecommerce group PDD Holdings has reported a more than doubling of quarterly revenues, hailing 2023 as a “pivotal” year during which its ultra-cheap shopping site Temu turbocharged growth....
...Chinese ecommerce group PDD Holdings reported a 123 per cent increase in quarterly revenues, hailing 2023 as a “pivotal year” when its ultra cheap shopping site Temu turbocharged growth....
...ByteDance is also unlikely to list on public markets in the US or arrange for external investors to buy a large chunk of employee shares while the US Senate weighs a bill that could lead to a national ban...
...US lawmakers are seeking to restrict companies with federal funding from contracting with biotech groups deemed to be a threat to national security....
...The company’s net profit increased 21.3 per cent to Rmb10.7bn, flattered by a favourable exchange rate....
...Financial Times’ Ryan McMorrow, Eleanor Olcott, Mercedes Ruehl and Ivan Levingston....
...A group of renowned international experts met in Beijing last week, where they identified “red lines” on the development of AI, including around the making of bioweapons and launching cyber attacks.In a...
...London police had encountered Wen and Qian during a police raid on a Hampstead mansion in 2018. They were investigating a suspicious and botched property purchase by Wen....
...Pharmaron, which also has a facility, declined to comment....
...“It’s a great business,” he said. “It should be owned by a US business. There’s no way the Chinese would ever let a US company run something like this in China.”...
...Internet giants Alibaba, Tencent and ByteDance have limited the rental of Nvidia chips crucial for AI start-ups to train and run models, report the FT’s Eleanor Olcott and Qianer Liu....
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