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...bipartisan bill, titled Protecting Americans from Foreign Adversary Controlled Applications Act, calls for a ban of TikTok and any “successor applications” developed by ByteDance unless the Chinese tech group...
...Corvex, another US activist hedge fund with roughly a 4.4 per cent stake in the bookmaker, last month called on the company to turn around an “unacceptable” performance....
...performance....
...A strong Chinese recovery could also challenge the recent performance dominance of US equities, either directly or indirectly via Japanese or European assets....
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...The company is now seeking ways to revive its performance....
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