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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....
...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 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....
...when the House of Representatives voted overwhelmingly to force China to sell TikTok. Thank God for bipartisanship, cried the Washington flame keepers....
...“This deal threatens to deprive consumers of the competition for affordable handbags, while hourly workers stand to lose the benefits of higher wages and more favourable workplace conditions”....
...of security concerns....
...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...
...The SEC has filed a series of cases underpinned by this theory, accusing Genesis, BlockFi and others of selling crypto assets without registering them as securities offerings....
...A total of 197 Republicans also backed the bill even after Trump, a former critic of TikTok, changed his position to oppose the measure....
...It would also give the president authority to issue a one-time extension of 90 days....
...She was chair of the RNC during the 2020 election, and in the aftermath of the vote, she cast doubt on the validity of Joe Biden’s victory....
...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....
...George Washington University Law School....
...But a revival of the Oracle deal might not be out of the question if Trump, who is close to its executive chairman Larry Ellison, returns to power....
...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...
...US security officials say Beijing could access the personal data of the 170mn Americans who use TikTok because of Chinese laws requiring domestic companies to hand over information to the government....
...The complaint accuses the company of abusing its market power in a variety of ways: to squash the growth of innovative apps and messaging services, reduce the appeal of rival smartwatches, keep rival tap-and-pay...
...Asked whether he backed the legislation as he left Washington for Pennsylvania on Friday, Biden replied: “If they pass it, I’ll sign it.”...
...He Yadong, spokesperson for the commerce ministry, on Thursday called on Washington to “stop unfairly suppressing foreign companies”....
...As the annual World Bank-IMF joint spring meetings come to a close in Washington, everyone should be aware of the risks Plender sets out....
...This is not “TikTok vs Washington”, they said, but “TikTok vs Washington vs Beijing”....
...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
...In the face of the onslaught, large US asset managers have emphasised their legal duty to maximise shareholder returns and independently evaluate the impact of climate change on the financial prospects of...
...China and Russia are challenging US claims to mineral-rich stretches of seabed because Washington has failed to ratify a treaty — the UN Convention on the Law of the Sea — that governs access to resources...
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