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News in-depthTikTok Inc
How TikTok’s Chinese owner tightened its grip on the app
...TikTok hit a record $16bn in sales in the US in 2023, the FT reported last month....
April 25, 2024
News in-depthTikTok Inc
TikTok staff face big US tax bills on shares they cannot sell
...The US Senate is weighing a bill that would force the sale of the app over national security concerns, or have it banned....
April 9, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Semiconductors
Japanese chipmaker Renesas steps up deal spree with $5.8bn Altium bid
...A national champion created in 2010 through a government-orchestrated merger of the chip units of Hitachi, Mitsubishi Electric and NEC, Renesas uses Altium’s software design tools for its own development...
February 15, 2024
Mobico Group
Mobico finance chief to exit after delays to results
...He added that deleveraging and refinancing relied on improving operational performance and a proposed sale of the US bus operation....
April 22, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...The iPhone maker said on Friday that the Cyberspace Administration of China had ordered the applications’ removal from the Apple App Store in the country because of “national security concerns”....
April 19, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Ballast for the theory comes from a National Bureau of Economic Research paper....
April 19, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Paramount Global
Skydance in exclusive merger talks with Paramount
...David Ellison, who runs Skydance, has 30 days to reach a deal with the company controlled by Shari Redstone’s National Amusements (NAI), her family’s privately owned cinema group that holds 77 per cent of...
April 3, 2024
ExplainerTikTok Inc
What’s next for TikTok after Biden approves ban
...Chew has proposed multiple alternative measures to a sale for allaying US national security concerns, including the Project Texas plan and a potential American stock market listing of TikTok....
April 24, 2024
Jefferies Group Inc
Jefferies boss sells $65mn in stock to buy a customer’s yacht
...“My sale of shares today was a gift to myself and my family, and I do not intend to sell any further shares,” Handler said in a statement....
April 24, 2024
The Big Read
The ambitions of China’s BYD stretch well beyond electric vehicles
...BYD has also started to rebrand its US bus unit under a new name, Ride, to distance the business from its Chinese owners as it starts to bid for more public bus contracts in the US....
April 25, 2024
Arriva PLC
Deutsche Bahn nears sale of red London bus operator Arriva
...Stagecoach agreed to a £595mn bid from German asset manager DWS in March last year, a move that scuppered a separate takeover offer by National Express....
October 12, 2023
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...Before leaving office in 2020, President Donald Trump tried to ban the app in an executive order that also sought to force the sale of TikTok....
April 22, 2024
FT Schools
Economics class: teaching ideas
...EU-Japan trade: the shift in commerce Retail sales: how external factors influence demand...
April 22, 2024
Oil & Gas industry
Ithaca Energy agrees £750mn deal for most of Eni’s UK oil and gasfields
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
April 23, 2024
Vinod Khosla
The US is right to target TikTok
...Is Senate influence for sale? Some argue that this bill runs counter to the value of free speech. First, contrary to how it is being characterised by TikTok, this bill itself is not a ban....
April 9, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
FT Swamp Notes
Washington DC’s red herring on TikTok’s ‘digital fentanyl’ Premium content
...It would impose privacy regulations on the sale to third-parties of any data collected by any social media app, regardless of who owns it....
March 15, 2024
News in-depthApple Inc
China’s love affair with Apple and Tesla hits rocky patch
...A shift away from Apple, in particular, has been sharp, spurred on by a top-down campaign to reduce iPhone usage among state employees and the triumphant return of Chinese national champion Huawei, which...
March 10, 2024
BYD Co Ltd
BYD misses profit forecasts as Huawei challenge emerges
...Huawei has been at the heart of US-China tensions for several years amid Washington’s belief that the company poses national security risks stemming from alleged state and military links....
March 26, 2024
TikTok Inc
ByteDance’s US investors weigh options as bill to ban TikTok advances
...officials have said give the country a say on any sale or divestiture....
March 15, 2024
Inside Politics
Sunak’s smoking ban will outlast him even if implementation struggles
...Now, according to the latest data for the UK from the Office for National Statistics, just 14.6 per cent of men and 11.2 per cent of women do....
April 18, 2024
TikTok Inc
China hits out at US push to ban TikTok as Steven Mnuchin plots bid
...US security officials have said the app poses a risk to national security....
March 14, 2024
Turkish economy
Turkish airlines and airports reap rewards from bet on pandemic recovery
...In 2023, Turkish Airlines’ revenue rose almost 14 per cent to $21bn, placing it within the ranks of top-10 global air carriers by sales, according to FactSet data....
April 21, 2024
UK politics
Senior UK MPs raise concerns over TikTok’s ownership
...China has powers to block the export of ByteDance’s algorithms that power TikTok and Beijing’s commerce ministry said last year it would “firmly oppose” a forced sale by ByteDance....
March 21, 2024
Apple Inc
Tim Cook praises China’s ‘critical’ role in Apple’s business
...Cook’s visit comes amid tumbling sales in China, which contributed $21bn to Apple’s top line in the fourth quarter, or 17 per cent of sales....
March 21, 2024
ByteDance
ByteDance extends employee share buyback programme to non-US workers
...Share awards that employees received instead of cash bonuses become eligible for sale one year after they have vested, according to the documents....
April 11, 2024

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