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...“They are overriding our local decisions [and] demoting American leadership,” said one current senior US employee....
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...Yet in downtrodden sectors, any hint that the wind is turning is greeted with strong enthusiasm. So it has proved at Vestas....
...“Many Americans, particularly young Americans, are rightfully sceptical,” Warner said. “At the end of the day, they’ve not seen what Congress has seen....
...In 2020, China updated its export control rules that in effect give Beijing a say in any deal that would sell Chinese technology to an American buyer....
...Robert Gordon’s The Rise and Fall of American Growth, which argued that the age of disruptive technology was over, came out around the same time....
...Wind back three months from the date it was granted and Uber’s market cap was hovering around $97bn....
...“This legislation is a clear violation of the First Amendment rights of TikTok’s 170mn American users,” he said in a memo to staff, according to people who saw it. “We’ll continue to fight.”...
...A Biden campaign official said the app — which has been downloaded by 170mn Americans, more than half the population — was one of the ways the president would ensure his message was being received by young...
...The author is chief executive of Tail Wind Advisory & Management...
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...“Now the most likely outcome is they will shut down the US, and all the American investors in ByteDance will bear the losses,” Li said....
...At some point, American politicians will have to grasp this nettle....
...The former is a near-term likelihood in China, however, and not implausible in the US as the Federal Reserve winds down quantitative tightening....
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
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Americans account for 14% of users but their revenue contribution will be higher
...It is a forced divestiture, and hopefully, a precedent on foreign corporate ownership of tools that can reach hundreds of millions of Americans....
...The technology group has a long history of partnering with other companies until it has sufficient expertise to go it alone — such as the transition away from Intel processors to in-house-designed chips...
...American companies so that they can pay for their coke....
...Short sellers have also targeted Danish wind turbine maker Vestas Wind Systems, whose shares are down 17 per cent this year, although they climbed last week after it confirmed it expected to be profitable...
...Wind power, for example, is a mature renewable energy technology and a key enabler in green hydrogen production, but it suffers vulnerabilities on several fronts....
...’ data or attempting to build backdoors in information communication technology....
...Emily Kilcrease, a technology and trade expert at the Center for a New American Security think-tank who sees a legitimate national security rationale for tackling TikTok, said the question of free speech...
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