China Financial News
19.01 / 16:35
19.01 / 16:35
markets
Strategy
Tesla
SpaceX
social
information
Department
Elon Musk aims to fix US government's IT systems, calls it tougher than 'sending rockets to orbit'
Elon Musk has made a bold statement expressing his willingness to address the growing cybersecurity vulnerabilities within the US government. In a post on social media platform X (formerly Twitter), the Tesla and SpaceX CEO claimed that he could “fix” the government’s Information Technology (IT) department, calling the task “harder than getting a rocket to orbit.” His comments were in response to a recent cyberattack on the US Treasury Department by Chinese hackers.
19.01 / 16:35
WhatsApp
ByteDance
TikTok
social
Trump to issue executive order on Monday to let TikTok operate
Donald Trump said on Sunday he will issue an executive order when he takes office on Monday that would let TikTok be operational, while adding he would like the U.S.
19.01 / 14:17
markets
Google
Platform
ByteDance
TikTok
President
social
Donald Trump says 'save TikTok' after it goes dark for nearly 170 million US users: Can he overturn the ban?
TikTok ceased operations for its 170 million American users, following the enforcement of a new law banning the app in the United States. The law, which was passed by Congress and upheld by the U.S. Supreme Court, mandates that ByteDance, TikTok’s Chinese parent company, divest its stake in the platform or face a nationwide ban. The concerns surrounding TikTok stem from its data collection practices and the fear that the app could be used by the Chinese government for surveillance or propaganda purposes.
19.01 / 12:39
markets
Digital
Strategy
President
Celebrity
PAM
reports
Donald Trump oath ceremony: Who is attending US President Inauguration, who isn't?
Donald Trump inauguration guest list reportedly includes foreign dignitaries, tech and business executives, three of the richest men in the world, former presidents and an assortment of performers and other celebrities.
19.01 / 08:05
Platform
security
ByteDance
TikTok
Instagram
Courts
International
TikTok goes dark for US users, while Trump signals he will save it
Subscribe to enjoy similar stories. The closure of the app disrupted millions of American businesses and social-media entrepreneurs. TikTok started going dark for 170 million American users in an unprecedented display of the U.S.-China divide over technology and national security.
19.01 / 08:05
Election
HANS
Trade
President
travelers
strain
Relationships
Trump told advisers he wants to visit China as president
Subscribe to enjoy similar stories. WASHINGTON—Donald Trump has told advisers he wants to travel to China after he takes office, according to people familiar with the discussions, seeking to deepen a relationship with Xi Jinping strained by the president-elect’s threat to impose steeper tariffs on Chinese imports. Trump visited Beijing in 2017, nearly a year into his first term.
19.01 / 08:05
markets
Election
Trade
President
War
show
country
Trump’s shake-up of world trade: Much ado about nothing?
Subscribe to enjoy similar stories. As Donald Trump prepares to be sworn in as US president on 20 January, an issue uppermost on the minds of policymakers around the world is how to respond to his policies. What will his declared unilateralism do to world trade? If he carries out his tariff threats—particularly vis-a-vis America’s largest trade partners Mexico, Canada and China—will we be back to the doomsday scenario of the 1930s, when world trade shrank due to tariff wars between countries ? What happens to countries like India that see world trade as a key factor in their pursuit of high economic growth—of 7% or more? These are all legitimate questions.
19.01 / 05:23
19.01 / 05:23
markets
Platform
security
ByteDance
TikTok
social
Courts
The rise - and potential fall - of TikTok in the US
TikTok kept influencers and users in anxious limbo during the four-plus years that lawmakers and judges debated the fate of the video-sharing app. Now, the moment its fans dreaded is here, but uncertainty over TikTok's future lingers.
19.01 / 04:05
19.01 / 04:05
Citi
Sustainability
WhatsApp
Death
Adventure
electronic
Sporting
Woman tourist, instructor killed in paragliding accident in North Goa
Keri village on Saturday evening, an official said.
19.01 / 03:11
Platform
ByteDance
TikTok
reports
Courts
Videos
Updates
TikTok US Ban Live Updates: App likely to go dark today despite Trump’s 90-day reprieve offer
TikTok US Ban Live Updates: Popular video-sharing platform TikTok is likely to go dark in the US on Sunday after a decision by the US Supreme Court unanimously upheld a bipartisan federal law giving TikTok time till 19 January to cut ties with its Chinese parent ByteDance or face a ban in the US ByteDance has said that TikTok will go dark in the US if the Joe Biden administration does not provide assurances to companies like Apple and Google about not facing enforcement action for hosting the short video app.Notably, incoming US President on Saturday signalled hope for ByteDance as he said that he would ‘most likely’ give TikTok a 90 day reprieve when he takes office on Monday. TikTok US Ban Live Updates: While many names have emerged in the race to take control of TikTok US, including billionaire Frank McCourt, Shark Tank investor Kevin O’Leary and former Treasury secretary Steven Mnuchin, ByteDance has publicly stated that it will not sell TikTok US.
19.01 / 02:43
19.01 / 02:43
markets
Platform
Strategy
ByteDance
TikTok
reports
Perplexity AI bids to merge with TikTok US: Reports
Perplexity AI asked TikTok's Chinese parent company, ByteDance, on Saturday to allow the U.S. search engine startup to merge with TikTok U.S. and create a new entity combining them and New Capital Partners, CNBC reported.
19.01 / 02:43
markets
Google
Platform
TikTok
President
Interviews
Trump says he 'most likely' will give TikTok 90-day extension to avoid US ban
TikTok 90 more days to work out a deal that would allow the popular video-sharing platform to avoid a US ban. Trump said in an NBC News interview that he had not decided what to do but was considering granting TikTok a reprieve after he is sworn into office on Monday. A law that prohibits mobile app stores and internet hosting services from distributing TikTok to US users takes effect on Sunday.
19.01 / 02:43
19.01 / 01:41
markets
Citi
Strategy
President
Celebrity
Golf
Inside
Trump arrives in Washington for inaugural celebrations to mark his return to power
Donald Trump arrived in Washington Saturday evening to celebrate with family, supporters and political allies ahead of his second inauguration, a triumphant return for the Republican four years after he departed the city under the shadow of an attack by his supporters on the Capitol.
19.01 / 00:39
markets
Digital
CEO
Strategy
Experts
PAM
From corner office to consultant’s room, veterans see big switch
Indian business groups are “rebadging” a bunch of legacy leaders and C-suite talent who have been with the company for a long time by moving them into consultant roles or making them “independent contractors” while divesting them of most of their execution powers, according to industry insiders, board members, HR and legal experts. Most of these senior leaders are in the age bracket of 55 or above, they said. Arapid pace of disruption post pandemic, foray into new business areas, inorganic growth plans and global ambitions is prompting companies to keep making the churn by paving way for Young Turks who are expected to bring in fresh perspective and understanding of technology and are believed to be more “market worthy” for millennial consumers.
19.01 / 00:39
markets
Strategy
awards
Research
love
country
Olympics
‘Space exploration is like going to Olympics’: Shrinivas Kulkarni
lunar bases, or interplanetary exploration are aspirational and require thorough analysis, according to Shrinivas R Kulkarni, George Ellery Hale professor of astronomy and planetary science at the California Institute of Technology (Caltech), US.
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