Twitter is in preliminary discussions for a possible combination with TikTok, the Wall Street Journal reported Saturday, after US President Donald Trump said he would ban the app, calling it a threat to national security.
China on Saturday slammed the United States for imposing “barbarous” sanctions in response to Beijing’s crackdown in Hong Kong, capping a dramatic week of deteriorating relations between the world’s two biggest economies.
Huawei Technologies Co will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of US pressure on the Chinese tech giant grows.
Microsoft Corp is chasing a deal to buy all of TikTok’s global business, including its operations in India and Europe, an international daily reported on Thursday, citing five people with knowledge of the talks. Microsoft has said it is seeking to buy the assets of TikTok in North America, Australia and New Zealand. It has not disclosed how much it is willin […]
President Donald Trump has demanded that the US treasury should get a substantial chunk of the TikTok sale proceeds, as he set September 15 as the deadline for the popular Chinese short video app to be out of business in the country unless it is bought by an American company.
A potential shotgun wedding to Microsoft Corp for TikTok’s US operations provoked an outcry on Chinese social media as well as criticism from a prominent Chinese investor in TikTok owner ByteDance. The US tech giant formally declared its interest on Sunday after President Donald Trump, who has cited national security risks posed by the Chinese-owned short vi […]
Zoom Video Communications will shift to a partner-only model in mainland China from August 23, suspending direct sales to all customers in the region, the company said on Monday. Zoom customers in China received an email on Monday informing them of the change, and telling them it would provide users with “better local support”.
British Airways pilots have overwhelmingly voted to accept a deal cutting wages by 20 per cent with 270 jobs lost, according to aviation union BALPA. The deal, announced Friday, comes as the airline struggles with the economic impact of the coronavirus which has seen it propose lay-offs of 12,000 staff, more than 1,200 of those pilots.
Australia will force US tech giants Facebook Inc and Alphabet Inc’s Google to pay Australian media outlets for news content in a landmark move to protect independent journalism that will be watched around the world. The move comes as the tech giants fend off calls around the world for greater regulation, and a day after Google and Facebook took a battering f […]
The US economy contracted at its steepest pace since the Great Depression in the second quarter as the COVID-19 pandemic shattered consumer and business spending, and a nascent recovery is under threat from a resurgence in new cases of coronavirus.
Jaguar Land Rover has picked ousted Renault boss Thierry Bollore as its next chief executive, with a mission to return Britain’s biggest carmaker to profit after a big hit from the COVID-19 pandemic. Bollore took over at Renault in January 2019 after the fall of Carlos Ghosn, but was always viewed a close to the French carmaker’s long-time boss and was pushe […]
Walt Disney has become the latest company to slash its advertising spending on Facebook as the social media giant faces an ad boycott over its handling of hate speech and controversial content, the Wall Street Journal reported on Saturday, citing people familiar with the situation.
British clothing and food retailer Marks & Spencer (M&S) said on Monday it planned to cut 950 jobs as part of a restructuring, dealing a further blow to a sector that has already seen thousands of redundancies during the COVID-19 crisis.
China will lose “a big tool” of espionage and surveillance if America and some western European countries ban Chinese apps like TikTok as done by India, US National Security Advisor said. India last month banned 59 Chinese apps, including TikTok and UC Browser, saying they were prejudicial to the sovereignty, integrity and security of the country.
More than a dozen top American technology companies, including Google, Facebook and Microsoft, on Monday joined a lawsuit filed by the Harvard University and the Massachusetts Institute of Technology against the Immigration and Customs Enforcement’s (ICE) latest rule that bars international students from staying in the United States unless they attend a […]
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