In less than three months and notwithstanding intervention, TikTok will be effectively banned in the U.S. unless an American company steps in to save it, after the Trump administration declared by executive order this week that the Chinese-built video sharing app is a threat to national...

미국 정부의 화웨이 제재로 미국 내 산업이 악영향을 받는다는 우려의 목소리가 번지는 가운데 미국 반도체 업계와 IT 기업들이 화웨이와의 거래 승인을 잇따라 요청하고 있다. 미국반도체산업협회(SIA)는 미국 정부가...

Registrations of locally made Tesla Inc. vehicles in China fell in July from the previous month as competition intensified in the world’s largest electric-car market.In July, 11,456 China-built Teslas were registered in the country, according to data from state-backed China Automotive...

China has outlined plans for further tests of its digital currency initiative, now aiming for trials in areas including Beijing and Hong Kong.A digital renminbi trial will start in some of the country’s most developed regions, the Commerce Ministry said in an announcement on Friday that...

Happy Friday, Bull Sheeters. Solid U.S. labor data couldn’t save the Dow and S&P 500 from finishing in the red yesterday. But the benchmark S&P 500 is still up more than 50% since its March lows as it nears a new all-time high. Alas, U.S. futures point to a flat open today.Let’s check in on...

As TikTok’s fate remains in flux, its smaller rival Likee has been making waves around the world, garnering 150 million monthly active users as of this June. That’s according to the earnings report of Chinese internet company Joyy, the owner of Likee. For comparison, TikTok recorded about 200...