ASIA: ByteDance and Oracle Corp issued conflicting statements on Monday over the terms of an agreement they reached with the White House over the weekend to allow TikTok to continue to operate in the United States. ByteDance said on Monday that it would own 80% of TikTok Global, a newly created US company that will […]

ASIA: China’s ByteDance is planning a U.S. initial public offering of TikTok Global, the new company that will operate the popular short video app, should its proposed deal be cleared by the U.S. government, Reuters reported. ByteDance is racing to clinch an agreement with the White House that will stave off a U.S. ban on […]

QUESTION: The supporters of the left side and of the state/public sector always mention that the private sector is the one that suffers as in general (ex. 2008/2009 AIG case) the public always comes at the end as a fire brigade to save the world. How would we answer technically to all these people? Thank […]

ASIA: US President Donald Trump raised questions on Wednesday about plans by China’s ByteDance to keep a majority stake in the U.S. operations of popular social media platform TikTok after six Republican lawmakers urged him to reject the proposal. Trump said he would be briefed on Thursday about a proposal that calls for Oracle Corp […]

  QUESTION: Mr. Armstrong, what is your comment on Dr. Yan and her assertion that this virus was created in the Wuhan Lab. She fled Hong Kong to the United States in April and says she will never be allowed home. What is your take on this story? Thank you. I think you are the […]

ASIA: The World Trade Organization found on Tuesday that the United States breached global trading rules by imposing multibillion-dollar tariffs in President Donald Trump’s trade war with China. WTO’s three-member panel said the US duties broke trading rules because they applied only to China and were above maximum rates agreed to by the United States. […]

ASIA: China’s industrial output accelerated the most in eight months in August, while retail sales grew for the first time this year, suggesting the economic recovery is gathering pace as demand starts to improve more broadly from the coronavirus crisis. Industrial output growth quickened to 5.6% in August from a year earlier, the fastest in […]

ASIA: Byte Dance has abandoned the sale of TikTok in the United States on Sunday in pursuit of a partnership with Oracle Corp it hopes will spare it a US ban while appeasing the Chinese government. ByteDance had been in talks to divest TikTok’s US business to either Oracle or a consortium led by Microsoft […]

ASIA: China has imposed “reciprocal restrictions” on all American diplomats at the US embassy and its consulates in China, including the consulate in the Hong Kong Special Administrative Region in China, in response to US restrictions on the Chinese embassy and consulates, according to Chinese Foreign Ministry on Friday. The relevant measures apply to senior […]

ASIA: The US says it has revoked the visas of more than 1,000 Chinese students and researchers who are deemed to be a security risk. The move follows a proclamation by President Donald Trump in May aimed at Chinese nationals suspected of having ties to the military. He said some had stolen data and intellectual […]