China would prefer TikTok shut down in US instead of sold to domestic company
The Chinese government opposes a sale of TikTok's U.S. operations and would rather see the video app shut down in the U.S., according to a new report.
The Chinese government opposes a sale of TikTok's U.S. operations and would rather see the video app shut down in the U.S., according to a new report.
President Trump has reaffirmed his September 15 deadline for TikTok to be sold to a US company, and said there is no possibility of an extension.
Ahead of Apple's iPhone launch season, investment bank JP Morgan says that an August rebound in Chinese mobile device shipment in indicates improving momentum for the smartphone market.
TikTok parent company ByteDance is reportedly discussing possible arrangements with the U.S. government to avoid a full sale of the app.
Following concerns from its shareholders about Apple allegedly aiding China censorship, the company has published a formal document stating its commitment to upholding human rights.
India's Ministry of Electronics and Information Technology has banned 118 apps — including "PUBG: Mobile" — claiming that they are "prejudicial to sovereignty and integrity" of India.
While a sale of TikTok's US operations may be imminent, the Chinese restrictions on artificial intelligence technology exports may be a stumbling block for negotiations.
New sources now say that the resignation of TikTok's CEO means that a deal to sell to a US company — likely Microsoft in conjunction with Walmart — is imminent.
Investment bank Wedbush has raised its AAPL price target to an industry-high $600 on the upcoming "iPhone 12" cycle and signs of strength in the critical region of China.
TikTok's long-awaited legal challenge against a presidential executive order that would effectively ban the app in the United States has arrived, with the video sharing service suing to "protect our rights, and the rights of our community and employees."
A group of WeChat users filed a lawsuit against the Trump administration on Friday, in an attempt to put a stop to an executive order that would effectively ban the app from use in the United States.
Video sharing platform TikTok is going to take on the presidential executive order in a new legal challenge as early as Monday, a report claims, as the embattled app tries to shake off the impending ban on transactions.
Apple's moves to comply with Chinese laws by taking down apps from the App Store are part of an ongoing effort to maintain a relationship with government officials, but the continuing issues between the US and China in recent years has put Apple into a weaker position — one that endangers the App Store itself.
Chinese chip producers are tempting employees from Apple chip partner TSMC to jump ship, with more than 100 engineers and managers said to have taken the bait of higher wages as rival foundries attempt to shift away from relying on external suppliers.
As it announces better than expected financial results, Apple supplier Foxconn is also reportedly planning to increase moving production away from China.
A new document clarifying the Administration's plans says that companies such as Apple and Google may be required to remove TikTok even from their App Stores in China.
Analyst Ming-Chi Kuo has warned investors that the Administration's decision to ban US companies from having business relationships with firms including WeChat, may have a significant impact on Apple's sales worldwide.
The iPhone was the most popular premium smartphone in India for the second quarter of 2020, according to IDC, but while the smartphone market in China slumped as a whole, Apple continued to see growth in the important market.
President Donald Trump on Thursday signed an executive order that will block any transactions between U.S. companies and the parent firms of TikTok and WeChat starting Sept. 20.
Describing them as "untrusted Chinese apps," the US government says it wants WeChat, TikTok, and other unspecified services to be banned from all of the app stores in the US.
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