China warns of ‘downward spiral’ as Blinken meets with Xi Jinping

China warns of ‘downward spiral’ as Blinken meets with Xi Jinping

HONG KONG — Secretary of State Antony Blinken met with Chinese President Xi Jinping in Beijing on Friday as he wrapped up a three-day visit to China dominated by contentious issues and warnings from his hosts of another “downward spiral” in relations. The two men met Friday afternoon local time at the Great Hall of […]

ByteDance Denies Reports It Is Exploring A TikTok Sale After Ban Bill

ByteDance Denies Reports It Is Exploring A TikTok Sale After Ban Bill

Topline ByteDance, TikTok’s Chinese parent firm, denied a report Thursday that it is exploring a sale of the social media platform, responding to media speculation after President Joe Biden signed a bill threatening to ban the popular app unless Bytedance divests its ownership. Key Facts “Foreign media reports that ByteDance is exploring the sale of […]

The TikTok law kicks off a new showdown between Beijing and Washington

The TikTok law kicks off a new showdown between Beijing and Washington

TikTok is gearing up for a legal fight against a U.S. law that would force the social media platform to break ties with its China-based parent company, a move almost certainly backed by Chinese authorities as the bitter U.S.-China rivalry threatens the future of a wildly popular way for young people in America to connect […]

Harajuku Station’s beautiful old wooden building is set to return, with a new complex around it

Harajuku Station’s beautiful old wooden building is set to return, with a new complex around it

Newly released design shows how the former station building will blend into a more modern landscape. It was a sad day back in March 2020 when Harajuku Station’s iconic building was dismantled and taken away, replaced with a larger and more modern complex that may have been more amenable to the growing crowds that led […]

Tiktok ban: Chinese owner Bytedance denies it’s willing to sell as US ban looms

Tiktok ban: Chinese owner Bytedance denies it’s willing to sell as US ban looms

Hong Kong CNN  —  TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social media platform, its first official response on the fraught issue since President Joe Biden signed a bill that could lead to a nationwide ban of the wildly popular app. “Foreign media reports that ByteDance is […]

US-China talks start with warnings about misunderstandings and miscalculations

US-China talks start with warnings about misunderstandings and miscalculations

BEIJING – The United States and China butted heads over a number of contentious bilateral, regional and global issues as U.S. Secretary of State Antony Blinken met Friday with Chinese President Xi Jinping and senior Chinese officials and warned of the dangers of misunderstandings and miscalculations. Blinken was meeting with Xi in Beijing after holding […]

ByteDance would shut down TikTok in US rather than sell it, sources say

ByteDance would shut down TikTok in US rather than sell it, sources say

ByteDance would prefer to shut down TikTok rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the US, four sources said. The algorithms TikTok relies on for its operations are deemed core to ByteDance’s overall operations, which would make a sale […]

Goldman Sachs likes these 2 mobile gaming stocks

Goldman Sachs likes these 2 mobile gaming stocks

Investors seeking exposure to China’s growing mobile gaming industry should look at technology giants Tencent and NetEase , according to Goldman Sachs. The investment bank expects “China to see faster growth from mid 2024 supported by game launches and a loosening regulatory environment.” Goldman’s optimism on Tencent and NetEase despite expectations that both companies will […]

Should investors buy the dip in Lululemon? Fund manager weighs in

Should investors buy the dip in Lululemon? Fund manager weighs in

Shares of popular athleisure brand Lululemon have plummeted this year, trailing the S & P 500 significantly. Its shares, which were included in the Wall Street index just last October, are down around 28% year-to-date. Does that make it a good bargain for investors right now? Portfolio manager Jack Dwyer says that although this particular […]

Are Singaporeans being seduced by AI influencers?

Are Singaporeans being seduced by AI influencers?

Your heart’s aflutter. An Instagram influencer is staring into your eyes. While sipping on their teh tarik from the Hougang hawker centre, they smile coyly and whisper: “This is the best date I’ve ever been on”. BEEP BEEP BEEP BEEP BEEP. The alarm goes off at the most inopportune of moments. And reality rushes in. […]

INSIGHT-Russian programmers play ‘cat and mouse’ game to outsmart censors

INSIGHT-Russian programmers play ‘cat and mouse’ game to outsmart censors

* Russian programmers coordinate in chats, at hackathons to outfox censors * Moscow has banned foreign social media sites, opposition media outlets * Programmers build on anti-censorship tools developed in China, US * Restrictions have been ramped up since invasion of Ukraine By Lucy Papachristou LONDON, April 25 (Reuters) – When Antony Rudkovsky was about […]

Australian-made policy benefits will be in the longer term

Australian-made policy benefits will be in the longer term

Letters to the Editor Readers’ letters on the need for a long-term view of the Future Made in Australia policy; Anzac Day’s poignant message; the battle with Elon Musk over content; a better way to combat Iran; handouts for rich fossil fuel companies; and a rescue plan for Tritium. Apr 25, 2024 – 2.31pm Subscribe […]

Mazda 6 EV leaked

Mazda 6 EV leaked

Low-resolution imagery of Mazda‘s new electrified sedan has leaked on Chinese social media ahead of its imminent reveal at this year’s Beijing motor show. Supplied Credit: CarExpert The Mazda EZ-6 is an electric sedan offered by Japanese carmaker’s joint venture company, Changan Mazda. At this stage it’s unclear if it previews a global replacement for […]

Should Canada follow the U.S.’s lead and consider a ban on social media app TikTok?

Should Canada follow the U.S.’s lead and consider a ban on social media app TikTok?

Photo: The Canadian Press/AP-Damian Dovarganes The TikTok Inc. logo is seen on their building in Culver City, Calif., Monday, March 11, 2024. Prime Minister Justin Trudeau says he’s not going to comment on the future of TikTok in the United States, but says his own government will continue to look out for the security of […]

We see Meta’s Q1 earnings-related stock slide as an opportunity

We see Meta’s Q1 earnings-related stock slide as an opportunity

Meta Platforms on Wednesday evening delivered a solid quarter with sales, operating income, earnings, and cash flow all exceeding expectations on the back of a solid increase in engagement. The stock, however, dropped sharply in after-hours trading following some guidance concerns. Revenue in the three months ended March 31 rose 27% year over year to […]

Jared Moskowitz briefly likes Michael Rapaport post telling AOC to ‘F–k off’

Jared Moskowitz briefly likes Michael Rapaport post telling AOC to ‘F–k off’

Jared Moskowitz briefly likes Michael Rapaport post telling AOC to ‘F–k off’ Breaking News

Illinois Is Working To Ban Skittles And Mountain Dew–Here’s Why

Illinois Is Working To Ban Skittles And Mountain Dew–Here’s Why

“Breakfast of Champions” may be the slogan for Wheaties cereal, but I used to work with a guy who would knock back a bag of Skittles and two bottles of Mountain Dew each and every morning before doing one single thing at work. He called that the breakfast of champions, and claimed that Skittles and […]

Blinken raises Chinese trade practices in meetings with officials in Shanghai

Blinken raises Chinese trade practices in meetings with officials in Shanghai

Secretary of state Antony Blinken raised what the US describes as unfair Chinese trade practices during his first full day of meetings in China with local government officials in the financial hub of Shanghai. Mr Blinken met with the city’s top official, Communist Party Secretary Chen Jining, and “raised concerns about (Chinese) trade policies and […]

Congress passed a TikTok bill. Will the US really ban the app?

Congress passed a TikTok bill. Will the US really ban the app?

The House of Representatives passed a bill that would require TikTok owner ByteDance to sell the social media platform or face a total ban in the United States. The Senate passed it less than a week later. Joe Biden signed it a day after the Senate voted yes. TikTok is facing its biggest existential threat […]

Beyoncé sends 2-year-old Philippines boy flowers, stuffed toy after viral “Where’s Beyoncé​?” TikTok video

Beyoncé sends 2-year-old Philippines boy flowers, stuffed toy after viral “Where’s Beyoncé​?” TikTok video

Most of us wouldn’t dare ask the question, but Tyler Fabregas is a confident 2-year-old boy. “Where’s Beyoncé?” he asked his mother in a viral TikTok video she posted last week from Manila, Philippines. “Beyoncé’s in her house, baby,” his mother, Bea Fabregas, replied. “She’s our friend,” Tyler insisted. The toddler was rewarded with a […]

Biden campaign to stay on TikTok after president signs bill that could ban app

Biden campaign to stay on TikTok after president signs bill that could ban app

Biden campaign to stay on TikTok after president signs bill that could ban app | The Hill Skip to content Damian Dovarganes, Associated Press file The TikTok Inc. building is seen in Culver City, Calif. The Biden campaign plans to continue using TikTok to reach voters and spread its message even after the president signed […]

US TikTok ban: Hard evidence is ‘really thin on the ground’

US TikTok ban: Hard evidence is ‘really thin on the ground’

TikTok has promised a court battle over a new law that threatens to ban it in the US with the app’s boss saying “we aren’t going anywhere”. US President Joe Biden approved the law that states the platform will be blocked if its Chinese owner, ByteDance, does not sell it within nine months. Politicians there […]

U.S. President Joe Biden signed a TikTok bill into law

U.S. President Joe Biden signed a TikTok bill into law

Good morning, Quartz readers! Here’s what you need to know U.S. President Joe Biden signed a TikTok bill into law. The measure requires the app’s owner, China-based Bytedance, to divest TikTok or get banned in the States in 270 days — but its CEO said TikTok isn’t going anywhere. Will SpaceX spinoff Starlink for a […]

Meta stock plunges 15% as company plans to invest heavliy in artificial intelligence

Meta stock plunges 15% as company plans to invest heavliy in artificial intelligence

Meta shares plunged more than 15% in extended trading on Wednesday after the company issued a light forecast, which overshadowed better-than-expected first-quarter results. Revenue increased 27% from $28.65 billion in the same period a year earlier, the fastest rate of expansion for any quarter since 2021. Net income more than doubled to $12.37 billion, or $4.71 per share, […]

TikTok CEO expects to defeat US restrictions: ‘We aren’t going anywhere’

TikTok CEO expects to defeat US restrictions: ‘We aren’t going anywhere’

TikTok’s chief executive said on Wednesday the social media company expects to win a legal challenge to block legislation signed into law by President Joe Biden that he said would ban its popular short video app used by 170 million Americans. “Rest assured – we aren’t going anywhere,” CEO Shou Zi Chew said in a […]

Meta says revenue will be weak as it spends even more on AI

Meta says revenue will be weak as it spends even more on AI

Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a row. The company plans to spend even more on AI in the coming months, though, and its share price slumped more than 15% as the company reported earnings Wednesday. A weak sales forecast and higher spending […]

Trudeau won’t comment on future of TikTok in U.S., as Liberals tap app’s influencers

Trudeau won’t comment on future of TikTok in U.S., as Liberals tap app’s influencers

OAKVILLE, Ont. — Prime Minister Justin Trudeau is refusing to comment on the future of TikTok in the United States, at a time when his own party is leaning on the app and its influencers to deliver the Liberals’ political message to Canadians.  The U.S. Senate passed a bill Tuesday that would force TikTok’s parent […]

Trudeau won’t comment on future of TikTok in U.S., as Liberals tap app’s influencers

Trudeau won’t comment on future of TikTok in U.S., as Liberals tap app’s influencers

OAKVILLE, Ont. — Prime Minister Justin Trudeau is refusing to comment on the future of TikTok in the United States, at a time when his own party is leaning on the app and its influencers to deliver the Liberals’ political message to Canadians.  The U.S. Senate passed a bill Tuesday that would force TikTok’s parent […]