Ex-TikTok Employees Say They Worked Closely With its China-Based Parent Company

Ex-TikTok Employees Say They Worked Closely With its China-Based Parent Company Fortune reporting – In January, TikTok CEO Shou Zi Chew appeared before U.S. lawmakers to address concerns about TikTok’s connections to its Chinese parent company, ByteDance, and potential risks to national security. Chew maintained that the social media platform had largely severed its links […]

Modi Cruising to Third Term Amid Economic Growth

Modi Cruising to Third Term Amid Economic Growth Bloomberg reporting – As the world anticipates the commencement of the largest democratic event next week, the spotlight is on Indian Prime Minister Narendra Modi, who is widely expected to secure a third term in office. With almost 1 billion eligible voters, the election process, starting April […]

Chinese Firms Helping Military Get AI Chips Added to US Export Blacklist

Chinese Firms Helping Military Get AI Chips Added to US Export Blacklist Reuters reporting – The United States has moved to tighten export controls against China’s military advancements by adding four Chinese companies to its export blacklist, citing their attempts to acquire artificial intelligence (AI) chips for military use. Announced during a Senate subcommittee hearing […]

US, Allies Conducting Maritime Drills in Philippines

US, Allies Conducting Maritime Drills in Philippines Bloomberg reporting – The United States, Australia, Japan, and the Philippines are set to conduct joint military drills in the South China Sea on April 7, amidst escalating tensions between Manila and Beijing over the disputed maritime region. This collaborative effort, aimed at bolstering interoperability among the four […]

Chinese EV Giant BYD Posts Slowest Quarterly Profit Growth in 2 Years

Chinese EV Giant BYD Posts Slowest Quarterly Profit Growth in 2 Years Reuters reporting – Chinese electric vehicle (EV) manufacturer BYD reported a 18.6% increase in fourth-quarter profit, marking its slowest growth rate since Q1 2022, amidst a challenging backdrop of diminishing EV sales momentum in the world’s largest auto market. This deceleration occurs amid […]

China Files WTO Complaint Over US EV Subsidies

China Files WTO Complaint Over US EV Subsidies Bloomberg reporting – China has initiated a legal challenge against the United States at the World Trade Organization (WTO), targeting the US Inflation Reduction Act’s provisions that effectively discourage electric vehicle (EV) manufacturers from utilizing battery materials sourced from China. Labeling these rules as “discriminatory” and accusing […]

US and Japan Plan Upgrade to Security Alliance

US and Japan Plan Upgrade to Security Alliance Financial Times reporting – US President Joe Biden and Japan’s Prime Minister Fumio Kishida are on the brink of revealing a strategic plan to overhaul the US military command structure in Japan, aiming to bolster operational coordination and military exercises between the two nations. This initiative, which […]

US Officials to Brief Senators Wednesday on Threats Posed by TikTok

US Officials to Brief Senators Wednesday on Threats Posed by TikTok Reuters reporting – U.S. senators from the Commerce and Intelligence committees are set to receive a classified briefing on the national security threats posed by the Chinese-owned app TikTok, amidst discussions on how to proceed after the House voted to potentially force TikTok’s parent […]

FCC Investigating Phones That Use Signals From Foreign Satellites

FCC Investigating Phones That Use Signals From Foreign Satellites Bloomberg reporting – The Federal Communications Commission (FCC) is currently conducting an investigation to determine if mobile devices in the United States that receive and process satellite signals from constellations controlled by foreign adversaries are in violation of federal regulations. This investigation, which encompasses major device […]

Don’t Invest in China, Says Goldman Sachs

47 Chinese Companies Axe IPO Plans Amid Listing Scrutiny Reuters reporting – In the current year, there has been a noticeable uptick in the number of companies retracting their plans to go public on China’s stock exchanges, with 47 withdrawals so far, up from 29 in the same timeframe the previous year. This surge in […]