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Investors ‘Sell’ Chinese Tech Stocks as Beijing Continues Crackdown
The Chinese Communist Party’s crackdown on the country’s tech companies has wiped out a trillion dollars...
ByteDance headquarters, parent company of social influencing app TikTok, is seen in Beijing on September 16, 2020. Whistleblowers from TikTok’s U.S. offices told CNBC not only are they made to work double shifts for ByteDance on Beijing time, but China has access to all U.S. user data and uses the privilege readily.
Chinese State Firm Claims Stake in TikTok’s Sibling Company
In April, ByteDance, which owns TikTok, sold a one percent stake in its subsidiary company Beijing ByteDance...
Hacker Who Stole $600M in Cryptocurrency Offered Job and Reward From the Company He Stole From
A week after a hacker perpetrated what many are calling the largest cryptocurrency heist in history,...
Companies Stockpile Cash As Delta Variant Fears Linger
Companies have been keeping a record amount of cash, despite concerns surrounding disruptions from Covid...
Global Semiconductor Supply Shortage, Nissan Shuts Down Operations at US Plant
Japanese carmaker Nissan is temporarily suspending operations at its assembly plant in Tennessee. The...
The United States has officially declared that communist China is engaged in genocide against the Uyghurs in Xinjiang, where Nike shoes are made.
Nike Turns Blind Eye to Genocide: ‘Business in China is Aligned to Our Values’
Nike is claiming that its values align with how it operates in communist China. The company has made...
China Barrels Forward With Massive Injection of Capital Into Aviation Industry in an Attempt to Compete
Amidst draconian lockdowns and travel restrictions due to surging cases of the novel coronavirus, China...
Huawei Accused of Installing ‘Backdoor’, Stealing Trade Secrets During Massive Project Undertaken for
Business Efficiency Solutions LLC (BES), a California based software company, is suing Huawei in a Californian...
Some American businesses are seeking an end to the trade war and reduction in tariffs on Chinese imports.
American Businesses to Biden: End Trade War With China and Restart Trade Talks
In 2018, President Donald Trump slapped tariffs and other trade barriers on China due to the country’...