TikTok parent Bytedance is reportedly working on its own smartphone

It’s been a busy couple of months for Bytedance, one of the world’s most valuable startups and the operator of globally popular video app TikTok. The Beijing-based company has continued to grow its list of apps to include the likes…

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Tech stocks tumble as China retaliates in latest salvo of the trade war

Shares of technology corporations were hit hard as China retaliated against the U.S. in the latest salvo of the ongoing market conflict between the two countries. The S& P 500 Index removed roughly $1.1 trillion of value while the Dow…

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Security lapse exposed a Chinese smart city surveillance system

Smart metropolis are designed to construct life easier for their residents: better transaction handling by clearing streets, uttering sure the public transport is running on time and having cameras saving a watchful eye from above. But what happens when that…

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The end of Chinas ride-sharing gig

Over the last few years, tens of thousands of Chinese workers managed to earn extra money by being ride-hailing moves. Countless picked the gig because of its flexible schedule. For those who could not otherwise render to own a car…

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Chinese Tesla rival Nio trims IPO target: now aims to raise up to $1.5B

The U.S. IPO window may be wide open for Chinese tech firms, but electrical vehicle manufacturer Nio has conservatively trimmed the target for its NYSE listing to $1.5 billion after it exhausted a price range for its shares. The company…

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Trade War Winner Is Who Loses Least as U.S.-China Tariffs Loom

U.S. President Donald Trump’s assertion that swap battles are” good, and easy to triumph” is imitation news if economists are to be believed. The victor in an financial war of attrition will instead be which person loses least. The first…

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Everything Is for Sale in Cyprus, and Chinas Buying

increasingly forceful world-wide powerhouse of 1.4 billion people, the other an island commonwealth of 1.2 million that boasts a strategic location and a honour for a no-questions-asked approaching to financial affairs. That constitutes for a fascinating competitor as China seeks…

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Kim Jong Un Made a Surprise China Visit, Sources Say

First trip outside isolated nation since taking power in 2011 Mysterious move enters weeks after Trump agreed to meet Kim

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Apple’s Tim Cook Calls for More Regulations on Data Privacy

Cook pronounces at Beijing forum following Facebook contention Situation is so dire well-crafted regulation is necessity: Cook Forum in Beijing on Saturday. His explains will ramp up pressure on Facebook Inc. and other technology companies that rely on the enormous…

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China Weighs Slowing or Halting Purchases of U.S. Treasuries

China added to bond investors’ jitters on Wednesday as traders braced for what they feared “couldve been” the end of a three-decade bull market. Senior government officials in Beijing assessing the nation’s foreign-exchange views have recommended slow or halting obtains…

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