9 h. ago TikTok’s deal to divest US operations fails to satisfy China hawks

TikTok’s deal to divest US operations fails to satisfy China hawks  https-//www.semafor.com

Events

13 h. ago TikTok seals US deal but core algorithm could still rattle ties with China

TikTok may have dodged a US ban but unresolved questions about its algorithm could remain a source of tension in the broader US-China relationship, according to analysts. ByteDance, the parent company of the social media site, signed a binding agreement this week to divest its US entity into a joint venture controlled by a consortium of American investors, ending years of legal and political uncertainties. TikTok CEO Shou Zi Chew said in an internal memo on Thursday that the deal effectively...

Technology

14 h. ago TikTok reaches new US deal; China’s answer to Nvidia’s A100: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. TikTok reaches deal on new US venture with American investor group In a landmark move that ends years of legal and political uncertainty, TikTok CEO Chew Shou Zi informed employees that the company has signed a binding agreement to divest its US entity into a joint venture controlled by a consortium of American investors. 2. Chinese team builds optical chip...

Politics

14 h. ago TikTok’s new US deal, China’s answer to Nvidia’s A100: SCMP daily highlights

TikTok’s new US deal, China’s answer to Nvidia’s A100: SCMP daily highlights  South China Morning Post

Politics

19 h. ago US launches review of Nvidia’s H200 chip sales to China: sources

US President Donald Trump’s administration has launched a review that could result in the first shipments to China of Nvidia’s H200 chips, five sources said, making good on his pledge to allow the controversial sales. Trump this month said he would allow sales of Nvidia’s H200 chips to China, with the US government collecting a 25 per cent fee, and that the sales would help keep US firms ahead by cutting demand for Chinese-developed chips. The move drew fire from China hawks across the US...

Politics

22 h. ago China's ByteDance signs deal to form joint venture in step to avoid US TikTok ban

China's ByteDance signs deal to form joint venture in step to avoid US TikTok ban  Reuters

Politics

22 h. ago China’s ByteDance signs deal to form joint venture to operate TikTok US app By Reuters

China’s ByteDance signs deal to form joint venture to operate TikTok US app By Reuters  Investing.com

Culture

24 h. ago China's ByteDance signs deal to form joint venture to operate TikTok US app

China's ByteDance signs deal to form joint venture to operate TikTok US app  Reuters

Culture

28 h. ago TikTok reaches deal to sell US assets to American investor group

In a landmark move that ends years of legal and political uncertainty, TikTok CEO Chew Shou Zi informed employees on Thursday that the company has signed a binding agreement to sell its US operations to a consortium of American investors. The deal, which has received the backing of US President Donald Trump, effectively averts a looming nationwide ban and secures the platform’s future for its 170 million American users. The new entity, a TikTok US joint venture, is set to close on January 22,...

Economics

28 h. ago TikTok reaches deal on new US venture with American investor group

In a landmark move that ends years of legal and political uncertainty, TikTok CEO Chew Shou Zi informed employees on Thursday that the company has signed a binding agreement to divest its US entity into a joint venture controlled by a consortium of American investors. The deal, which has received the backing of US President Donald Trump, effectively averts a looming nationwide ban and secures the platform’s future for its 170 million American users. The new entity, named TikTok USDS Joint...

Economics

1 week ago U.S. China hawks say Trump approved Nvidia chip sales to China will supercharge its military

U.S. China hawks say Trump approved Nvidia chip sales to China will supercharge its military  Reuters

Events