But the administration and some scholars worry that China can force its companies to help the government gather intelligence. In the case of TikTok, this remains a hypothetical threat, said Samm Sacks, a researcher at Yale Law School’s Paul Tsai China Center — but she acknowledges that it could be happening. … [Read more...] about Q&A: What’s up with Trump’s orders on TikTok and WeChat?
Trump bans lobbying
WeChat is owned by Tencent (TCEHY), China's biggest tech company and the world's largest gaming company. In March, Tencent reported that WeChat has nearly 1.2 billion monthly active users. The company does not disclose user numbers by country, but industry analysts say the vast majority of them are in China. … [Read more...] about What is WeChat and why does Trump want to ban it?
Alibaba's stock lost 3% in Hong Kong on Friday, signaling that investors were weighing the risks of Trump's sweeping clampdown on Chinese internet companies. Alibaba's cloud services, which US businesses use to host their online operations, are most immediately at risk after the Trump administration unveiled its "Clean Network" program earlier this week. … [Read more...] about WeChat ban sends shockwaves through global tech stocks
The order states, “The following actions shall be prohibited beginning 45 days after the date of this order, to the extent permitted under applicable law: any transaction by any person, or with respect to any property, subject to the jurisdiction of the United States, with ByteDance Ltd. (a.k.a. Zìjié Tiàodòng), Beijing, China, or its subsidiaries, in which any such company has any interest, as identified by the Secretary of Commerce (Secretary) under section 1(c) of this order.” … [Read more...] about Pres. Donald Trump Issues Executive Order Banning TikTok If Not Sold By Parent Company
When Democrats tried to pass their bill by unanimous consent last month, Sen. Ron JohnsonRonald (Ron) Harold JohnsonGOP chairmen hit back at accusation they are spreading disinformation with Biden probe Unemployment debate sparks GOP divisions Tensions flare as GOP's Biden probe ramps up MORE (R-Wis.), the chairman of the Homeland Security Committee, which has jurisdiction over the matter, objected, saying the measure had not been properly vetted and that Democrats were seeking to bypass the committee process. … [Read more...] about Democrats try to force Trump to boost medical supplies production