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Exclusive | China softens stance on TikTok deal in US as Trump offers 75-day grace period, sources say

Chinese authorities appear to be softening their stance on the fate of TikTok, possibly paving the way for Beijing-based ByteDance…

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Nvidia CEO skips Trump’s inauguration for Lunar New Year Asia visit, source says

Nvidia CEO Jensen Huang is expected to miss the inauguration of US president-elect Donald Trump on January 20, bucking a…

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Elon Musk sued by US SEC over delayed Twitter stake disclosure

Elon Musk was sued on Tuesday by the US Securities and Exchange Commission (SEC), which accused the world’s richest person…

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New Business

Tech war: China’s TikTok sellers eye Amazon and Shein as US ban looms

Chinese merchants on TikTok are taking precautionary measures to prepare for a looming ban of the short-video app in the…

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New Business

TikTok denies rumors of sale to Elon Musk, calls report pure fiction amidst ongoing scrutiny

TikTok has strongly denied recent reports suggesting that its parent company, ByteDance, is exploring the possibility of selling the popular…

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New Business

China considers selling TikTok U.S. operations to Elon Musk amid potential ban

Chinese officials are reportedly exploring the possibility of selling TikTok’s U.S. operations to Elon Musk if the platform fails to…

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People like Musk ‘important bridges’ in ties: former AmCham China head Roberta Lipson

American business leaders with “significant” investments in both the US and China – such as Elon Musk – can serve…

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BYD overtakes Tesla as world’s largest maker of pure electric cars in fourth quarter

BYD Auto, China’s electric vehicle (EV) king, was the world’s biggest seller of pure electric cars in the fourth quarter…

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New Business

From oversupply to Trump 2.0: the outlook for EV batteries in 2025

The global battery market endured a difficult year in 2024, with weaker-than-expected electric vehicle (EV) demand, overcapacity, intense competition among…

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New Business

Musk’s Starlink to bring satellite-powered mobile service to Ukraine

Kyivstar, Ukraine’s largest mobile operator, signed a deal with Elon Musk’s Starlink to introduce satellite-powered cellular service in the war-torn…

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