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On the heels of TikTok looming With its ownership in the U.S. closed on January 19 (unless the Supreme Court intervenes), it looks like another Chinese app is getting some attention. American users are flocking to Chinese short-form video apps…

TikTok has called “pure fiction” a report that China is considering allowing the sale of the social media company’s US operations to Elon Musk. The firm’s comments came in response to a Bloomberg report that Chinese officials were considering an…

Investing.com – The Japanese yen showed little movement on Tuesday, although Bank of Japan (BOJ) Deputy Governor Ryozo Himino hinted that it could rise at the upcoming policy meeting. Himino suggested the central bank may consider raising rates following President-elect…

Department of Transport announcement Another $636 million in funding that will be awarded to 49 applicants for electric-vehicle charging infrastructure — and Tesla’s application for nearly $100 million to fund a big-rig charging corridor — were again passed on Friday.…

The special counsel leading a years-long investigation into Joe Biden’s son, Hunter, criticized the president for making “baseless allegations” in the case and defended his investigation in a final report. In the report released Monday, David Weiss called the prosecution…

Investing.com– Asian stocks were mixed on Tuesday, as Chinese stocks jumped on reports of a gradual U.S. tariff increase by Donald Trump, while a sharp decline in Japanese stocks weighed on other regional shares. Asian shares fell sharply in the…

With a week left in office, President Joe Biden has introduced a new set of guidelines and restrictions for the export of US-made AI chips. The administration announced this on Monday Interim Final Rule On AI Diffusion. The ruling is…

By Samuel Shen and Ga Zen SHANGHAI/HONG KONG (Reuters) – Day trader Lu Delong’s optimism for China’s stock market quickly evaporated in the first week of the year, forcing him to dump shares three months after he was set for…

Chinese government officials have discussed a scenario in which ByteDance sells TikTok’s US arm to Elon Musk, The Supreme Court on January 19 upheld the law banning the app. Bloomberg reported China would strongly prefer TikTok to remain under ByteDance’s…

‘Your house is on fire’: The moment a man is rescued from a burning house in LA Residents of Los Angeles are bracing for further destruction as weather forecasts indicate that the winds that are helping to fan the flames…