US president delays TikTok ban by 75 days and threatens China with tariffs if Beijing does not approve a deal regarding the short-video app.
As the threat of a TikTok ban looms, U.S. TikTok users are flocking to the Chinese social media app Xiaohongshu – making it the top downloaded app in the U.S. Some of the “TikTok
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The TikTok ban is just days away unless the Supreme Court or new legislation stops it. Here's where users are going.
TikTok will become impossible to access via an American internet connection. It probably will remain possible to access from an American location, though. The rub is a virtual private network, which sets up an encrypted tunnel for internet browsing and can run it through practically any country.
On Monday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following U.S. President Donald Trump and China President Xi Jinping’s Friday phone call that took place after Asia markets closed and before the U.S. markets opened.
Chinese chip, electronics and electric-vehicle stocks rallied Tuesday, after President Trump didn't impose fresh tariffs on China in his first hours in office. He h
Ahead of a potential ban this Sunday, Xiaohongshu, which is also known as Red Note or Booktok, quickly became the most downloaded free app on the U.S. App Store on Tuesday, surpassing Lemon8, a social network app that is also owned by TikTok parent ByteDance.
TikTok has resumed operations in the US following a shutdown overnight on Saturday, after the incoming US president Donald Trump pledged to “save TikTok” by delaying the proposed ban.
Asia-Pacific markets were set to open higher Monday, ahead of Donald Trump's inauguration with investors awaiting greater clarity on the policies of the incoming U.S. administration. Australia's S&P/ASX 200 rose 0.2% at the open.
The billionaire behind Tesla has significant business interests in China and has previously described himself as “kind of pro-China”. He could be at odds with a number of China hawks in the second Trump administration, and may even be labelled a national security risk due to his connections to the second-largest economy in the world.
TikTok says it's "in the process" of restoring service to users in the United States after the popular video-sharing platform went dark in response to a new law.