Microsoft in talks to acquire TikTok as parent company faces forced breakup

The White House is preparing to force Chinese internet giant ByteDance to shed the U.S. operations of TikTok, as potential buyers, including Microsoft Corp, are already in talks to buy the popular short video app, people familiar with the matter said on Friday. The move would be the culmination of U.S. national security concerns over… Read More Microsoft in talks to acquire TikTok as parent company faces forced breakup

U.S. gives China 72 hours to close its consulate in Houston

The United States gave China 72 hours to close its consulate in Houston amid accusations of spying, marking a dramatic deterioration in relations between the world’s two biggest economies. The U.S. State Department said on Wednesday the Chinese mission in Houston was being closed “to protect American intellectual property and Americans’ private information.” China’s foreign… Read More U.S. gives China 72 hours to close its consulate in Houston

U.S. adds dozens of Chinese companies to economic blacklist

The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy on its minority Uighur population or because of ties to weapons of mass destruction and China’s military. The U.S. Commerce Department’s move marked the Trump administration’s latest efforts to crack down on companies… Read More U.S. adds dozens of Chinese companies to economic blacklist

China withdraws accreditation of American journalists as dispute with U.S. escalates

China is withdrawing the press credentials of American journalists at three U.S. newspapers, intensifying a bitter fight between the world’s top two economies that has widened to include the coronavirus outbreak and media freedoms. Beijing announced on Wednesday what it said was retaliation against U.S. restrictions on Chinese journalists that includes revoking the accreditations of… Read More China withdraws accreditation of American journalists as dispute with U.S. escalates