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Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection. Isidore Montag/Gorunway/Courtesy Ralph Lauren Looks from the 2024 Fall/Holiday Ralph Lauren collection.
Persons: Ralph Lauren, Kerry Washington, Jessica Chastain, Morgan Spector, Hannah Einbinder, Mies, der, Nnamdi Asomugha, Glenn Close, Kevin Tachman, Ralph Lauren Hannah Einbinder, Zach Hilty, Ralph Lauren Jodie Turner, Smith, Ralph Lauren The, , , ” Lauren, Polo, , Christy Turlington, Isidore Montag, Ralph Lauren Ralph Lauren Fall, Cowboy Carter ” –, Lauren, glitz, ” “, Rebecca Hall, Lauren’s Organizations: CNN, Polo, Washington Locations: New York City, Madison, Manhattan
CNN —With 100 days to go until the start of the Paris Olympics, Team USA is expected to top the medal table once again at this year’s Summer Games. According to a virtual Paris Olympics medal table released by Nielsen’s Gracenote, the US is forecast to win 123 medals in Paris – 39 gold, 37 silver and 47 bronze. “The United States team has medals projected in 27 different sports in the Virtual Medal Table, two sports fewer than the country’s own Olympic record of 29 which was set in Tokyo. Australia, Japan, Italy, Netherlands, Germany and South Korea make up the rest of the top 10 in the virtual medal table. The table is a statistical model based on individual and team results in past events, including Olympics, world championships and World Cups.
Persons: Nielsen’s Gracenote, ” Gracenote, Katie Ledecky, Alex Slitz, Gracenote, Christian Coleman, Noah Lyles, Simone Biles Organizations: CNN, Paris Olympics, USA, Angeles, United States, , France Locations: Paris, Tokyo, China, Great Britain, Australia, Japan, Italy, Netherlands, Germany, South Korea
But American apps have long been barred in China. “The TikTok bill appears likely to become law and China’s displeasure seems ironic, if not hypocritical, given its stance toward American social apps,” said Brock Silvers, managing director at Kaiyuan Capital. The Chinese government has said it strongly opposes a forced sale of TikTok, and it has the legal ability to do so. A man walks past the headquarters of ByteDance, the parent company of TikTok, in Beijing. “While China has completely banned [these] American apps, TikTok enjoys all the benefits of America’s free and open legal and political systems,” he said.
Persons: Hong Kong CNN — TikTok, ByteDance doesn’t, Wang Wenbin, , Brock Silvers, Wang, Joe Biden, TikTok, CNN Beijing’s, Trump, Greg Baker, , Winston Ma, Silvers, Alex Capri, Craig Singleton, “ We’ve, ” Capri Organizations: Hong Kong CNN, US, Foreign Ministry, Google, Kaiyuan, Chinese Commerce Ministry, ByteDance, Trump, CNN, Commerce Ministry, Getty, New York University School of Law, Foundation, National University of Singapore Business School, Foundation for Defense of Democracies, Weibo, Twitter, Facebook Locations: China, Hong Kong, United States, Beijing, TikTok, ByteDance, AFP, Washington, Washington , DC
By making history at the Games, Paris medalists will take a bit of France and its history home, too. The iron pieces embedded in the center of the Olympic medals each weigh 18 grams (about two-thirds of an ounce). We realized that there’s one symbol known across the world, which is the Eiffel Tower,” Roncin said. “We said to ourselves, ‘Hey, what if we approached the Eiffel Tower Operating Co. to see if it’s possible to get a bit of the Eiffel Tower to integrate into the medal?’”The company agreed, and “the dream became reality,” he said. They’ll come in a dark-blue box from Chaumet and a certificate from the Eiffel Tower Operating Co. that the iron pieces came from the monument.
Persons: Simone Biles, LeBron James, it’s, Gustave Eiffel’s, Joachim Roncin, ” Roncin, , , Chaumet, didn’t Organizations: PARIS, Eiffel, Paris Games, Games, Paris, Operating, , Nike, Paris Mint, Olympics Locations: London, Beijing, Athens, France, Paris, paris
The order by the Hong Kong High Court also is not a remedy for the crisis of confidence haunting China’s financial markets. Markets in both Hong Kong and Shanghai fell Tuesday while share prices of property developers sank. State-owned Chinese banks and other domestic entities own most of the debt owed by Chinese property developers. David Goodman, director of the University of Sydney’s China Studies Center, said he thinks China’s property debt burdens are unlikely to precipitate a major financial crisis. “The fact of the matter is that the Chinese financial system is not as open or as marketized (as in the United States),” he said.
Persons: Brock Silvers, haven't, Silver, , Seng, David Goodman, , Soo Organizations: Evergrande, Hong Kong High, Kaiyuan, , Sunac China Holdings, F Properties, Shanghai, Swiss Re Institute, Swiss, University of Sydney’s China Studies Center Locations: BANGKOK, Hong Kong, China, Beijing, Shanghai, Guangzhou, United States, U.S, Singapore
ST. PAUL, Minn. (AP) — Wildlife officials have captured hundreds of invasive carp from the Mississippi River near Trempealeau, Wisconsin. The Minnesota Department of Natural Resources announced Friday that officials caught 296 silver carp, 23 grass carp and four bighead carp Nov. 30 in what the agency called the largest single capture of invasive carp in Minnesota to date. Agency officials said the Wisconsin Department of Natural Resources tracked six tagged invasive carp in that area of the river the week that led officials to larger schools moving upstream. There is no hard estimates of invasive carp populations in the U.S., but they are believed to number in the millions. Grace Loppnow, the Minnesota DNR's invasive carp coordinator, said the large number captured Nov. 30 is concerning but it's likely they moved upstream and didn't hatch in Minnesota waters.
Persons: Grace Loppnow Organizations: PAUL, , The Minnesota Department of Natural Resources, Wisconsin Department of Natural Resources Locations: Mississippi, Trempealeau , Wisconsin, Minnesota, U.S
LA CROSSE, Wis. (AP) — Wildlife officials across the Great Lakes are looking for spies to take on an almost impossible mission: stop the spread of invasive carp. Kayla Stampfle, invasive carp field lead for the Minnesota DNR, said the goal is to monitor when carp start moving in the spring and use the tagged fish to ambush their brethren. Political Cartoons View All 1256 ImagesFour different species are considered invasive carp: bighead, black, grass and silver. There is no hard estimates of invasive carp populations in the U.S. but they are believed to number in the millions. Wildlife agencies are still consolidating data on how many invasive carp that real-time tracking has helped them remove, U.S.
Persons: Kayla Stampfle, Fritts, Janet Lebson, Mark Fritts, Marc Smith, , " Smith, James Stone, Stampfle, It's Organizations: , U.S . Fish, Wildlife Service, Minnesota Department of Natural Resources, Agency, Minnesota DNR, Press, Fisheries, Water Resources Reform, Survey, Chicago Sanitary, The Minnesota DNR, Minnesota -, La Crosse, Fish, Wildlife, Cities, Lakes Regional Center Locations: LA CROSSE, Wis, U.S, Mississippi, Wisconsin, Lake Erie, Lake Michigan, Lake Ontario, St, Croix, Gulf, Mexico, Illinois, Ohio, Missouri, Chicago, Davenport , Iowa, The, Des Plaines, Sandusky, Minnesota, Minnesota - Wisconsin, La, Iowa, La Crosse
However, after receiving a diploma and medal at the event, Gutierrez hit out at Mayor Raul Pena before leaving the awards on the floor. After the video went viral, Gutierrez received public praise and a crowdfunding campaign was organised to provide support. "It wasn't my intention for the video to go viral, and I don't need that much money," Gutierrez told Reuters on Wednesday. Gutierrez's bronze was Peru's first medal in canoeing at the Pan Am Games. The country won a total of 32 medals in Chile, including 10 gold, six silvers and 16 bronze medals.
Persons: Peru's Eriberto Gutierrez Robles, Ivan Alvarado, Canoeist Eriberto Gutierrez, Gutierrez, Mayor Raul Pena, " Gutierrez, Peru's, Angelica Medina, Peter Rutherford Organizations: Pan Am, Games, Mayor, Facebook, Reuters, Pan Am Games, Thomson Locations: Los Andes, Chile, Peru, Santiago, Abancay, Mexico City
Sigrid Nunez’s Art of Noticing
  + stars: | 2023-10-30 | by ( Wyatt Mason | ) www.nytimes.com   time to read: +3 min
Growing up on Staten Island, Nunez was an outsider to the literary world. Her father immigrated to the United States illegally at some point — facts on his life are scant, according to Nunez — working in a hospital kitchen and Chinese restaurants. Home difficulties aside, Nunez was an avid reader and a strong student, which earned her the scholarship to Barnard. Auden and Susan Sontag (who later hired Nunez as a typist, a period memorialized in Nunez’s one memoir, “Sempre Susan”). Silvers was notorious for yelling at his staff or barely noticing them, for expecting them to stay until all hours, as he would.
Persons: Nunez, Nunez —, , Barnard, Virginia Woolf, Nunez’s, , Hardwick, — Hardwick, Robert Silvers, Barbara, Jason Epstein —, Mary McCarthy, Truman Capote, Edmund Wilson, Saul Bellow, W.H, Auden, Susan Sontag, Susan ”, — Martin Scorsese, ” Nunez, Silvers, Barbara Epstein Organizations: Army, Putnam, The New York, New York City, New York Locations: Staten, United States, Lowell, New York
Foreign fund outflows from China’s so-called A-share market have entered “an unprecedented stage,” Morgan Stanley strategists wrote in a recent note. A-shares are yuan-denominated shares of mainland China firms that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange. This seems highly unlikely under Xi.”Even Chinese investors seem to be plagued by a growing lack of faith in the future of the country’s economy. It will hit the economy in an all-around and indiscriminate way,” the fund said in a letter to its investors, which went viral. “Xi might wield vast control in China, but he can’t compel global investors to buy into his vision or risk their capital,” he said.
Persons: ” Morgan Stanley, , Alex Capri, Xu jingbai, ICHPL, Brock Silvers, Beijing’s “, Apple’s iPhones, George Magnus, Joe Biden, Goldman Sachs, Derek Scissors, Xi, Craig Singleton, Xi Jinping, Organizations: Hong Kong CNN — Investors, Shanghai Stock Exchange, Shenzhen Stock Exchange, Connect, CSI, Foundation, National University of Singapore Business School, Chinese Communist Party, Kaiyuan, , China’s Taiwan Affairs Office, China Centre of Oxford University, Global, People’s Bank of China, National People’s, Central Huijin Investment, American Enterprise Institute, Dingtai, Foundation for Defense of Democracies Locations: China, Hong Kong, Beijing, China’s, Shanghai, Shenzhen, Hai'an, China's Jiangsu, Capri, United States,
Andrade and MacNeil take Pan Am Games spotlight
  + stars: | 2023-10-25 | by ( Steve Keating | ) www.reuters.com   time to read: +4 min
With marquee names in short supply, Olympic champions MacNeil and Andrade commanded the Pan Am stage, the Canadian tying American Gabi Albiero for first in women's 50 metre freestyle while Andrade soared to the top of the podium in the vault. Simone Biles aside, Andrade might just be the most intriguing athlete competing in her sport in Santiago. Biles may be recognised as the greatest gymnast of all-time but Andrade is the queen of the vault, holding the Olympic, world championship and now Pan Am Games crowns on the apparatus. MacNeil's fourth win in Santiago tied the record for most gold by a Canadian swimmer at a Pan Am Games while her six total medals (four gold, a silver and bronze) also equalled a single Games national mark. Chile enjoyed their best day of the Panamerican Games scooping up three gold to push their total to five while Argentina's struggles continued.
Persons: Brazil's Rebeca Andrade, Agustin Marcarian, Rebeca Andrade, Maggie MacNeil, MacNeil, Andrade, Gabi Albiero, Simone Biles, Biles, Jordan Chiles, Zoe Miller, , I’m, Argentina's, Steve Keating, Lincoln Organizations: Centro, deportes colectivos, Rights, Pan American Games, Olympic, Tokyo, Pan Am, Pan, Santiago, Pan Am Games, Canadian, Aquatic, Thomson Locations: Santiago, Chile, United States, Santiago ., Antwerp, Biles, Canadian, Argentina, Grande, U.S, Mexico, Canada
Hong Kong CNN —Taiwan’s Foxconn, one of Apple’s largest suppliers, is being investigated by authorities in China, according to state media. Foxconn, also known as Hon Hai Precision Industry, has iPhone factories in Guangdong and Henan, including the world’s largest in the city of Zhengzhou. The company’s listed unit in Shanghai, Foxconn Industrial Internet, plummeted by its daily limit of 10% on Monday. Terry Gou, Foxconn founder, announces bid for Taiwan presidency during a press event in Taipei on August 28. The crackdown came despite repeated calls from Chinese leaders to welcome more foreign investment to boost the country’s slowing economy.
Persons: Taiwan’s, Terry Gou, won’t, Foxconn, , , Brock Silvers, Gou, Hai, ” Gou, Ann Wang, Lai Ching, — Hou Yu, Ko Wen, Zhang Wensheng, ” Zhang, Silvers Organizations: Hong Kong CNN, Global Times, CNN, Hai Precision Industry, Foxconn Technology, WPP, drugmaker Astellas Pharma, Kaiyuan, , Apple, Communist, Taiwan, Democratic People’s Party, ih, Kuomintang, Taiwan People’s Party, Beijing, China’s Xiamen University, Financial Times, Shanghai, Economic Observer Locations: China, Hong Kong, Beijing, Guangdong, Jiangsu, Henan, Hubei, Zhengzhou, Shanghai, Taipei, Taiwan
Former Olympic Gold medallist gymnast Mary Lou Retton (R) of the U.S. and her former coach Bela Karolyi laugh as they sit next to the floor during the AT&T American Cup gymnastics competition at New York's Madison Square Garden March 3, 2012. REUTERS/Mike Segar /File Photo Acquire Licensing RightsOct 11 (Reuters) - Olympic gold medallist Mary Lou Retton is "still fighting" a rare form of pneumonia that has left her in an intensive care unit for more than a week, her daughter said on Wednesday. Retton, a former U.S. gymnast, captured the heart of the nation with an historic gold medal-winning performance at the 1984 Olympic Games in Los Angeles. "Thank you so much for all the love and support you have given to my mom," her daughter Shayla Schrepfer said in a video on Instagram. "So please continue the prayers and we can not thank you enough for the love and support you guys have shown."
Persons: Mary Lou Retton, Bela Karolyi, Mike Segar, Shayla Schrepfer, McKenna Kelley, She's, Schrepfer, Ecaterina Szabo, Retton, Rory Carroll, Toby Davis Organizations: Olympic, New, REUTERS, International Gymnastics Hall of Fame, Thomson Locations: U.S, Los Angeles, Fairmont, West Virginia
When your child is having a meltdown in the grocery store aisle or at the restaurant dinner table, it can be hard to not appease them. However, overindulgence can have consequences down the line, Lauren Silvers, a child psychologist at FamilyWise Northwest, told NPR's Life Kit. Overindulging is not the same thing as spoiling, Silvers said. Spoiling is about the child's needs and wants, but overindulging is about making a parent's life easier. Don't miss: These 2 activities can help you raise smarter kids, says brain study: They’re ‘associated with improved cognition’Here's how to know whether you're overindulging your kids, and how to stop.
Persons: overindulgence, Lauren Silvers, Silvers, Overindulging
Sixteen years on, six MLS teams (over 20%) have artificial turf in their home grounds, including Atlanta United’s Mercedes-Benz Stadium, where Inter Miami will play on Saturday with potentially Lionel Messi featuring. “Truth is it’s been a while since I’ve played on artificial turf, but I have no problem adapting myself again,” said Messi. The science is conflicting as to whether artificial turf presents increased health concerns to those playing on it. Lower-extremity injuries, in particular knee and ankle injuries, more commonly occur on artificial turf in comparison to natural grass.”Lower leg injuries suffered on artificial turf aren’t just an issue for NFL players. More than 70,000 fans are expected in Atlanta to watch Atlanta United play Inter Miami, but for his next trick just how will Messi potentially deal with playing on artificial surface?
Persons: CNN —, , David Beckham, Atlanta United’s Mercedes, Lionel Messi, Beckham, it’s, I’ve, Messi, Shaun Botterill, Aaron Rodgers ’, Simone Magill –, Megan Briggs, Magill, ” Holly Silvers, Sanjay Gupta, Silvers, Granelli, Alex Slitz, Dr, Andrew Pearle, Rodgers ’, David Bakhtiari, Roger Goodell, he’ll, Gianni Infantino, They’ll, Goodell, , Thierry Henry, ” Henry, Fred Kfoury III, Germain Organizations: CNN, Major League Soccer, MLS, Atlanta, Benz, Inter Miami, LA Galaxy, Toronto’s BMO, Bodø, Young Boys, Toronto FC, BMO Field, NFL, Orthopaedic Journal, Sports Medicine, soccer, ” Northern Ireland, CORE, CNN Chief, Atlanta United, Hospital for Special Surgery, Green Bay Packers, Twitter, ESPN, FIFA, New York Red Bulls, , New, Gillette, Paris Saint, US Locations: Europe, Barcelona, Glimt, Norway, Switzerland, Netherlands, Los Angeles, California, New York City, North America, Foxborough, Paris, Atlanta
Dominican Republic's Paulino claims 400m gold
  + stars: | 2023-08-23 | by ( ) www.reuters.com   time to read: +1 min
BUDAPEST, Aug 23 (Reuters) - Marileidy Paulino of the Dominican Republic won World Championship gold in the women’s 400m on Wednesday, finally claiming top spot on the podium after silvers at last year’s worlds and Tokyo Olympics. The race was wide open in the absence of injured American Sydney McLaughlin-Levrone, the 400m hurdles world record holder and fastest in the world this year over the flat, and with Olympic and defending world champion Shaunae Miller-Uibo going out in the heats four months after having a baby. Paulino, second-fastest this year, was out in lane seven and ran a controlled race to come off the final bend in the lead and drive home for an emphatic victory in 48.76 seconds. Poland's Natalia Kaczmarek took silver in 49.57 followed by Sada Williams of Barbados in 49.60. Reporting by Mitch Phillips, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.
Persons: Marileidy Paulino, Sydney McLaughlin, Shaunae Miller, Paulino, Natalia Kaczmarek, Sada Williams, Mitch Phillips, Ed Osmond Organizations: Dominican Republic, Tokyo Olympics, Olympic, Thomson Locations: BUDAPEST, Barbados
Paulino, second-fastest in the world this year, knew she would never get a better chance to become the first Dominican female world champion and did not waste it. Paulino was out in lane seven and ran a controlled race to surge ahead at the top of the home straight and drive home for an emphatic victory in a national record 48.76 seconds. "This national record means a lot to me. That is first world championships medal for Poland over 400m. It is still difficult to believe that this silver medal is mine."
Persons: Marileidy Paulino, Sydney McLaughlin, Shaunae Miller, Paulino, Klaver, Natalia Kaczmarek, Sada Williams, Kaczmarek, Mitch Phillips, Ed Osmond Organizations: Dominican Republic, Tokyo Olympics, Olympic, Poland, Thomson Locations: BUDAPEST, Dominican, Barbados
Peerless Kipyegon cruises to third 1500m world gold
  + stars: | 2023-08-22 | by ( Mitch Phillips | ) www.reuters.com   time to read: 1 min
BUDAPEST, Aug 22 (Reuters) - Kenyan middle-distance superstar Faith Kipyegon capped a year that brought her a hat-trick of world records by claiming a treble of world 1,500 metres gold medals as she ran a perfect race to come home in 3:54.87 on Tuesday. Kipyegon, the double Olympic champion, has not lost over the distance for two years. Still only 29, Budapest is her sixth world championships and she now has a remarkable haul of three golds, two silvers and a fifth place on her debut in 2013. Ethiopia's Diribe Welteji was the best of the rest as she took silver in 3:55.69, with Sifan Hassan of the Netherlands finishing well for bronze in 3:56.00. Reporting by Mitch Phillips, editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.
Persons: Faith Kipyegon, Kipyegon, Ethiopia's Diribe Welteji, Sifan Hassan, Mitch Phillips, Ken Ferris Organizations: Thomson Locations: BUDAPEST, Kenyan, Budapest, Netherlands
GLASGOW, Aug 7 (Reuters) - Dutchman Harrie Lavreysen maintained his stranglehold on track cycling's sprint discipline as he made it five world titles in succession in the individual event on Monday. Having powered the Dutch to team sprint gold earlier in the meet and, with the keirin to come on Tuesday, he could leave Glasgow having matched the record 14 world titles of French sprint king Arnaud Tournant. Host nation Britain also enjoyed another impressive day at the Chris Hoy Velodrome to top the medals table. He has won five sprint titles in a row, five of the last six in team sprint and three of the last three in keirin. "My legs are still screaming," Barker said after adding the madison to the team pursuit gold she won last week.
Persons: Harrie Lavreysen, Tobago's Paul Nicholas, Arnaud Tournant, Chris Hoy, Elinor Barker, Neah Evans, Ethan Vernon, Tiger Woods, Roger Federer, Lavreysen, Nicholas, Jason Kenny, I'm, Britain's, Barker, Evans, Martyn Herman, Ken Ferris Organizations: GLASGOW, Trinidad, UCI, Glasgow, Chris Hoy Velodrome, France, Paris Games, Reuters, MAN, Tokyo, Thomson Locations: Britain, Australia, keirin, British, France, madison
Data from U.S. Customs and Border Protection shows that de minimis shipments into the U.S. rose to 685.5 million in 2022, up nearly 67% over 2018. That equals roughly two to three million packages a day, Robert Silvers, Under Secretary for Policy at the Department of Homeland Security, told lawmakers in July. A bipartisan group of U.S. lawmakers in June introduced bills that would ban de minimis shipments from China upon enactment. Rival U.S. retailers also have grown increasingly concerned about the exemption as Shein and Temu have gained market share. In 2015, Congress raised the cap on de minimis shipments to $800 from $200, making the U.S. threshold one of the highest in the world.
Persons: Dado Ruvic, Shein, Peter Pernot, Robert Silvers, minimis, Jason Smith, Temu, Steve Story, They're, Erik Autor, Katherine Masters, Anna Driver Organizations: REUTERS, PDD Holdings, U.S, Reuters, American Apparel and Footwear Association, de, U.S . Customs, Border Protection, Department of Homeland Security, Republican, Columbia, Apex Logistics International, UPS, FedEx, Barlow & Company, Thomson Locations: China, U.S, Beijing, Mexico, Canada
June 9 (Reuters) - The United States on Friday banned imports from China-based printer maker Ninestar Corp (002180.SZ) and a chemical company over alleged human rights abuses in China, according to a post for the Federal Register. DHS said the actions were taken as part of the U.S. Uyghur Forced Labor Protection Act (UFLPA), which was signed into law in December 2021. The act prohibits imports into the U.S. that are either produced in Xinjiang or by companies identified on an UFLPA Entity List, unless the importer can prove the goods were not produced with forced labor. “The Forced Labor Enforcement Task Force will continue to hold companies accountable for perpetuating human rights violations in Xinjiang,” DHS Under Secretary for Policy Robert Silvers, who chairs the task force, said in a statement. Reporting by Karen Freifeld; Editing by Doina Chiacu, Sharon Singleton and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Ninestar, Robert Silvers, Karen Freifeld, Doina Chiacu, Sharon Singleton, Jonathan Oatis Organizations: Ninestar, Federal Register, Zhongtai Chemical Co, U.S . Department of Homeland Security, DHS, Uyghur, Labor, Task Force, Thomson Locations: United States, China, China's, Xinjiang, U.S, Zhuhai
Investors trimmed their exposure to China amid economic uncertainty in the country, rising geopolitical tensions and Beijing’s crackdown on international consulting firms. The Nasdaq Golden Dragon China Index has lost more than 5% since April 18. Another concern for global investors is the country’s “fundamental investability,” he said, referring to geopolitical and Chinese policy risks. Ontario Teachers’ Pension Plan, one of the world’s largest pension funds, has closed its Hong Kong-based China equity investment team. “The more cracks appear in Western economies,” the more global investors will need to put money into Chinese assets, he added.
Hulton Archive/Getty Images Burnett peeks at a portrait of herself that was being painted by artist Dmitri Vails in 1963. CBS/Getty Images Burnett interacts with the audience of her new variety show, "The Carol Burnett Show," in 1967. CBS/Getty Images Burnett, left, and Cher perform a skit on "The Sonny & Cher Comedy Hour" in 1972. CBS/Getty Images Burnett poses with her memoir "One More Time" at a book signing in Beverly Hills, California, in 1986. Will Hart/NBC/Getty Images Carol Burnett Square was unveiled in Los Angeles in front of her alma mater, Hollywood High School, in 2013.
Ma is seen as a symbol of China’s tech industry and a barometer of the Chinese government’s support for private business. Alibaba’s restructuring is “part of [Beijing’s] strategy to shore up confidence in the private sector,” said Hong Hao, chief economist for Grow Investment Group. “[Alibaba’s restructuring plan] offers a way to limit monopoly power and platform sway,” Hong said. Unlocking valueInvestors and analysts have cheered Alibaba’s restructuring. Alibaba’s business will be split into six units: domestic e-commerce, international e-commerce, cloud computing, local services, logistics, and media and entertainment.
TikTok’s algorithms, which keep users glued to the app, are believed to be key to its success. The intended sale of TikTok in 2020 to Oracle and Walmart hit a snag after Beijing added algorithms to its export control list. Under the plans, known as Project Texas, the US government and third-party companies such as Oracle would also have some degree of oversight of TikTok’s data practices. But that hasn’t reassured US officials, likely because no matter what TikTok does internally, China would still theoretically have leverage over TikTok’s Chinese owners. But, he believes Beijing would ultimately prefer for TikTok leave the US market rather than surrender its algorithm.
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