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☆ Microsoft’s UAE deal could reportedly involve transfer of key U.S. chips and AI technology abroad
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: +3 min

U.S. officials have said that AI systems could pose national security risks, for example by making it easier to engineer chemical, biological and nuclear weapons. The Biden administration in October required the makers of the largest AI systems to share details about them with the U.S. government. Microsoft executives said the agreement has safeguards to protect Microsoft's technology and prevent it from being used by Chinese entities to train AI systems. The Commerce Department already requires notifications and, in several regions, export licenses to send AI chips abroad. Microsoft executives said the company welcomes a debate on a new legal framework governing the transfer of AI technology and that the deal with G42 requires the UAE firm to comply with U.S. regulations as they evolve.

Persons: Brad Smith, Smith, Biden, Michael McCaul, we're Organizations: Microsoft, United Arab, Reuters, U.S ., U.S . Department of Commerce, U.S . House, Commerce Department Locations: Madrid, Spain, United Arab Emirates, U.S, UAE

☆ China's military is surrounding Taiwan, sending its new president an unmistakable message
▼ + stars: | 2024-05-23 | by ( Ella Sherman | Chris Panella | ) www.businessinsider.com time to read: +6 min

Read previewThe Chinese armed forces began conducting large-scale military exercises around Taiwan on Thursday, just days after the island's newly elected president Lai Ching-te took office. Taiwan's defense ministry posted a video condemning Chinese actions, as well as showing the various locations around it where Chinese forces are operating. The CCP’s military exercises, which highlight its hegemony mindset, have undermined regional peace and stability. An outdoor screen shows a news coverage of China's military drills around Taiwan, in Beijing on May 23, 2024. Taiwanese soldiers stand guard as flares are fired during a Taiwanese military live-fire drill, after Beijing increased its military exercises near Taiwan, in Pingtung, Taiwan, 6 September 2022.

Persons: —, Lai Ching, It's Organizations: Service, Business, Coast Guard, Navy, ROC Armed Forces, 國防部 Ministry of National Defense Locations: Taiwan, China, Beijing, Taiwan's

☆ TikTok Moves to Limit Russian and Chinese Media’s Reach in Big Election Year
▼ + stars: | 2024-05-23 | by ( Sapna Maheshwari | ) www.nytimes.com time to read: +1 min

TikTok said on Thursday that it was introducing new measures to limit the spread of videos from state-affiliated media accounts, including Russian and Chinese outlets, as the company deflects criticism that it could be used as a propaganda tool in a major election year. The company in 2022 started labeling state-affiliated media accounts — like those from RT, the global Russian television network, and People’s Daily, the official newspaper of the Chinese Communist Party. Social media platforms, including Meta, YouTube and X, are grappling with misinformation in a year when as much as half the global population will vote in major elections. Political news on TikTok, which is owned by a Chinese company, ByteDance, is under particular scrutiny after the passage of a law that would force ByteDance to sell the company or face a ban in the United States. Lawmakers and intelligence officials have said TikTok is a threat to national security, partly because of how the Chinese government could use it to spread propaganda.

Persons: TikTok, ” TikTok, ByteDance Organizations: Chinese Communist Party, Social, Meta, YouTube, United States, Lawmakers Locations: Russian, United

☆ Opinion | The Real Danger if Trump Is Reelected
▼ + stars: | 2024-05-21 | by ( Jacob Heilbrunn | ) www.nytimes.com time to read: +2 min

Donald Trump may be regularly depicted as an impetuous toddler in chief, but he appears to possess genuine convictions about international relations. This impulse is not a new phenomenon for the United States; it dates back to World War I and World War II, when leading American conservatives praised foreign autocrats such as Kaiser Wilhelm II, Adolf Hitler, Benito Mussolini and Francisco Franco as their ideological comrades in arms. During his four years in office, Mr. Trump blustered about alliances and praised foreign dictators but never actually upended America’s foreign policy. That could change in a second Trump administration. It would convert America from a dominant economic and military power into what Mr. Trump purports to abhor — a global loser.

Persons: Donald Trump, Mikhail Gorbachev, Trump, Kaiser Wilhelm II, Adolf Hitler, Benito Mussolini, Francisco Franco, Trump’s Organizations: Playboy, Communist, America, NATO Locations: Soviet, United States

☆ Xi’s Warm Embrace of Putin in China Is a Defiance of the West
▼ + stars: | 2024-05-18 | by ( David Pierson | ) www.nytimes.com time to read: +1 min

Days after returning from a trip to Europe where he was lectured about the need to rein in Russia, China’s leader, Xi Jinping, used a summit with President Vladimir V. Putin to convey an uncomfortable reality to the West: His support for Mr. Putin remains steadfast. Mr. Xi’s talks with Mr. Putin this week were a show of solidarity between two autocrats battling Western pressure. The two leaders put out a lengthy statement that denounced what they saw as American interference and bullying and laid out their alignment on China’s claim to self-ruled Taiwan and Russia’s “legitimate security interests” in Ukraine. They pledged to expand economic and military ties, highlighted by Mr. Putin’s visit to a cutting-edge Chinese institute for defense research. Mr. Xi even initiated a cheek-to-cheek hug as he bade Mr. Putin farewell on Thursday after an evening stroll in the Chinese Communist Party leadership compound in Beijing.

Persons: Xi Jinping, Vladimir V, Putin, Xi’s, Mr, Russia’s, Putin’s, Xi Organizations: West, Chinese Communist Party Locations: Europe, Russia, Taiwan, Ukraine, Beijing

☆ Opinion | What Hillary Clinton Got Wrong About Student Protesters
▼ + stars: | 2024-05-17 | by ( Elizabeth Spiers | ) www.nytimes.com time to read: +2 min

Appearing last week on “Morning Joe,” Hillary Clinton lamented what she views as the ignorance of students protesting the war in Gaza. The host, Joe Scarborough, asked her about “the sort of radicalism that has mainstream students getting propaganda, whether it’s from their professors or from the Chinese Communist government through TikTok.” Ms. Clinton was happy to oblige. “I have had many conversations, as you have had, with a lot of young people over the last many months,” she said. I’ve also seen and heard the assumptions made about them by some of their elders — administrators, parents and others. In the current panic, the protesters are described as somehow both terribly fragile and such a threat to public safety that they need to be confronted by police officers in riot gear.

Persons: ” Hillary Clinton, Joe Scarborough, Ms, Clinton, “, ”, ” I’ve, I’ve, it’s, Ken Griffin, Bill Ackman, Donald Trump —, —, whiny ”, Mike Lawler, Mr, Lawler, Kaz Daughtry, Rousseau Organizations: Communist, New York, Republican, Columbia University, Columbia, Oxford University Locations: Gaza, TikTok, New, New York, U.S

☆ In Beijing, Xi and Putin left no question of their close alignment in a divided world
▼ + stars: | 2024-05-17 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +7 min

Putin’s two-day state visit comes as Western leaders have leant on Xi to ensure that soaring exports from his country aren’t propping up the Russian war effort – a claim Beijing denies. Putin also traveled to Beijing with top security officials who the Russian president said Thursday would join informal talks on Ukraine. Beijing, which says it is neutral on the war, has repeatedly defended its trade with Russia as part of normal bilateral relations. Xi, analysts say, is seeking to keep Putin as a close partner, while not stepping over Western red lines. For that reason, she added, “he’s okay with on-going dependency between Russia and China – and with inequality in this relationship.”

Persons: Xi Jinping, Vladimir Putin’s, Xi, Putin, Putin’s, Andrey Belousov, Sergey Shoigu, “ Putin, he’s, Kurt Volker, “, ”, Alexandra Prokopenko Organizations: Hong Kong CNN, United, –, Israel, Hamas, Russian, Russian Security, Chinese Communist Party, Chinese Foreign Ministry, Observers, CNN, Carnegie Russia Eurasia Center Locations: Hong Kong, Beijing, United States, Taiwan, Gaza, Russian, China, ”, Russia, North Korea, Ukraine, China’s Harbin, Siberia, Europe

☆ Congressman John Moolenaar on China tariff hike: This is simply 'leveling the playing field'
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCongressman John Moolenaar on China tariff hike: This is simply 'leveling the playing field'Congressmen John Moolenaar and Raja Krishnamoorthi join CNBC's 'Squawk Box' to discuss why the Biden administration's new China tariff hike should receive bipartisan support, how this move could protect American industries, why TikTok should not be controlled by the Chinese Communist Party, and more.

Persons: John Moolenaar, Raja Krishnamoorthi, Biden Organizations: Chinese Communist Party Locations: China

☆ Shein's U.S. charm offensive and IPO could hinge on NRF membership. So far, it's been rejected
▼ + stars: | 2024-05-13 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +9 min

Open to allIt's unclear why the NRF rejected Shein's membership application, but according to one of the people familiar, someone with sway is strongly against the company's admittance. The NRF's board has a leadership team and an executive committee. An NRF membership application form that can be found online states: "Companies principally engaged in retailing are eligible for membership in the Federation." Two of the board members said they weren't aware of any instances where the NRF denied a retailer membership. "I don't think they are in the business of turning anyone down," one of the board members told CNBC.

Persons: Scott Olson, Matthew Shay, Courtney Reagan, CNBC Steve Dennis, Neiman, Sears, Dennis, Shein, John Furner, Bob Eddy, Mike George, Brian Cornell, Tony Spring, wasn't, Wang Ying, Ashley Sanchez, Joscelin Flores, Allen J, They've, Temu, it's Organizations: Getty, National Retail Federation, CNBC, Neiman Marcus, New York Stock Exchange, Shay, Walmart U.S, BJ's Wholesale, Qurate, QVC, Federation, Brands, Publicis Groupe, Coresight, Xinhua News Agency, Forum, World Retail, Los Angeles Times, Chinese Communist Party Locations: Whitestown , Indiana, New York City, America, U.S, New York, United States, Hamburg, Germany, Los Angeles, Paris, Davos, Switzerland, Las Vegas, Shoptalk, Fontana, Ontario Mills, Ontario

☆ US Pacific bases and aircraft are wildly vulnerable to Chinese missile barrages that could overwhelm defenses, lawmakers warn
▼ + stars: | 2024-05-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewUS bases and aircraft in the Pacific are facing intense threat from Chinese missiles, and the Pentagon isn't doing enough to counter that challenge, according to American lawmakers. In a Wednesday letter to Air Force Secretary Frank Kendall and Navy Secretary Carlos Del Toro, 13 members of Congress pointed out glaring vulnerabilities in the Pacific region and demanded "immediate changes." A U.S. Air Force Rockwell B-1B Lancer (L) and a Boeing KC-135 Stratotanker (R) sit on the tarmac at Andersen Air Force base on August 17, 2017, in Yigo, Guam. Justin Sullivan/Getty ImagesIn the letter, lawmakers note that many of the US bases in the Pacific remain unhardened, leaving aircraft and assets vulnerable to missile strikes. Notably, none of the US shelters were in Guam — home to Andersen Air Force Base which routinely hosts American bombers.

Persons: —, Frank Kendall, Carlos Del Toro, John Moolenaar, Justin Sullivan, Tom Shugart, Timothy A, Walton, Andy Wong Organizations: Service, Pentagon, Air Force, Business, Department of Defense, Chinese Communist Party Rep, Commonwealth of, Pacific ., U.S . Air Force Rockwell, Boeing KC, Andersen Air Force, US, Center, New, New American Security, Hudson Institute, Andersen Air Force Base, American, People's Liberation Army Rocket Force, Lawmakers, Rocket Force, China's Locations: Pacific, China, Okinawa, Guam, Commonwealth, Northern Mariana, U.S, Yigo, New American, Shugart, Tiananmen, Beijing

☆ TikTok is taking the US government to court in a showdown of free speech vs. national security
▼ + stars: | 2024-05-08 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . And the knock-on effects extend beyond TikTok, impacting everything from President Joe Biden's reelection campaign to Apple and Tesla . AdvertisementTikTok, Tyler Le/BIThe TikTok-US government fight pits two pillars of American society against each other: free speech and national security. 3 things in businessDeliormanli/Getty, Olivier Verriest/Getty, Andrei Akushevich/Getty, Tyler Le/BIIn other newsAdvertisementWhat's happening todayToday's earnings: Airbnb, Uber, and other companies are reporting .

Persons: —, swiping, Tyler Le, ByteDance, Dan Whateley, Geoff Weiss, Joe Biden's, It'll, TikTok, hasn't, haven't, Fallon, Jane Fraser isn't, Fraser, Piper Sandler, Michael Kantrowitz, Josh Edelson, Isabel Fernandez, Mark Zuckerberg, Zuckerberg, Getty, Olivier Verriest, Andrei Akushevich, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Apple, Chinese Communist Party, Big Tech, Getty, Pujol, Associated Press, Facebook Locations: France, China, Beijing, Citadel, Millennium, AFP, New York, London

☆ TikTok is taking the US to court to stop its ban
▼ + stars: | 2024-05-07 | by ( Dan Whateley | Geoff Weiss | ) www.businessinsider.com time to read: +4 min

TikTok is suing the US government over its new law that forces a sale or ban of the app. AdvertisementTikTok promised to fight its ban in the US — and now the social-media giant has made it official. TikTok has denied both of these claims, and the US government has yet to present evidence that either action has occurred. Legal scholars told Business Insider that well-articulated First Amendment arguments tend to prevail in court, but Congress' national-security concerns could ultimately win out. Hans, an associate clinical professor of law at Cornell Law School and associate director of its First-Amendment clinic, told BI.

Persons: TikTok, —, ByteDance, Joe Biden, G.S, Hans, Matthew Schettenhelm, Schettenhelm Organizations: Service, Chinese Communist Party, Foreign, Business, Cornell Law School, Appeals, DC Circuit, Bloomberg Intelligence Locations: China, Russia, Beijing, India

☆ Apple's China sales in focus ahead of earnings
▼ + stars: | 2024-05-02 | by ( Kif Leswing | ) www.cnbc.com time to read: +5 min

In February, Apple said it expected sales similar to last year's $94.84 billion during the same period and flat iPhone sales. In the December quarter, sales dropped 13% in Greater China, which includes Hong Kong and Taiwan. Analysts polled by FactSet expect $15.25 billion in China regional sales, which would be a 14% year-over-year decline. "In strong iPhone cycles, Apple's China revenues typically grow much faster than Apple overall, as Chinese consumers embrace the new phone," Sacconaghi wrote. Meanwhile, state statistics show iPhone sales falling 33% in February, the second consecutive month of declining shipments.

Persons: Tim Cook, Deirdre O'Brien, Apple, AAPL, Bernstein, Toni Sacconaghi, Sacconaghi, David Vogt, Aaron Rakers, There's, Morgan Stanley, Erik Woodring, Woodring Organizations: Apple, Analysts, FactSet, Huawei, Chinese Communist Party, Counterpoint Research, UBS Locations: China, Greater China, Hong Kong, Taiwan, repurchases

☆ TikTok employees are reportedly being asked by US border patrol agents if they're part of the Chinese Communist Party
▼ + stars: | 2024-04-30 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

US border patrol agents have interrogated more than 30 ByteDance and TikTok employees, per Forbes. They're being asked about ties to the CCP, and the security of American user data. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS Customs and Border Protection (CBP) agents have interrogated more than 30 ByteDance and TikTok employees traveling to the US from China, according to a report by Forbes.

Persons: They're, Shou Zi Chew, — Organizations: Forbes, CCP, Service, Border Protection, Forbes . Employees, Chinese Communist Party, Business Locations: China

☆ Xi shakes up China’s military in rethink of how to ‘fight and win’ future wars
▼ + stars: | 2024-04-27 | by ( Nectar Gan | ) edition.cnn.com time to read: +8 min

Chinese leader Xi Jinping oversees the inauguration of the Information Support Force of the People's Liberation Army at a ceremony in Beijing on April 19, 2024. The Information Support Force will be led by top generals from the now-defunct SSF. These functions will now be supervised at his level and not through the Strategic Support Force, which served as a middleman,” Wuthnow said. Though US intelligence officials said the balloon was part of an extensive surveillance program run by the Chinese military, Xi may not have been aware of the mission. Chinese leader Xi Jinping has scrapped the People's Liberation Army's Strategic Support Force, a branch he founded in 2015.

Persons: Xi Jinping, Xi, ”, Wu Qian, SSF, Bi Yi, Li Wei, Ju Qiansheng, Joel Wuthnow, ” Wuthnow, Joe Biden, didn’t, Xinhua News Agency James Char, Char Organizations: Hong Kong CNN, Strategic Support Force, Support Force, PLA, China’s Defense, Aerospace Force, Cyberspace Force, Central Military Commission, Logistic Support Force, Information, Force, People's Liberation Army, Xinhua News, Information Support Force, Xinhua, Pentagon, National Defense University, Aerospace Systems Department, Network System Department, Xinhua News Agency, Rajaratnam, of International Studies, SSF’s Aerospace Systems Department, “, Communist Party, Taiwan Locations: China, Hong Kong, Beijing, Washington, United States, Singapore, Ukraine, Taiwan Strait, Taiwan

☆ The red flags that will tell us when China's actually ready to invade Taiwan
▼ + stars: | 2024-04-27 | by ( Chris Panella | ) www.businessinsider.com time to read: +12 min

"I don't think they lack for anything that they need," Lyle Goldstein, director of Asia engagement at Defense Priorities, said of China's forces. Military forces are being deployed nearer to Taiwan than ever, effectively shortening Taiwan's reaction time. Stockpiling of China's rocket force, too, suggests it would have more than enough missiles and rockets to target Taiwan. One common concern is that as China's military exercises around Taiwan have grown in frequency and size, the line between exercise and potential attack is becoming blurred. Xie Huanchi/Xinhua via Getty ImagesExperts, as well as US and Taiwan lawmakers and military officials, have long debated about the readiness of the People's Liberation Army as China's military is known.

Persons: —, Lyle Goldstein, Stringer China, Xi, Thomas Shugart, who's, Shugart, Goldstein, Mike Studeman, Xi Jinping, Dean Cheng, haven't, Cheng, Xie Huanchi, There's, Kyle Amonson, Dane Egli, Annabelle Chih, Getty Images Goldstein, Joe Biden Organizations: Service, Business, Defense, REUTERS, Taiwan's, Taiwan's Ministry of Defense, US Department of Defense, China Economic, Security, PLA, Patriot, US, Center, New, New American Security, Marine Corps, China Coast Guard, Scarborough, ROSA, Military, of Naval Intelligence, Pacific Command, US Institute of Peace, of, People, Getty Images, People's Liberation Army, CCP, Soviet, Center for Strategic, International Studies, Japan, US Coast Guard, Chinese Communist Party, Democratic Progressive Party, Kyodo, Stills Locations: China, Taiwan, Asia, Liaoning, Beijing, New American, AFP, Hong Kong, Xinhua, DoD's China, Cuba, US, Tainan, Japan, Philippines

☆ TikTok creators fear for their livelihoods after U.S. lawmakers pass bill that could lead to ban
▼ + stars: | 2024-04-24 | by ( Zach Vallese | ) www.cnbc.com time to read: +7 min

"TikTok allows small businesses and creators to find their people in their community," Nichols told CNBC, ahead of the bill's signing. watch nowNichols joined a number of other TikTok creators in traveling to the Capitol to oppose a potential ban. TikTok creators and influencers, living far out of the realm of politics, have a very different concern. Tony Youn, a plastic surgeon with 8.4 million TikTok followers, said finding a big audience is difficult. WATCH: Senator Markwayne Mullin talks passage of Tiktok ban

Persons: Craig Hudson, Ophelia Nichols, Nichols, Biden, TikTok didn't, Shou Zi Chew, TikTok, Markwayne Mullin, CNBC's, Mullin, they'll, Zi Chew, Sen, John Fetterman, Anna Moneymaker, livestreams, Adam Mosseri, Tony Youn, Youn Organizations: Foreign, Capitol, Washington , D.C, CNBC, Oxford, TikTok, America Survey, Lawmakers, Communist Party, Russell Senate, ByteDance, Getty, YouTube, Meta, Facebook Locations: Washington , U.S, Alabama, Washington ,, Israel, Ukraine, Taiwan, It's, American, U.S, TikTok, United States

☆ The TikTok divest-or-ban bill is a First Amendment disaster, but it may still stand up in court
▼ + stars: | 2024-04-24 | by ( Dan Whateley | ) www.businessinsider.com time to read: +6 min

Maybe…Earlier attempts to ban or force a sale of TikTok often haven't stood up in court. Other parties, like TikTok creators, may launch separate legal challenges in the coming weeks, as they have done in the past. AdvertisementTrump's 2020 order to ban TikTok was halted by a federal judge who said it likely exceeded executive authority. While the bill is framed around forcing US ownership of TikTok, it's likely to result in a ban, which strengthens the free-speech argument. Congress hasn't proven that an outright sale or ban of TikTok is the only way to protect national-security interests.

Persons: Joe Biden, ByteDance, TikTok, haven't, TikTokers, Matthew Schettenhelm, Hans, Lena Shapiro, Ramya Krishnan Organizations: Service, Business, ACLU, Bloomberg Intelligence, Cornell Law School, TikTok, University of Illinois College of Law, Chinese Communist Party, Intelligence Law, CCP, Columbia University Locations: Montana, Texas, Washington, China

The top US diplomat landed in Shanghai where he is expected to meet local officials and business leaders, and he will then travel to Beijing for meetings with senior Chinese officials. “We are in a different place than we were a year ago when the bilateral relationship was at an historic low point,” a senior State Department official said. “Russia is no longer kind of on its back foot,” a second senior State Department official said. Blinken will make the case that China should weigh in “more directly” with Iran to be less provocative in the region, the second senior State Department official said. “In both cases the Chinese have taken some early steps,” said the second senior State Department official, adding that there is still “much more” that needs to be done on both fronts.

Persons: Antony Blinken, Joe Biden, Xi Jinping, Janet Yellen, Biden, Xi, ”, “, ” Blinken, Matthew Miller, Leah Millis, China’s, ” Xi, Blinken, ” Miller, it’s, Mark Swidan, Kai Li, David Lin Organizations: CNN, State Department, Ukraine, US, Foreign Ministry, of, People, Biden, Chinese Foreign Ministry, ASEAN, Association of Southeast Asian Nations, Beijing, Party, Taiwan, Communist, Taiwan Relations, White Locations: China, Ukraine, Shanghai, Beijing, California, Russia, Moscow, Italy, “ Russia, ”, Europe, United States, South China, Philippine, Washington, Philippines, South, Taiwan, Taiwan Strait, East, Iran

☆ Read the full memo TikTok sent to staff as Congress stepped up its ban threat: 'This is the beginning, not the end'
▼ + stars: | 2024-04-22 | by ( Dan Whateley | ) www.businessinsider.com time to read: +4 min

"We'll continue to fight, as this legislation is a clear violation of the First Amendment rights of the 170 million Americans on TikTok." This divest-or-ban bill is the culmination of years of political attacks on TikTok. Trump, Biden, Congress, and even the state of Montana have unsuccessfully pushed to divest or ban TikTok from its China-based owner ByteDance. Latest UpdateToday (Saturday, April 20), the bill has passed the House and is expected to pass the Senate by early next week. Are you a TikTok or ByteDance employee with insight to share?

Persons: Michael Beckerman, Beckerman, We'll, TikTok, Trump, ByteDance, Biden, Dan Whateley Organizations: Business, TikTok, Chinese Communist Party, Biden, Congress, Foreign, Republican, Wednesday's Global Locations: Washington, Americas, China, Montana, Ukraine, Israel, Taiwan, dwhateley@businessinsider.com

☆ A major headwind for TikTok could be the ultimate tailwind for Meta's Facebook and Instagram
▼ + stars: | 2024-04-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

META mountain 2022-11-03 Meta's stock performance since Nov. 3, 2022, which marked its lowest close during its dramatic sell-off that year. In a recent Wedbush consumer survey, 60% of TikTok users who responded said either Facebook or Instagram were their top alternatives if TikTok were to be banned. That was followed by 19% of TikTok users who said they would go to YouTube. Meanwhile, Deutsche Bank said Meta's stock could see more upside in light of a potential TikTok ban. After initially being a drag on revenue, Meta has said Reels is now a positive contributor across its apps.

Persons: Jim, Joe Biden, ByteDance, Shou Zi Chew, TikTok, –, FactSet, monetization, Philipp Schindler, We'll, Jim Cramer's, Jim Cramer, Avishek Das Organizations: Facebook, Chinese Communist Party, CNBC, Street, Meta, YouTube, Google, Wedbush Securities, Deutsche Bank, Getty Locations: U.S, Washington, Ukraine, Israel, Taiwan, China

☆ China sees foreign threats ‘everywhere’ as powerful spy agency takes center stage
▼ + stars: | 2024-04-21 | by ( Nectar Gan | ) edition.cnn.com time to read: +16 min

But among the crowds you and I together are protecting national security,” the narrator concludes. Chinese soldiers look at a poster promoting national security in the southwestern city of Beihai on National Security Education Day on April 15, 2024. CFOTO/Future Publishing/Getty ImagesAccording to the MSS, foreign spies are omnipresent and infiltrating everything – from mapping apps to weather stations. But China’s spy agency has gradually stepped out of the shadows as Xi makes national security a key priority. “Shenyin Special Investigation Squad” is a comic series based on real-life counterespionage operations, according to China's spy agency.

Persons: –, “, ”, Xi, Xuezhi Guo, Sheena Chestnut Greitens, Xi Jinping, Greg Baker, Mao Zedong, Greitens, Chen Yixin, Chen, “ Chen, ” Greitens, Xi –, denigrate, Bain, Alex Plavevski, Guo, influencers, China’s, can’t, James Zimmerman, Perkins Coie, Zimmerman, ” Zimmerman Organizations: Hong Kong CNN, National Security Education, “, Ministry of State Security, National Security, Publishing, CIA, National, Education, Capitol, Guilford College, Asia, University of Texas, Getty, Communist Party, FBI, National Security Propaganda, CCTV, Ministry of State, China’s National Security Commission, Group, China Development Forum, Perkins Coie LLP, ”, MSS Locations: China, Hong Kong, Beihai, British, American, Beijing, Austin, AFP, Zhejiang province, Shanghai, New York, overreaching

☆ Taiwan to discuss new funding with U.S. as Chinese warplanes get close to island
▼ + stars: | 2024-04-21 | by ( ) www.cnbc.com time to read: +3 min

The United States is Taiwan's most important international supporter and arms supplier despite the absence of formal diplomatic ties. Democratically governed Taiwan has faced increased military pressure from China, which views the island as its own territory. Taiwan has previously reported Chinese military aircraft getting close to but not entering the contiguous zone. On Saturday, Taiwan's defence ministry said China had again carried out "joint combat readiness patrols" with Chinese warships and warplanes around Taiwan. China's defence ministry did not answer calls seeking comment outside of office hours on Sunday.

Persons: Ceng Shou Yi, Wang Ting Organizations: Getty, Taipei, U.S . House, Democratic Progressive Party Locations: China, Pingtung county, Taiwan, Taipei, Japan, Canada, India, Beijing, United States, Ukraine, Israel, U.S, Russian, Taiwan Strait, Taiwan's

☆ Microsoft invests $1.5 billion in AI firm G42 which faces U.S. scrutiny for China ties
▼ + stars: | 2024-04-16 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

G42 will run its AI applications and services on the Microsoft Azure cloud service, as well as deploy Microsoft's cloud offerings. The U.S. and UAE governments appeared to be heavily involved in the deal. "Both companies will move forward with a commitment to comply with U.S. and international trade, security, responsible AI, and business integrity laws and regulations," Microsoft said. Gallagher alleges that G42 maintains relationship with blacklisted Chinese firms, such as Huawei, and that it works with China's military and intelligence services. G42 itself has reportedly invested in Chinese firms, including TikTok owner ByteDance.

Persons: Brad Smith, Sheikh Tahnoon bin Zayed Al Nahya, Mike Gallagher, Gallagher, ByteDance Organizations: Microsoft, United Arab, U.S, UAE, U.S ., Chinese Communist Party, Commerce Department, Huawei Locations: Bellevue , Washington, United Arab Emirates, U.S, UAE, China

☆ China is sending its highest-level delegation to North Korea since 2019 to kick off a ‘friendship year’
▼ + stars: | 2024-04-10 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +7 min

The three-day visit, at North Korea’s invitation, shows the “great importance” China attaches to those relations, a Chinese Foreign Ministry spokesperson said. The delegation will also arrive amid heightened global concern about North Korea, which has in recent months ramped up its bellicose rhetoric and continued its weapons testing. The trip could also be an important opportunity for the upper echelons of China’s political establishment to better understand the circumstances in North Korea today. Balance of powerChina has long walked a thin line in its relations with North Korea. It is a critical economic lifeline for a North Korea crippled by international sanctions over its illegal weapons testing.

Persons: Zhao Leji, ”, KCNA, Zhao, Xi Jinping, China’s, Joe Biden, Fumio Kishida, Kishida, Li Qiang, Liu Dongshu, …, ” Liu, Kim, Li Mingjiang, Vladimir Putin, Yun Sun Organizations: Hong Kong CNN — China’s, Beijing, Foreign Ministry, Japanese, CNN, Communist, North Korea –, Hong Kong’s City University, North, Singapore’s Nanyang Technological University, “, United Nations Security, Stimson Locations: China, Hong Kong, North Korea, Pyongyang, Beijing, Moscow, United States, North, Japan, South Korea, Ukraine, Asia, Washington, Philippines, Russia, North Korean, Covid, Pacific, American

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