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☆ TikTok's CEO is feeling the pressure and users are freaking out
▼ + stars: | 2024-04-24 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

TikTok's CEO is calling its users to action to support the app against US lawmakers seeking a ban. President Biden signed a bill that forces TikTok to be sold to an American company or face a ban. Users are freaking out over potentially losing access to their favorite app. AdvertisementTikTok CEO Shou Chew has issued a rallying cry to users that the company plans to fight a possible US ban. "Make no mistake, this is a ban," Chew said in the video.

Persons: Biden, TikTok, —, Shou Chew, Joe Biden, Chew Organizations: Service, US, Joe Biden Wednesday Locations: American

☆ Analysis: Xi signals shift in tone for China on US – but can it last?
▼ + stars: | 2023-11-16 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

This reversal comes as China grapples with a troubled economy and is keen to highlight Xi as a powerful and capable world leader. Xi’s opticsOn Chinese state media and across social media platforms, where the hashtag #Planet-Earth-Is-Big-Enough-For-Both-China-And-The-US was trending, the broad perception appeared to be of a job well done. The positive coverage of the event was a break from the typical rhetoric critical of the US that often plays across Chinese state and social media. US President Joe Biden and Chinese leader Xi Jinping walk together during their bilateral meeting. “China will eventually achieve reunification, and will inevitably achieve reunification,” Xi was quoted as saying — another line that was also trending on Chinese social media following the meeting.

Persons: Xi Jinping, Joe Biden, Biden, ”, Antony Blinken, Mao Ning, It’s, Xi, “, Xi’s, Alfred Wu, Lee, Wang Yi, Wang, ” Wang, ” Xi, Tim Cook, Elon Musk, Brendan Smialowski, Liu Dongshu, Biden’s Organizations: Hong Kong CNN, Foreign Ministry, Lee Kuan Yew, of Public Policy, China’s, Economic Cooperation, Apple, Tesla, Getty, Communist Party, Beijing, City University of Hong Locations: China, Hong Kong, United States, Beijing, Washington, Bay, San Francisco Bay Area, Taiwan, Singapore, California, America, Asia, AFP, City University of Hong Kong

☆ US-China chip war nixes Alibaba’s plan to spin out cloud business
▼ + stars: | 2023-11-16 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

London CNN —Alibaba has called off plans to spin off its cloud computing arm, saying recent tightening of US controls on chip exports to China has created “uncertainties” for the division’s prospects. “We will focus on developing a sustainable growth model for Cloud Intelligence Group under the fluid circumstances,” the company said. And days after the announcement of the latest US chip restrictions, Beijing unveiled plans to restrict exports of graphite, a mineral required to make batteries for electric vehicles. Alibaba’s revenues for the June-to-September quarter climbed 9% on the previous year to 224.8 billion renminbi ($31 billion). Net profit was 26.7 billion renminbi ($3.7 billion), compared with a net loss previously, due to an increase in the value of the group’s equity investments.

Persons: London CNN — Alibaba, Xi Jinping, Joe Biden, BABA, ”, Xi, ” Biden, Biden, Tim Cook, Tesla, Elon, ” Xi, Jack Ma Organizations: London CNN, Cloud Intelligence Group, Alibaba’s, Biden Wednesday, San, Apple Locations: China, United States, Beijing, San Francisco, Hong Kong

☆ Alibaba stock drops as chip war nixes its plan to spin out cloud business
▼ + stars: | 2023-11-16 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

London CNN —Alibaba has dropped plans to spin off its cloud computing arm, sending its stock tumbling, because of US controls on chip exports to China which the company said had created “uncertainties” for the division’s prospects. “We will focus on developing a sustainable growth model for Cloud Intelligence Group under the fluid circumstances,” the company said. During talks with Biden Wednesday, Xi described the restrictions as “technological containment,” according to a senior US official. Biden said in response that the United States is not going to provide technology to China that could be used against it by the Chinese military. Alibaba’s revenues for the June-to-September quarter climbed 9% on the previous year to 224.8 billion renminbi ($31 billion).

Persons: London CNN — Alibaba, Xi Jinping, Joe Biden, BABA, ”, Xi, Biden, Tim Cook, Tesla, Elon, ” Xi, Jack Ma Organizations: London CNN, Cloud Intelligence Group, Biden Wednesday, US, San, Apple Locations: China, London, Hong Kong, United States, Beijing, San Francisco

☆ Biden: Israel-Hamas war must end with vision for a 'two-state solution'
▼ + stars: | 2023-10-25 | by ( Emma Kinery | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden addresses a joint press conference with Australia’s Prime Minister Anthony Albanese in the Rose Garden at the White House in Washington, U.S., Oct. 25, 2023. WASHINGTON — President Joe Biden Wednesday stressed the United States believes the conflict between Israel and Hamas must end with a vision of a "two-state solution." "It also means, when this crisis is over there has to be a vision of what comes next, and, in our view, it has to be a two-state solution." Achieving this, Biden said, means "a concentrated effort for all the parties — Israelis, Palestinians, regional partners, global leaders — to put us on a path toward peace." Biden spoke in the White House Rose Garden, standing beside Australian Prime Minister Anthony Albanese at a press conference after their bilateral meeting Wednesday afternoon, and ahead of a state dinner.

Persons: Joe Biden, Anthony Albanese, Biden, — Organizations: Australia’s, White, WASHINGTON, Australian Locations: Washington , U.S, United States, Israel

The appearance with McConnell, R-Ky., and other regional leaders from both parties Wednesday signals a dual focus for a White House aiming to stay above the political fray in 2023. But the bipartisan infrastructure law will be front and center as the White House says 20,000 new projects funded by the law will be underway in the year ahead. On Thursday, White House infrastructure coordinator Mitch Landrieu will visit San Francisco, one week after outgoing House Speaker Nancy Pelosi announced that the city’s iconic Golden Gate Bridge will undergo a $400 million retrofit funded by the law. “I’ve never been more optimistic about America in my whole career,” Biden said during an appearance on ABC’s New Year’s Eve special. When asked Friday about whether the 2024 election has come up in discussions this week, Biden quipped: “There’s an election coming up?"

☆ Child on bus of migrants from Texas hospitalized for dehydration, officials say
▼ + stars: | 2022-11-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Rebecca-Shabad-Circle-Byline-Template.Jpg | Rebecca Shabad | ) www.nbcnews.com time to read: +4 min

Philadelphia officials lashed out at Texas Gov. Greg Abbott on Wednesday after a 10-year-old girl who arrived in Philadelphia on a bus of migrants from Texas was hospitalized with dehydration and a fever. The busload included 28 people in total, including 23 adults and five children, Philadelphia officials said at a press conference Wednesday. "This information was confirmed late yesterday without coordination or warning by Texas Governor Greg Abbott’s office through a press release," Kenney said at the press conference held by city officials. In recent months, Abbott has repeatedly sent migrants on buses from Texas to other major cities, including New York and Washington, D.C. Florida Gov.

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