DIRS.INFO The most relevant business & tech news

☆ Taiwan says Chinese blockade would be act of war after ‘Joint Sword-2024B’ military drills
▼ + stars: | 2024-10-23 | by ( Story Reuters | ) edition.cnn.com time to read: +4 min

China’s latest war games around the island, carried out last week, included simulating blockading key ports and areas, and assaulting maritime and ground targets, Beijing said. “The international community could not sit by and just watch.”While those war games last only a day, Chinese military activity has continued. This screen grab from a video released by the Taiwan Coast Guard shows a China Coast Guard boat from a Taiwan Coast Guard boat as it passes near the coast of Matsu islands, Taiwan on Monday, Oct. 14, 2024. The Liaoning was involved in those same Chinese war games last week near Taiwan. Taiwan and the United States dispute that, saying the Taiwan Strait is an international waterway.

Persons: Wellington Koo, China’s, Koo, ”, “ Organizations: Taiwan Reuters, Defense, Nations, Taiwan Coast Guard, China Coast Guard, AP Carrier, Taiwan’s Defense, China’s Defense Ministry, US Navy Locations: Taipei, Taiwan, China, Beijing, Taiwan Strait, Matsu, Liaoning, South China, Japan, United States, Canada, Germany, Britain

☆ The origins of bubble tea, one of Taiwan’s most beloved beverages
▼ + stars: | 2024-10-21 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +11 min

It all started with foam teaInvented in the 1980s, bubble tea (also called “black pearl tea” or “boba tea”) is a beloved Taiwan classic. Lin Hsiu Hui, product manager at bubble tea chain Chun Shui Tang, said she created the very first glass of bubble milk tea at a staff meeting in 1988. Bubble tea chain Easy Way argued in a press conference, “Why don’t you ask people to skip drinking Coke instead?”The saga was dubbed the “bubble tea for arms” incident by local media. Bubble tea 2.0Bubbleology founder Assad Khan says his first bubble tea experience was 'love at first sip.' But no matter how funky you get with the recipe, the soul of a good bubble tea has always been, well, the tea.

Persons: that’s, Simu Liu, Canadian Liu, “, it’s, Chang Fan Shu, yao, shou yao, ”, Tseng, Tsang, Tu Tsong, – Tu, Tu, ” Tu, Lin Hsiu Hui, Tang, ” Lin, Chun, Chun Shui Tang, boba ”, Amy Yip’s, Assad Khan, ” Khan, Bubbleology, It’s Organizations: CNN, Marvel, CBC, Chun, CNN Travel, Chun Shui Tang, hawker, Defense Ministry Locations: Hong Kong, Canada, Quebec, Canadian, Taiwan, ”, Tainan, Hanlin, United States, China, Assam, hawker, Asia, British, Chinatown, New York, Lankan

☆ SEAL Team 6 is said to be training for a fight with China over Taiwan. Here's what it could do if Beijing invades.
▼ + stars: | 2024-10-19 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +6 min

SEAL Team 6 is reportedly readying for a potential Chinese invasion of Taiwan. AdvertisementCould SEAL Team 6 special operators help Taiwan fend off a Chinese invasion? Related storiesThe Naval Special Warfare Development Group (DEVGRU), formerly known as SEAL Team 6, is the Navy's top-tier special operations outfit. SEAL Team 6 represents the cream of the crop of the SEAL community. And the direct support personnel serving with the unit will often have passed, depending on their role, Green Team, SEAL Team 6's physically and technically rigorous selection process.

Persons: —, DEVGRU, Richard Phillips, Osama bin Laden, Katie Cox Organizations: Service, Financial Times, Navy, Warfare Development, Army's Delta Force, DEVGRU, Maersk, U.S . Navy, Navy SEALs, 75th Ranger Regiment, Big Navy, Strategic, Navy SEAL, SEAL, Green Team Locations: Taiwan, Beijing, China, Maersk Alabama, Somali

☆ Intel is seeking an investor for a stake in its Altera chip unit, CNBC reports
▼ + stars: | 2024-10-18 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Intel is looking for an investor to acquire a stake in its Altera subsidiary, CNBC reported. Intel is facing challenges in its business at a time when the US is seeking to revitalize its chip industry. AdvertisementTech giant Intel is seeking an investor for a stake in its Altera subsidiary, CNBC reported late Thursday, citing people familiar with the matter. The news comes as US chip giant Intel faces troubles just as Washington is seeking to revitalize the country's chip industry for national security reasons. Dutch equipment maker ASML and Taiwanese chip giant TSMC both reported quarterly earnings that showed AI chip growth in the short to medium term.

Persons: —, Joe Biden, Biden, Pat Gelsinger, Gelsinger Organizations: Intel, CNBC, Service, Tech, Street, Qualcomm, Business Insider Locations: Altera, Washington

☆ What the roller coaster earnings at ASML and TSMC tell us about demand for AI chips
▼ + stars: | 2024-10-17 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

Analysts told BI it points to continued AI chip growth in the short to medium term. ASML sells large lithography machines — which print circuit patterns onto silicon wafers — to chip manufacturers, including TSMC, Samsung, and Intel. Its customers include Nvidia, the GPU designer spearheading the AI chip boom, along with AMD and Qualcomm. This makes TSMC a good bellwether for AI chip demand. While a slowdown at ASML might suggest some caution, the bigger picture still points to a continued surge in AI demand.

Persons: TSMC, —, Javier Correonero, Dan Hutcheson, TechInsights, It's, Correonero, TSMC's, CC Wei, Gokul Hariharan, Kate Leaman, Leaman Organizations: Service, Taiwan Semiconductor Manufacturing Company, TSMC, Samsung, Intel, Morningstar, Nvidia, AMD, Qualcomm, Taiwan, Broadcom, Reuters, CC, JPMorgan

☆ China won't renounce use of force over Taiwan; Xi visits frontline island
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: +1 min

China will never commit to renouncing the use of force over Taiwan, the government in Beijing said on Wednesday after another bout of war games and a visit by Chinese President Xi Jinping to the scene of a famous defeat for Taiwanese forces. China will never commit to renouncing the use of force over Taiwan, the government in Beijing said on Wednesday after another bout of war games and a visit by Chinese President Xi Jinping to the scene of a famous defeat for Taiwanese forces. China, which views democratically governed Taiwan as its own territory, staged a day of large-scale drills around the island on Monday that it said were a warning to "separatist acts" following last week's national day speech by Taiwan President Lai Ching-te. "But we will never commit ourselves to renouncing the use of force," he said. Taiwan has close though unofficial relations with the United States, a major arms supplier, and its allies.

Persons: Xi Jinping, Lai Ching, Chen Binhua, Chen Organizations: Taiwan Affairs Office, Taiwan Locations: China, Taiwan, Beijing, United States

☆ Chip giant TSMC reports blockbuster results even as questions over AI mania loom
▼ + stars: | 2024-10-17 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

TSMC's growth was driven by strong demand for artificial intelligence technology. But the market is questioning whether the euphoria over AI and AI chips is sustainable. AdvertisementChip giant Taiwan Semiconductor Manufacturing Company just reported strong growth, thanks to continued enthusiasm for artificial intelligence — even amid persistent questions over the return on investment from the technology. The Taiwanese company's blockbuster results came after Dutch chip equipment maker ASML — a supplier to TSMC — reported guidance on Tuesday that disappointed investors and triggered a sell-off in chip stocks. But it doesn't mean AI demand is fizzling.

Persons: —, LSEG, TSMC —, Wei, Goldman Sachs, Christophe Fouquet, Roger Dassen, ASML, Dassen, Andy Li, Li Organizations: Taiwan Semiconductor Manufacturing Company, Service, Taiwan, Nvidia, New York Stock Exchange, ASML Locations: Taiwan, Dutch, China

☆ TSMC third-quarter profit beats expectations as AI boom drives 54% hike
▼ + stars: | 2024-10-17 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

An image of a semiconductor wafer at the Taiwan Semiconductor Manufacturing Museum of Innovation in Hsinchu, Taiwan, on Jan. 11, 2022. Taiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit, as global chipmakers continue to benefit from demand boosted by AI applications. The company's net income was 352.3 billion Taiwanese dollars ($10.1 billion) over the July-September quarter, surpassing an LSEG estimate of $300.2 billion Taiwanese dollars cited by Reuters. Capital expenditure edged higher to $6.4 billion in the third quarter, versus $6.36 billion across the three preceding months. TSMC's earnings beat comes the same week as Netherlands-based ASML , which supplies machines to the Taiwanese company, issued a lower-than-expected forecast of net sales, sending shares tumbling.

Organizations: Taiwan Semiconductor Manufacturing, Innovation, Taiwan Semiconductor Manufacturing Company, Reuters, TSMC, Apple, Nvidia Locations: Hsinchu, Taiwan, Netherlands

☆ Netflix airing NFL games on Christmas will be the streaming giant's biggest test for its next area of growth
▼ + stars: | 2024-10-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 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 . In today's big story, Netflix's earnings report comes as Wall Street wonders if the king of streaming can keep its crown . Business Insider's Lucia Moses outlined investors' key questions about Netflix ahead of its third-quarter earnings call this afternoon. The NFL is coming to the streamer this Christmas, with Netflix showing two games on the holiday.

Persons: —, Leapmoter, Chelsea Jia Feng, Business Insider's Lucia Moses, Alain Tascan, Jamie Squire, — Peacock, BI's Peter Kafka, There's, Patrick Mahomes, Lamar Jackson, Mike Kemp, Louis Vuitton, Christian Dior, iStock, Rebecca Zisser, Harris, Elon Musk's, Elon, Tyler Le, it's, Amy Powell, El, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, EV, Netflix, Epic Games, NFL, NBA, Getty, Louis, BI, Trump, House, SpaceX, Elon Musk's, California Coastal Commission, Paramount, NATO Locations: Europe, Swedish, California, Hollywood, El Mayo, Sinaloa, New York, London

☆ She felt trapped in her corporate job in NYC, so she quit and moved to South Korea. Now, she lives alone in a $640-a-month loft.
▼ + stars: | 2024-10-16 | by ( Amanda Goh | ) www.businessinsider.com time to read: +7 min

Chen Teng left her corporate job in New York to move to South Korea in 2016. Now, she lives in a cozy loft and pays 870,000 Korean won, or $640, for rent each month. AdvertisementFeeling trapped at her digital marketing job in corporate America, Chen Teng made a spur-of-the-moment decision to quit and move to a different country. Related storiesHer budget was 10 million Korean won for her deposit, and then under 900,000 won a month for rent. Her rent is 870,000 Korean won, or $640, each month, and Teng paid a deposit of 10 million Korean won for the apartment.

Persons: Chen Teng, —, Teng, weren't, There's, I'm, nothing's, I've Organizations: Service, Yorker, Seoul — Locations: New York, South Korea, Seoul, America, Asia, Korea, Mok, Korean, Brooklyn, Manhattan —, Zillow, New York City

☆ Taiwan says Chinese military sent a record 153 planes toward island during war games
▼ + stars: | 2024-10-15 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

TAIPEI, Taiwan — Taiwan’s defense ministry on Tuesday detailed the surge in Chinese warplane activity around the island during war games the previous day, saying it had detected a record 153 Chinese military aircraft. In its daily update on Chinese military activity around the island in the previous 24 hours, Taiwan’s defense ministry said it had spotted 153 Chinese military aircraft, updating a figure given on Monday evening of 125 which it had already said was a record high for a single day. There were also 14 Chinese navy ships and 12 “official ships” — which refers to the coast guard and other military-adjacent vessels — spotted, the ministry said. Speaking to reporters in Taipei, Premier Cho Jung-tai said the drills were not just a Taiwan issue. “Any drills without prior warning will cause great disturbance to peace and stability in the entire region,” he said.

Persons: ”, Lai Ching, Cho Jung, “ Locations: TAIPEI, Taiwan, China, Beijing, Taiwan Strait, South China, Taipei

☆ From solitary confinement in China to self-exile in Taiwan: Inside a Hong Kong bookshop owner's fight to keep the free press alive
▼ + stars: | 2024-10-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +11 min

AdvertisementThe acute lack of customers was somewhat surprising, given that Causeway Bay Books is pretty well-known. It all started in Hong KongFor 20 years, Lam founded and managed the original bookstore in Hong Kong — set up in and named after a vibrant district on Hong Kong Island. But the people who go to Causeway Bay Books — whose mainstays are books on politics and history — know what they are looking for. You shouldn't call it Hong Kong but Chinese Hong Kong," Lam said. Although he still misses Hong Kong from time to time, he says it's no longer the place he once knew.

Persons: kee, Lam, —, Hong Kong —, Kongers, Xi Jinping's, Ben Cheng, Huileng Tan, Hong Kongers, Taipei —, Wang, boisterously, Hong, China —, Hong Kong's, Zero, Peter Parks, Cheng, it's Organizations: Chinese Communist Party, Service, Taiwan Beer, Congressional, Commission, Taiwan, Fo Guang, New Taiwan, Hong Kongers, National Taiwan Normal University Locations: Lam, Hong Kong, Taipei, Taiwan, China, Beijing, Fo Guang University, Hong, America, AFP

☆ A record-breaking 153 Chinese warplanes flew around Taiwan in war games meant as a warning
▼ + stars: | 2024-10-15 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

AdvertisementA record number of Chinese military aircraft flew around Taiwan during large-scale war games on Monday, new data from the nation's defense ministry shows. The drills, called "Joint Sword-2024B," involved joint forces simulating surrounding Taiwan, blockading ports, striking targets, and executing assaults. A map from the Taiwanese Ministry of Defense shows the areas of Chinese aircraft operations around the main island of Taiwan. Taiwan's Ministry of DefenseEarlier Monday, Taiwan's defense ministry reported 125 Chinese aircraft sorties conducted by 72 aircraft, with 57 entering the de facto ADIZ. The Chinese military called the drills a "stern warning."

Persons: Taiwan's, —, Lai Ching, Li Xi, GREG BAKER Organizations: Service, Taiwan's Ministry of Defense, People's Liberation Army, Taiwanese Ministry of Defense, CAP, PLA Eastern Theater Command, Getty Images, Lai's Locations: Taiwan, Beijing, China, Taipei, AFP, Getty Images Beijing, Liaoning

☆ A record number of Chinese warplanes flew close to Taiwan during military drills
▼ + stars: | 2024-10-15 | by ( Wayne Chang | Helen Regan | ) edition.cnn.com time to read: +5 min

CNN —China flew a record number of fighter jets and other warplanes around Taiwan during its large-scale military drills on Monday, the island’s Defense Ministry said. No Chinese warplanes were spotted entering Taiwan’s sovereign airspace, a step that would be considered a major escalation. While not directly comparable, the spike in Chinese warplanes on Monday superseded the previous daily record in September 2023, when 103 Chinese military aircraft were detected operating around Taiwan in a 24-hour span. In response to the latest incursions, Taiwan’s Defense Ministry said it employed its own aircraft, navy vessels and coastal missile systems to monitor the activity. Armed military vehicles patrol outside the Songshan Airport in Taipei on October 14, 2024 during Chinese military drills.

Persons: Lai Ching, ”, Lai, Hwa Cheng, Daniel Ceng, “ Organizations: CNN, island’s Defense Ministry, Coast Guard, Beijing, Taiwan’s Defense Ministry, Taiwanese Air Force, Getty, Communist Party, Taiwan, People’s Liberation Army, Eastern Theater Command Locations: China, Taiwan, Taiwan Strait, Beijing, Hsinchu, AFP, Taipei, Liaoning

☆ Video shows one of Taiwan's F-16s tracking a Chinese J-15 fighter jet with its sniper pod during war games
▼ + stars: | 2024-10-15 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

A new video shows one of Taiwan's F-16 tracking a Chinese J-15 fighter jet. The "Joint Sword-2024B" drill involved a record number of Chinese aircraft, as well as warships. AdvertisementA new video from Taiwan's response to China's military exercises this week shows a Chinese J-15 carrier-based fighter jet through the sniper pod on an American-made F-16. In the footage, a Taiwanese F-16 uses its sniper pod surveillance system to track a Chinese J-15, presumably from the Chinese carrier that participated in the Chinese drills. Taipei rejects China's claims of sovereignty over it and has consistently worked to bolster Taiwan's military to deter and defend.

Persons: —, Lockheed Martin, URfScDhgdj — Ryan Chan 陳, China's, Lai Ching Organizations: Service, Military News Agency, Ministry of National Defense, Lockheed, China PLA Navy, CAP, Getty, People's Liberation Army, Independence Locations: Taiwan, Taiwanese, Russian, China, Shenyang, Liaoning, Taiwan Strait, Xinhua, People's Republic of China, Republic of China, Beijing, Taipei

☆ A boba business storm is brewing, and a 'Shang-Chi' star is in the middle of it
▼ + stars: | 2024-10-15 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

"Shang-Chi" star Simu Liu called out two boba tea entrepreneurs who appeared on an episode of "Dragons' Den." They were promoting their new drink, which they said was healthier than regular boba tea. AdvertisementSimu Liu is in the middle of a brewing business feud over a popular Asian drink. When asked if he liked the drink, Liu, who joined the show as a panelist in its 19th season, said, "I thought it was fine." The global boba tea industry — or bubble tea as it is known in Asia — is estimated to be worth billions.

Persons: Liu, —, Chi, Sébastien Fiset, Jess Frenette, Manjit Minhas, there's, Fiset, Bobba, Winniedapoo, boba, Instagram, Frenette, Liu's, it's, Bob Chapek Organizations: Service, Québec, NBC, Ventures, LinkedIn, American Pacific, CBC Gem, Allied Market Research, Business Locations: Markham, Canada, Taiwan, Bobba, Asia —

HONG KONG — China conducted large-scale military drills around Taiwan on Monday in what it said was a warning to “independence forces” on the Beijing-claimed island. The exercises had been expected after Beijing criticized a speech last week by Taiwan President Lai Ching-te. China, which has not ruled out the use of force in achieving its unification goal, views Lai as a separatist and a “troublemaker.” The Chinese military also held two days of “punishment” drills around Taiwan after his inauguration in May. “The existence of the Republic of China is an undeniable fact,” it said in a statement, using the formal name for Taiwan. Lai said in his speech that Taiwan and China were “not subordinate to each other.”“On this land, democracy and freedom are growing and thriving.

Persons: ”, Lai Ching, Lai, Li Xi, Mao Ning Organizations: Taiwan, Chinese Defense Ministry, ‘ Taiwan, Theater Command, Taiwan’s Ministry of National Defense, Mainland Affairs Council, Chinese Communist Party, Foreign Ministry Locations: HONG KONG — China, Taiwan, Beijing, China, ‘ Taiwan Independence, Republic of China, Taiwan Strait, ” China, People’s Republic of China

☆ As a warning, China sent warplanes and warships, including its first aircraft carrier, to practice assaulting Taiwan
▼ + stars: | 2024-10-14 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

China conducted a large-scale military exercise surrounding Taiwan on Monday. China employed a number of warships, as well as its first aircraft carrier, and dozens of aircraft. AdvertisementIn a warning, China's military surrounded Taiwan during a military exercise on Monday, demonstrating its ability to blockade key ports, execute strikes, and assault positions. China's military, the People's Liberation Army, announced the "Joint Sword-2024B" exercises on Monday morning, with its Eastern Theater Command dispatching troops to conduct joint military drills in the Taiwan Strait and around Taiwan and its outlying islands. In response to the Chinese military drills, Lai posted on X that China aimed "to undermine stability and the status quo, failing to live up to global expectations."

Persons: —, Li Xi, Li, Daniel Ceng, URfScDhgdj — Ryan Chan 陳, Lai Ching, X3SvV8sQY4 — Ian Ellis, Lai Organizations: Service, People's Liberation Army, Eastern Theater Command, PLA Eastern Theater Command, Getty, Taiwan's Ministry of National Defense, PLA, PLA Navy, Ministry of Defense, Liaoning, Sanya Naval, China PLA Navy Locations: China, Taiwan, Anadolu, Liaoning, Sanya, Sanya Naval Base, Hainan, South, Taiwan Strait, Taiwan's, Beijing

☆ Singaporeans are used to paying less than $5 for a meal. This 30-year-old chef charges double, and diners keep coming.
▼ + stars: | 2024-10-14 | by ( Erin Liam | ) www.businessinsider.com time to read: +9 min

She went on to open a hawker stall selling prawn noodles, which later expanded into a casual eatery. When Dave Pynt, the chef-owner of Australian-inspired barbecue restaurant Burnt Ends, visited her school for a guest lecture on wood-fire cooking, she was intrigued. Shifting the focus to local cuisineA bowl of prawn noodles costs between SG$14 to SG$20 at Zhup Zhup. A hawker stall seemed like the perfect sandbox to test her ideas without spending a lot on overhead costs. The challenges of running a hawker businessThree years in, the hawker stall had just managed to earn back its capital.

Persons: Gwyneth Ang, Ang, —, she's, Erin Liam, Dave Pynt, hawker, Erin Liam So, pao, Darren Ang, Pynt, Erin Liam Singapore's, Teo Kay Key, Cherry Tan, Shanice Lim, nasi, Lim Organizations: Michelin, Service, Business, Culinary Institute of America, hawker, Department of Statistics, Institute of Policy Studies, National University of Singapore, Singapore Airlines Locations: Singapore, New Bahru, hawker, Macpherson, Pynt

☆ Taiwan condemns Chinese military drills around island as ‘unreasonable provocation’
▼ + stars: | 2024-10-14 | by ( Helen Regan | Wayne Chang | ) edition.cnn.com time to read: +5 min

China’s military exercises around Taiwan, a democracy of 23 million people, have become increasingly frequent in recent years and have tended to coincide with events that have angered Beijing. In August 2022, China launched a week of military drills following a visit to the island by then-US House Speaker Nancy Pelosi. Ahead of the drills, the Eastern Theater Command released a propaganda video entitled “prepared for battle” on its social media accounts. The PLA did not say whether the drills involved live fire exercises, and, as of now, China has not launched any missiles. A total of seven Chinese warships plus additional Coast Guard vessels were detected near the Taiwan Strait, according to the ministry.

Persons: ”, Nancy Pelosi, Lai Ching, “, Lai, ” Lai, Communist Party’s, China’s, Xi, Matthew Miller Organizations: Taipei CNN, Eastern, Command, US, Taiwan, Eastern Theater Command, Taiwan’s Defense Ministry, Communist, Communist Party, People’s Liberation Army, PLA, Eastern Command, Guard, United Locations: Hong Kong, Taipei, Taiwan, Beijing, China, Liaoning, Philippines, Communist China, People’s Republic of China, Matsu, Taiwan Strait, United States

Actor Simu Liu blasted a pair of Quebec entrepreneurs last week who went on Canada’s version of “Shark Tank” to pitch a drink they say has “transformed” boba tea. Sébastien Fiset and Jess Frenette, founders of a bottled popping boba and alcoholic bubble tea brand called Bobba, were seeking $1 million in exchange for 18% of the company. Their products include cans of alcoholic bubble tea, as well as grab-and-go packets of popping boba. “Dragons, you have probably heard about bubble tea,” Frenette said before Liu quickly interjected with a sarcastic: “I’ve never, has anyone else heard of bubble tea? Not everything has to be traditional.”Fiset responded by saying Bobba’s popping boba makes the drink “not an ethnical product anymore.” Minhas agreed that the popping boba was new, saying she’d never experienced it.

Persons: Simu Liu, Sébastien Fiset, Jess Frenette, CBC’s, ”, Fiset, boba, ” Fiset, Liu, Bobba, “, ” Liu, Let’s, “ Barbie, Frenette, ” Frenette, I’ve, Manjit Minhas, ” Minhas, she’d, Brian Scudamore, ” didn’t Organizations: Bobba’s, Ventures, Bobba Locations: Quebec, —, Canadian, Fiset, Taiwan, Markham, Bobba

☆ Canadian drink company tastes controversy after Simu Liu raises cultural appropriation questions
▼ + stars: | 2024-10-13 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +4 min

CNN —Controversy bubbled for a Canadian drink company after its founders drew the ire of a Marvel superhero on an episode of a “Shark Tank”-style reality series. On a recent episode of CBC’s “Dragons’ Den,” actor Simu Liu appeared as a guest star and prospective investor. The owners of a Quebec-based bubble tea brand called Bobba were featured, seeking funding to grow their brand. Bubble tea is a Taiwanese tea-based drink with tapioca balls that has risen in popularity in recent years. The friction between Liu and Bobba owners Sebastien Fiset and Jess Frenette was visible early in their pitch.

Persons: CBC’s, Simu Liu, Liu, Sebastien Fiset, Jess Frenette, ” Liu, ”, Frenette, Fiset, “, boba, Den, Manjit Minhas, Bobba, Liu “, Frenette’s, Minhas Organizations: CNN, Marvel, Sunday Locations: Canadian, Quebec, Taiwan, Canada, “, Bobba

☆ China threatens Taiwan with more trade measures after denouncing president's speech
▼ + stars: | 2024-10-12 | by ( ) www.cnbc.com time to read: +2 min

China is studying further trade measures against Taiwan, the Ministry of Commerce said on Saturday, two days after Beijing slammed a speech by Taiwan President Lai Ching-Te. The Democratic Progressive Party, Taiwan's ruling party, has not taken any practical measures to lift "trade restrictions" on mainland China, the commerce ministry said in a statement on its official website. "At present, relevant departments are studying further measures based on the conclusions of the investigation into trade barriers from Taiwan (against mainland China)," it added. The Saturday announcement from China's commerce ministry could portend tariffs or other forms of economic pressure against the island in the near future. In May, China reinstated tariffs on 134 items it imports from Taiwan, after Beijing's finance ministry said it would suspend concessions on the items under a trade deal because Taiwan had not reciprocated.

Persons: Lai Ching, detests Lai, Lai Organizations: Taiwan, Ministry of Commerce, Democratic Progressive Party, Taiwan Affairs Office, Reuters Locations: China, Beijing, Taiwan, People's Republic of China

☆ Taiwan says four iPhone maker staff detained in China under 'strange' circumstances
▼ + stars: | 2024-10-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

TAIPEI — Four employees of Taiwan's Foxconn, the world’s largest iPhone assembler, have been detained in China under "quite strange" circumstances, Taiwan’s government said. "The circumstances of this case are quite strange," it said. The Mainland Affairs Council said Foxconn had stated the company had "suffered no losses and that the four employees had done nothing to harm the company’s interests." Calls to China's Taiwan Affairs Office seeking comment outside of office hours went unanswered. China claims democratically governed Taiwan as its own territory, over the strong objections of the government in Taipei.

Persons: Taiwan's Foxconn, Taiwan’s, Foxconn Organizations: TAIPEI —, Mainland Affairs Council, Reuters, Mainland Affairs, Taiwan Affairs Office Locations: TAIPEI, China, China's Zhengzhou, Taiwan, Beijing, Taipei

☆ Taiwan says four Foxconn employees detained in China
▼ + stars: | 2024-10-10 | by ( ) edition.cnn.com time to read: +1 min

Taipei, Taiwan Reuters —Four employees of Taiwan’s Foxconn, the world’s largest iPhone assembler, have been detained in China under “quite strange” circumstances, Taiwan’s government said. The council said Foxconn had stated the company had “suffered no losses and that the four employees had done nothing to harm the company’s interests.”“This has seriously damaged the confidence of companies. Calls to China’s Taiwan Affairs Office seeking comment outside of office hours went unanswered. In June, Taiwan’s government raised its travel warning for China, telling its citizens not to go unless absolutely necessary, following a threat from Beijing to execute those deemed “diehard” Taiwan independence supporters. China claims democratically governed Taiwan as its own territory, over the strong objections of the government in Taipei.

Persons: Taiwan’s Foxconn, Taiwan’s, ”, Foxconn, “ Organizations: Taiwan Reuters —, Mainland Affairs Council, Reuters, Taiwan Affairs Office Locations: Taipei, Taiwan, China, China’s Zhengzhou, Henan, Beijing

Search resuls for: "Taiwanese"

25 mentions found