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Factbox - Why a Broad US TikTok Ban Is Unlikely to Take Effect Soon

A recent ban of TikTok use on U.S. government-owned devices, coupled with new legislation in Congress seeking to block the app, have fueled expectations the popular Chinese-owned platform could soon be barred nationwide. Adding to the perception, last week the company said the Biden administration had demanded TikTok’s owners divest their stakes in the popular […]

TikTok Would Be Tough to Ban in the US Without a New Law, Experts Say

The Biden administration is under pressure to ban popular Chinese-owned social media app TikTok, but any such move likely hinges on passage of a new law that bolsters the government’s authority to regulate speech, experts said. Pressure is mounting from lawmakers and national security hawks to ban TikTok, which is owned by China’s ByteDance, over […]

Xi Adds Oversight Risk to China EV Battery Growth Plans

The world’s largest battery maker CATL and its rivals in China were put on notice this week with a message from the top. When Chinese President Xi Jinping said he was “both pleased and concerned” about CATL’s electric vehicle (EV) battery dominance, industry executives and regulators heard a caution to be ready to throttle back […]

US Marshalling 'material action' to Stem SVB Fallout -Sources

U.S. authorities were preparing “material action” on Sunday to shore up deposits in Silicon Valley Bank (SVB) and try to stem any broader financial fallout from the sudden collapse of the tech startup-focused lender, sources familiar with the matter told Reuters. Biden administration officials worked through the weekend to assess the impact of SVB Financial […]

EU Seeks to Arrest Industry Decline in Green Transition

The European Union is a global frontrunner in cutting carbon emissions but is also moving to ensure the green transition doesn’t make it an industrial desert, with a raft of measures due to be announced next week. Europe’s industrial competitiveness in relation to the United States and China, the world’s two biggest economies, has become […]

U.S. Launches 'Disruptive Technology' Strike Force to Target National Security Threats

A top U.S. law enforcement official on Thursday unveiled a new “disruptive technology strike force” tasked with safe-guarding American technology from foreign adversaries and other national security threats. Deputy Attorney General Lisa Monaco, the No. 2 official at the U.S. Justice Department, announced the new strike force at a speech in London at Chatham House. […]

Tiktok’s Strive for Transperency

This week, TikTok gave journalists a tour of what it refers to as its Transparency and Accountability Center. As part of its effort to show authorities in the United States that it is ready to dialogue. Screens outlined how TikTok selects and suggests the short films on its app in an office park in this […]

Exclusive-Tiktok Steps up Efforts to Clinch U.S. Security Deal

Popular short-video app TikTok is offering to operate more of its business at arm’s length and subject it to outside scrutiny as it tries to convince the U.S. government to allow it to remain under the ownership of Chinese technology company ByteDance, according to people familiar with the matter. TikTok has been seeking to assure […]