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US President Donald Trump’s war on Chinese technology firms has changed the ground rules for global business, underscoring a new political reality that could have negative repercussions for American firms.
A handful of social media stars and influencers have publicly flouted rules aimed at containing the coronavirus pandemic and even encouraged others to do so, and authorities from the Netherlands to the United States are not happy.
SAN FRANCISCO (AFP): TikTok is urging a federal court to block US President Donald Trump from banning the video app, arguing the move is motivated by election politics rather than legitimate national security concerns.
The owner of TikTok asked a federal judge in Washington for a preliminary injunction to block the Trump administration from removing the social network from US app stores.
SHANGHAI (Reuters): TikTok owner ByteDance has applied for a licence in China in line with the country’s tech export requirements, as it strives to seal a deal with Oracle Corp and Walmart Inc for TikTok’s US operations to stave off a US ban on the app.
TikTok will ban ads that promote fasting apps and weight loss supplements, as part of its policy to restrict ads of products that amplify body shaming, the company said on Sept 23.
As China’s ByteDance raced to seal a deal with Oracle Corp and Walmart Inc to keep its video-sharing app TikTok operational in the United States, an apparent breakthrough came last Wednesday in a phone call to U.S. Treasury Secretary Steve Mnuchin.
Just a few days ago, the TikTok deal looked like a win for China. Now its state-run media are denouncing it as “an American trap” and a “dirty and underhanded trick”.
Chevron Corp has asked its global employees to remove Tencent Holdings Ltd’s WeChat from their work phones, making it one of the first US companies to heed the Trump administration’s executive order banning the Chinese social app on alleged national security risks.
China’s state-linked Global Times, in an editorial on Sept 22 night, described the latest TikTok deal approved in principle by the US administration as “an extortion deal, unpalatable gambit and blackmail” unacceptable to China.