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WASHINGTON: President Donald Trump said he will introduce legislation that may scrap or weaken a law that has protected internet companies, including Twitter and Facebook, in an extraordinary attempt to regulate social media platforms where he has been criticized.
WASHINGTON (Reuters) - President Donald Trump said he will introduce legislation that may scrap or weaken a law that has protected internet companies, including Twitter
TikTok's poaching of Disney's Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its centre of power away from China at a time of rising global tensions, several people familiar with the plans said.
YouTube’s battle against Covid-19 misinformation is causing collateral damage as the world’s largest online video service struggles to pick up on nuances of an increasingly complex and political topic.
Although people have been turning to online services during the Covid-19 pandemic, China’s economy shrank 6.8% in first quarter. Some sectors such as online education, remote working and gaming, have seen a surge in their traffic during the health crisis.
HONG KONG: Volkswagen AG is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German automaker accelerates its push into the world’s largest market for environmentally friendlier cars.
TikTok’s parent ByteDance Ltd generated more than US$17bil (RM74.08bil) in revenue and more than US$3bil (RM13.07bil) of net profit last year, figures that show the world’s most valuable startup is still growing at a brisk rate, according to people familiar with the matter.
KUALA LUMPUR: On the back of reduced earnings in the recent quarter, Kuala Lumpur Kepong Bhd (KLK) and parent Batu Kawan Bhd are expecting "satisfactory profits" in FY20 subject to the uncertainties arising from the Covid-19 pandemic.
JD.com joins video platform Kuaishou in livestreaming sales deal in time for China’s midyear shopping festival
Although JD.com has its own livestreaming platform, Kuaishou’s 300 million daily active users are expected to give the e-commerce specialist a strong boost. JD.com announced on Monday that it will host more than 300,000 key livestreaming sessions during this year’s 618 shopping festival.