Heavy losses experienced by AI companies have led the tech-heavy Nasdaq index to fall more than 4%. The unexpected entry of the Chinese company DeepSeek as a new player in the artificial intelligence (AI) market has shaken the dominance of U.S. companies like Nvidia, whose shares plunged more than 12% in pre-market trading on Wall […]

This is a new chapter in the tense relationship between China and the U.S. over technology and national security issues. TikTok, the popular social media platform owned by the Chinese company ByteDance, will completely shut down its app in the U.S. this Sunday unless the U.S. Supreme Court intervenes to block the ban. RELATED: RedNote […]

On Tuesday, TikTok and its Chinese parent company ByteDance filed a legal challenge against the U.S. government over a law forcing ByteDance to sell off the ultra-popular app or face a nationwide ban in the country. RELATED:  US TikTok Ban Is a Case of Digital Protectionism U.S. President Joe Biden signed a TikTok ban bill […]

On Thursday, China called on the United States to stop the unreasonable suppression of companies from other countries, following a U.S. bill targeting TikTok. RELATED: US House of Representatives Approves TikTok Ban The U.S. side should earnestly respect the market economy and the principle of fair competition, and provide an open, fair, just and non-discriminatory […]

On Wednesday, the House of Representatives approved the “Protecting Americans from Foreign Adversary Controlled Applications Act”, which requires TikTok to sever ties with its parent company in China or be banned in the United States. RELATED: US Tech Groups Support Tiktok in Suit Against Montana Ban Once approved with 352 votes in favor and 65 against, this […]