A former TikTok executive claims that CEO Shou Zi Chew mainly serves as a "conduit" for ByteDance executives who truly make the decisions for the platform.
Tags: US
Fake Shops Propped by Chinese Scammers Stole Money, Personal Data from Over 850,000 People: Data Analysts
Data analysts from the German cybersecurity consultancy SRLabs said that a large network of fake online designer shops apparently operated from China have stolen money and personal data from over 850,000 people in Europe and the United States.
US Revokes Export Licenses for Intel, Qualcomm for Supplying China’s Huawei
The United States has withdrawn several licenses that allow companies to move materials, such as semiconductors, to the sanctioned Chinese telecoms equipment manufacturer Huawei Technologies.
Sam Ash Closes All 42 Stores After 100 Years
Musical instrument retailer Sam Ash announced it would be closing all of its stores by July 2024 after 100 years in the business.
Capital Gains Tax Increase: What Investors Need to Know About Biden's Proposed Changes
Several financial experts say the Biden administration’s proposal to raise capital gains tax will negatively affect the US economy.
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Americans are preparing for another wave of increased housing expenses, according to the Federal Reserve Bank of New York.
Former Starbucks CEO Howard Schultz asked his successor Laxman Narasimhan and other Starbucks senior officials to communicate with shop baristas and work with them to enhance coffee service.
Israel is "unaware" of any US decision to halt a supply of ammunition to Israel, an Israeli source said.
US President Joe Biden's economic advisor Jared Bernstein acknowledged his inability to explain how money works.
The US dollar dipped to a three-week low against the Japanese yen on Friday following reports of US jobs and wage growth slowed down in April.
Canada is increasing its surveillance to detect a potentially harmful strain of avian flu amid the growing outbreak of H5N1 in US dairy cattle.
The ban on US imports of Russian uranium is expected to shake up the nuclear power industry and push prices back beyond $100 per pound for the fuel, which has been in short supply.
The US has revealed that Russia has been discreetly supplying refined petroleum to North Korea at levels that seem to exceed UN Security Council limits.
Regulators blocked a Huawei Technologies Co. lab from licensing telecommunications equipment in the United States.
