US restricts technology sales to Chinese semiconductor giant

Washington has ordered US companies to seek permission before selling their technologies to Chinese semiconductor giant SMIC, its latest salvo in the battle for technological dominance over Beijing, the Wall Street Journal ...

Business

US to ban TikTok downloads, block WeChat use

The United States on Friday ordered a ban on downloads of popular video app TikTok and effectively blocked the use of the Chinese super-app WeChat on national security grounds, escalating a fight with Beijing over technology.

Business

Trump says no TikTok deal yet amid security concerns

President Donald Trump said on Wednesday he wasn't ready to approve a deal for an American company to partner with Chinese-owned video app TikTok, which would allow it to continue operating in the United States.

Business

Tencent profits up as gamers stay home but WeChat ban looms

Chinese tech firm Tencent, the parent company of social media giant WeChat, said Wednesday its revenue jumped 28 percent in the first half of this year as the coronavirus pandemic kept people glued to their screens.

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