According to people with knowledge of the situation, Chinese officials are considering a potential option that would involve selling TikTok’s US operations to billionaire Elon Musk if the business fails to fend off a potential ban, according to Bloomberg News on Monday ( Jan 14 ). According to the report,Continue Reading
Additionally, US Steel requested Biden’s approval of the deal, noting that Nippon is based in “one of the United States ‘ closest allies” and that it was intended to” combat the competitive threat from China.” The Nippon offer is” the best way, by way, to ensure that US Steel, includingContinue Reading
Additionally, the costs will require the Federal Communications Commission to publish a list of every object that is owned by overseas hostile governments, including China, to make sure the fee “knows when telecommunications and tech companies have a relationship and international adversary”. Washington is working on a number of sidesContinue Reading
According to a person with knowledge of the situation, the US has ordered Chipmaker TSMC to stop supplying Chinese customers with advanced chips that are frequently used in artificial intelligence applications starting on Monday ( Nov 11 ). According to the person, the Department of Commerce notified TSMC that exportContinue Reading
Canada’s car manufacturing industry employs over 125, 000 people. Ottawa has invested billions of dollars to strengthen its regional energy battery supply line and facilitate its transition to electric vehicles. Trudeau stated at a press conference in Halifax on the Atlantic coast of Canada that the excessive production of ChineseContinue Reading