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US President Biden temporarily suspends ban on TikTok and WeChat


WeChat, which has more than one billion users globally, has very limited presence in the US. The country accounts for only 2 per cent of its revenue.
TikTok has about 800 million users worldwide, of which 100 million are in the US. It has previously said the US ban will have a major impact on its global growth since content created and shared by US users is “highly exportable” to other English-speaking markets like the UK, Canada and Australia.
ByteDance-owned TikTok has been at the heart of the Trump administration s efforts to curb what it considered as a growing dominance of Chinese tech apps, which it claimed collect US citizens data. TikTok has repeatedly denied such allegations, saying it does not collect or sell American citizens data. ....

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Asian Insider, Jan 6: HK mass arrests, M'sians want Umno to stick with PN, Xi's priorities for 2021, Asia News & Top Stories


The Straits Times
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Trump seeks ban on Alipay, other fintechs in departing shot at China


Trump seeks ban on Alipay, other fintechs in departing shot at China
Donald Trump. Image: Shealah Craighead/The White House
US President Donald Trump has signed an order banning US transactions with eight digital Chinese payment platforms including Ant Group’s Alipay in 45 days, when he’ll no longer be in office.
The order is the outgoing administration’s latest bid to use national security powers against China’s technology companies, but it will be up to President-elect Joe Biden to decide whether to enforce the policy.
The executive order, which directed the US commerce department to draft rules outlining which payments will be outlawed, will impact Tencent Holdings’ QQ Wallet and WeChat Pay, as well as CamScanner, Shareit, VMate and WPS Office. ....

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