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"The buzzwords—overcapacity and aggressive pricing—echo across industries,” says Tidal Wave Solutions Senior Partner Cameron Johnson

The surprise resignation of ByteDance founder Zhang Yiming as chief executive has left many unanswered questions at the tech unicorn, not the least being "why now" and "what's next" for the company behind hit short video-sharing apps Tik Tok and Douyin. Perhaps the most intriguing question is whether Zhang, who created ByteDance in a Beijing residential flat nine years ago, will remain the de facto boss after he officially cedes day-to-day...

Story highlights The bill’s science and technology section will lay out pointers to provide help for US-based companies in diversifying global supply chain Fuelling the worsening relationship between the US and China, the US Senate’s new policy will have a “profound effect” on the Chinese entities. The Strategic Competition Act of 2021, a 283-page bill, will be introduced next week and aims to provide help for American companies to diversify their global supply chain. “This includes in terms of developing new technologies, global investment strategies, selling into US-allied countri...

US ramps up pressure on China, new strategic competition policy to impact tech firms ANI | Updated: Apr 11, 2021 07:42 IST Washington [US], April 11 (ANI): The US Senate's new policy, the Strategic Competition Act of 2021, lays out a wide-ranging strategy that would have a "profound effect" on Chinese entities as the relationship between the two economic superpowers deteriorate. "The legislation will have a profound effect on every Chinese technology firm," said Cameron Johnson, an adjunct faculty instructor at New York University and a partner at Shangha...

In an 18-minute video interview with 22-year-old student He Shijie, Tim Cook discusses his admiration of Chinese people, history and arts. Absent from the discussion was any mention of censorship or the US-China technology rivalry as the Apple CEO courts Chinese consumers for market growth.