TMT - Asia Tech Wire

TMT

01:29

                            Meta is offering creators with large TikTok followings bonuses ranging from $10K to $50K per month to post videos on Instagram Reels before other platforms
                        
14:46

                            ByteDance founder reportedly met with Musk last year
                        
                            Zhang Yiming, the founder of TikTok's parent company ByteDance, met with Elon Musk, a U.S. billionaire and close confidant of President Donald Trump, according to the Wall Street Journal.
                        
12:32

                            Xiaohongshu adopts English name "rednote"
                        
                            Xiaohongshu App has adopted the English name "rednote" in Apple's iOS App Store. It is worth noting that the English name is in lowercase letters, not "RedNote" as it was often translated on the Internet. Xiaohongshu is still ranked first in the Apple AppStore US free social network app download list. Two apps for saving TikTok videos also appeared on the list.
                        
12:29

                            TikTok is in a difficult situation in the United States: it will be restarted after being shut down for 14 hours, and the "no sale or ban" policy will be postponed for 75 days
                        
                            TikTok gets another chance to breathe. According to CCTV News, US President Trump signed an executive order on the 20th local time, requiring the short video social media platform TikTok's "ban if not sold" law not to be implemented for the next 75 days. Some interviewees believe that the short-term recovery is a phased victory for TikTok's struggle in the United States, but it is not the end of TikTok's fate in the United States. In addition to extending the implementation period of "ban if not sold" by 75 days, there are still limits on what the president can do in the end. Reporters learned that in the relevant provisions of TikTok's "ban if not sold", if the president determines that the sale has made progress, he can exercise the right of extension once. But that's all. In the view of the interviewees, the short-term recovery and the extension of the implementation period of "ban if not sold" by 75 days are not the end of TikTok's fate in the United States, and TikTok's future in the US market is still under discussion.
                        
09:30

                            US President Trump suspends TikTok ban
                        
                            US President Trump has reportedly suspended the implementation of the TikTok ban.
                        
09:17

                            U.S. President Trump ordered the Attorney General not to take action against TikTok within 75 days.
                        
09:10

                            US President Trump: TikTok's executive order gives me the right to sell or shut down the app.
                        
09:09

                            US President Trump signed an executive order regarding TikTok.
                        
09:06

                            US President Trump: I have a special feeling for TikTok.
                        
09:06

                            US President Trump: Under a possible deal, the United States may impose some or greater degree of regulation on TikTok.
                        
09:06

                            U.S. President Trump raised the idea of a joint venture with TikTok, saying it was one of many suggestions.
                        
09:05

                            US President Trump: If I don't sign the agreement, TikTok will be worthless.
                        
09:05

                            US President Trump: If I make a deal for TikTok, we should get half of it.
                        
09:04

                            US President Trump: I may do a TikTok deal, or I may not.
                        
00:23

                            Douyin's (planned) investment in computing centers has exceeded 18 billion yuan in the past six months
                        
                            According to incomplete statistics, in the past six months, Douyin Group's (planned) investment in the construction of a computing center has exceeded 18 billion yuan. According to the announcement of the Wuhu District Management Committee of Anhui Free Trade Zone on January 17, Wuhu Jiangdong Mingyi Technology Co., Ltd., a subsidiary of Douyin Group (ByteDance), plans to build the "Volcano Engine Yangtze River Delta Computing Center Project" in Wuhu, Anhui. The project's environmental impact assessment documents have been accepted recently and are being implemented for pre-approval publicity. The total investment of the project is 8 billion yuan, with a designed number of server cabinets of 21,824, 236 network cabinets, and a substation.
                        
1737480571
104229
7

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Trends

AI Tesla electric vehicle China AI bitcoin Chinese Company South Korea Tencent Apple

Weekly Highlights

                                    U.S. President Trump raised the idea of a joint venture with TikTok, saying it was one of many suggestions.
                            2025-01-21

                                    Bitcoin stood above $104,000 per coin, up 4.09% on the day.
                            2025-01-17

                                    Morgan Stanley lowered its target price for Tencent Holdings from HK$570.00 to HK$550.00
                            2025-01-15

                                    US President Trump: Under a possible deal, the United States may impose some or greater degree of regulation on TikTok.
                            2025-01-21

                                    Hong Kong stocks opened: Hang Seng Index opened 1.02% higher, Hang Seng Technology Index opened 1.21% higher
                            2025-01-21