While an executive order signed by US President Donald Trump will ban TikTok in the US starting in the middle of next month, another executive order from the president bans US companies from doing business with the WeChat app which also begins in mid-September. As we mentioned last week, this …
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Masks are worn outside the Amazon spheres in downtown Seattle. (Getty Images) After endless attacks from Seattle’s city council, e-commerce giant Amazon seems set to push for further expansion outside of Seattle. This could have crippling economic consequences for the city. In a daily survey of Puget Sound employees, Amazon …
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Coin -ist co-founder and president Andy Bromberg says more people believe cryptocurrency is a ‘safe haven’, allowing the sector to grow in the market. The Federal Reserve Bank of Boston is working with the Massachusetts Institute of Technology to develop, test and research a hypothetical digital currency over a period …
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KE Holdings Inc. became China’s first public offering to raise $ 2 billion from a U.S. listing since iQiyi Inc. on Thursday, when its share saw 87% close. Less than an hour later, iQiyi gave a stark reminder of the rocky path many young Chinese stocks have taken on U.S. …
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Chinese tech giant Tencent (OTC: TCEH.Y) recently blinded investors with a large profit in the second quarter. Annual revenue rose 29% to 114.9 billion yuan ($ 16.2 billion), and estimated at 2.2 billion yuan. Profit rose 37% to 33.1 billion yuan ($ 4.7 billion), and expectations rose 5.5 billion yuan. …
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