Text size Transversospinales / Dreamstime Let us assume that the Trump administration is advancing its threats to stop American companies from working with both ByteDance unit TikTok and Tencent Holdings-owned WeChat. What will the Chinese government do in response? Amber analyst Toni Sacconaghi has pondered that question. He owns both …
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Flags of China and the US are seen near a TikTok logo in this illustration photo taken July 16, 2020. Florence Lo | Reuters President Donald Trump’s executive order banning China’s TikTok could prevent US app stores from offering the popular short video app and making ads on the platform …
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Steve Mollenkopf, CEO of Qualcomm, at the Mobile World Congress in Barcelona on February 23, 2016. Brad Quick | CNBC Qualcomm stocks rose more than 4% on Tuesday after a U.S. Court of Appeals reversed the Federal Trade Commission’s 2019 anti-victory against the world’s largest smartphone modem chipmaker. The ruling …
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Cisco Systems Inc. will expect to benefit from technical expenditures of large companies despite the COVID-19 pandemic, but the struggle of smaller companies could take its toll. Cisco CSCO, -1.13% is scheduled to report fourth-quarter fiscal revenue on Wednesday afternoon, always a crucial barometer for IT spending, which turned out …
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Text size NIO sells its electric cars only in China. Greg Baker / AFP via Getty Images Shares in Chinese electric car maker NIO fell Tuesday morning after the company reported second-quarter sales that were better than expected. Despite the reaction, the report is another good data point for the …
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