Arjun Kharpal
Arjun Kharpal
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TikTok disappears from Hong Kong app stores after new national security law comes into effect

TikTok disappears from Hong Kong app stores after new national security law comes into effect

Keep Me Logged InKey PointsTikTok has been pulled from Apple's App Store and the Google Play Store in Hong Kong, days after a sweeping new national security law was introduced in the city. Users who had already downloaded the popular short video app can no longer use it. TikTok, which is owned by Beijing-based ByteDance, it would be exiting Hong Kong "in light of recent events," referencing the national security law . Under the new law, people found guilty of secession or subversion can be punished with a . But the law also gives authorities powers to police online content including...

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Arjun Kharpal
3d ago
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U.S. is 'looking at' banning TikTok and Chinese social media apps, Pompeo says

U.S. is 'looking at' banning TikTok and Chinese social media apps, Pompeo says

Keep Me Logged InKey PointsThe U.S. is "looking at" banning TikTok and other Chinese social media apps, Secretary of State Mike Pompeo told Fox News on Monday. His comments come amid rising tensions between the U.S. and China and as scrutiny on TikTok and Chinese technology firms continues to grow. When asked in a Fox News interview if the U.S. should be looking at banning TikTok and other Chinese social media apps, Pompeo said: "We are taking this very seriously. We are certainly looking at it.""We have worked on this very issue for a long time," he said."Whether it was the problems of...

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Arjun Kharpal
6d ago
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After Pompeo says 'tide is turning against Huawei,' India reportedly weighs 5G ban on Chinese firm

After Pompeo says 'tide is turning against Huawei,' India reportedly weighs 5G ban on Chinese firm

Keep Me Logged InKey PointsHuawei could be banned from participating in India's 5G network rollout, just months after it was given the green light to participate in the country's trials for the technology.It comes after the Indian government said it would such as TikTok and WeChat, claiming they were a threat to national security. As part of those discussions, Indian government ministers discussed the country's 5G rollout plans and whether Chinese telecommunications equipment giants Huawei and should be allowed to participate, according to a report from the . India's Ministry of Electronics...

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Arjun Kharpal
Jun 30
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Trump's 'racist baby' tweet gets slapped with 'manipulated media' label from Twitter

Trump's 'racist baby' tweet gets slapped with 'manipulated media' label from Twitter

Keep Me Logged InKey PointsA doctored viral video share by President Donald Trump on Twitter has been labeled as "manipulated media" by the microblogging site as it looks to clean up disinformation. The video shows a White toddler chasing a Black child down the street, and the banner says "Terrified todler runs from racist baby." It is made to look like it is from CNN and toddler is misspelled. The text changes to read: "Racist baby probably a Trump voter."The mood and music changes subsequently to show what actually happened. It displays the scene before the chase, and shows that the two...

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Arjun Kharpal
Jun 19
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Twitter takes down China-linked accounts spreading disinformation on Hong Kong and coronavirus

Twitter takes down China-linked accounts spreading disinformation on Hong Kong and coronavirus

Keep Me Logged InKey Points has taken down thousands of accounts linked to China that were part of a "manipulative and coordinated" campaign to spread disinformation around topics including the Hong Kong protests and the coronavirus.The social media site said that 23,750 accounts that were spreading "geopolitical narratives favorable to the Communist Party of China (CCP)" were removed. Another 150,000 accounts designed to boost that content were also taken down.They were tweeting predominantly in Chinese languages and were pushing "deceptive narratives about the political dynamics in Hong...

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Arjun Kharpal
Jun 12
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U.S. tech giants are reportedly providing web services to blacklisted Chinese surveillance firms

U.S. tech giants are reportedly providing web services to blacklisted Chinese surveillance firms

Keep Me Logged InKey PointsA new report claims that , and are among a number of American firms that are providing various web services to Chinese surveillance firms accused of human rights abuses and which are now on a U.S. blacklist.Top10VPN, a site that reviews virtual private network (VPN) services and researches topics on privacy, said in a report that it had identified U.S. technology giants that provide "essential web services that power these companies' websites."CNBC reached out to the U.S. firms named in the report as providing such services to the blacklisted Chinese surveillance...

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Arjun Kharpal
May 23
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Why Apple is unlikely to face backlash from China over new U.S. rule on Huawei

Why Apple is unlikely to face backlash from China over new U.S. rule on Huawei

Keep Me Logged InKey Points is unlikely to face backlash from the Chinese government over a new U.S. rule designed to target Huawei, experts told CNBC, despite threats from state-backed media. The iPhone maker has a good relationship with Beijing and, indirectly via its manufacturing partners, employs hundreds of thousands of workers in the world's second-largest economy, factors that could dissuade China from taking action against the company. On Friday, the U.S. moved to cut off chip supplies to Huawei that requires foreign firms using American software or equipment for manufacturing...

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Arjun Kharpal
May 20
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Why new U.S. rules on selling chips to Huawei could be a 'big blow' for the Chinese tech giant

Why new U.S. rules on selling chips to Huawei could be a 'big blow' for the Chinese tech giant

Keep Me Logged InKey PointsNew U.S. rules for chips against Huawei signal latest rise in trade tensions with ChinaThe United States' latest move to restrict chip sales to Huawei could be a big blow to the Chinese technology giant, hitting its two biggest businesses and offering very little wriggle room for the firm to find alternative suppliers.Billions of dollars of revenue are at risk from  which requires foreign manufacturers using U.S. chipmaking equipment to get a license before being able to sell semiconductors to Huawei. There is no indication that the U.S. will grant licenses...

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Arjun Kharpal
May 18
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Chinese tech giant Tencent reportedly surveilled foreign users of WeChat to help censorship at home

Chinese tech giant Tencent reportedly surveilled foreign users of WeChat to help censorship at home

Keep Me Logged InKey PointsChinese internet giant has reportedly been surveilling content posted by foreign users on its wildly popular messaging service WeChat in order to help it refine censorship on its platform at home.. It is the most popular messaging app in China and ingrained in daily life, allowing people to do everything from making payments to hailing taxis. Surveillance and censorship of social media and messaging platforms in China is commonplace. Companies that run such services often remove or block content that is likely to offend Beijing.But Citizen Lab, a research center...

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Arjun Kharpal
May 8
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New cybersecurity report says China-based group is hacking Asia-Pacific governments

New cybersecurity report says China-based group is hacking Asia-Pacific governments

Keep Me Logged InKey PointsA China-based hacking group has been quietly carrying out a five-year cyber espionage campaign against Asia-Pacific governments after it previously "slipped off the radar," a new report claims. The group, known as Naikon, has targeted nations including Australia, Indonesia, Philippines, Vietnam, Thailand, Myanmar and Brunei, according to Israeli cybersecurity firm . Naikon targets ministries of foreign affairs, science and technology, as well as government-owned companies with the aim of "gathering of geo-political intelligence," Check Point said.What drives them...

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Arjun Kharpal
May 7
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Cryptocurrency market value jumps $35 billion in 24 hours led by a surge in bitcoin

Cryptocurrency market value jumps $35 billion in 24 hours led by a surge in bitcoin

Keep Me Logged InKey PointsCryptocurrency prices surged on Thursday, led by a big jump in bitcoin. The entire market capitalization or value of cryptocurrencies jumped $35.3 billion in 24 hours as of 2.19 p.m. Singapore time, according to data from CoinMarketCap.com. , which accounts for most of that movement, was at $9,388.30 — or up 18.57% in the last 24 hours as of 2.03 p.m. Singapore time, Coindesk data showed. That's the highest level since March 7. Cryptocurrencies saw of  amid the broader plunge in equity markets. But they have now recovered that ground. Industry participants...

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Arjun Kharpal
Apr 30
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Power is 'up for grabs': Behind China's plan to shape the future of next-generation tech

Power is 'up for grabs': Behind China's plan to shape the future of next-generation tech

Keep Me Logged InKey Points is set to release an ambitious 15-year blueprint that will lay out its plans to set the global standards for the next-generation of technologies.The move could have wide-ranging implications for the power Beijing wields on the global stage in areas from artificial intelligence, to telecommunications networks and the flow of data, experts told CNBC."China Standards 2035" is set to be released this year after two years of planning. Experts said it is widely seen as the next step, following the "Made In China 2025" global manufacturing plan — but this time, with a...

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Arjun Kharpal
Apr 27
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Chinese giants Huawei and Tencent join national group on blockchain after Xi's backing for the tech

Chinese giants Huawei and Tencent join national group on blockchain after Xi's backing for the tech

Keep Me Logged InKey PointsChina's major technology giants are among a group of organizations that have joined a national committee focused on creating standards for blockchain technology. The move is part of major push by the world's second-largest economy to after  last year urged the country to "seize the opportunities" presented by the technology. E-commerce giant , telecommunications equipment maker Huawei, search firm , and , the owner of , are all part of the committee. Ant Financial, the affiliate of which runs the Alipay mobile payments app, is also part of the group which counts a...

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Arjun Kharpal
Apr 15
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Canada and France say donations of coronavirus masks won't influence decisions on Huawei and 5G

Canada and France say donations of coronavirus masks won't influence decisions on Huawei and 5G

Keep Me Logged InKey PointsCanada and France this week denied that donations of masks from Huawei would influence their decisions on whether the Chinese firm plays a role in their 5G rollouts.The Chinese technology giant, which has been caught in the crossfire of a larger U.S.-China trade and technology battle, has quietly given masks to a number of countries around the world. Huawei has been accused by at least one U.S. congressman of using the donations to win favor when it comes to participating in 5G.Huawei is in the process of giving 6 million masks to Canada, along with other personal...

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Arjun Kharpal
Apr 10
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China's plans to ease its 'green card' rules for foreigners spark racist backlash online

China's plans to ease its 'green card' rules for foreigners spark racist backlash online

Keep Me Logged InKey PointsA proposed law that would make it slightly easier for foreigners to get a permanent residency in China set off a slew of racist and xenophobic backlash on Chinese social media, that eventually spilled over to .But the U.S. social media company says many of those tweets do not violate its policies and some remain online.The posts, which use offensive language and racial slurs, are a response to a by Beijing that appears to ease some of the requirements for foreigners to get a permanent residency or so-called "green card" in China. With the proposed law, China is...

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Arjun Kharpal
Mar 13
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Over $26 billion wiped off cryptocurrency market in 24 hours after massive oil price plunge

Over $26 billion wiped off cryptocurrency market in 24 hours after massive oil price plunge

Keep Me Logged InKey PointsCryptocurrency markets plunged following a plummet in oil prices and further sell-off in stocks. The market capitalization or entire value of cryptocurrencies was down $26.43 billion from a day earlier at around 1:17 p.m. Singapore time, according to data from Coinmarketcap.com. The sell-off worsened as the day went on. , the biggest cryptocurrency by value, fell over 10% in 24 hours at around the same time.The violent sell-off in the cryptocurrency market comes after international oil benchmark  futures That was sparked by Saudi Arabia slashing its official...

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Arjun Kharpal
Mar 9
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Over $26 billion wiped off cryptocurrency market in 24 hours after massive oil price plunge

Over $26 billion wiped off cryptocurrency market in 24 hours after massive oil price plunge

Business News and FinanceVIEW IN APPA Facebook iconA Twitter iconA LinkedIn iconAn email iconKEY POINTS Cryptocurrency markets plunged following a plummet in oil prices and further sell-off in stocks. The market capitalization or entire value of cryptocurrencies was down $26.43 billion from a day earlier at around 1:17 p.m. Singapore time, according to data from Coinmarketcap.com. The sell-off worsened as the day went on. , the biggest cryptocurrency by value, fell over 10% in 24 hours at around the same time.The violent sell-off in the cryptocurrency market comes after international oil...

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Arjun Kharpal
Mar 10
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Tesla shares crater 17% after coronavirus delays Model 3 deliveries

Tesla shares crater 17% after coronavirus delays Model 3 deliveries

Tesla shares slammed day after surge—What four experts are watching now shares fell 17.18% Wednesday after a company executive said that cars initially scheduled for delivery in early February will be delayed due to the outbreak of the new coronavirus. The huge fall comes after two spectacular days for the stock earlier this week. Tesla shares were up nearly 20% on Monday and another 13.7% on Tuesday. Tesla on Wednesday did avoid setting a record for its biggest single-day loss, which happened in 2012 when the stock fell 19.3%. But it was still the second-worst day for Tesla. Tesla stock...

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Arjun Kharpal
Feb 11
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