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U.S. to Ban New TikTok, WeChat Downloads Starting Sept. 20

By Alex Heath
· · Source: The Information

The U.S. will ban new downloads of TikTok and WeChat, two Chinese-owned apps that have become the subject of national security concerns, starting September 20. App stores, including those maintained by Apple and Google, will be barred from distributing both apps in the U.S., and financial transactions between businesses in WeChat will be prohibited in the country, according to a statement from...

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How Tesla is Winning From the U.S.-China Trade War
By Juro Osawa · Oct. 19, 2020 6:02 AM PDT
How Tesla is Winning From the U.S.-China Trade War

On Nov. 1 last year, Tesla invited executives from dozens of China-based automotive parts suppliers to the carmaker’s new Shanghai factory, where its first made-in-China Model 3 sedans were about to roll out. At the event, Roshan Thomas, Tesla’s senior executive in charge of managing suppliers, gave a speech explaining that Tesla needed to continually push down the price of its ...

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Cover Wall Street for The Information!
By The Information Staff
If you’re interested in how the capital markets work, and you love the tech industry, The Information has a job for you.