Prominent state-backed newspapers in China issued more scathing editorials condemning a proposal to create a U.S.-controlled joint venture for the popular Chinese-owned app TikTok, ratcheting up pressure on its parent company ByteDance. “China has no reason to give the green light to such a deal, which is dirty and unfair and based on bullying and extortion,” state-owned newspaper China Daily...
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Samsung’s Peacock Standoff with NBCUniversal Shows Power of TV Makers
As streaming TV becomes the default viewing option for Americans, the makers of streaming devices are taking the place of cable operators as gatekeepers, deciding what streaming services will be available to viewers. Increasingly the gatekeepers include not only Roku and Amazon but smart TV makers such as Samsung. NBCUniversal is learning that the hard way as it battles to get its Peacock...
ByteDance Rival Kuaishou Gets Approval to Raise as Much as $6 Billion in Hong Kong IPO
Chinese Smartphone Xiaomi Unexpectedly Added to U.S. Blacklist
Playtika Prices IPO at $27
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