May 02, 2025Ravie LakshmananData Privacy / Social Media Ireland’s Data Protection Commission (DPC) on Friday fined popular video-sharing platform TikTok €530 million ($601 million) for infringing data protection regulations in the region by transferring European users’ data to China. “TikTok infringed the GDPR regarding its transfers of EEA [European Economic Area] User Data to China … Read more
President Donald Trump’s tariffs are hitting tech companies hard, or at least they are in this one specific case. Wyze, a company that specializes in security equipment like cameras, took to X on Wednesday to share an example of what tech companies are going through right now. According to Wyze, one shipment of floodlights accrued … Read more
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s top economic officials said the country could do without American farm and energy imports as they vowed to achieve a 5 per cent GDP growth target for the year despite the trade war with … Read more
Chinese President Xi Jinping just finished his Southeast Asia tour to Vietnam, Malaysia and Cambodia. It was his first overseas trip this year and, notably, he chose neighbouring countries. I couldn’t help but think of the Chinese saying that a relative far away is not as helpful as a neighbour close by. This idea has … Read more
El alivio que estaban registrando los inversores tras los guiños deslizados por el presidente Donald Trump y su afirmación de que no planea despedir al presidente de la Reserva Federal, Jerome Powell, se ha chocado con la cautela del secretario del Tesoro estadounidense. Scott Bessent ha descartado que la Casa Blanca planee retirar los aranceles … Read more