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(Reuters) – TikTok CEO Shou Zi Chew said on Friday he wants to thank U.S. President-elect Donald Trump for his commitment to work with the company and find a solution that keeps the app available in the United States. The company has until Sunday, Jan. 19, to cut ties with its China-based parent ByteDance or …

TikTok CEO thanks Trump for push to keep app available in US as ban looms Read More »

(This Jan. 17 story has been corrected to fix the production scale-up to 150,000 units, not 250,000 units, in paragraph 7) By Nandan Mandayam and Aditi Shah NEW DELHI (Reuters) – Vietnamese electric vehicle maker VinFast will enter the Indian market with two premium electric SUVs, taking on homegrown rival Mahindra & Mahindra and China’s …

VinFast to enter India with premium electric SUV to take on rivals Read More »

BEIJING (Reuters) – Chinese President Xi Jinping said Beijing is ready to work with Hanoi to build a community with a shared future of strategic significance, China’s official Xinhua news agency reported on Saturday. The remark came in a congratulatory message by Xi to Vietnam’s ruling Communist Party chief To Lam and President Luong Cuong …

Xi says China, Vietnam to build community with shared future of strategic significance Read More »

By Kanishka Singh WASHINGTON (Reuters) – Cognosphere, the publisher of anime-style fantasy video game “Genshin Impact,” has agreed to pay $20 million to settle U.S. Federal Trade Commission allegations that the company violated a children’s privacy law. It will also block children under age 16 from making in-game purchases without parental consent as part of …

‘Genshin Impact’ publisher settles US charges of violating children’s privacy Read More »

By Arriana McLymore, Helen Reid and Doyinsola Oladipo NEW YORK (Reuters) – TikTok’s expected Sunday shutdown poses the biggest threat to the universe of small- and medium-sized firms and so-called influencers who depend on the short-form video site for their livelihood, while big brands are expected to move to other sites. TikTok says its U.S. …

TikTok’s purveyors of creams and candies under threat from US ban Read More »

WASHINGTON (Reuters) – The Biden administration on Friday issued last-minute proposed rules to curb duty-free imports under the $800 “de minimis” threshold, denying the low-value shipments exemption for goods that are subject to other punitive U.S. tariffs. The move marks a setback for e-commerce firms, including China-based Shein and PDD Holdings’ Temu, which have exploited …

Biden administration posts last-minute rule to curb low-value shipments Read More »

By David Shepardson WASHINGTON (Reuters) -A group representing major automakers said on Friday it filed a lawsuit to block a landmark rule from the administration of President Joe Biden requiring nearly all new cars and trucks by 2029 to have advanced automatic emergency braking systems. The Alliance for Automotive Innovation, representing General Motors, Toyota Motor, …

Automaker group files lawsuit to block US automatic emergency braking rule Read More »