TikTok back online after Trump pledges to delay ban
TikTok went dark around 10:30 pm ET Saturday but was back online just before 12:30 pm on Sunday.
Corporate Buzz
BYD debuts $20,000 EVs on Hyundai’s home turf
In push for expansion, Chinese EV giant slashes Korean prices to less than half of what they charge in US or Europe
Apple has begun work on AirTag factory in Indonesia’s Batam, minister says
The government has been pushing for direct investment from Apple to revoke a sales ban that prevents the company from selling its latest iPhone model in the country, but the…
China discusses sale of TikTok US to Elon Musk as one possible option
Beijing officials strongly prefer that TikTok remains under the ownership of parent ByteDance, the people say, and the company is contesting the impending ban with an appeal to…
TikTok moves closer to its ban date in US
The ban on the immensely popular social media app would take effect on Sunday unless it is sold by its China-based parent company ByteDance.
Hyundai Motor donates $1m to US President-elect Trump’s inauguration
The South Korean automaker follows in footstep of GM, Ford and Toyota to its safeguard interests.
Indonesian government demands Apple R&D to end iPhone sales ban, but takes $1b investment
The ban on local sales of the iPhone 16 remains in place as it still fails to meet the country’s local content rules.
Taiwan’s TSMC to launch full-scale production in Japan, US, Germany as part of ‘silicon shield’ vs China
Taiwan has adopted a “silicon shield” strategy to reduce the risk of Chinese aggression by concentrating production on the island, but it will also increase ties with other…
Telegram receives licence to operate in Malaysia
Communications Minister Fahmi Fadzil said that Telegram obtained the licence from the Malaysian Communications and Multimedia Commission (MCMC) on Jan. 2, making it the third…
YouTube faces backlash over selective pricing policy in South Korea
The monthly subscription fee for the ad-free YouTube Premium is 14,900 won ($10.16) per user in South Korea, more than 30,000 won higher than the monthly cost for a family of four…