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Tencent s 2022 strategy indicates a downsizing of vast tech empire to ride out China s regulatory storm, fuel new growth

Biden Admin Revokes Trump Orders to Ban TikTok, Will Conduct Own Review

Biden Revokes Trump Actions Targeting TikTok, WeChat

Biden Revokes Trump Actions Targeting TikTok, WeChat © chris delmas/Agence France-Presse/Getty Images WASHINGTON President Biden on Wednesday revoked executive orders targeting the Chinese-owned TikTok and WeChat apps signed by former President Donald Trump, and signed a new order requiring security reviews of these and other apps in the jurisdiction of foreign adversaries. The new order directs the Commerce Department to instead evaluate software applications connected with foreign adversaries under recent U.S. supply-chain security rules “and take action, as appropriate,” according to a fact sheet. The Commerce Department will be required to review apps “involving software applications that are designed, developed, manufactured, or supplied by persons that are owned or controlled by, or subject to the jurisdiction of a foreign adversary, including the People’s Republic of China, that may present an undue or unacceptable risk to the national security of the United Stat

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