Netherlands Backs Chinese-Owned Nexperia’s Takeover of Chip Firm

[ad_1] Chinese-owned Nexperia BV’s acquisition of chip firm Nowi Energy BV won approval from the Dutch government, which has been probing it on national security grounds. The Netherlands deemed Nowi’s…

Chinese-Owned Pork Producer Smithfield Prepares for U.S. Listing

[ad_1] The Chinese parent of pork giant Smithfield Foods is working with banks to take the 87-year-old business public again in the U.S. Smithfield, the largest U.S. pork producer, could…

Chinese-owned Canary Wharf office tower calls in receivers

[ad_1] Cheung Kei Group has seen receivers appointed to the Canary Wharf home of BP’s trading arm, which it bought in 2017 for a reported £410m, Sky News understands. By…

Sticking to TikTok: German lawmakers come to grips with Chinese-owned social media

[ad_1] Press play to listen to this article Voiced by artificial intelligence. BERLIN — German politicians are not willing to drop TikTok while it’s hot. Governments across the West have…

TikTok fined $16 million in UK for misusing kids’ data as scrutiny of Chinese-owned app intensifies

[ad_1] TikTok logo displayed on a cellphone. Hyoung Chang | Denver Post | Getty Images TikTok has been fined £12.7 ($15.9) million by U.K. privacy regulators for failing to protect…

TikTok CEO got grilled by lawmakers from both parties on whether the Chinese-owned app can protect American privacy

[ad_1] TikTok Chief Executive Shou Zi Chew reacts during a session for him to testify before a House Energy and Commerce Committee hearing entitled “TikTok: How Congress can Safeguard American…