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When President Donald Trump signed a law in December 2020 that would kick Chinese companies off U.S. stock exchanges, unless they play ball and obediently comply with American auditing standards such as the Sarbanes Oxley Act (SOX), it was actually a political motivated move. It was an additional weapon, on top of the tariff, to […]
... written on Jul 27 2021Less than a decade ago, people would laugh at the idea of digital currency, popularly known as bitcoin. On Monday, the value of the cryptocurrency market topped US$2 trillion for the first time. According to CoinGecko, which track the values of digital currencies, the market capitalization of the cryptocurrency market has doubled in just over […]
... written on Apr 07 2021After boasting on January 13 how its active users breached the 500 million milestones, thanks to WhatsApp new privacy policy, Telegram happily blasted another notification to its users on January 29. It claims over 100 million new users joined Telegram in January 2021 alone, seeking more privacy and freedom. But bragging was not the reason […]
... written on Jan 31 2021Millions of WhatsApp users have retaliated, and Mark Zuckerberg’s team has responded. The Facebook-owned messaging service app has decided to delay its initial Feb 8 deadline to suspend the accounts of those who disagreed to comply with its new privacy policy. On Saturday (Jan 16), WhatsApp said “no one will have their account suspended or […]
... written on Jan 18 2021WhatsApp rival Telegram has breached 500 million active users. In announcing its new milestone, the company also proudly sent a message to its giant pool of users that in the past 72 hours alone, more than 25 million new users from around the world (38% came from Asia, 27% from Europe, 21% from Latin America […]
... written on Jan 13 2021Under the pretext of protecting national security, outgoing President Donald Trump has decided to make the U.S.-China relationship messier for President-elect Joe Biden by banning more Chinese apps. Mr Trump on Tuesday (Jan 5) signed an executive order banning transactions with eight more Chinese software applications. With just over 2 weeks before Biden takes […]
... written on Jan 06 2021One of the most popular questions being asked is exactly when will China overtake the United States as the world’s largest economic power. For such a simple question, it’s amazing how economists, analysts and experts have very different opinions or methodologies to arrive at the answer. Some said it will never happen, while others said […]
... written on Dec 29 2020On Friday, as expected, the U.S. FDA (Food and Drug Administration) approved the Covid-19 vaccine developed by Pfizer and German partner BioNTech. The authorization, however, was plagued with news that White House Chief-of-Staff, Mark Meadows, told the FDA commissioner Stephen Hahn to authorize Pfizer’s Coronavirus vaccine on Friday itself – or prepares to resign. […]
... written on Dec 14 2020Meng Wanzhou, the chief financial officer of Huawei Technologies Co., may be able to return home to China from Canada soon. The daughter of Huawei founder Ren Zhengfei was arrested in December 2018 following an extradition warrant issued by the U.S. and has been charged with bank and wire fraud linked to alleged breaches of […]
... written on Dec 08 2020After crossing the 270 Electoral College vote threshold needed to claim victory, President-elect Biden appears to have strengthened his grip on Friday (Nov 13) by winning the state of Georgia. Even though North Carolina may go to President Trump, the final result would see Biden’s 306 votes against Trump’s 232. Interestingly, this is the same […]
... written on Nov 15 2020