The U.S. Treasury has imposed sanctions following a significant cyberattack linked to China, targeting telecom companies and its own network. Treasury Sanctions Linked to Major Hack of Telecom Firms and Its Network Washington: So, the Treasury Department just dropped some serious sanctions. They’re tied to a huge hack that hit American telecom companies and even…
The Supreme Court’s decision could lead to TikTok’s removal from U.S. app stores, impacting millions of users. Supreme Court Upholds TikTok Ban, Paving Way for Possible Shutdown Washington: The Supreme Court just made a big call about TikTok. They’ve backed a law that says ByteDance has to sell TikTok by Sunday or it could be…
George Zhao has stepped down as CEO of Honor, citing personal health reasons and a desire to spend more time with family Honor CEO George Zhao Resigns for Personal Reasons, Company Announces Barcelona: So, George Zhao, the CEO of Honor, has decided to resign. He’s stepping down for personal reasons, mainly health-related. The company shared…
RedNote is rapidly attracting American users seeking a glimpse into Chinese culture amid TikTok’s uncertain future RedNote Emerges as the Go-To App for Americans Curious About China Los Angeles: RedNote, also known as Xiaohongshu, is making waves in the U.S. It’s become a popular spot for TikTok users looking for alternatives as the app faces…
Bank of America analysts argue that quiet luxury is hurting luxury brands’ performance BofA Analysts Say Quiet Luxury Must End for Brands to Succeed New York: So, here’s the scoop. Bank of America analysts are saying that the whole quiet luxury trend is really dragging down luxury brands. They believe it’s making it way too…
China confirms Vice President Han Zheng will represent the country at Trump’s inauguration, while Xi Jinping will not attend. China’s Vice President to Attend Trump’s Inauguration Ceremony Beijing: So, here’s the scoop. The Chinese foreign ministry just announced that Vice President Han Zheng will be heading to Donald Trump’s inauguration on January 20. It’s a…
Duolingo’s stock jumped after a surge in users eager to learn Mandarin, driven by the rise of the RedNote app. Duolingo Shares Surge 7% as Users Flock to Learn Mandarin Amid App Boom City: New York: Duolingo’s shares shot up nearly 7% on Thursday. This happened because a ton of new users are signing up…
Apple’s stock dropped 4% amid disappointing iPhone sales in China, marking its worst performance since August Apple Faces Worst Day Since August, Down 11% from December Peak New York: Tim Cook, the CEO of Apple, was at the Fifth Avenue store for the launch of new products. But things aren’t looking great for Apple right…
With TikTok’s future uncertain, many Americans are turning to RedNote and learning Mandarin to connect. Surge in Americans Learning Chinese as RedNote Gains Popularity New York: So, it looks like a lot of Americans are jumping on the Chinese app Xiaohongshu, or RedNote, especially with the talk of a TikTok ban in the US. People…
Senator Marco Rubio supports Trump’s foreign policy in his confirmation hearing, addressing key global issues. Rubio Backs Trump During Confirmation Hearing for Secretary of State During the hearing, Rubio called out China as a major threat and said we need to wrap up the war in Ukraine. He echoed Trump’s worries about China’s influence over…
