Friday, January 29, 2021

Filing: Xiaomi has sued US Defense and Treasury departments, after the DOD blacklisted the company thereby blocking US investors from buying Xiaomi's securities (Bloomberg)

Bloomberg:
Filing: Xiaomi has sued US Defense and Treasury departments, after the DOD blacklisted the company thereby blocking US investors from buying Xiaomi's securities  —  - Pentagon had called it a ‘Communist Chinese military company’  — The move prohibits U.S. investors from buying Xiaomi's shares



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Lawmakers, TikTok staff, and others detail how TikTok lost the war in Washington, including due to CEO Shou Zi Chew's failure to build support on Capitol Hill (Wall Street Journal)

Wall Street Journal : Lawmakers, TikTok staff, and others detail how TikTok lost the war in Washington, including due to CEO Shou Zi Chew...