Thursday, June 3, 2021

Unlike Alibaba, Tencent has so far avoided an antitrust crackdown in China, likely due to it investing in upstarts instead of driving them out of business (Li Yuan/New York Times)

Li Yuan / New York Times:
Unlike Alibaba, Tencent has so far avoided an antitrust crackdown in China, likely due to it investing in upstarts instead of driving them out of business  —  Tencent's popularity may help it avoid trouble with Beijing.  But its vast power could still squelch innovation in the world's largest online market.



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US Commerce Secretary Howard Lutnick says consumer electronics exempt from tariffs may be included in semiconductor tariffs likely coming in "a month or two" (Aime Williams/Financial Times)

Aime Williams / Financial Times : US Commerce Secretary Howard Lutnick says consumer electronics exempt from tariffs may be included in s...