After TikTok, Trump indicates banning Alibaba, other Chinese firms in US
WASHINGTON: US President Donald Trump has indicated that he was looking to ban other Chinese-owned companies, including e-commerce giant Alibaba in the United States, days after signing an executive order targetting TikTok's parent company, ByteDance, an American TV channel reported. These banned clones include Tiktok Lite, Helo Lite, SHAREit Lite, BIGO LIVE Lite and VFY Lite.
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TikTok brings Google and Facebook executives to help expansion plans
TikTok, The Chinese-owned video-sharing app, which already employs 1,400 people in the U.S., has hired dozens of staff from Google and Facebook including several high-profile executives to help the company expand rapidly within the region. TikTok and Facebook declined to comment. Worldwide, TikTok employs 172 ex-Googlers and 165 ex-Facebookers, according to an analysis on LinkedIn
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CNBC
Jack Ma to resign from SoftBank board
SoftBank announced that the co-founder of Alibaba, Jack Ma will resign from its board, in the latest departure by a high-profile ally of CEO Masayoshi Son. The departure of Ma, who retired as Alibaba’s executive chairman in September, comes as he pulls back from formal business roles to focus on philanthropy
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CNBC
Google has scrapped plans to build a smart city in Toronto
Dan Doctroff, CEO of Google’s sister company Sidewalk labs announced that the company has scrapped a plan to build a smart city in Canada due to the coronavirus pandemic. In a medium post, Doctroff said "As unprecedented economic uncertainty has set in around the world, and in the Toronto real estate market, it has become too difficult to make the 12-acre project financially viable”
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BBC
America's meat crisis laid bare as shelves sit empty across the country
Holes have continued appearing on meat shelves across America as the country faces a supply crisis after dozens of processing plants were forced to close or reduce capacity after coronavirus outbreaks among workers (pictured, a refrigerated meat section at a Whole Foods in Brooklyn, New York)
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