U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.
Read more at The New York Times
-
U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.CBS News - 14h -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - 19h -
Pentagon blacklists Tencent, largest Chinese EV battery maker
The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the Pentagon and defense industry due to their alleged ties with China's ...The Hill - 14h -
US Blacklists Tencent Over Alleged Ties With Chinese Military
In the world of video games, Tencent is one of the major players in part because it owns Riot Games--the company behind League of Legends --as well as stakes in other companies, including Epic ...GameSpot - 17h -
Tencent and CATL consider legal action over inclusion on Pentagon blacklist
Tech giant and biggest EV battery maker say designation as Chinese military companies is a ‘mistake’Financial Times - 20h -
US adds Tencent and CATL to blacklist of companies working with China’s military
Shares of WeChat owner and EV battery maker fall after defence department discloses designationFinancial Times - 23h -
Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.CNBC - 1d -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - 4d
More from The New York Times
-
How a Businessman Fleeing Fraud Charges Built a Life Offshore
Fleeing fraud charges, Samuele Landi evaded extradition treaties, dabbled in crypto, procured diplomatic credentials and took advantage of all the offshore world has to offer.The New York Times - 9h -
Exxon Sues California Official, Claiming He Defamed the Company
The lawsuit, an unusual strategy for the oil giant, comes after California’s attorney general sued Exxon last year alleging it misled the public about plastics recycling.The New York Times - 11h -
Golden Globes Stars Avoided Politics
Sunday’s show was Hollywood’s first megaphone since Donald Trump was elected to a second term. This time, there was barely a peep about it.The New York Times - 1d -
Michael Barr to Leave His Role as Fed Vice Chair for Supervision
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.The New York Times - 1d -
Golden Globes Ratings Decline Slightly to 9.3 Million Viewers
The show on Sunday averaged 9.3 million viewers, down from 9.4 million the year before.The New York Times - 12h
More in Business
-
Aviation industry faces a slew of challenges insiders say will take years to resolve
The aviation industry is bracing for another year of difficulties, as delivery delays at Boeing and supply chain problems are set to continue in 2025.CNBC - 49m -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - 57m -
Uniqlo owner hands Japan workers double-digit pay rise
Financial Times - 1h -
Chinese airlines rush into Europe as western carriers retreat
Ability to keep flying over Russia helps three big state-owned carriers undercut European rivalsFinancial Times - 2h -
Car companies have an infuriating software problem
Managing smooth updates is becoming ever important with the spread of EVs and more sophisticated systemsFinancial Times - 2h