Elon Musk appeared to be in a defiant mood Wednesday when he stood before employees at Tesla’s factory near Berlin a week after an arsonist set fire to a high-voltage power pylon and brought production to a standstill. “They can’t stop us,” Mr. Musk, the company’s chief executive, told workers in a giant tent beside the plant. But there are proliferating signs that Tesla may not be as unstoppable as it once seemed. The company’s car sales are no longer growing at a torrid pace. Chinese automakers and established brands…
Category: NYT
TikTok Fight Cast Shadow Over Investments in Other Chinese Companies
When investors talk about “zombie” companies, they’re usually referring to distressed start-ups that are hobbling along, unable to grow and unlikely to ever return the money they’ve raised. But as deal makers feverishly debated efforts this week by lawmakers to force TikTok’s Chinese parent company, ByteDance, to sell the app, they talked about a new version: China zombies. China zombies may have booming businesses, but they’re unlikely to provide investors with any immediate return because they’re stuck in geopolitical cross hairs. It’s not just the investors in ByteDance who, after…
Was He Secretly Working for China? This Is What He Told Us.
Not long after we first met, the man said that if Australia was looking for Chinese spies, he was just the type of person they would be looking at — but the authorities would never “dare say I’m Chinese intelligence.” Given the anti-China fervor in Australia, he acknowledged he could come off as suspicious. So why would he not get into trouble with the authorities? He believed that it would be embarrassing for Australia to accuse of him of spying because he had been an active member of a major…
Who Australia Caught When It Went Looking for Chinese Spies
The police officers asked the man what he meant when he said that involving an Australian government minister in a charity event could benefit “us Chinese.” Was he talking about mainland China and the Chinese Communist Party, or the local Australian Chinese community? Depending on the answer, he faced up to 10 years in prison. “You are understanding the Chinese is China. We always say, ‘I’m Chinese,’ that not mean, ‘I’m mainland China,’” said the man, Di Sanh “Sunny” Duong, who was brought in for questioning. The officer pressed on,…
TikTok Bill’s Progress Slows in the Senate
After a bill that would force TikTok’s Chinese parent company to sell the app or face a nationwide ban sailed through the House at breakneck speed this week, its progress has slowed in the Senate. Senator Chuck Schumer of New York, the Democratic leader who determines what legislation gets a vote, has not decided whether to bring the bill to the floor, his spokesman said. Senators — some of whom have their own versions of bills targeting TikTok — will need to be convinced. Other legislation on the runway could…
Russia Strengthens Its Internet Controls in Critical Year for Putin
Russia is ratcheting up its internet censorship ahead of elections this weekend that are all but assured to give President Vladimir V. Putin another six years in power, further shrinking one of the last remaining spaces for political activism, independent information and free speech. The Russian authorities have intensified a crackdown against digital tools used to get around internet blocks, throttled access to WhatsApp and other communications apps in specific areas during protests, and expanded a program to cut off websites and online services, according to civil society groups, researchers…
What China Is Saying About the TikTok Furor in Washington
This is not the first time that China has seen a frenzy over TikTok consume Washington. In 2020, former President Donald J. Trump issued an executive order that would have forced TikTok’s Chinese owners to sell the popular app. But Beijing foiled a takeover bid by American buyers by slapping curbs on technology exports. Last year, Montana lawmakers enacted a ban on TikTok in the state, but the law was blocked by a federal judge before it could take effect. Now, U.S. lawmakers are again attempting to force ByteDance, TikTok’s…
TikTok Is Its Own Worst Enemy
I was really rooting for TikTok. In 2020, when the Trump administration first tried to force TikTok’s Chinese owner, ByteDance, to sell the app or risk having it shut down, I argued that banning TikTok in the United States would do more harm than good. Why? Partly because TikTok seemed like a convenient scapegoat for problems — invasive data collection, opaque content policies, addictive recommendation algorithms — that plagued all the big social media apps, and partly because I never bought the argument that the app was a Chinese spying…
Taiwan Is Building a Satellite Network Without Elon Musk
In Taiwan, the government is racing to do what no country or even company has been able to: build an alternative to Starlink, the satellite internet service operated by Elon Musk’s rocket company, SpaceX. Starlink has allowed militaries, power plants and medical workers to maintain crucial online connections when primary infrastructure has failed in emergencies, such as an earthquake in Tonga and Russia’s invasion of Ukraine. Officials in Taiwan face constant reminders that its communication infrastructure must be able to withstand a crisis. The island democracy sits 80 miles from…
TikTok Turns to Creators to Fight Possible Ban
Facing a possible ban in the United States, TikTok has scrambled to deploy perhaps its most powerful weapon: its creators. The hugely popular video service began recruiting dozens of creators at the end of last week, asking them to travel to Washington to fight a bill being debated in Congress. Under the proposal, TikTok’s Chinese owner, ByteDance, would need to sell the app or it would be blocked in the United States. Many of the creators have met with lawmakers and posted videos about their opposition to the bill with…