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Chip deal: Why the US is taking a cut from China sales
Posted onSuranjana Tewari Asia Business Correspondent in Singapore Getty Images Nvidia boss Jensen Huang has been lobbying the White House over China chip sales Unusual. Quid pro quo. Unprecedented. That is some of the reaction to news that two of the world’s tech giants will pay the US government 15% of their revenue from selling certain…
Lindsey Oil Refinery to lose 125 jobs, official receiver says
Posted onStuart HarrattEast Yorkshire and Lincolnshire BBC The Lindsey Oil Refinery went into administration in June Almost a third of the workers at the Lindsey Oil Refinery are to lose their jobs. The Insolvency Service said 125 employees would be made redundant at the end of October, with 255 people remaining at the site at North…
Who owns TikTok now and how could it change for US users?
Posted onLiv McMahonTechnology reporter Getty Images TikTok has announced a deal allowing it to continue operating in the US. But with the platform’s future in the country seemingly secured, its 200 million American users are expected to see some changes. What is the US TikTok deal? A majority-American board now owns and operates a separate entity…
