Chinese web giant Tencent was added to a U.S. list of military-linked firms, spooking investors and triggering as much as a 7% plunge in its Hong Kong-listed shares.
This could be the start of a saga to rival TikTok’s troubles, and embroil Tesla and Microsoft The US Department of Defense has added Chinese messaging and gaming Tencent to its list of “Chinese military company”,
Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S. Department of Defense to its list of "Chinese military companies."
Chatbot is a computer program that’s designed to emulate human conversation and converse with human users. Learn more here.
The Pentagon's running list of companies with ties to the Chinese military now includes CATL, an integral partner to some U.S. automakers.
U.S. stock futures are little changed after indexes were mixed Monday; Nvidia stock adds to all-time high after CEO comments; and Uber shares climb after it announces collaboration with Nvidia on autonomous driving.
The Doge department is a nod to the shiba inu doge meme that's also linked to the dogecoin cryptocurrency, named by Elon Musk as his "favorite" cryptocurrency and accepted as payment by his Tesla car company—though Tesla continues to hold around 10,000 bitcoin worth around $1 billion on its balance sheet.
The Pentagon is banning a number of Chinese technology firms, including CATL, the world’s largest EV battery manufacturer, which provides batteries to Tesla.
Ford has a licensing agreement to manufacture electric vehicle batteries with technology from a Chinese company that's under scrutiny at the Pentagon.
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 military,
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Tencent Holdings and CATL, two of China's leading technology companies, are preparing legal challenges after being added to the U.S. Department of Defense's list of Chinese Military Companies on Wednesday.