The short video app is facing a January 19 deadline for a ban in the US, unless its Chinese owner ByteDance divests its US operations

Chinese state media says the development could lead to “overwhelmingly unfavourable consequences” for Taiwan and global chip supply chains

The app and its Chinese parent have maintained that selling off US operations was not possible as it would be a complicated process that would also be prohibited by Beijing

This is the second time BYD has overtaken Tesla as the world’s biggest seller of electric vehicles in a quarter

The US Commerce Department said it was concerned about ‘adversaries’ remotely accessing and manipulating drones

Despite the sales bump, though, Tesla is still close to losing its top global EV-seller crown to Chinese rival BYD

Chinese government hackers who breached the US Treasury Department last month targeted the office that administers economic sanctions, according to a new report

Researchers say the TikTok owner's planned spending on computing power 'will drive progress' in China’s artificial intelligence industry

Chinese firms have stepped up their purchases of materials needed to make chips and electronics from US suppliers ahead of the new year

The US President-elect says a pause would give his administration time to pursue a "political resolution" to the issue

Workers at the site, which was to be BYD's first EV factory outside of Asia, faced forced labour, long working hours, and sleep deprivation caused by inadequate housing conditions

“The only way to beat China is to stay ahead of them," US Commerce Secretary Gina Raimondo said in an interview