Business

TikTok don’t be sale

US congress has approved a ban to TikTok If chinese parent company Bytedance don’t sell it. But it says it has no intention of selling the business after the US passed a law to force it to sell the hugely popular video app or be banned in America.

“ByteDance doesn’t have any plans to sell TikTok,” Bytedance said in statement on Chinese social media Toutiao.

It comes after foreign media has explored the options to the future of social media in US after congress has approved a law which sell or ban TikTok in US until 2025 in cause of data of US citizens can be share to Chinese government to put in danger US national security.

What’s it means: If you dance and posted it on Tiktok. You’re a risk to national security in US.

EV: Tesla cuts prices in major markets to boost sales while Musk stays on X for nothing

Elon Musk face many problems with Tesla Motors. According to Reuters news agency. Tesla will launch a new round of cut prices to boost their sales and revenues in Europe, North America and China in face a struggle to compete with Chinese carmakers like Nio, BYD and newly Xiaomi. Posting on X, Musk said “Tesla prices must change frequently in order to match production with demand”. Tesla has fails to deliver their cars to customers. What’s it means: Don’t mock Chinese carmakers.

US: Volkswagen workers votes to join to UAW for Republican despair

Unions has grown in US. The workers of Volkswagen’s plant in Chatanooga, Tennessee has voted to unionizes themselves and join to United Autoworkers Union to give a mandate to negotiates wage deals with German Carmaker. It can be rejected by Republican governor Bill Lee. UAW has targeted 13 foreign carmakers plants in South US states to unionizes according to UAW leader Shawn Fain. The next battle is Mercedes factory in Alabama which the vote is schedule for next May. UAW has grown their membership and gains supports from Democrats like president Joe Biden. What’s it means: Republicans has unionphobia

South Korea: DPK has a landslide win in Parliament polls instead Yoon Suk-yeol don’t now the prices of Green Onions

On Wednesday, South Korea has hold parliamentary elections. The Opposition DPK Party has won with landslide majority with 192 of 300 seats in Parliament to retain it. The ruling People of Power Party has announced the party leader Han Dong-hoon and Prime-Minister Han Duck-soo offered their resignation letters. It’s a huge blow to president Yoon Suk-yeol in cause of cost of living crisis such as inflation and mortgages.

“This isn’t the Democratic Party’s victory but a great victory for the people,” said DPK leader Lee Jae-myung on Thursday.

“Politicians on both sides of the aisle must pool our strength to deal with the current economic crisis. The Democratic Party will lead the way in solving the livelihood crisis,” he told reporters.

The gafe of president Yoon don’t know the prices of Green Onions in his visit to supermarket has sparked criticism by the public. He said the price at 875 won (£0.51; $0.65) was “reasonable”. Normally, it costs between 3.000 and 4.000 wons with no discounts or subsidies.

https://bbc.com/news/world-asia-68785969

What’s it means: Don’t go to the market in Seoul if you don’t know the prices of green onions in case your party to lose parliamentary polls.

Toyota is under investigation from safety to recalls in US and Japan for don’t make good japanese cars again

The japanese carmaker has big trouble ahead. In Japan, the low cost brand Daihatsu has been investigated by japanese authorities due to safety concerns on their airbags devices which halts the exports from other asian markets. It affects others brands like Mazda and Nissan. In USA, 1 million cars to be recall by the carmaker from the same issue. What’s it means: People don’t trust japanese cars again

Red sea is a new route…..to high inflation and oil prices

Red Sea is a new trouble for global trade. Iemen’s Houthi Rebels has launched attacks ship which cross the Red Sea going to Suez Channel in Bab al-Mandab strait. The ships uses this route to travel from Asia to Europe. The alternative for it is Cape of Good Hope which raises costs and delay deliveries. US has announced a new coalition to provide safety their. What’s it means: High inflation….is coming.

Join to the union pickett

US president Joe Biden has made a short speech in a pickett organised by UAW, the union who represents Auto Workers. UAW is on strike for better payments and shorten weeks He said the workers deserves better jobs and wages. It’s a first time of sitting president has visited a pickett line in US history. Former president Donald Trump will go in a rally in Detroit on next wednesday. But union members has avoid the movement goes to politics to don’t lose their appeal for the cause. What’s it means: Workers, to be united for better wages and divided on politic issues.

Is a new stadium to be pay by taxpayers?

In US, NFL franchise Jacksonville Jaguars unveils a new upgrade project for its stadium on Duval County. The new one is replace the TIAA Bank Stadium and its problems such as restaurants with poor food. The team has a new perspectives with quarterback Trevor Lawrence and Head Coach Doug Pederson. The owner is Shadiq Khan who owns english football club Fulham F.C. But the costs don’t be reveal yet. What’s it means: The taxpayer will pay it at the end.

Offered by Tesla Motors

US carmaker Tesla don’t make advertising actions…until now. The CEO and founder Elon Musk must be consider it as expirement in next future to grow sales of their electric cars in US. In Europe and China, Tesla goes well. But other carmakers has invested in EVs to attend laws to end internal combustion engines at the end of 2030. What’s it means: Tesla ad at SuperBowl…