US Senate committee opens review into Meta’s efforts to gain access to China
CNN
A US Senate investigative subcommittee opened a review on Tuesday into efforts by Facebook parent Meta Platforms to gain access to the Chinese market and is seeking documents from the company.
A US Senate investigative subcommittee opened a review on Tuesday into efforts by Facebook parent Meta Platforms to gain access to the Chinese market and is seeking documents from the company. Senator Ron Johnson, who chairs the Permanent Subcommittee on Investigations, joined by Senator Richard Blumenthal, the top Democrat, and Senator Josh Hawley asked Meta CEO Mark Zuckerberg about allegations that it worked to build censorship tools for the Chinese Communist Party as part of its attempt to gain entry to the Chinese market, according to a letter seen by Reuters. The senators want Meta to disclose extensive records including all company communications or records of meetings with Chinese government officials since 2014. They want Meta to do this by April 21. The senators cited reports in the recently published book “Careless People,” by former Facebook executive Sarah Wynn-Williams, that in 2014 the company allegedly developed a “three-year plan” to gain access to the Chinese market. The initiative was code-named “Project Aldrin,” the book said. The senators’ letter said the “accounts are corroborated by internal records documenting these efforts reviewed by the Subcommittee.” A Meta spokesperson rejected the claims.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
For nearly 30 years, Kevin Keyes and his brother-in-law Bob Chambers have run Dry Brook Sugar House in Salem, New York.
Toys made in China have been exempt from tariffs since President Donald Trump’s first term. That is no longer the case.
Americans are rarely this pessimistic about the economy.
Inflationary pressures eased at the wholesale level last month, another indication of a strong economy before the bulk of President Donald Trump’s aggressive trade policies kicked in.
President Donald Trump and his advisers said this was the plan all along: Scare the bejesus out of the world by announcing astronomically high tariffs, get countries to come to the negotiating table, and — with the exception of China — back away from the most punishing trade barriers as America works out new trade agreements around the globe.
President Donald Trump’s crackdown on immigration is spooking Latino customers and hurting beer sales, according to Constellation Brands.
Retailers are freaking out over tariffs.
Chinese leader Xi Jinping has said his nation is “not afraid,” in his first public comment on the escalating trade war with the United States, as Beijing raised tariffs on US goods to 125%.
Global markets are reeling over President Donald Trump’s haphazard approach to tariffs and an escalating trade war with China. Stocks have been volatile, and an unsettling shift has emerged in the bond market.
So, what happens now that President Donald Trump has art-of-the-dealed his way out of his own centerpiece economic initiative because it nearly broke financial markets?
Inflation slowed sharply in March, new data showed Thursday, underscoring the continued strength and resilience of the economy ahead of President Trump’s aggressive trade moves.
If paying $1,000 for a new iPhone already sounded expensive, consumers should brace for even greater sticker shock later this year. President Donald Trump’s tariffs on foreign goods – specifically those sourced from China – are expected to heighten the prices of everyday tech products, from iPhones to laptops, cars and even smaller gadgets like headphones and computer mice.
The US stock market, fresh off its third-best day in modern history, is sinking back into reality: Although President Donald Trump paused most of his “reciprocal” tariffs, his other massive import taxes have already inflicted significant damage, and the economy won’t easily recover from the fallout.