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Switzerlands December consumer confidence index will be released in ten minutes.On January 12, in response to a statement from the US leader that China would strike Iran if it harmed protesters, Foreign Ministry Spokesperson Mao Ning stated at a regular press conference that China hopes the Iranian government and people can overcome current difficulties and maintain national stability. China consistently opposes interference in other countries internal affairs, consistently maintains that the sovereignty and security of all countries should be fully protected by international law, opposes the use of force or the threat of force in international relations, and calls on all parties to do more to promote peace and stability in the Middle East. Mao Ning said that China is closely monitoring the situation in Iran and has not yet received any reports of Chinese citizens being injured or killed in Iran. China will do its utmost to ensure the safety of Chinese citizens in Iran. Chinese citizens in Iran are advised to pay attention to the local security situation and take necessary measures to safeguard their own safety. If assistance is needed, they can contact the Chinese Embassy in Iran or call the consular protection hotline.The Hang Seng Tech Index continued its upward trend in the final minutes of trading, rising more than 3%, while the Hang Seng Index is currently up 1.34%.On January 12th, Jefferies Research reported that its preview of Bilibilis (09626.HK) Q4 2025 results is in line with the banks forecasts, with total revenue expected to remain unchanged at approximately 5% year-on-year, reaching RMB 8.1 billion. Jefferies maintains its "Buy" rating on Bilibilis (BILI.O) US-listed shares at US$34 and its Hong Kong-listed shares at HK$267. By business segment, the bank expects mobile game revenue to increase by 1% quarter-on-quarter but decrease by 15% year-on-year to RMB 1.52 billion (accounting for 20% of total revenue); online advertising revenue is expected to increase by 21% year-on-year to RMB 2.9 billion (accounting for 36% of total revenue), primarily driven by several growth factors, including daily active users, traffic, and revenue per thousand impressions (rMI). The report also noted the success of "Escape from Dwarkov" in the gaming sector, highlighting the companys strategy of focusing on leading positions in vertical categories, long-term product operation, and targeting the younger generation. According to the banks 2026 outlook report, artificial intelligence is predicted to be a key area, while the entertainment industry is favored due to its defensive nature.Iranian Foreign Minister: Internet services will be restored after coordination with security agencies.

New Jersey And Ohio Prohibit The Use of TikTok on Government-owned Devices

Charlie Brooks

Jan 10, 2023 10:49

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New Jersey and Ohio joined other states in prohibiting the use of the popular video app TikTok on government-owned and managed devices on Monday.


In addition to banning the short-video app owned by Chinese technology conglomerate ByteDance from state devices, Democratic New Jersey Governor Phil Murphy banned software vendors, products, and services from over a dozen companies, including Huawei, Hikvision, Tencent Holdings (OTC:TCEHY) LTD, ZTE (HK:073) Corporation, and Kaspersky Lab.


Murphy's office noted, "there are national security concerns regarding the user data that the Chinese government may demand from ByteDance."


In his order, the Republican governor of Ohio, Mike DeWine, stated: "Different covert data privacy and cybersecurity practices pose threats to national and local security and cybersecurity for users of these programs, platforms, and devices storing the applications."


TikTok did not immediately comment.


On Friday, Wisconsin Governor Tony Evers revealed his plan to outlaw the use of a popular video app with more than 100 million users in the United States.


Some Democratic governors have been slower than their Republican counterparts to ban TikTok on state-owned devices.


Christopher Wray, director of the FBI in the United States, claimed in November that TikTok poses concerns to national security, which prompted efforts to prohibit the app on government computers. Wray called attention to the risk that the Chinese government may manipulate users or seize control of their devices via the program.


According to a report by Reuters on Friday, TikTok has stopped hiring consultants who would help it implement a potential security cooperation with the United States, according to two individuals with knowledge of the issue, as more U.S. officials reject such a deal.


Since 2015, TikTok has endeavored to ensure Washington that the Chinese Communist Party or any other institution under Beijing's control cannot access or alter the personal information of American citizens.


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