Despite transatlantic ‘love fest’, EU charts third way in ties with US and China

US Secretary of State Antony Blinken’s first videoconference with European Union foreign ministers last month was so good humoured that some diplomats in Europe described it as a “love fest”. But two senior envoys who attended said there was no direct response from the ministers gathered in Brussels when Blinken said: “We must push back … Read more

Tencent loses over $43 billion in market value after China proposes new online gaming rules

Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing excessive gaming and spending. The draft guidelines from China’s National Press and Publication Administration sank the Hong Kong-listed shares of Tencent, NetEase and Bilibili — among the largest online gaming-related counters … Read more

CrowdStrike CEO George Kurtz on China, Microsoft and the SEC

George Kurtz, co-founder and chief executive officer of Crowdstrike Holdings Inc., during a Bloomberg Technology television interview at the RSA Conference in San Francisco, California, US, on Wednesday, April 26, 2023. David Paul Morris | Bloomberg | Getty Images CrowdStrike CEO George Kurtz has had a banner year. The cybersecurity firm has seen its stock … Read more