U.S. President Donald Trump's decision to ban dealings with ByteDance Ltd., owner of video-sharing sensation TikTok, appears to codify what his administration has already been warning. A second edict targeting messaging app WeChat and its parent, Tencent Holdings Ltd., seems weirdly overdue. The executive orders issued by the White House go beyond stopping average Americans from becoming unwitting spies for the Communist Party through their postings and data. The implications could hurt not only the Chinese targets, but also the U.S. companies they work with, including Apple Inc. and Alphabet Inc.'s Google. Read the whole thing. Good Covid-19 News From Italy … and Sweden — Lionel Laurent Hezbollah Will Not Escape Blame for Beirut — Hussein Ibish The Odds of Catching Covid on a Flight Are Slim — Faye Flam Let's Hire Laid-Off Oil and Gas Workers to Fight Climate Change — Michael R. Bloomberg TikTok Could Become Microsoft's Deal of the Decade — Tim Culpan Why Markets Don't Seem to Care If the Economy Stinks — Barry Ritholtz India's Hindu Nationalists Reverse the Tide of History — Mihir Sharma Gold Is Expensive, and May Be Just Warming Up — John Authers Great News About Births During Covid-19 — Andreas Kluth This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the 10 most popular stories Bloomberg Opinion published this week based on web readership. |
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