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On July 25th, Trip.com issued an announcement regarding its sincere acceptance of the administrative penalty decision from the State Administration for Market Regulation: "Today, we received the Administrative Penalty Decision from the State Administration for Market Regulation. We sincerely accept and resolutely comply with this decision, and will strictly adhere to the regulatory requirements, systematically implementing all rectification measures to ensure their effective execution. We will take this penalty as an opportunity to deeply reflect on our actions, reform ourselves, resolutely abandon inefficient involution competition, and steadfastly pursue high-quality development. We will earnestly fulfill our primary responsibility to maintain fair competition in the industry, paying greater attention to the overall interests of our partners, consumers, and all sectors of society, and are committed to building a symbiotic, harmonious, and healthy cultural tourism ecosystem. Looking to the future, we will always adhere to the bottom line of compliant operation, improve our long-term governance mechanism, earnestly fulfill our corporate social responsibility, and contribute our due share to building my country into a tourism powerhouse."July 25th - The latest epidemic report released by the Ministry of Health of the Democratic Republic of Congo (DRC) on the 24th shows that the cumulative number of confirmed cases of Ebola in the country has risen to 2,905, with 1,269 deaths. The report states that the significant increase in confirmed cases and deaths is mainly due to the DRC health authorities completing a unified calibration of regional and national databases on the 22nd, adding some previously uncounted cases. The report shows that as of the 22nd, a total of 722 patients were receiving isolation or hospitalization treatment, and a total of 519 cases have recovered.According to the Associated Press, the U.S. military said on Friday that it fired on another merchant ship attempting to break its blockade of Iranian ports. The U.S. military rendered the oil tanker M/T Lavine unable to navigate in the Gulf of Oman.On July 25, the State Administration for Market Regulation (SAMR) imposed administrative penalties on Trip.com Group Co., Ltd. for abusing its dominant market position and engaging in monopolistic practices, with fines and confiscations totaling 5.179 billion yuan. SAMR will supervise Trip.com to conduct a comprehensive rectification, publicly disclose rectification measures, accept public supervision, effectively protect the legitimate rights and interests of hotel operators and consumers, maintain a market order of quality and fair pricing, and promote industry innovation and healthy development.UBS lowered its target price for T-Mobile US (TMUS.O) from $255.00 to $235.00.

Governor of Wisconsin Bans TikTok on State-owned Devices For Security Reasons

Aria Thomas

Jan 13, 2023 11:26

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In addition to forbidding the use of Chinese-owned TikTok on state-owned smartphones, the Democratic governor announced a ban on suppliers, products, and services from nine companies, including Huawei Technologies, Hikvision, Tencent Holdings (OTC:TCEHY), ZTE Corporation (HK:07), and Kaspersky Lab.


Evers stated, "In the digital age, defending our state's technology and cybersecurity infrastructure and digital privacy must be our state's top concern."


As of this week, over twenty additional states, including Ohio, New Jersey, and Arkansas, have banned TikTok on state-owned devices.


TikTok claimed that it was "disappointed that so many states are jumping on the political bandwagon to pass legislation that do nothing to improve cybersecurity in their own areas and are based on false claims about TikTok."


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.


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.


A government finance bill signed into law last month by President Joe Biden barred federal employees from downloading or using TikTok on government-owned devices.


The law gives the White House's Office of Management and Budget (OMB) sixty days to "develop criteria and recommendations for executive agencies mandating the removal" of TikTok from federal equipment. The OMB declined to comment on Thursday.


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