TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Boeing Seeks FAA Emissions Waiver to Continue 777F Freighter Sales Amid Strong Cargo Demand 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
Elon Musk Wins Reinstatement of Historic Tesla Pay Package After Delaware Supreme Court Ruling 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
China's live-streaming industry achieved rapid growth during the pandemic with monthly registration of live streaming companies reaching 2,877 in May, 684 percent higher than in the same period last year.
Monthly registration of live-streaming has been hitting a record high since 2019, when annual registrations reached 5,684, which is 17 times higher from a decade ago, according to data released by Qcc.com.
Executives of retail firms have been live streaming to reach younger consumers in China amid the novel coronavirus pandemic.
Livestreaming has also helped China's poverty-stricken people find more ways to earn.
The local government of Yingkou city set a record 5 million yuan in a six-hour live streaming sales of goods such as rice, jellyfish, and paper-cuttings.
Livestreaming covers a multitude of enterprises, such as online games, entertainment, and e-commerce.
