WeChat

A Biden administration could prompt a US-led coalition that heaps even more pressure on Chinese tech firms.

Tencent share prices rose 4.1 % on Tuesday following the court’s decision.

Measure would open door to retaliation for Washington’s targeting of TikTok and WeChat.

With the platform extending the maximum length for videos and introducing other updates, Channels could be WeChat’s next battleground to drive sales.

Chinese fintech businesses could be the next target of the Trump administration, despite of having little presence in the United States.

And its one last competitor Tencent Weibo just closed up shop.

Commerce Secretary Wilbur Ross is set to release regulations by Sunday clarifying which WeChat transactions will be prohibited.

The company has been planning to shift some of its business operations, such as international game publishing, out of China as tensions rise between Washington and Beijing.