It was clear to most people that the recent congressional hearing of TikTok's CEO Chew Shou Zi was a setup.
The verdict of 'sell TikTok else ban it' has already been predetermined.
The hearing seemed to serve as a platform to voice concerns about TikTok's alleged ties to the Chinese government, rather than a genuine effort to engage in a business discussion.
It is about politics, not business, and TikTok is the scapegoat.
Some may argue that the US ban on...

The easiest way to answer the question is that a shareholder is a part owner of a business.
But let's make it more insightful and answer it from the perspective of an Income Statement.
The top line of an income statement is REVENUE. This is the amount of money the business took from its customers.
You often hear 'the customer is always right' because the customers contribute REVENUE and help the business pay everyone else.
The COST OF GOODS SOLD reflects th...

Hi, mooers!
This time we are bringing you a piece of great news: the layout of the "me" page has been updated! Now it's more concise and straightforward. Are you wondering what it looks like?
1. Why would we update the layout of the "Me" page?
As we are launching new features, the "Me" page carries more and more portals. The page will be overcrowded, which will not make investing easier and is against our mission. Therefore, we'd like to provide you with a more we...