Friday, Apr 11, 2025 // (IG): BB // GITHUB // SN R&D
Senator Warns China Could Access 23andMe Genetic Data Through Bankruptcy Sale
Bottom Line Up Front (BLUF): Senator Bill Cassidy has urged the U.S. Treasury to block the potential sale of 23andMe’s genetic database to foreign adversaries, citing concerns that China could exploit Americans' genetic data. Following 23andMe’s bankruptcy filing, the company received court permission to treat genetic data as an asset for sale, sparking major national security and privacy alarms. Cassidy calls for immediate intervention through the CFIUS process to prevent foreign access.
Analyst Comments: China's potential acquisition of vast amounts of Americans' genetic data poses significant cybersecurity and national security risks. Access to such data could facilitate targeted espionage, influence operations, or even bioweapon research tailored to specific populations. This event underscores the urgent need for stronger protections for biometric and genomic data, especially during corporate bankruptcies. Future cybersecurity frameworks must address handling sensitive personal data as a strategic national resource, not just a consumer privacy issue.
FROM THE MEDIA: Senator Bill Cassidy sent letters to both Treasury Secretary Scott Bessent and 23andMe, raising concerns about the firm’s sale of its genetic database. Cassidy, who chairs the Senate Health, Education, Labor, and Pensions Committee, warned that Chinese entities have previously sought to exploit U.S. legal loopholes to obtain personal data for intelligence purposes. Despite consumer complaints and FTC warnings, 23andMe has not committed to measures ensuring the protection of customer information. The Treasury Department was urged to use CFIUS to intervene, while the FTC has appealed to the DOJ to uphold 23andMe's existing privacy policies in any sale.
READ THE STORY: The Record
Top Chinese General Purged in Xi Jinping’s Latest Military Shake-Up
Bottom Line Up Front (BLUF): General He Weidong, the second-highest officer in China’s People’s Liberation Army (PLA) and a key figure in the Communist Party’s Politburo, has been purged in President Xi Jinping’s ongoing military anti-corruption campaign. His removal marks the most senior military dismissal in China in over 50 years and comes at a time of heightened internal and external pressures, including economic shocks and military tensions with Taiwan and the West.
Analyst Comments: The purge of a senior Central Military Commission (CMC) leader highlights internal instability within China’s top military ranks, raising potential risks for both domestic control and external military operations. For cybersecurity analysts, leadership turmoil within the PLA suggests possible vulnerabilities in China's cyber command-and-control structures and strategic decision-making. It could also delay or disrupt China’s cyber operations, although historically, the PLA has compartmentalized operational units to maintain resilience during political upheavals. Meanwhile, intensified loyalty purges may lead to even tighter political oversight over military cyber activities.
FROM THE MEDIA: General He Weidong, the number-two vice chair of China’s Central Military Commission, was removed from office under allegations of corruption. His removal follows earlier purges of top Rocket Force commanders and two former defense ministers. Observers note that his absence from several high-level events fueled speculation before confirmation of his interrogation and ousting. Analysts like Neil Thomas from the Asia Society Policy Institute state that Xi’s crackdown aims to strengthen the PLA's loyalty and combat readiness, especially amid the pressures of a slowing economy and escalating U.S.-China trade and security tensions.
READ THE STORY: FT
Trump Administration Plans Major Cuts to CISA Workforce Amid Political Scrutiny
Bottom Line Up Front (BLUF): The Cybersecurity and Infrastructure Security Agency (CISA) is preparing to cut approximately 1,300 staff members — around half of its full-time employees and 40% of its contractors — under pressure from the Trump administration. The cuts target critical offices, including the National Risk Management Center and Stakeholder Engagement Division, and reflect ongoing political tensions over CISA’s handling of election-related disinformation.
Analyst Comments: Significant reductions at CISA could weaken U.S. national cybersecurity resilience, especially amid growing threats from nation-state actors and ransomware groups. Politically motivated downsizing of a major cybersecurity agency raises concerns about the politicization of cyber defense. If cuts proceed as planned, it may disrupt public-private threat intelligence partnerships and critical infrastructure risk management for years, potentially exposing vulnerabilities in energy, telecom, and elections.
FROM THE MEDIA: CISA’s planned workforce reduction stems from intensified scrutiny by the Trump administration, particularly criticism over CISA’s alleged suppression of conservative speech. Cuts will heavily impact the agency’s National Risk Management Center and regional operations. Officials also hinted that regional directors could become political appointees. While early retirement incentives are being offered, the overall future of CISA’s structure remains uncertain. Senate Democrats and cybersecurity experts have voiced concerns that these changes could undermine U.S. cyber defense capabilities.
READ THE STORY: The Record
Germany’s ‘BlackRot’ Coalition Forms Amid Trump Tariffs and Economic Pressures
Bottom Line Up Front (BLUF): Germany’s Christian Democrats and Social Democrats have finalized a coalition deal that will see Friedrich Merz likely become Chancellor in early May 2025. Pressured by Donald Trump’s new tariffs on European goods and a stagnant economy, the coalition plans a €1 trillion investment package. However, economists criticize the deal for lacking bold structural reforms needed to restore robust growth amid growing political and economic uncertainty.
Analyst Comments: Germany's coalition agreement shows a cautious approach to economic modernization at a time when cyber resilience, defense investment, and digital transformation are urgent. Although the new government plans to create a ministry focused on digitization and modernization, the lack of aggressive structural reforms may delay critical cybersecurity upgrades across key sectors. As Europe faces increasing hybrid threats—economic, cyber, and military—the effectiveness of Germany’s new government in addressing digital vulnerabilities and critical infrastructure protection will shape the country’s resilience to external shocks, including trade wars and cyberattacks.
FROM THE MEDIA: CDU leader Friedrich Merz and SPD co-leader Lars Klingbeil finalized a coalition agreement amid escalating global instability. Trump’s 20% tariffs on European goods and Russia’s continued threats over Ukraine accelerated the formation of the so-called “BlackRot” coalition. The agreement includes a €1 trillion investment plan, tax cuts for businesses starting in 2028, and a minimum wage increase to €15 per hour. Although the coalition promises to modernize the government and strengthen defense capabilities, analysts note a disappointing lack of major supply-side reforms, leaving Germany vulnerable to deeper economic stagnation and security risks.
READ THE STORY: FT
China’s Xi Jinping Heads to Southeast Asia to Bolster Alliances Amid U.S. Trade Escalations
NOTE:
If China pulls Southeast Asia into its orbit, the U.S. risks losing military access to key bases like Cam Ranh Bay (Vietnam) and naval cooperation along vital trade routes like the South China Sea. Economically, China could control regional supply chains, isolating U.S. tech and defense industries. Politically, countries like Malaysia, Vietnam, and Cambodia could align with Beijing’s model, undermining U.S.-led initiatives on cybersecurity, human rights, and free trade, while China rewrites international norms to its advantage.
Bottom Line Up Front (BLUF): Chinese President Xi Jinping will visit Vietnam, Malaysia, and Cambodia from April 14–18, marking his first overseas trip of 2025. The diplomatic outreach comes as trade tensions with the United States deepen, following the imposition of harsh reciprocal tariffs under President Trump’s administration. China seeks to strengthen ties with neighboring nations also impacted by U.S. economic measures.
Analyst Comments: Xi's regional diplomacy signals Beijing’s urgent need to offset growing economic isolation from the West by deepening alliances within Southeast Asia. While some nations like Vietnam and Malaysia are pursuing negotiations with Washington, China’s personal diplomatic efforts aim to position it as a stable partner amidst global uncertainty. If successful, this could recalibrate regional trade dynamics and dilute U.S. influence over Asian markets already wary of becoming collateral damage in escalating U.S.-China trade wars.
FROM THE MEDIA: Xi’s upcoming visits will focus on reinforcing political and economic ties with Vietnam, Malaysia, and Cambodia. China's strategy is partly driven by the fallout from Trump's steep tariffs—145% on Chinese goods—implemented earlier this month. Xi’s outreach contrasts sharply with bilateral talks many Southeast Asian countries are pursuing with the U.S. to ease their own tariff burdens. Chinese state media has emphasized historical and cultural bonds with these nations, while Beijing also courts broader support against the U.S.-led tariff regime by engaging global partners like the EU and Saudi Arabia.
READ THE STORY: Reuters
Estonia Proposes Law Allowing Navy to Sink Merchant Ships Threatening Undersea Cables
Bottom Line Up Front (BLUF): Amid rising concerns over Baltic Sea infrastructure security, Estonia's parliament is considering a law allowing its Navy to sink merchant ships endangering critical submarine cables. The proposal follows multiple cable breaks that, while suspected to be accidental, have heightened fears of Russian sabotage. The legislation would be reserved for extreme cases where lives or critical infrastructure are at risk.
Analyst Comments: Protecting undersea cables is increasingly recognized as a national security and cybersecurity imperative, as these cables carry the vast majority of the world’s internet and financial data. Estonia's proposal reflects how hybrid threats—blending physical sabotage with cyber risk—are reshaping military doctrines. However, aggressive actions like sinking ships raise legal and diplomatic risks, especially regarding freedom of navigation under international law. If passed, this law could set a precedent for other NATO members amid growing concerns about undersea infrastructure vulnerability.
FROM THE MEDIA: Estonia’s parliament (the Riigikogu) will hold the first reading of a bill authorizing the Navy to sink merchant ships threatening submarine cables after evacuating their crews. The bill responds to fears of covert sabotage following unexplained cable breaks in the Baltic Sea, although no direct Kremlin involvement has been confirmed. National Defence Committee chairman Grigore-Kalev Stoicescu emphasized it would be used only in extreme emergencies. Critics, including former Navy commander Jüri Saska, warn that the small Estonian Navy may lack the capacity for such operations and that indiscriminate sinking could create environmental hazards and diplomatic fallout.
READ THE STORY: The Record
Gamaredon Deploys GammaSteel Malware via Infected Drives to Breach Western Military Mission in Ukraine
Bottom Line Up Front (BLUF): The Russia-linked cyber group Gamaredon (Shuckworm) targeted a Western military mission in Ukraine using an infected removable drive to deliver updated GammaSteel malware. The attack, first detected on February 26, 2025, involved a multi-stage infection chain exploiting legitimate services like Telegram to evade detection and exfiltrate sensitive files.
Analyst Comments: Gamaredon’s tactics highlight the persistent cyber threat environment surrounding Ukraine, with Russian-aligned actors adapting and enhancing their tools despite limited sophistication. Their focus on stealth, leveraging legitimate web platforms for C2 communication, and constant minor upgrades to malware strains suggest a continued evolution toward more resilient espionage operations. Western military and diplomatic missions should expect further cyber intrusions using low-complexity, high-persistence techniques like removable media infections.
FROM THE MEDIA: Symantec’s Threat Hunter Team revealed that Gamaredon launched a cyber attack against a Western military mission in Ukraine. The group used an infected USB drive to deliver a multi-stage malware chain culminating in an upgraded GammaSteel infostealer. The infection chain involved registry manipulation, PowerShell payloads, and abuse of services like Teletype and Telegram to establish C2 connections. GammaSteel focused on stealing files from key user directories. This attack, detected between February 26 and March 1, shows increased sophistication from a group known for persistent but basic cyber espionage campaigns targeting Ukraine.
READ THE STORY: THN
U.S.-China Trade War Escalates with New Tariffs, Triggering Global Economic Risks
Bottom Line Up Front (BLUF): The United States has sharply increased tariffs on Chinese imports, pushing total duties to 145% under President Trump's second term. This escalation threatens to freeze U.S.-China trade, upend global supply chains, and destabilize both economies, with early signs already showing declines in shipping and financial market turmoil. Analysts warn the move could reignite inflation and increase recession risks in the U.S. while forcing China to rethink its growth model.
Analyst Comments: The intensified U.S.-China trade war marks a decisive shift toward "economic decoupling," with severe long-term consequences for global commerce and cybersecurity infrastructure. Businesses dependent on Chinese manufacturing may face price hikes, supply shortages, and new vulnerabilities as they scramble to diversify suppliers. In the near future, rising economic nationalism could further fragment the digital economy, prompting cybersecurity shifts such as new compliance standards and export control regimes. If the trade dispute continues unchecked, broader global instability—both economic and cyber—could be a likely outcome.
FROM THE MEDIA:President Trump announced a steep increase in tariffs on Chinese goods, bringing cumulative duties up to 145%, while offering a 90-day reprieve to other trading partners. The move immediately disrupted trans-Pacific trade, with U.S. factories canceling orders and Chinese manufacturers placing workers on leave. JPMorgan warned of a likely U.S. recession, and market volatility surged. U.S. businesses like Walmart suppliers and smaller retailers such as Lay-n-Go faced massive cost pressures, while Chinese firms reported order cancellations and anticipated factory shutdowns. Analysts estimate China’s exports to the U.S. could be halved, pushing Beijing to overhaul its export-driven economic model.
READ THE STORY: WSJ
Cell C Confirms Major Data Leak After RansomHouse Cyberattack in South Africa
Bottom Line Up Front (BLUF): South African telecom provider Cell C disclosed that hackers leaked sensitive customer data to the dark web following a 2024 cyberattack by the RansomHouse group. The breach, affecting its 7.7 million subscribers, exposed personal and financial information, heightening risks of phishing and identity theft.
Analyst Comments: The Cell C breach reflects the growing threat posed by data extortion groups like RansomHouse, which favor public data leaks over traditional ransomware encryption. Telecom providers, handling vast stores of personal data, are becoming prime targets. As Cell C struggles with potential fallout, including reputational damage and regulatory scrutiny, other regional providers may also face increased pressure to bolster cybersecurity defenses against similar extortion-driven attacks.
FROM THE MEDIA: South Africa’s fourth-largest mobile network operator, confirmed a major data breach after an attack by the RansomHouse group. The cybercriminals allegedly stole 2TB of data, exposing customer names, ID numbers, banking details, medical records, and passports on the dark web. Cell C said it is working with cybersecurity experts and authorities to contain the breach and has warned customers to be vigilant against fraud attempts. RansomHouse, active since 2022, has previously targeted major organizations like AMD and Shoprite Group through data theft and extortion without deploying ransomware encryption.
READ THE STORY: The Record
China, Japan, and South Korea Coordinate on U.S. Tariffs Fallout Amid Global Market Uncertainty
NOTE:
Although Japan and China are currently cooperating on economic issues like the impact of U.S. tariffs, a true alliance between them is highly unlikely due to deep historical, territorial, and strategic tensions. Historical grievances from Japan’s actions during World War II, ongoing disputes over the Senkaku/Diaoyu Islands, and competing regional ambitions create significant distrust. Japan is also a key U.S. ally, making it strategically aligned against China’s broader goals. While economic ties are strong and short-term cooperation on financial stability is possible, the two countries' rivalry, nationalist sentiments, and political differences make any lasting alliance unrealistic.
Bottom Line Up Front (BLUF): Top finance and central bank officials from China, Japan, and South Korea met on April 8–9, 2025, to discuss the impact of U.S. tariffs on global and regional economies. The People's Bank of China (PBOC) stated it would adopt a moderately loose monetary policy to stabilize financial markets and support economic recovery. The talks underscore mounting concerns across Asia about the destabilizing effects of escalating trade tensions initiated by the U.S.
Analyst Comments: The coordination between Asia’s major economies signals that regional players are preparing for a prolonged period of financial instability linked to U.S. tariff policy. While the meeting focused on macroeconomic impacts, cybersecurity risks such as financial cyberattacks, supply chain disruptions, and heightened exposure to geopolitical cyber threats could also escalate as monetary and trade policies tighten. Future discussions may evolve to include cybersecurity cooperation frameworks as economic fragmentation deepens.
FROM THE MEDIA: According to a statement from the People's Bank of China, finance and central bank deputies from China, Japan, and South Korea convened in Malaysia on April 8–9, 2025. They exchanged views on the macroeconomic impacts of U.S. tariff increases and explored options for enhanced regional financial cooperation. The PBOC pledged a moderately loose monetary stance to ensure the smooth operation of financial markets and consolidate economic recovery momentum. This meeting took place amid sharp declines in global stock markets and heightened financial volatility following U.S. tariff escalations.
READ THE STORY: Reuters
NVIDIA’s Incomplete Patch for CVE-2024-0132 Leaves Systems Exposed to Container Escapes
Bottom Line Up Front (BLUF): An incomplete fix for the critical CVE-2024-0132 vulnerability in the NVIDIA Container Toolkit has been discovered, allowing container escape attacks and unauthorized host access. The flaw, now assigned CVE-2025-23359, affects Docker environments on Linux and poses risks of privilege escalation and denial-of-service (DoS) incidents.
Analyst Comments: This finding underscores the growing complexity of container security and the importance of validating patches beyond initial disclosures. Incomplete remediation opens critical infrastructure to persistent exploitation. Organizations using NVIDIA’s toolkit must urgently update to the latest version, tighten Docker API access controls, and implement proactive monitoring of mount table anomalies to mitigate emerging risks of privilege escalation and service disruption.
FROM THE MEDIA: Trend Micro revealed that NVIDIA’s September 2024 patch for CVE-2024-0132 failed to resolve the TOCTOU vulnerability affecting its Container Toolkit fully. The flaw permits attackers to escape container isolation and execute commands on the host system with root privileges if the "allow-cuda-compat-libs-from-container" feature is enabled. The newly assigned CVE-2025-23359 highlights the persistence of the flaw. Additionally, researchers found a performance issue in Docker for Linux, where improper mount cleanup can lead to file descriptor exhaustion and DoS. Security experts recommend rigorous monitoring and limiting container privileges to counteract these threats.
READ THE STORY: THN
U.S. Urged to Counter China's Taiwan Threat Using Nonmilitary Gray-Zone Tactics
Bottom Line Up Front (BLUF): As China ramps up military exercises around Taiwan, U.S. policymakers are being urged to shift strategies—using nonmilitary "gray-zone" tactics instead of traditional military deterrence. Options such as restricting Chinese student visas or leveraging economic and diplomatic pressure could impose meaningful costs on Beijing without escalating into open conflict. Experts warn that unless the U.S. acts more assertively, China may gradually isolate and subjugate Taiwan through incremental moves.
Analyst Comments: This strategic shift recognizes that modern conflicts increasingly play out in economic, cyber, and information domains before military confrontation. Gray-zone tactics like visa restrictions, trade penalties, or cyber pressure could be scalable deterrents against China’s aggressive posture toward Taiwan. However, these tactics need careful calibration to avoid unintended retaliation, particularly in sensitive areas like cyber espionage, critical infrastructure attacks, or financial system disruption. Taiwan's digital resilience and cybersecurity posture will become even more critical as tensions grow.
FROM THE MEDIA: The Wall Street Journal published an opinion piece by Michael Sobolik advocating for a more agile U.S. approach to defending Taiwan. Highlighting China's increasingly aggressive military drills—including air and naval incursions and potential blockade rehearsals—Sobolik warns that Beijing is perfecting "gray-zone" strategies to isolate Taiwan without provoking full-scale war. He proposes that Washington impose asymmetric, nonmilitary costs on China, such as cutting down Chinese student visas tied to each military provocation. The idea is to deter China’s incremental escalations without risking direct military confrontation while strengthening broader U.S. leverage in Asia.
READ THE STORY: WSJ
Former Cyber Command Chief Warns Leadership Shakeup Could Weaken U.S. Cyber Defenses
Bottom Line Up Front (BLUF): Former NSA and U.S. Cyber Command chief Paul Nakasone warned that the recent firing of Gen. Timothy Haugh and his deputy Wendy Noble could disrupt national cybersecurity operations. Speaking at Vanderbilt University, Nakasone emphasized the risks of destabilizing leadership amid growing threats, including North Korean cyber activities and the urgent need to renew surveillance authorities like Section 702.
Analyst Comments: Leadership continuity at U.S. Cyber Command and NSA is crucial for fast, coordinated responses to cyber threats. Disruptions at the top increase vulnerabilities to nation-state actors like China, Russia, and North Korea, who may exploit transitional gaps. The potential splitting of the “dual-hat” leadership structure could further fragment cyber defense coordination. As global cyber threats intensify, political instability within U.S. cyber leadership raises concerns about degraded operational readiness and intelligence gathering capabilities.
FROM THE MEDIA: At a roundtable during Vanderbilt’s Summit on Modern Conflict and Emerging Threats, retired General Paul Nakasone criticized the removal of Gen. Timothy Haugh and NSA deputy Wendy Noble, noting it would inevitably cause disruption. President Trump’s actions have sparked speculation that the longstanding "dual-hat" arrangement—where a single leader heads both NSA and U.S. Cyber Command—could be dissolved. Nakasone defended the structure for its operational speed and unity of effort. He also urged early renewal of Section 702 surveillance authorities, stressed ongoing threats from North Korean hackers like Lazarus Group, and raised alarms about evolving insider threats from cyber operatives infiltrating legitimate companies.
READ THE STORY: The Record
OttoKit WordPress Plugin Vulnerability Under Active Attack Following Public Disclosure
Bottom Line Up Front (BLUF): A high-severity authorization bypass vulnerability (CVE-2025-3102) in the OttoKit WordPress plugin is being actively exploited. The flaw allows attackers to create administrator accounts and take full control of unprotected WordPress sites. Site owners are urgently advised to update to version 1.0.79, inspect for unauthorized admin accounts, and secure their installations immediately.
Analyst Comments: This active exploitation highlights the critical window between vulnerability disclosure and patch adoption—a period often exploited by threat actors. Given OttoKit's popularity (over 100,000 active installations), compromised WordPress sites could be used for widespread malware distribution, phishing, or spam campaigns. Future incidents reinforce the need for rapid vulnerability management, automated patching processes, and proactive threat detection for CMS platforms, which remain attractive targets for cybercriminals.
FROM THE MEDIA: Tracked as CVE-2025-3102 (CVSS 8.1), the bug stems from a missing check in the 'authenticate_user' function, allowing attackers to create admin accounts if the plugin is installed and activated but left unconfigured. Exploits have been traced to two IP addresses (IPv6: 2a01:e5c0:3167::2, IPv4: 89.169.15.201). Discovered by researcher Michael Mazzolini on March 13, 2025, the vulnerability was patched in version 1.0.79 on April 3, 2025, but many sites remain at risk.
READ THE STORY: THN
U.S. Joins Pall Mall Pact to Counter Commercial Spyware Abuses
Bottom Line Up Front (BLUF): The United States has announced it will sign the Pall Mall Process Code of Practice, a voluntary international agreement aimed at regulating the use of commercial cyber intrusion capabilities (CCICs) and mitigating spyware abuses. This move follows scandals in multiple countries where spyware has been used to target journalists, activists, and political opponents.
Analyst Comments: The U.S. commitment to the Pall Mall agreement marks a significant bipartisan stance against the unchecked proliferation of spyware technologies. However, the pact’s voluntary and non-binding nature raises concerns about enforceability and whether notorious spyware vendors will meaningfully alter their practices. Future effectiveness will hinge on political will, transparency, and whether signatories implement national-level enforcement mechanisms to curb abuses.
FROM THE MEDIA: The U.S. State Department confirmed America’s intention to join 21 other nations in adopting the Pall Mall Process Code of Practice. Initiated by Britain and France, the agreement seeks to curb the misuse of commercial spyware, separating responsible companies from those with histories of abuse. Human rights advocates welcomed the announcement, noting its importance amid global scandals involving spyware misuse in countries like Poland, Mexico, and Greece. While the agreement signals global awareness, industry reactions remain uncertain, particularly from firms implicated in prior rights violations.
READ THE STORY: The Record
Items of interest
Shein’s U.S. Business Model Collapses Under New Trump Tariffs and End of Duty-Free Shipping
Bottom Line Up Front (BLUF): Chinese fast-fashion giant Shein is facing severe disruption after the U.S. ended the de minimis duty-free shipping exemption for China and imposed new tariffs. The company, already grappling with supply chain pressures and regulatory scrutiny, is now raising prices and delaying international expansion plans like its London IPO. Industry experts predict a major reshaping of Shein’s operations as its core cost advantages erode.
Analyst Comments: Shein's struggles highlight how geopolitical tensions can rapidly dismantle globalized digital retail models reliant on low-cost cross-border logistics. Cybersecurity, supply chain integrity, and regulatory compliance risks will intensify as Shein scrambles to reconfigure operations across multiple jurisdictions. In the long term, tech-driven fast fashion firms may need to localize production and distribution to mitigate exposure to trade wars, data regulations, and national security reviews—making agile cyber risk management even more critical.
FROM THE MEDIA: Shein, known for leveraging China's manufacturing ecosystem and duty-free shipping to dominate fast fashion, is under significant threat after President Trump’s new tariffs and the closure of the de minimis loophole for Chinese goods. Apparel imports from China could now face tariffs close to 150%, devastating Shein’s low-margin model. Although Shein has shifted some manufacturing to Vietnam, Trump's tariffs on Vietnam have undercut that strategy. U.S. delivery volumes for Shein have plummeted by over 50% according to logistics sources, and its planned IPO in London is now in jeopardy. Industry analysts predict higher prices, lower sales, and a significant restructuring ahead.
READ THE STORY: WSJ
How Temu’s Explosive Growth Is Disrupting American E-Commerce (Video)
FROM THE MEDIA: Temu, a Chinese-founded e-commerce company, became the most-downloaded app in the U.S. in just over a year. The retailer has flooded social media feeds with curious consumers and even aired ads at back-to-back Super Bowls. In 2023, the discount retail app moved about $17 billion worth of goods between manufacturers and customers across the Pacific.
US-China Tariff War: What Will Southeast Asia's Manufacturers Stand To Lose? (Video)
FROM THE MEDIA: With US tariffs on the rise, experts warn that ASEAN will face increased China exports, putting some factories out of work. Some ASEAN countries have already banned Chinese apps like TEMU and SHEIN, and updated its anti-dumping legislation, as pressure on domestic manufacturers mount.
The selected stories cover a broad array of cyber threats and are intended to aid readers in framing key publicly discussed threats and overall situational awareness. InfoDom Securities does not endorse any third-party claims made in its original material or related links on its sites; the opinions expressed by third parties are theirs alone. For further questions, please contact InfoDom Securities at dominanceinformation@gmail.com.