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Asia couldn’t quit FB even if it wanted to

Indonesia, home to roughly 6 percent of Facebook Inc.’s users, isn’t happy with the social-media giant. Officials there are even threatening to shut the service down after its latest egregious privacy scandal. That sounds like an ominous threat — but it’s empty. In Indonesia, as across the developing world, Facebook is no longer just a platform for sharing photos and ...

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Qualcomm needs to come up with a better plan B

Qualcomm Inc. needs to start working on a plan B more exciting than share buybacks. China’s Ministry of Commerce is pushing back on Qualcomm’s proposed $45 billion-plus purchase of NXP Semiconductors NV, forcing the chipmaker to refile its request for approval. The deal process is now in its 18th month; put a different way, the NXP takeover was announced before ...

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US earns more in China than trade numbers reveal

American companies are doing much more in China than the US trade deficit suggests. It’s their greatest weakness. The deficit, the difference between what the US imports from China and what it exports there, widened to $375 billion last year. It sounds like a lot. President Donald Trump and others take it as evidence that the relationship between the world’s ...

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