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The article discusses the efforts by Chinese-owned social media app TikTok to avoid a ban. Republican Mike Gallagher and Democrat Raja Krishnamoorthi sponsored a bill seeking to ban the app on the suspicion that the Chinese Communist Party could use TikTok to track and manipulate Americans. Also mentioned are the reassurance made by Michael Beckerman of Tiktok that users have nothing to worry about and measures being taken by Tiktok to keep operating in the U.S.

The article talks about the decision of the Chinese government to allow local officials to decide on what to do with the data it collected to adhere to China's strict COVID-19 Zero rules. Topics include the decision of the city of Wuxi to completely destroy stored data from its cloud computing platforms, the announcement by Shanghai that it would convert its pandemic-era health code, into a permanent city code, and the downsides of each approach.

The article details the plan of Animoca Brands, under the leadership of Yat Siu, to assemble a portfolio of finance, gaming and social media companies to give people ownership over their virtual properties and breakup the empires of Meta Platforms Inc. and Microsoft Corp. It also discusses the crypto winter since November 2021, nonfungible tokens including those from Cryptokitties and Axie, and the challenges experienced by the cryptocurrency industry in 2022.

The article shows the easing by the government of China's crackdown on technology companies in favor of a policy approach to companies that sacrifice economic growth for tighter governmental control. It reports the decline in China-focused venture fundraising in 2022, shift of investors toward artificial intelligence (AI) and semiconductors, support of Chinese President Xi Jinping to platform companies, and cost-cutting measures of technology industry executives and investors.

The article focuses on the pressure being made by the U.S. on Israel regarding its technology deals with China. Topics discussed include a visit made by U.S. President Joe Biden in Israel, the state of the ties between Israel's technology sector and China, the significance of Israel in the technology sector, the investments made by Chinese investors in Israel, and the reasons behind the hesitation of Israel's companies to do business with Chinese investors.