meta_pixel
Tapesearch Logo
Log in
WSJ Tech News Briefing

Temu Makes Global Push as U.S. Scrutiny of TikTok Grows

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 14 May 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Bargain app Temu, owned by Chinese e-commerce giant PDD, is working to reduce its reliance on American shoppers as growth slows and scrutiny of TikTok grows. WSJ reporter Shen Lu joins host Zoe Thomas to explain Temu’s strategy. Plus, some governments are scaling back commitments to electric vehicles, afraid they could add to problems like inflation, job losses and high public debt. We’ll explore why EVs need to help the economy as well as the environment. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Revolute. Revolute is your perfect travel

0:04.7

companion for all things money. You can spend in over 150 currencies with great

0:09.6

exchange rates and withdraw from ATMs all over the world with no charges from

0:14.3

Revolute within your plan allowance. Sign up to Revolute at Revolute.com

0:18.3

slash podcast reward and receive 20 pounds when you make your first purchase with Revolute.

0:23.6

Until 18-plus, T's and C's apply, exchange fees and fair usage limits supply.

0:29.2

Welcome to Tech News Briefing. It's Tuesday, May 14th. I'm Zoe Thomas for the Wall Street Journal.

0:40.0

If you're considering buying an electric car, you're probably thinking about the impact your choice will have on the environment.

0:47.5

But how can that choice affect the economy?

0:50.5

We'll find out why the economic impact of EVs matters and why some governments

0:55.8

are pulling back on their financial support for the industry.

0:59.6

And then, in under two years, the bargain app Temu has become the second most popular shopping

1:05.6

app in the US after Amazon by monthly users.

1:09.0

It's spent billions of dollars to acquire new US users. But now Temu is looking to reduce its reliance on American

1:16.5

customers. W.S.J. reporter Shenlouh joins us to explain why. We're starting though with a look at green technologies.

1:28.0

Some Western governments are scaling back their commitments to EVs.

1:32.0

Not because these technologies aren't doing enough for the environment,

1:35.6

but because of their effect on the economy. Stephen Wilmot is an editor of the Wall Street

1:40.8

journals heard on the street column.

1:43.0

And he joins me now with more on the question of whether EVs are helping or hurting the economy.

1:48.0

So Stephen, you wrote that assessing the economic impact of green technologies is messy.

1:54.0

Why is it so tricky?

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.