A preliminary agreement between the U.S. and China over the ownership of TikTok could include a licensing deal for the closely guarded secret of the social media company’s algorithm, to which access has proved a major sticking point in negotiations between the countries. The Chinese government once vowed to block the sale of TikTok’s algorithm,…
WASHINGTON, DC – MARCH 13: Participants hold signs in support of TikTok outside the U.S. Capitol Building on March 13, 2024 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) Getty Images From President Trump’s first ban attempt to a near-blackout earlier this year, TikTok’s five-year roller coaster ride looks like it’s finally slowing down now…
The United States and China have come to a “framework” agreement about TikTok’s future in the US, just days before a planned ban on the app. Originally set to be banned on Wednesday, the deadline has now been extended by US President Donald Trump to December 16. This marks the fourth delay of a law…
Shuimu BioSciences, a Chinese start-up specialising in advanced imaging devices for viruses and smaller biomolecules, is aiming for an initial public offering in 2027 after selling its first self-developed product this year, according to CEO Allen Guo Chunlong. The company focuses on cryo-electron microscopy (Cryo-EM), a technique that involves firing beams of electrons at flash-frozen…
A framework agreement to which will allow the ByteDance-owned TikTok app to continue functioning in the United States was announced on September 16, but many questions remain about the details. When US and Chinese officials announced the deal after trade talks in Madrid, they said that China has agreed to transfer ownership of the video…
U.S. President Donald Trump said he would speak with Chinese leader Xi Jinping on Friday as U.S. and Chinese officials reached a framework deal on keeping the TikTok app running in the United States. It would be the first direct engagement between Trump and Xi since June. “I will be speaking to President Xi on…
Washington — For a fourth time, President Trump has pushed back enforcing a bipartisan law that would effectively ban TikTok over the video-sharing app’s failure to cut ties with ByteDance, its China-based parent company. The president signed an executive order Tuesday extending the pause on enforcing the law until at least Dec. 16. The move comes…
President Donald Trump announced on Tuesday (September 16) that the United States and China have struck a deal that will allow TikTok to continue operating in America, potentially ending a months-long standoff over the app’s ownership. The agreement would transfer TikTok’s US assets from its Chinese parent, ByteDance, to American owners. Trump did not disclose…
US Treasury Secretary Scott Bessent said on Tuesday that he expected a final agreement on the ByteDance-owned short-video app TikTok to be reached when US President Donald Trump speaks with Chinese leader Xi Jinping on Friday. China had a long list of demands during talks in Madrid this week, Bessent said. He described the negotiations…
Nvidia’s RTX6000D, its newest artificial intelligence chip tailored for the Chinese market, has seen only lukewarm demand with some major tech firms opting not to place orders, two people with knowledge of procurement discussions said. The RTX6000D, designed mainly for AI inference tasks, is seen as expensive for what it does, according to the two…