Fortune Tech: OpenAI Sora video backlash, Taiwan’s rare earth retort, Apple smart glasses

Fortune Tech: OpenAI Sora video backlash, Taiwan’s rare earth retort, Apple smart glasses

Good morning. Fortune’s Most Powerful Women Summit kicks off today in Washington, D.C. and there are quite a few notable tech folk on the agenda. Among them: Best Buy’s Corie Barry, Palantir’s Shannon Clark, Microsoft’s Amy Coleman, Logitech’s Hanneke Faber, IBM’s Radha Iyengar Plumb, Workday’s Emma Chalwin, ServiceNow’s Gina Mastantuono, Airbnb’s Ellie Mertz, DoorDash’s Tia…

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'President Xi had a bad moment': Trump says US wants to 'help' China; will he back down from 100% tariff threat?

‘President Xi had a bad moment’: Trump says US wants to ‘help’ China; will he back down from 100% tariff threat?

(AI image generated using ChatGPT) US President Donald Trump struck a markedly softer tone on China on Sunday, referring to President Xi Jinping as “highly respected” and insisting the United States wants to “help” China, not hurt it, despite escalating tensions over rare earths and looming tariffs. “Don’t worry about China, it will all be…

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'Don't want tariff war, but ready for one': How China hit back at Trump's threat

‘Don’t want tariff war, but ready for one’: How China hit back at Trump’s threat

China issued a blunt warning to Washington after President Donald Trump threatened a new round of 100% tariffs, stating that it prefers diplomacy over confrontation but will not hesitate to retaliate if provoked. This back-and-forth tariff warning threatens to derail a possible meeting between Trump and Chinese leader Xi Jinping and end a truce in…

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New China tariffs announced during government shutdown and AI valuation debate are a ‘perfect storm coming together,’ top economist says

New China tariffs announced during government shutdown and AI valuation debate are a ‘perfect storm coming together,’ top economist says

President Donald Trump’s additional 100% tariff on China erased $2 trillion from the stock market on Friday and possibly couldn’t have come at a worse time. A potentially renewed trade war risks a resurgence of uncertainty in the market, Apollo Global Management chief economist Torsten Slok said Saturday on Fox Business, all while fears of…

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Rare Earth Shockwave: China’s Metal Curbs Jolt Tech Industry as Trump Threatens 100% Tariffs

China’s Metal Curbs Jolt Tech Industry as Trump Threatens 100% Tariffs

Beijing’s rare-earth bombshell – On October 9, 2025, China dramatically expanded export controls on critical rare earth metals, adding five more elements (holmium, erbium, thulium, europium, ytterbium) to an export-restricted list that already included seven others [1] [2]. In total, 12 of the 17 rare-earth elements are now under Chinese export curbs [3]. Beijing also imposed new licensing requirements on dozens of…

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‘China isn’t afraid of any US sanctions’: Beijing residents react as Donald Trump slaps 100% tariffs

Residents of China’s capital city, Beijing, on Saturday showed indifference and defiance about United States President Donald Trump’s recent decision to impose harsh new tariffs on the country, AFP reported. On Friday, Trump unexpectedly announced that the United States would impose an extra 100 percent tariff on all imports from China starting from November 1,…

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