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The US and China might finally have a TikTok deal

theverge.com Emma Roth 2025-09-30 19:33:45

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. The US and China have reached a “framework” deal to divest TikTok from its Chinese parent company, Treasury Secretary Scott Bessent told reporters during trade talks in Madrid on Monday. As noted by Reuters, Bessent confirmed that “the framework is for a switch to a U.S.-controlled ownership.” He said Trump will confirm the deal with Chinese Preside

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US, China reach ‘framework’ deal for TikTok

techcrunch.com Ivan Mehta 2025-09-30 23:24:49

In Brief The U.S. has reached a “framework” deal with China for social media platform TikTok, CNBC reported, citing Treasury Secretary Scott Bessent. “It’s between two private parties, but the commercial terms have been agreed upon,” CNBC quoted Bessent as saying on the sidelines of a meeting between the two countries in Madrid on Monday. The news comes barely an hour after U.S. President Donald Trump hinted on his social media platform Truth Social that a deal for the short-video app had bee

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Bessent says 'framework' of U.S.-China TikTok deal has been reached, will be finalized Friday

cnbc.com Samantha Subin Jordan Novet Chris Eudaily 2025-10-01 03:59:13

The U.S. and China have a reached a 'framework' deal for social media platform TikTok, Treasury Secretary Scott Bessent said Monday. "It's between two private parties, but the commercial terms have been agreed upon," he said from Madrid. Both President Donald Trump and Chinese President Xi Jinping will meet Friday to discuss the terms. On Monday, Trump said in a Truth Social post Monday that a deal was reached "on a 'certain' company that young people in our Country very much wanted to save" a

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Tether Taps Trump’s Former Crypto Advisor to Lead US Operations

gizmodo.com Aj Dellinger 2025-09-30 23:00:34

In an effort to solidify itself as the go-to company in the cryptocurrency space for stablecoins, Tether is tapping Bo Hines, the former Executive Director of Donald Trump’s White House Crypto Council to lead its operations in the United States, including efforts to launch a new stablecoin called USAT that will comply with new, Trump-backed regulations, according to CNBC. Tether is best known for its USDT stablecoin, which is pegged to the US Dollar and has become the most commonly used token f

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Trump Clears the Way for a Dystopian Air Taxi Future

gizmodo.com Lucas Ropek 2025-09-30 23:30:45

Donald Trump, who was backed by a bunch of tech billionaires during this past presidential election, is busy transforming America into a corporate dystopia straight out of the 1980s science fiction films that those billionaires have long admired for all the wrong reasons. For one thing, Trump has fully embraced AI—helping to cut what little regulation existed under the Biden administration, in an effort to further liberate the already blossoming and disruptive new industry. He also recently pave

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After Buying Paramount, MAGA Billionaire Larry Ellison’s Son Now Wants Warner Bros. Discovery: Report

gizmodo.com Lucas Ropek 2025-10-04 03:15:45

Last month, Skydance Media, the entertainment giant, completed an $8 billion acquisition of one of Hollywood’s most prestigious studios, Paramount. Skydance, owned by David Ellison, son of Oracle billionaire Larry Ellison, now reportedly has its eyes set on another historic movie studio: Warner Bros. The Wall Street Journal reports that Paramount Skydance is currently preparing a majority cash bid for Warner Bros. Discovery. If completed, the son of one of Donald Trump’s most powerful supporter

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Can we please keep our broadband money, Republican governor asks Trump admin

arstechnica.com Unknown 2025-10-05 02:01:05

Louisiana Governor Jeff Landry has a simple request for the Trump administration: Don't take our broadband money away. Trump's Commerce Department rewrote the rules of the $42 billion Broadband Equity, Access, and Deployment (BEAD) grant program, forcing states to change how they spend money earmarked for expanding broadband access. The overhaul led states to reduce spending on fiber networks and increase spending on satellite—although not to the extent sought by SpaceX CEO Elon Musk, who is de

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‘Here We Go!’: Trump Weighs in After Russian Drones Shot Down Over Poland

gizmodo.com Matt Novak 2025-10-06 19:40:24

NATO fighter jets shot down at least three Russian drones in Polish airspace overnight after more than a dozen entered its eastern border, according to several reports. It was a historic action, the first time that NATO forces have shot down a Russian aircraft in a NATO country. But President Donald Trump didn’t offer much clarity about what the U.S. plans to do about it, writing a confusing Truth Social post on Wednesday that could be read several different ways. “What’s with Russia violating

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Larry Ellison is $110 billion richer after blowout Oracle earnings report

cnbc.com Jordan Novet 2025-10-07 07:53:20

Oracle co-founder, CTO and Executive Chairman Larry Ellison (C), U.S. President Donald Trump, OpenAI CEO Sam Altman (R), and SoftBank CEO Masayoshi Son (2nd-R), share a laugh as Ellison uses a stool to stand on as he speaks during a news conference in the Roosevelt Room of the White House on January 21, 2025 in Washington, DC. Trump announced an investment in artificial intelligence (AI) infrastructure and took questions on a range of topics including his presidential pardons of Jan. 6 defendant

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MAGA Congressman Explains Trump’s Signature in Epstein Birthday Book by Floating Autopen Conspiracy

gizmodo.com Lucas Ropek 2025-10-08 15:10:58

A Congressional document dump of Jeffrey Epstein files on Monday has created a certifiable public relations nightmare for the Trump administration, and its allies are currently scrambling for some sort of explanation as to why what looks a whole helluva lot like the President’s signature would be found on an alleged birthday letter included in the trove. On Tuesday, Rep. Tim Burchett (R-Tennessee) offered up the latest excuse: some sort of conspiracy involving a signing machine called an autopen

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Can a Despised Autocrat Consolidate Power?

news.ycombinator.com Paul Krugman 2025-10-09 23:39:18

Yesterday I wrote about Scott Bessent, the Treasury secretary, and made some unflattering observations about him. So it might be worth mentioning a new incident, reported by Politico. Apparently Bessent confronted Bill Pulte, head of the Federal Housing Finance Agency — a piece of work himself — at a fancy dinner, accusing Pulte of bad-mouthing him to the president: “Why the fuck are you talking to the president about me? Fuck you,” Bessent told Pulte. “I’m gonna punch you in your fucking face.

Topics: economic large policies public trump

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Majority in EU's biggest states believes bloc 'sold out' in US tariff deal

news.ycombinator.com Jon Henley 2025-10-09 21:29:03

A majority of people across the EU’s five biggest member states believe the European Commission sold citizens out when negotiating a “humiliating” tariff deal with Donald Trump that “benefits the US” far more than Europe, a survey has shown. The poll, by Cluster17 for the European affairs debate platform Le Grand Continent, found 77% of respondents – ranging from 89% in France to 50% in Poland – thought the deal would benefit above all the US economy, with only 2% believing it would benefit Eur

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Trump’s attempt to fire FTC Democrat gets a boost from Supreme Court

arstechnica.com Unknown 2025-10-11 14:54:38

President Trump's attempt to fire a Democratic member of the Federal Trade Commission was given a boost today, as Supreme Court Chief Justice John Roberts granted a stay that temporarily blocks a lower-court ruling against Trump. The Supreme Court hasn't ruled on the merits of the case. Today's order from Roberts stayed the lower-court ruling "pending further order of The Chief Justice or of the Court." Roberts set a September 15 deadline for Rebecca Kelly Slaughter, the Democrat who was fired

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Zuckerberg caught on hot mic telling Trump 'I wasn't sure' how much to promise to spend on AI in the US

engadget.com Unknown 2025-10-12 03:28:19

US President Donald Trump jokes with Meta CEO Mark Zuckerberg (L) as he hosts tech leaders for a dinner in the State Dining Room of the White House in Washington, DC, on September 4, 2025. (Photo by SAUL LOEB/AFP via Getty Images) Mark Zuckerberg has certainly come a long way in his relationship with President Donald Trump. Almost exactly a year after the president threatened the Meta CEO with imprisonment, the two sat side-by-side at a White House dinner, alongside numerous other tech CEOs. T

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A Sitting President Is Making Billions Off Crypto, Which Feels Like a Bit of an Outrage

futurism.com Unknown 2025-10-12 07:00:34

Before his first presidential bid, TV personality and real estate tycoon Donald Trump was doing just fine, financially speaking. The benefactor of a $5.5 million trust fund, adjusted for inflation — not to mention a $20 million inheritance from his father, split with his siblings — Trump's actual net worth has always been a hazy target for estimates. As he left office in 2021, Trump's net worth seemed to be around $2.3 billion, according to Forbes, thanks to legal fallout and a real estate port

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RFK Jr Is Suddenly in Real Trouble

futurism.com Unknown 2025-10-12 07:07:17

Health and Human Services secretary Robert F. Kennedy, Jr. has weathered ample family tragedy, drug and alcohol addiction, infection from an alleged brain worm, and a few sex scandals both minor and major — and now he's weathering condemnation from his own political allies that could presage a genuine crash out. Amid his single-minded quest against vaccines, the 71-year-old health secretary seems to have made a serious miscalculation when he chose to fire Centers for Disease Control and Prevent

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Zuckerberg caught on hot mic telling Trump ‘I wasn’t sure’ how much to promise to spend on AI in the US

engadget.com Unknown 2025-10-12 18:19:15

US President Donald Trump jokes with Meta CEO Mark Zuckerberg (L) as he hosts tech leaders for a dinner in the State Dining Room of the White House in Washington, DC, on September 4, 2025. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images) Mark Zuckerberg has certainly come a long way in his relationship with President Donald Trump. Almost exactly a year after the president threatened the Meta CEO with imprisonment, the two sat side-by-side at a White House dinner, alongside n

Topics: meta president trump year zuckerberg

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Defense Department Scrambles to Pretend It’s Called the War Department

wired.com Dell Cameron 2025-10-12 19:22:27

The Pentagon’s website and social media channels were overhauled Friday at President Donald Trump’s behest to reflect the United States Defense Department’s new “Department of War” persona, shifting from Defense.gov to War.gov—a symbolic rebranding that highlights the administration’s preference for projecting strength through the language of war rather than the idiom of defense. Trump on Friday signed an executive order directing the Pentagon to once again be named the so-called Department of

Topics: defense department friday trump war

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Trump’s New Labor Stats Guy is a Jan 6 ‘Bystander’ Accused of Unhinged Posts

gizmodo.com Lucas Ropek 2025-10-12 23:05:16

President Trump recently fired Erika McEntarfer, the head of the Bureau of Labor Statistics, accusing her of having “rigged” job reports. In her place, Trump has selected E.J. Antoni, a former Heritage Foundation economist who was photographed at the January 6th debacle (but who claims he was just a “bystander” to the chaos) and who, according to reports from CNN and Wired, formerly ran a Twitter account that posted all sorts of gnarly stuff. Earlier this month, Wired reported that a since-dele

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Trump threatens trade probe after 'discriminatory' EU fines against Google, Apple

cnbc.com Kevin Breuninger 2025-10-13 07:58:23

US President Donald Trump during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. President Donald Trump on Friday threatened to launch a trade investigation to "nullify" what he said were discriminatory fines being levied by Europe against U.S. tech firms such as Google and Apple . "We cannot let this happen to brilliant and unprecedented American Ingenuity and, if it does, I will be forced to start a Section 301 proceed

Topics: american billion fines google trump

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What the Hell Is Going on With Crypto Billionaire Justin Sun and Donald Trump?

gizmodo.com Matt Novak 2025-10-13 15:30:06

World Liberty Financial’s crypto token WLFI started trading on exchanges Monday, which was great news for President Donald Trump’s family, who holds a reported 22.5 billion tokens. The move instantly created billions in wealth for America’s ruling family of fascists (at least on paper). But Justin Sun, a pro-Trump crypto billionaire who reportedly bought about $75 million of the token, says his wallets have been frozen. And nobody is sure why. The Trump family was instrumental in launching Wor

Topics: crypto liberty sun trump world

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Tech CEOs Praise Donald Trump at White House Dinner

wired.com Brian Barrett 2025-10-13 12:16:59

The scene opens confusingly. The camera zooms too close to the president’s face; the table at which the tech executives are seated seems far too long. Mark Zuckerberg is there, and Bill Gates and Tim Cook and Satya Nadella and Sam Altman and on and on, a baker’s dozen or so of Silicon Valley’s most powerful people—cutthroat competitors all—united here to pledge allegiance to Donald Trump. The introduction from Trump is characteristically both overgilded and confusing: “It's an honor to be here

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‘I’m glad it’s over.’ Google CEO thanks Trump for antitrust 'resolution'

cnbc.com Jennifer Elias 2025-10-14 05:53:02

Sundar Pichai, chief executive officer of Alphabet Inc., speaks during a meeting of the White House Task Force on AI Education in the East Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. The White House has been actively promoting artificial intelligence and domestic manufacturing, with recent announcements including a plan to reduce regulation of artificial intelligence and support for leading AI chipmakers. Photographer: Jim Lo Scalzo/EPA/Bloomberg via Getty Images

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At White House dinner, Tim Cook praises Trump’s ‘leadership and focus on innovation’

9to5mac.com Marcus Mendes 2025-10-14 17:02:50

Yesterday, news broke that Apple CEO Tim Cook was one of many tech CEOs who had been invited for a “White House event on AI hosted by first lady Melania Trump.” Now, The Wall Street Journal has a few details of how the event went. Taking turns to praise Trump As reported by the WSJ, the list of tech CEOs at tonight’s dinner included OpenAI CEO Sam Altman, Meta CEO Mark Zuckerberg (who sat alongside Trump), Microsoft founder and ex-CEO Bill Gates, Alphabet CEO Sundar Pichai, and IBM CEO Arvind

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Trump warns ‘fairly substantial’ chip tariffs are coming; signals Apple, others will be safe

cnbc.com Dylan Butts 2025-10-14 22:16:02

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., and U.S. President Donald Trump during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, U.S., on Sept. 4, 2025. President Donald Trump has reiterated a warning that he will soon impose "fairly substantial" tariffs on semiconductor imports from companies that do not shift production to the U.S., but will spare firms like Apple that expand investments domestically. Trump made the comments Th

Topics: apple companies semiconductor tariff trump

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Donald Trump Snubs Elon Musk Yet Again, Invites All of His Biggest Competitors to the White House

futurism.com Unknown 2025-10-14 19:04:03

Donald Trump Snubs Elon Musk Yet Again, Invites All of His Biggest Competitors to the White House Musk's biggest competitors were invited to the White House — but he wasn't. President Donald Trump is throwing a major party in the White House's recently paved-over Rose Garden for some of the biggest names in tech — but billionaire Elon Musk's name isn't on the list. As The Hill first reported, the upcoming event will see high-profile tech executives swing by for a visit, including Microsoft co

Topics: ceo house musk trump white

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The White House's LinkedIn Pic Is Now Donald Trump's Face. Former Staffers Are 'Frustrated'

cnet.com See Full Bio 2025-10-15 07:08:00

Whenever you leave a job, you largely surrender your connection with the organization or company you worked for, but the reputational tie can often linger on -- for better or worse. Some former White House staffers feel their reputation has taken a hit this week, after the current presidential administration updated the official White House profile picture on LinkedIn to a photo of President Donald Trump. Now, in the Experience section on the LinkedIn profiles of everyone who has ever worked fo

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Elon Musk Denies He Was Snubbed From Guest List at White House AI Event

gizmodo.com Lucas Ropek 2025-10-15 19:50:31

An upcoming White House event on AI will feature some of Silicon Valley’s most influential executives, including Apple CEO Tim Cook, Meta CEO Mark Zuckerberg, and Microsoft founder Bill Gates. Notably absent from the guest list, however, is Elon Musk. That’s according to The Hill, which reported on Wednesday that, in addition to Zuck, Cook, and Gates, OpenAI founder Sam Altman, Musk’s avowed enemy , has also been invited. Musk, however, claims that he was, in fact, invited to the event, but it

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Musk will not attend Trump tech CEO dinner at White House

cnbc.com Dylan Butts 2025-10-16 03:59:56

Tim Cook, chief executive officer of Apple Inc., center, arrives at the Eisenhower Executive Office Building near the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. U.S. President Donald Trump will host two dozen high-profile tech and business leaders for an inaugural event in the White House's renovated Rose Garden on Thursday. Invitees include Meta founder Mark Zuckerberg, Apple CEO Tim Cook, Microsoft founder Bill Gates and OpenAI founder Sam Altman, according to a list conf

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Trump’s move of SPACECOM to Alabama has little to do with national security

arstechnica.com Unknown 2025-10-15 19:59:09

President Donald Trump announced Tuesday that US Space Command will be relocated from Colorado to Alabama, returning to the Pentagon's plans for the command's headquarters from the final days of Trump's first term in the White House. The headquarters will move to the Army's Redstone Arsenal in Huntsville, Alabama. Trump made the announcement in the Oval Office, flanked by Republican members of the Alabama congressional delegation. The move will "help America defend and dominate the high fronti

Topics: alabama command headquarters space trump

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Latest Tech News

The US and China might finally have a TikTok deal

US, China reach ‘framework’ deal for TikTok

Bessent says 'framework' of U.S.-China TikTok deal has been reached, will be finalized Friday

Tether Taps Trump’s Former Crypto Advisor to Lead US Operations

Trump Clears the Way for a Dystopian Air Taxi Future

After Buying Paramount, MAGA Billionaire Larry Ellison’s Son Now Wants Warner Bros. Discovery: Report

Can we please keep our broadband money, Republican governor asks Trump admin

‘Here We Go!’: Trump Weighs in After Russian Drones Shot Down Over Poland

Larry Ellison is $110 billion richer after blowout Oracle earnings report

MAGA Congressman Explains Trump’s Signature in Epstein Birthday Book by Floating Autopen Conspiracy

Can a Despised Autocrat Consolidate Power?

Majority in EU's biggest states believes bloc 'sold out' in US tariff deal

Trump’s attempt to fire FTC Democrat gets a boost from Supreme Court

Zuckerberg caught on hot mic telling Trump 'I wasn't sure' how much to promise to spend on AI in the US

A Sitting President Is Making Billions Off Crypto, Which Feels Like a Bit of an Outrage

RFK Jr Is Suddenly in Real Trouble

Zuckerberg caught on hot mic telling Trump ‘I wasn’t sure’ how much to promise to spend on AI in the US

Defense Department Scrambles to Pretend It’s Called the War Department

Trump’s New Labor Stats Guy is a Jan 6 ‘Bystander’ Accused of Unhinged Posts

Trump threatens trade probe after 'discriminatory' EU fines against Google, Apple

What the Hell Is Going on With Crypto Billionaire Justin Sun and Donald Trump?

Tech CEOs Praise Donald Trump at White House Dinner

‘I’m glad it’s over.’ Google CEO thanks Trump for antitrust 'resolution'

At White House dinner, Tim Cook praises Trump’s ‘leadership and focus on innovation’

Trump warns ‘fairly substantial’ chip tariffs are coming; signals Apple, others will be safe

Donald Trump Snubs Elon Musk Yet Again, Invites All of His Biggest Competitors to the White House

The White House's LinkedIn Pic Is Now Donald Trump's Face. Former Staffers Are 'Frustrated'

Elon Musk Denies He Was Snubbed From Guest List at White House AI Event

Musk will not attend Trump tech CEO dinner at White House

Trump’s move of SPACECOM to Alabama has little to do with national security

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