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The deal will pave the way to US ownership of the social media platform's American operations, according to the US treasury secretary.

In 2020, after spending half his life in the US, Song-Chun Zhu took a one-way ticket to China. Now he might hold the key to who wins the global AI race
By the time Song-Chun Zhu was six years old, he had encountered death more times than he could count. Or so it felt. This was the early 1970s, the waning years of the Cultural Revolution, and his father ran a village supply store in rural China. There was little to do beyond till the fields and study Mao Zedong at home, and so the shop became a refuge where people could rest, recharge and share tales. Zhu grew up in that shop, absorbing a lifetime’s worth of tragedies: a family friend lost in a car crash, a relative from an untreated illness, stories of suicide or starvation. “That was really tough,” Zhu recalled recently. “People were so poor.”
The young Zhu became obsessed with what people left behind after they died. One day, he came across a book that contained his family genealogy. When he asked the bookkeeper why it included his ancestors’ dates of birth and death but nothing about their lives, the man told him matter of factly that they were peasants, so there was nothing worth recording. The answer terrified Zhu. He resolved that his fate would be different.

A court orders their parents to compensate Haidilao for reputational and operational losses.

Temple's move to end the partnership with the Chinese Scholarship Council follows a letter from the House Select Committee on the Chinese Communist Party, warning of national security concerns.

Temple University plans to phase out a partnership with the Chinese Scholarship Council that brought 25 to 35 students to the school each of the last two years. The move comes after Temple received a ...

Top economic officials met in Madrid for a second day, with deadlines looming on tariffs and a ban on TikTok in the United States if it is not sold by its Chinese owner, ByteDance.

The industry’s retreat from the UK reflects a deeper shift about how Beijing is rewriting the rules of innovation
When Merck scrapped its billion-pound London research hub last week, critics blamed Britain’s lacklustre support for life sciences and a Scrooge-like grip on NHS drug prices. But one important factor may have been missed. That Merck, which is also cutting jobs elsewhere – 6,000 globally – is recalibrating not just in response to the UK or the US, but to China.
Merck’s cash cow is pembrolizumab (brand name ), an immunotherapy drug launched in 2014 that has successfully treated advanced melanoma, head and neck, lung, cervical and other cancers. It blocks an antibody called PD-1, teaching the immune system to fight the cancer. Because some patients are out of other options, the results sometimes seem miraculous.
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Christopher Cash and Christopher Berry were due to go on trial next month charged with breaching Official Secrets Act
The UK government says it is “extremely disappointed” by a decision to drop charges of spying for China against two men, one of whom was a parliamentary aide.
The men, Christopher Cash, 30, and Christopher Berry, 33, had denied accusations of providing information prejudicial to the interests of the state in breach of the Official Secrets Act between December 2021 and February 2023.

The accusation comes as the US and China hold talks to de-escalate the trade war between the two.

A lucrative transaction involving the Trump family’s cryptocurrency firm and an agreement giving the Emiratis access to A.I. chips were connected in ways that have not been previously reported.

Framework deal is breakthrough in long-running dispute over app’s ownership amid security concerns in Washington
Jamieson Greer, a US trade representative, said on Monday that Washington and Beijing have struck a framework agreement on transferring to US-controlled ownership.
Speaking after emerging from negotiations with officials, Scott Bessent said the deal was coming but declined to reveal the commercial terms.

The US and China have reached a deal to keep TikTok in America. With Oracle and other investors circling, who will buy TikTok’s US operations?