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Trump, Xi, and the new US–China standoff

US–China relations are once again on edge. After Washington expanded export controls on Chinese tech firms, Beijing struck back with new limits on critical minerals. President Trump responded by threatening 100% tariffs, then quickly walked them back.

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In this photo illustration, TikTok logo is displayed on a smartphone with the national flags of China and the United States in the background.

Algi Febri Sugita/ZUMA Press Wire/dpa via Reuters Connect

What We’re Watching: Trump and Xi’s Friday phone call, EU introduces new Russia sanctions, US plots Afghanistan return

The world’s most powerful pairing talk TikTok and trade

US President Donald Trump and Chinese President Xi Jinping reportedly discussed how they can keep TikTok online in the United States and whether they can ease trade tensions during a phone call Friday morning, their first since June. The topic of trade is a thorny one, most recently due to disputes over Nvidia chip purchases. As for TikTok, the two superpowers were expected to finalize a deal for the sale of the social media app – a consortium of US firms is set to control the company. If the TikTok deal is completed, it’s possible that Trump and Xi could meet in person during the Asia-Pacific Economic Cooperation summit being held in South Korea around Halloween.

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Indian Prime Minister Narendra Modi and Chinese President Xi Jinping meet on the sidelines of the BRICS summit in Kazan, Russia, on October 23, 2024.

China Daily via REUTERS

Hard Numbers: Modi to meet Xi, European bigwigs set to reimpose Iran sanctions, Egypt cracks down on influencers, & More

7: Indian Prime Minister Narendra Modi will meet Chinese President Xi Jinping this weekend in Tianjin in what will be his first visit to China in seven years, a sign that tensions between the two massive countries are easing. Border disputes, technological rivalries, and China’s support for Pakistan have aggravated the relationship, but the US’s tariff policies appear to be pushing them closer.

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American President Donald Trump's X Page is seen displayed on a smartphone with a Tiktok logo in the background

Avishek Das / SOPA Images via Reuters Connect

Where we get our news - and why it changes everything

In August 1991, a handful of high-ranking Soviet officials launched a military coup to halt what they believed (correctly) was the steady disintegration of the Soviet Union. Their first step was to seize control of the flow of information across the USSR by ordering state television to begin broadcasting a Bolshoi Theatre production of Swan Lake on a continuous loop until further notice. (Click that link for some prehistoric GZERO coverage of that event.)

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A 3D-printed miniature model of U.S. President-elect Donald Trump and TikTok logo are seen in this illustration.

REUTERS/Dado Ruvic/Illustration/File Photo

Hard Numbers: Could Microsoft buy TikTok?, Get me the Operator, Meta and ByteDance spend on AI, ElevenLabs’ billions, Ready for “Humanity’s Last Exam”?

2020: Microsoft is in talks to acquire TikTok, according to President Donald Trump. If that rings a bell it’s because Microsoft sought to buy the social media app in 2020, the last time Trump tried to ban the app. The deal fell through, and Microsoft CEO Satya Nadella later called the attempted TikTok takeover the “strangest thing I've ever worked on.” This time around, all the company has said on the matter is that it “has nothing to share at this time.” Meanwhile, Trump has also nodded to there being “great interest in TikTok” from several companies.

200: OpenAI announced Operator, its AI “agent,” in an experimental “research preview,” on Thursday. The point is that this model can not only chat with you but can actually perform tasks for you, like booking a restaurant reservation or ordering food for delivery. It’s currently available to subscribers of ChatGPT Pro, a $200-a-month subscription.

65 billion: Meta said Friday it expects to spend up to $65 billion in 2025, up from $40 billion in 2024, to fuel its growing AI ambitions. Meanwhile, TikTok’s Chinese parent company ByteDance has reportedly earmarked $21 billion, including $12 billion on AI infrastructure.

3 billion: The AI voice-cloning company ElevenLabs has raised a new $250 million funding round announced Friday that values it at around $3 billion. We tried out ElevenLabs’ software last year to clone our author’s voice and translate it into different languages.

3,000: Researchers at the Center for AI Safety and Scale AI released “Humanity’s Last Exam” on Thursday, a 3,000-question multiple-choice and short-answer test designed to evaluate AI models’ capabilities. With AI models succeeding at most existing tests, the researchers strived to create one that will be able to stump most — or at least show when they’ve become truly superintelligent. For now, they’re struggling: All of the current top models fail the exam with OpenAI’s o1 model scoring the highest at 8.3%.
DALL-E

Is the TikTok threat really about AI?

TikTok’s status in the United States is … complicated.
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TikTok CEO Shou Zi Chew testifies before the House Energy and Commerce Committee on Thursday, March 23, 2023 in Washington D.C.

USA TODAY NETWORK via Reuters Connect

Looks like the TikTok ban is coming. Probably. And with unintended consequences

Barring an eleventh-hour reprieve, TikTok’s operations in the US are likely to be shut down on Sunday. China is said to be considering a sale of its stateside outfit to X owner Elon Musk as the incoming administration seeks a pause on the ban so it can pursue a deal to keep it running. While both of those options look unlikely, at least in the short term, President-elect Donald Trump is considering an executive order that would delay enforcement of the ban for 60 to 90 days.

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Los Angeles City firemen spray water to protect houses threatened by a brush fire in Griffith Park, Los Angeles May 8, 2007. The fire broke out in the hills above Los Angeles forcing evacuation of the city's largest park and zoo. Local media reported that authorities have arrested an arson suspect who was badly burned.

REUTERS/Mario Anzuoni

Hard Numbers: LA faces more fires, Meta makes big cuts, US inflation ticks up, Zaijian TikTok

6 million: Fire officials in Southern California said over 6 million people are still in danger from four major fires burning in the hills around Los Angeles, with hot, dry winds expected to worsen conditions over the weekend. Herculean efforts from fire crews have contained large sections of the Palisades and Eaton fires, but they are racing against time to save as many lives and houses as possible in America’s second-largest metropolis.

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