Disney, Universal, Warner Bros Discovery sue China’s MiniMax for copyright infringement

Beijing announced that TikTok's US app will utilize a Chinese algorithm. This comes as Donald Trump extends the deadline for a potential shutdown of the platform, indicating ongoing negotiations with China.

Editor’s Note: This development is significant as it highlights the complexities of international relations and technology. The use of a Chinese algorithm in a US app raises concerns about data privacy and security, while the extended deadline suggests that a resolution may be on the horizon.

A new agreement between the US and China regarding TikTok has been reached, mirroring terms discussed earlier this spring. This development is seen as a positive step in easing tensions around the popular app.

Editor’s Note: This agreement is significant as it reflects ongoing efforts to manage the relationship between the US and China, particularly concerning technology and data privacy. A stable resolution could benefit users and stakeholders in both countries.

Oracle Corp. shares increased as negotiations regarding TikTok's future advance, easing concerns for the software company.

Editor’s Note: This development is significant as it indicates a potential resolution in the ongoing discussions between the US and China, which could stabilize Oracle's business relationship with TikTok, a major client.

Disney and Marvel's 'The Fantastic Four: First Steps' is set to debut on digital streaming soon, featuring stars like Pedro Pascal and Vanessa Kirby.

Editor’s Note: This release is exciting for fans of the Marvel universe, as it brings a beloved franchise to home viewing. Knowing when it will be available allows fans to plan their movie nights.

Disney is partnering with Webtoon to launch a new platform featuring 35,000 digital comics from popular franchises like Marvel and Star Wars.

Editor’s Note: This partnership is significant as it expands Disney's digital presence and offers fans access to a vast library of comics, enhancing the reading experience and engagement with beloved characters.

China's stock market, valued at $19 trillion, is attracting foreign investors once more, reversing its previous reputation as uninvestable. This shift indicates growing confidence in the Chinese economy and its market potential.

Editor’s Note: This matters because it reflects a significant change in investor sentiment towards China, suggesting that foreign investors are starting to see opportunities in a market that was previously avoided. It could lead to increased capital inflow and economic growth.

The article discusses how China is managing its economy amid the ongoing trade war with the United States, particularly under Trump's administration. It highlights strategies and adjustments made by China to mitigate the impact of tariffs and trade restrictions.

Editor’s Note: Understanding how China navigates the trade war is crucial as it affects global markets and international relations. The strategies employed by China could influence future trade policies and economic stability in both countries.

The article explores the potential role of TikTok in fostering dialogue between Trump and Xi. It discusses how social media platforms can influence international relations.

Editor’s Note: Understanding the dynamics between major world leaders is crucial, especially in today's digital age. TikTok, as a popular platform, could serve as a unique bridge for communication and diplomacy.

Nvidia's latest AI chip aimed at the Chinese market is experiencing weak demand, raising concerns about its commercial viability.

Editor’s Note: This matters because it highlights the challenges tech companies face in navigating the competitive landscape of AI technology in China, which could impact future investments and innovations.

China has introduced new measures aimed at boosting domestic consumption, particularly in the services sector, including sports and entertainment. This initiative seeks to support the economy amid slower growth.

Editor’s Note: This plan is significant as it reflects China's proactive approach to stimulate its economy. By focusing on services, the government aims to enhance consumer spending, which is crucial for sustainable economic growth.

The US and China have reached a framework deal regarding TikTok, allowing the video platform's ownership to be transferred to a group of American investors. This move aims to prevent a ban on the app in the United States.

Editor’s Note: This deal is significant as it addresses ongoing concerns about data security and foreign ownership of popular apps. By involving American investors, it aims to reassure users and regulators while keeping TikTok operational in the US market.

China has announced new measures aimed at boosting services consumption to stimulate economic growth. These initiatives are expected to enhance consumer spending and support the recovery of various sectors.

Editor’s Note: This matters because increased services consumption can lead to a stronger economy, creating jobs and improving living standards. As China navigates post-pandemic recovery, these measures could play a crucial role in sustaining growth.

Beijing announced that TikTok's US app will utilize a Chinese algorithm. This comes as Donald Trump extends the deadline for a potential shutdown of the platform, indicating ongoing negotiations with China.

Editor’s Note: This development is significant as it highlights the complexities of international relations and technology. The use of a Chinese algorithm in a US app raises concerns about data privacy and security, while the extended deadline suggests that a resolution may be on the horizon.

Bank of America predicts that gold prices could reach $4,000 per ounce by the second quarter of 2026, suggesting further growth potential after recent record highs.

Editor’s Note: This prediction is significant as it indicates a bullish outlook on gold, which could impact investors and the commodities market. Understanding these trends can help investors make informed decisions.

The U.S. government has ordered Delta and Aeromexico to end their partnership, which allowed them to coordinate flight pricing and schedules. This decision follows claims from U.S. Transportation Secretary Sean Duffy that Mexico is treating U.S. airlines unfairly.

Editor’s Note: This matters because the dissolution of this partnership could impact flight options and prices for travelers. It highlights ongoing tensions between U.S. and Mexican airlines, potentially affecting competition and consumer choice in the aviation market.

Lei Qiu, CIO at AllianceBernstein, discusses the expanding adoption of AI and the opportunities it presents, emphasizing the need for caution. She shares insights on Bloomberg Tech.

Editor’s Note: This discussion is significant as it highlights the growing role of AI in various sectors and the balance between embracing innovation and exercising caution. Understanding these dynamics can help businesses navigate the evolving landscape.

The FDA has issued over 100 letters to Hims & Hers and other weight loss drugmakers, warning them to stop using false and misleading advertising. This action highlights concerns about the integrity of marketing practices in the weight loss industry.

Editor’s Note: This matters because misleading advertising can lead consumers to make uninformed health decisions. The FDA's intervention aims to protect public health and ensure that companies provide accurate information about their products.

ServiceNow is set to open an AI hub in West Palm Beach, Florida, creating 850 new jobs. This initiative is part of a new tower project developed by Stephen Ross.

Editor’s Note: This expansion highlights ServiceNow's commitment to growing its AI capabilities and workforce, which is significant for the local economy and the tech industry in Florida.