Technology October 31: US - China still have not reached an agreement on TikTok

China is willing to cooperate with the US on TikTok

China's Ministry of Commerce said it would work with the US to "properly resolve" issues related to TikTok's separation from parent company ByteDance, but did not provide a timeframe or specific details.

The announcement came after a face-to-face meeting between President Donald Trump and President Xi Jinping. Despite the importance of the meeting, Mr. Trump did not mention TikTok in his remarks afterward.

TikTok still has no way out: US and China have not finalized the deal. (Source: CNBC)

Under US national security laws, ByteDance must sell its TikTok operations in the US or face being banned. However, China has yet to approve the terms of the deal, which would allow a new joint venture company to control TikTok in the US.

Experts say the lack of specifics from China could increase the risk of policy misalignment, with some analysts suspecting that Beijing’s interests in TikTok are not entirely aligned with those of the United States.

Apple forecasts holiday iPhone sales above expectations

Apple CEO Tim Cook said iPhone sales in the fourth quarter of 2025, which includes major holidays, will increase by double digits compared to the same period last year, and total revenue is expected to increase by 10-12%. These figures far exceed the forecasts of Wall Street analysts.

In Q3 2025, Apple had difficulty meeting demand for iPhone 17 models and some older iPhone 16 models. The launch of the iPhone Air in China was delayed due to e-SIM regulations, causing sales to decline in this market.

Apple CEO Tim Cook attends an event in China in 2024. (Source: Reuters)

Despite iPhone sales missing expectations, Apple still surpassed its profit target thanks to other products such as new AirPods with integrated AI language translation, along with strong sales from services, Mac and accessories.

Apple incurred about $1.1 billion in tariff-related costs last quarter, and expects that to increase to $1.4 billion in the current quarter. Gross profit margin is expected to be 47-48%, higher than the average Wall Street forecast.

Meta raises up to $30 billion in bonds to expand AI infrastructure

Meta Platforms said it will raise up to $30 billion through a six-part bond offering with maturities ranging from five to 40 years, making it the company's largest ever issuance.

The move is aimed at funding the expansion of artificial intelligence (AI) infrastructure, which is becoming increasingly costly. Meta said capital spending next year will “increase significantly” compared to 2025.

Investors are closely watching the return on large investments in AI, especially amid fierce competition between tech giants like Google, Microsoft and Amazon.

Mr. Quang

Source: https://vtcnews.vn/cong-nghe-31-10-my-trung-van-chua-thoa-thuan-xong-ve-tiktok-ar984272.html