Author: GT

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 been reached. “A deal was also reached on a ‘certain’ company that young people in our Country very much wanted…

You’ve built the hit product — now what? That’s the question Zoom CEO Eric Yuan and Emergence Capital general partner Santi Subotovsky will take on in their session, “What Comes After Breakout Success?” From expanding into new markets to launching the next product bets, this panel will explore how great companies avoid becoming one-hit wonders. Expect insights into the tough calls between focus and diversification, how to keep innovating at scale, and what investors look for in a second act. They’ll bring this conversation to the Going Public Stage at TechCrunch Disrupt 2025, happening October 27–29 at Moscone West in…

Back by overwhelming demand, we’ve added 10 more exhibit tables to TechCrunch Disrupt 2025 — and this will be the final release before they sell out. This is your last chance to showcase your company in front of 10,000+ founders, VCs, and tech innovators from October 27-29 at San Francisco’s Moscone West. Disrupt isn’t just a tech conference — it’s a launchpad. Startups of all stages come here to meet their first investors, land their biggest partnerships, and spark ideas that take them to the next level. In 2025, that launchpad could be your exhibit table. Books yours here. Image…

LONDON (AP) — Prime Minister Keir Starmer on Monday condemned “dangerous” comments by Elon Musk after the X and Tesla owner told an anti-immigration rally that violence is coming to Britain and they must fight or die. But the U.K. government resisted opposition calls to sanction Musk for the remarks.Starmer denounced violence on the fringes of Saturday’s 100,000 or more-strong “Unite the Kingdom” demonstration in London organized by far-right campaigner Tommy Robinson. Police said 26 officers were injured, four seriously, as a minority among the protesters tried to breach lines separating them from a smaller anti-racist counter-demonstration. There were 25…

Owner of VMware, Broadcom, announced that its VMware Cloud Foundation platform is now AI native at the VMware Explore conference a few weeks ago.It was the latest move by the company to keep up to speed with the rest of the technology industry’s wide and rapid adoption of large language models, yet came as the company battles bad press about licensing policy changes that have dogged it since it acquired virtualisation giant VMware in November 2023.The ending of the platform’s free tier, reports of aggressive sales tactics to keep subscribers on board, and several court cases focused on existing agreements,…

Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | Afp | Getty ImagesAlphabet has joined the $3 trillion club.Shares of the search giant jumped more than 4% on Monday, pushing the company into territory occupied only by Nvidia, Microsoft and Apple.The stock got a big lift in early September from an antitrust ruling by a judge, whose penalties came in lighter than shareholders feared. The U.S. Department of Justice wanted Google to be forced to divest its Chrome browser, and last year a district…

A framework deal has been reached for the ownership of popular social video platform TikTok, U.S. Treasury Secretary Scott Bessent said after weekend trade talks between the U.S. and China in Spain.Bessent said in a press conference after the latest round of trade talks between the worlds top two economies concluded in Madrid that U.S. President Donald Trump and Chinese Premier Xi Jinping would speak on Friday to possibly finalize the deal.Bessent said that the objective of the framework deal on the social media platform would be to switch to US ownership. Bessent said that Trump and Xi would speak…

When Mark Lee was a law student at Harvard, a trademark class exposed him to the staggering scale of counterfeiting, an illicit industry worth more than $3 trillion annually, and set him on an unexpected path to entrepreneurship. “I was always broadly interested in technology and startups, but I never really thought I’d be an entrepreneur. I assumed I was set to become a lawyer; most of my family members are lawyers, and practicing law felt like a natural path,” Lee said in an exclusive interview with TechCrunch. But when he got to Harvard Law, the education wasn’t quite what…

A Democratic candidate for governor of California will be giving TikTok a go, but with a caveat: He’ll only post videos in Spanish. At least for now.Former Biden administration Health Secretary Xavier Becerra is embracing the popular short-video app to target Spanish-language users. His campaign and surveys note that Hispanic adults use TikTok in much higher numbers than Black and white adults.Congress last year passed a ban on TikTok, but President Joe Biden, who signed the bill into law and was Becerra’s boss at the time, announced before leaving office that he wouldn’t enforce it. After the Supreme Court ruled…

China is one of Nvidia’s largest markets, particularly for data centers, gaming and artificial intelligence applications.Avishek Das | Lightrocket | Getty ImagesChina’s market regulator on Monday said that Nvidia violated the country’s anti-monopoly law, according to a preliminary probe, adding that Beijing would continue its investigation into the U.S. chip giant.Shares of Nvidia were down around 2% in premarket trading.Late last year, China’s State Administration for Market Regulation (SAMR) opened an investigation into Nvidia in relation to the acquisition of Mellanox and some agreements made during the acquisition. Nvidia acquired the Israeli technology company that creates network solutions for data…