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A highly anticipated meeting between Donald Trump and Xi Jinping at the APEC summit failed to produce a final written agreement for the sale of TikTok's U.S. operations to a consortium of American investors. While the U.S. side claimed approval was granted, China's Ministry of Commerce stated that unresolved issues remain, particularly concerning the licensing of the TikTok suggestion algorithm, which is considered a national technology asset. The lack of a signed deal leaves the transaction under pressure to be completed before its mandated deadline of January 20, 2026, highlighting the complexity of U.S.-China technology and trade relations.

In a major boost for Intel, SoftBank Group has announced a strategic $2 billion investment, acquiring a significant stake in the U.S. chipmaker. The deal, which comes as the Trump administration reportedly considers a separate equity stake, is a crucial lifeline for Intel as it works to regain its footing in the competitive semiconductor market. For SoftBank, the investment aligns with its ambitious long-term vision of fueling the AI revolution and solidifying its position within the advanced technology supply chain. The move reflects a powerful vote of confidence in Intel's future, as both public and private entities back its turnaround efforts.