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A new survey shows US companies face rising tariffs and costs in China, with many planning to stay despite economic pressures. Meanwhile, China's manufacturing activity slightly improves but remains in contraction, and US markets show volatility amid ongoing trade negotiations and legal challenges to tariffs.
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As of September 28, 2025, former President Donald Trump confirmed that Rupert and Lachlan Murdoch, alongside Oracle's Larry Ellison and Michael Dell, are part of a U.S. investor group set to acquire TikTok's American operations. The deal aims for majority American ownership and control over TikTok's data and algorithm, with a deadline to finalize details by December 16, 2025.
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Microsoft announced it has received approval to ship over 60,000 Nvidia chips to the UAE, including advanced GB300 Grace Blackwell processors, in a move that appears to contradict US export restrictions. The deal is part of a broader investment in AI infrastructure in the region, amid ongoing US-China chip export tensions.
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Michael and Susan Dell announced a $6.25 billion donation to fund 'Trump Accounts,' a federal program that seeds investment accounts for children born between 2025 and 2028. The gift aims to support 25 million children in low- to middle-income ZIP codes, marking one of the largest philanthropic efforts directly benefiting American youth.