NextFin news, On Friday, September 19, 2025, former U.S. President Donald Trump revealed that the United States has made progress in negotiations with China regarding a deal for the popular social media app TikTok. Trump did not provide further details on the nature or terms of the deal during his statement.
In related technology sector news, Apple Inc. CEO Tim Cook commented on the current tariffs affecting iPhone imports. Cook highlighted the challenges posed by these tariffs on Apple's supply chain and pricing strategies but did not specify any immediate changes to Apple's operations or pricing.
Additionally, xAI, an artificial intelligence startup, announced it has successfully raised $10 billion in a recent funding round. This significant capital injection is expected to accelerate xAI's research and development efforts in AI technologies, positioning the company as a major player in the competitive AI landscape.
These announcements were reported by Seeking Alpha on September 19, 2025, reflecting ongoing developments in the technology industry that could influence market dynamics and international trade relations.
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