Beijing is shelving its antitrust case against Google, as the United States and China ramp up negotiations over TikTok and Nvidia during a tense period in relations. People briefed on the matter said China’s State Administration for Market Regulation chose to end the competition inquiry into Google, a status in Chinese called “zhongzhi”, the Financial […]Beijing is shelving its antitrust case against Google, as the United States and China ramp up negotiations over TikTok and Nvidia during a tense period in relations. People briefed on the matter said China’s State Administration for Market Regulation chose to end the competition inquiry into Google, a status in Chinese called “zhongzhi”, the Financial […]

Beijing has paused its antitrust investigation into Google

Beijing is shelving its antitrust case against Google, as the United States and China ramp up negotiations over TikTok and Nvidia during a tense period in relations.

People briefed on the matter said China’s State Administration for Market Regulation chose to end the competition inquiry into Google, a status in Chinese called “zhongzhi”, the Financial Times reported on Thursday,

The FT added that Google has not yet received formal paperwork confirming the closure of the case.

After talks with Chinese counterparts in Madrid, U.S. Treasury Secretary Scott Bessent said a September 17 deadline that could have disrupted the popular social media app in the United States pushed negotiators toward a possible agreement.

He noted the deadline could be extended by 90 days to finish the terms, without giving specifics.

Bessent said that when commercial details are made public, the arrangement would keep cultural features of TikTok that Chinese negotiators want to protect. “They’re interested in Chinese characteristics of the app, which they think are soft power. We don’t care about Chinese characteristics. We care about national security,” Bessent told reporters at the close of two days of meetings.

Trump hinted at possible Chinese stake in TikTok

Asked whether China might hold a stake, former President Donald Trump said, “We haven’t decided that but it looks to me, and I’m speaking to President Xi on Friday, for confirmation of that.”

A Trump has said the platform aided his re-election last year, and his personal account counts 15 million followers. The White House launched an official TikTok account last month.

Any deal may still need approval from the Republican-led Congress. In 2024, Congress passed a law saying TikTok must be sold because of worries that China could access U.S. user data and use it for spying or influence. The Trump administration has not ordered a shutdown, since that could upset millions of users and disrupt political messaging.

China disappoints U.S. with fresh Nvidia crackdown

Separately as Cryptopolitan reported yesterday, China’s internet watchdog directed major tech companies to stop tests and cancel purchases of Nvidia’s RTX Pro 6000D. The Cyberspace Administration of China issued the instruction this week, targeting a product Nvidia built to comply with U.S. restrictions on advanced AI chips sold into China.

Before that notice, multiple firms had planned to buy tens of thousands of RTX Pro 6000D units. The order follows summer guidance steering companies away from Nvidia’s H20 and arrives as Washington and Beijing hold delicate trade talks.

Also on Monday, China said Nvidia violated the country’s anti-monopoly law. The State Administration for Market Regulation disclosed the step after what it called an initial review of Nvidia’s practices. The announcement came as officials from both countries met in Madrid, where chip policy is expected to be part of the agenda.

Bessent called the move “poor timing,” a remark analysts said could give Beijing added leverage during the discussions.

Nvidia’s Jensen Huang adopted a conciliatory tone Wednesday, telling reporters there are “a lot of places we can’t go to,” and saying he will stay “patient” as governments on both sides manage geopolitical tensions.

His comments came as Republican House Speaker Mike Johnson labeled China an “adversary” of the United States after a report that Beijing told tech companies to stop buying Nvidia’s artificial-intelligence chips.

“They steal our intellectual property,” Johnson said on CNBC’s “Squawk Box,” adding China shows “no regard whatsoever for U.S. trademark law or any of the other provisions that make for fair trade agreements.”

Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.

Market Opportunity
ConstitutionDAO Logo
ConstitutionDAO Price(PEOPLE)
$0.009602
$0.009602$0.009602
-0.37%
USD
ConstitutionDAO (PEOPLE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ripple (XRP) CEO Brad Garlinghouse Makes Another Statement Regarding the Anticipated US Cryptocurrency Legislation

Ripple (XRP) CEO Brad Garlinghouse Makes Another Statement Regarding the Anticipated US Cryptocurrency Legislation

Ripple CEO Brad Garlinghouse, in his latest statement, once again expressed his support for the cryptocurrency legislation being debated in the US. Continue Reading
Share
Coinstats2026/01/22 05:30
Trump Dismisses Stock Market Dip as Minor While Solana and XRP Stand to Gain

Trump Dismisses Stock Market Dip as Minor While Solana and XRP Stand to Gain

Trump calls stock market dip “peanuts” and predicts big gains for Solana and XRP, despite recent market volatility and geopolitical tensions. President Donald Trump
Share
LiveBitcoinNews2026/01/22 06:00
How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

The post How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings appeared on BitcoinEthereumNews.com. contributor Posted: September 17, 2025 As digital assets continue to reshape global finance, cloud mining has become one of the most effective ways for investors to generate stable passive income. Addressing the growing demand for simplicity, security, and profitability, IeByte has officially upgraded its fully automated cloud mining platform, empowering both beginners and experienced investors to earn Bitcoin, Dogecoin, and other mainstream cryptocurrencies without the need for hardware or technical expertise. Why cloud mining in 2025? Traditional crypto mining requires expensive hardware, high electricity costs, and constant maintenance. In 2025, with blockchain networks becoming more competitive, these barriers have grown even higher. Cloud mining solves this by allowing users to lease professional mining power remotely, eliminating the upfront costs and complexity. IeByte stands at the forefront of this transformation, offering investors a transparent and seamless path to daily earnings. IeByte’s upgraded auto-cloud mining platform With its latest upgrade, IeByte introduces: Full Automation: Mining contracts can be activated in just one click, with all processes handled by IeByte’s servers. Enhanced Security: Bank-grade encryption, cold wallets, and real-time monitoring protect every transaction. Scalable Options: From starter packages to high-level investment contracts, investors can choose the plan that matches their goals. Global Reach: Already trusted by users in over 100 countries. Mining contracts for 2025 IeByte offers a wide range of contracts tailored for every investor level. From entry-level plans with daily returns to premium high-yield packages, the platform ensures maximum accessibility. Contract Type Duration Price Daily Reward Total Earnings (Principal + Profit) Starter Contract 1 Day $200 $6 $200 + $6 + $10 bonus Bronze Basic Contract 2 Days $500 $13.5 $500 + $27 Bronze Basic Contract 3 Days $1,200 $36 $1,200 + $108 Silver Advanced Contract 1 Day $5,000 $175 $5,000 + $175 Silver Advanced Contract 2 Days $8,000 $320 $8,000 + $640 Silver…
Share
BitcoinEthereumNews2025/09/17 23:48