U.S. Overtakes China on Fortune 500; TikTok Cuts Jobs for AI | China in Focus

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The United States overtakes China for most companies on Fortune’s Global 500 list for the first time in four years. What’s behind the shift?

Secretary of State Antony Blinken offered reassurances on the U.S. commitment to the Indo-Pacific region, especially when it comes to China.

A hefty $800,000 penalty potentially awaits a California energy company executive. The Department of Justice filed suit against him for allegedly dodging tariffs on Chinese solar panels.

Is AI taking over the job market? TikTok seems to think so. The social media company is laying off hundreds of employees globally as it embraces AI technology.
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