The US and China have reached a framework" deal to divest TikTok from its Chinese parent company, Treasury Secretary Scott Bessent told reporters during trade talks in Madrid on Monday. As noted by Reuters, Bessent confirmed that the framework is for a switch to a U.S.-controlled ownership." He said Trump will confirm the deal with [...]

Hello and welcome to Regulator. Today is the last day of The Verge's very good subscription sale: $4 for a month and $35 for the year, for full access to the entire site. Don't delay! When we launched Regulator two months ago, the premise was that I'd write about the collision between Big Tech and [...]