On Thursday, Donald Trump will walk into the Great Hall of the People in Beijing, shake Xi Jinping's hand, and declare it a great meeting. There will be announcements. There will be numbers — billions of dollars in Chinese purchase commitments, a new bilateral mechanism with an important-sounding name, possibly a joint statement on Iran. Trump will post on Truth Social. Markets will rally briefly. Pundits will argue about who won. None of that will tell you what actually happened. What is actually happening in Beijing this week is something more consequential and more uncomfortable than the summit theatre will reveal: two leaders of two deeply mutually dependent superpowers, both of whom need this meeting to succeed for entirely different reasons, sitting across a table in a world that has already moved past the assumptions that defined their last nine months of negotiations. The Iran war changed the equations. The rare earth gambit changed the power balance. Taiwan is sitting in...
Twitter will make about $25 million after striking search deals with Google and Microsoft, as reported by people familiar with the matter. According to sources Twitter stands to make $15 million from the deal struck with Google and $10 million from the Microsoft deal. The deals have to do with real-time search. With Google and Bing now showing real-time search results on the main search pages. The latest Twitter updates will show up beside progressing news stories and other matters of interest. This has been a huge deal for search engines looking to give updated search results which are mostly available on Social Networking sites like Twitter and Facebook. The deal will enable Twitter to make a small profit in 2009 according to analysts who estimate that it cost Twitter $20 to 25 million in operational costs each year. Twitter has 105 employees according to their site. Representatives from both Google and Microsoft declined to comment. An original post by Sociolatte