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HARD NUMBERS: Spain jacks taxes for foreigners, North Korea blasts off again, Haitian displacements soar, Red Note noted by TikTok users
2: The new year is off to an explosive start in North Korea, where the regime has already conducted its second large-scale missile test of 2025, firing a barrage of short-range ballistic weapons into the sea between the Korean Peninsula and Japan. Last week, Pyongyang let fly a hypersonic medium-range missile, after spending much of 2024 testing missiles of all kinds. Over the past year, Supreme Leader Kim Jong-un has severely hardened his policy toward the US, South Korea, and Japan, which he accused of forming a bloc of “aggression.”
1, 041,000 million: The number of Haitians displaced by gang violence has tripled over the past year, reaching at least 1,041,000 people, according to a new UN assessment. The forced return of about 200,000 Haitians from the neighboring Dominican Republic had made the problem even worse. Last week, Guatemala was the latest country to join a Kenyan-led international mission in Haiti that is struggling to quash the powerful gangs that control much of the capital, Port-au-Prince.
300 million: With just days before TikTok’s ban in the US is set to go into effect, thousands of the popular app’s users are reportedly flocking – in both irony and protest – to another Chinese-owned video platform called Xiaohongshu, or “little red book,” which English speakers simply call “Red Note.” The app has 300 million users already and is mostly in Chinese, meaning most of the new users have to use translation tools to navigate it.
TikTok ban likely to be upheld
On Friday, the Supreme Court appeared poised to uphold the TikTok ban, largely dismissing the app’s argument that it should be able to exist in the US under the First Amendment’s free speech protections and favoring the government's concerns that it poses a national security threat.
Put simply, they see it as an issue of national security, not free speech.
“Congress doesn’t care about what’s on TikTok. They don’t care about the expression,” claimed Chief Justice John Roberts during questioning, clarifying “That’s shown by the remedy. They’re not saying TikTok has to stop. They’re saying the Chinese have to stop controlling TikTok.”
What’s the threat? US lawmakers are concerned about the Chinese government having access to enormous amounts of Americans’ data – and fear the app could be used to spread Beijing’s agenda. Facebook and other American social media platforms are notably banned in China – with Beijing taking a similar view to that of the US government. The justices seemed worried that TikTok could be used for espionage or even blackmail.
What does upholding the ban mean for the app? If the court rules against the app, it would mean that Bytedance, Tiktok’s parent company, must divest from the company before Jan. 19 or face a national ban on national security grounds. The app would no longer be available on the Google or Apple app stores.
But it won’t disappear from your phone if you already have it downloaded. The ban would only affect future downloads. Without the ability to update the app, however, it will likely degrade, and TikTok may block US users before that happens to avoid further legal issues. Incoming President Donald Trump has pledged to save the app, but there is no clear legal method to do so.
The decision could be an early reflection of one of this year’s Top Risks 2025 from our parent company, Eurasia Group: the breakdown of the US-China relationship. The world’s biggest superpowers increasingly distrust one another, and Trump’s return to office is likely to exacerbate the decoupling — increasing the risk of instability and crisis.
Why is TikTok being investigated by the EU over Romania's elections?
Carl Bildt, former prime minister of Sweden and co-chair of the European Council on Foreign Relations, shares his perspective on European politics from Northern Italy.
Why is the EU investigating TikTok over the elections in Romania?
Well in the first round of the Romanian presidential elections, there were suddenly, just days before the election, over 25,000 TikTok accounts that suddenly appeared. And they seemed to be supporting, very heavily, the rather sudden far-right candidate who had quite a result in that particular election that has subsequently been annulled. So it makes sense to investigate what really happened and who was behind it.
What is the new French prime minister doing in order to resolve the political crisis of the country?
Early days. He hasn't even presented his government as of yet. But I would guess that he will try to have a dialogue both with the elements of the moderate left and the moderate right to see if he can get a budget through. He is an experienced operator on the French political scene. Perhaps less determined in terms of policies than Michel Barnier was, but let's see. I think he'll present his policy program by mid-January, and there we'll be able to judge somewhat more clearly what prospects he has.
- In historic first, Romania annuls election over claims of TikTok interference ›
- Be very scared of AI + social media in politics ›
- TikTok is the ultimate propaganda tool, says tech expert Scott Galloway ›
- Macron has put France’s fate in Le Pen’s hands ›
- What France's government collapse means for Macron and Europe ›
Hard Numbers: Trump meets with TikTok, Europe investigates it, Morales investigated for sexual abuse, Mexico charges Walmart for monopoly
6: Speaking of TikTok, it is also in hot water in the EU, where it is under investigation for potentially breaching digital regulations during Romania's presidential election. After Romania's top court canceled the first-round voting results, authorities alleged a Russian-organized social media campaign boosted far-right candidate Calin Georgescu through paid influencer promotions. The investigation will examine TikTok's content recommendation systems and could result in mandatory platform changes or fines up to 6% of the company's global revenue.
15: Bolivian prosecutors sought an arrest warrant for former President Evo Morales in a sexual abuse investigation involving an alleged relationship with a 15-year-old girl in 2016. Morales, who denies the allegations, claims this is a political conspiracy to prevent him from running in next year's election. A conviction would not only result in criminal charges but also potentially ban him from political office, effectively ending his political career.
2.5%: Mexico's anti-monopoly regulators imposed 10-year special conditions on Walmart's Mexico subsidiary for allegedly pressuring suppliers and engaging in monopolistic practices. The Federal Competition Commission accused Walmart of using market power to force suppliers to offer exclusive discounts and prevent them from giving better prices to competitors. Walmart was fined $4.6 million and plans to appeal, claiming the case is unfair. The company's shares fell 2.5% following the announcement.
Hard Numbers: Pony time, Book deals, ByteDance sues an intern, Japan’s investment, Your death clock is ticking
13: Pony AI, a Chinese robotaxi company debuted on the Nasdaq stock exchange, the latest Chinese tech company to enter the US public markets. The company issued an initial public offering at $13 per share on Nov. 27 about two years after China started a high-profile crackdown on its companies listing on US markets. It raised $260 million during its IPO, with Bloomberg remarking that it signaled “strong investor interest” in the company.
8,000: A venture-backed startup named Spines plans to publish 8,000 books next year, charging authors $1,200–$5,000 for the production process, including AI-assisted proofreading, design, and distribution. While Spines says it can offer opportunities to would-be writers and save them weeks of labor, traditional publishing houses have criticized the startup for trying to make money off of these writers with technology that makes many in the industry uncomfortable.
1.1 million: ByteDance, the Chinese company that owns TikTok, is suing a former intern in a Beijing court for $1.1 million, alleging that the intern deliberately sabotaged its generative AI training model by manipulating and modifying its code. The company said, however, that rumors that it lost millions of dollars and thousands of powerful graphics processors were exaggerated.
9.9 billion: The Japanese government is earmarking an extra $9.9 billion for its semiconductor and artificial intelligence ambitions. Some of that money will likely go to Rapidus, the homegrown chipmaking initiative that’s been heavily funded by the Japanese government, which aims to achieve mass production by 2027.
1,200: Want to know when you’ll die? Death Clock, an AI-powered longevity app trained on 1,200 life expectancy studies with 53 million participants, promises to tell users exactly when they’re going to perish. The app costs $40 a year and suggests lifestyle changes to users so they can delay their ticking countdown.
Hard Numbers: Viruses everywhere, TikTok content moderation cuts, Nevada’s “at-risk” student saga, TSMC on the rise
70,500: Researchers used artificial intelligence to identify 70,500 new viruses using metagenomics, in which scientists sequence entire environments based on individual samples. This research, led by University of Toronto researchers, uses a machine learning tool developed by Meta to find new viruses and predict their protein structures.
700: TikTok reportedly cut 700 jobs, including many in Malaysia, and will transition much of its content moderation work to artificial intelligence. This change only affects .6% of the social media company’s 110,000-person global workforce. Social media companies have long used a mix of human and automated systems to monitor user-generated content posted on their platforms.
200,000: Last year, the state of Nevada used an AI system to help it better identify what students in the state are “at risk” for falling behind academically and socially. But the AI, run by an outside contractor, developed a much higher bar for that determination, incorporating factors far beyond income levels, formerly the most important metric, and the number of “at-risk” students plummeted by about 200,000, leading the state to cut funding to many districts in need.
40: Stock analysts expect Taiwan Semiconductor Manufacturing Company to report a 40% profit increase when the chip fabrication giant reports its third-quarter earnings on Oct. 17. TSMC’s stock has already surged 77% this year due to surging demand from chip designers hungry to sell their products to AI companies.
TikTok lawsuit the latest in big-tech backlash
Fourteen US states are suing TikTok, alleging that the platform is addictive and harms the mental health of young people. The attorneys general come from states led by both Democrats and Republicans, and the coalition is headed by California and New York, home to millions of TikTok users.
The suits are the latest in a string of moves aimed at bringing large tech firms to heel. The US federal government is considering the breakup of Google and its anti-competitive search engine service as the firm faces a series of antitrust cases. The Federal Trade Commission is suing Meta, and the Department of Justice is suing Apple over an alleged monopoly on smartphones.
In Canada, the Trudeau government has launched a 3% Digital Services Tax on big tech firms in the country for revenue earned on “certain digital services that rely on engagement, data, and content contributions of Canadian users.” The Competition Bureau is also investigating Google over its advertising practices. School boards in the country’s most populous province, Ontario, have launched their own lawsuits against Meta, Snapchat, and TikTok, alleging that the social media giants run platforms that inhibit student learning.
The suits and taxes reveal a struggle between governments and tech giants over the social and economic responsibilities of massive companies that dominate not just their respective markets, but our behavior. As governments seek to extract more from the companies and bring them to heel over the effects of their products, the legal and legislative efforts are likely to continue to pile up – and yield results.
Hard Numbers: Florida braces for Milton, First survey of transgender US students, TikTok faces new legal challenges, BJP defeated in Kashmir, Dominican Republic escalates deportations
9: Millions have boarded up, sandbagged, and evacuated their homes in Florida this week as Hurricane Milton barrels through the Gulf of Mexico toward the Sunshine State. Deemed a Category 5 storm on Tuesday, with winds reaching speeds of up to 180 mph, Milton is expected to weaken slightly but still bring an "extremely life-threatening situation" when it makes landfall Wednesday night. Meanwhile, the Federal Emergency Management Agency – still busy with the impact of last month’s Hurricane Helene – reported this week that only 9% of its personnel, or 1,217 staffers, were available to help with new disaster relief efforts.
3.3: About 3.3% of US high school students identify as transgender, according to a new survey. The first-of-its-kind study also revealed 2.2% of students are questioning their gender identity. About 10% of transgender students reported suicide attempts, 10 times that of cisgender boys. Transgender issues are at the center of America’s culture wars – while most Americans favor discrimination protections for transgender people, support for restrictions on transgender care and education is significantly higher among Republicans than among Democrats.
13: TikTok is in legal hot water again as 13 US states and the District of Columbia have filed a lawsuit against the short-form video platform alleging that it breaks US consumer protection laws and has exacerbated a mental health crisis among teenagers. The suit comes as TikTok faces the prospect of being banned outright in the US next January unless it cuts ties with its China-based parent company ByteDance.
42: An alliance committed to restoring Kashmir’s autonomy within India won the region’s elections, which culminated on Oct. 8, taking 48 of the local legislature’s 90 seats. The vote was the first since Kashmir was stripped of its special status in 2019 by Indian Prime Minister Narendra Modi, whose Hindu nationalist BJP party won just 29 seats in the Kashmir election. However, the BJP also looked set to win a surprise victory in the state of Haryana – a result that the opposition Congress party is contesting.
7,000: The Dominican Republic has deported at least 4,900 Haitians since last Thursday alone. The move is part of a new policy in which the Dominican government says it will deport up to 10,000 undocumented migrants weekly amid rising concerns about crime and lawlessness. The government of Haiti, which is currently mired in a severe political, economic, and humanitarian crisis, has blasted the deportations as “an affront to human dignity.”