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U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer hold a press conference, following a meeting with Chinese Vice Premier He Lifeng, on the day of U.S.-China talks on trade, economic and national security issues, in Madrid, Spain, September 15, 2025.

Louiza Vradi | Reuters

Treasury Secretary Scott Bessent said Tuesday that President Donald Trump was willing to let TikTok go dark, and it was “what turned the tide” in the deal framework with China.

“President Trump made it clear that he would have been willing to let Tiktok go dark, that we were not going to give up national security in favor of the deal,” Bessent told CNBC’s “Squawk Box.”

TikTok parent company ByteDance is still looking at a Sept. 17 deadline to divest the app’s U.S. operations or potentially be shut down in the country.

The Trump administration hasn’t yet formally extended the deadline, though U.S. Trade Representative Jamieson Greer said Monday that more time may be needed for the deal to be finalized and signed.

Bessent said Tuesday that the commercial terms of the deal between ByteDance and the new investors had been done “in essence” since March or April.

After Trump’s massive tariff announcement on April 2, the Chinese put the deal on hold, he said.

Trump and Chinese President Xi Jinping are expected to speak Friday to finalize the deal.

“We were able to reach a series of agreements, mostly for things we will not be doing in the future that have no effect on our national security,” Bessent said Tuesday.

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Figure AI sued by whistleblower who warned that startup’s robots could ‘fracture a human skull’

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Figure AI sued by whistleblower who warned that startup's robots could 'fracture a human skull'

Startup Figure AI is developing general-purpose humanoid robots.

Figure AI

Figure AI, an Nvidia-backed developer of humanoid robots, was sued by the startup’s former head of product safety who alleged that he was wrongfully terminated after warning top executives that the company’s robots “were powerful enough to fracture a human skull.”

Robert Gruendel, a principal robotic safety engineer, is the plaintiff in the suit filed Friday in a federal court in the Northern District of California. Gruendel’s attorneys describe their client as a whistleblower who was fired in September, days after lodging his “most direct and documented safety complaints.”

The suit lands two months after Figure was valued at $39 billion in a funding round led by Parkway Venture Capital. That’s a 15-fold increase in valuation from early 2024, when the company raised a round from investors including Jeff Bezos, Nvidia, and Microsoft.

In the complaint, Gruendel’s lawyers say the plaintiff warned Figure CEO Brett Adcock and Kyle Edelberg, chief engineer, about the robot’s lethal capabilities, and said one “had already carved a ¼-inch gash into a steel refrigerator door during a malfunction.”

The complaint also says Gruendel warned company leaders not to “downgrade” a “safety road map” that he had been asked to present to two prospective investors who ended up funding the company.

Gruendel worried that a “product safety plan which contributed to their decision to invest” had been “gutted” the same month Figure closed the investment round, a move that “could be interpreted as fraudulent,” the suit says.

The plaintiff’s concerns were “treated as obstacles, not obligations,” and the company cited a “vague ‘change in business direction’ as the pretext” for his termination, according to the suit.

Gruendel is seeking economic, compensatory and punitive damages and demanding a jury trial.

Figure didn’t immediately respond to a request for comment. Nor did attorneys for Gruendel.

The humanoid robot market remains nascent today, with companies like Tesla and Boston Dynamics pursuing futuristic offerings, alongside Figure, while China’s Unitree Robotics is preparing for an IPO. Morgan Stanley said in a report in May that adoption is “likely to accelerate in the 2030s” and could top $5 trillion by 2050.

Read the filing here:

AI is turbocharging the evolution of humanoid robots, says Agility Robotics CEO

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Here are real AI stocks to invest in and speculative ones to avoid

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Here are real AI stocks to invest in and speculative ones to avoid

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The Street’s bad call on Palo Alto – plus, two portfolio stocks reach new highs

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The Street's bad call on Palo Alto – plus, two portfolio stocks reach new highs

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