President Donald Trump revealed that his administration is in discussions with China over the future of TikTok. Speaking to reporters aboard Air Force One, Trump did not elaborate on details but indicated ongoing negotiations as the U.S. seeks a potential sale of the popular video-sharing app. In another development, Apple has introduced its first custom-designed modem chip, reducing reliance on Qualcomm. The C1 modem will feature in Apple's newly launched iPhone 16e, priced at $599. The chip is part of Apple's strategy to incorporate more in-house components across its product lineup, promising improved battery life and performance. Watch The World Report for the latest updates.