Sources: talks between the US and TikTok over a national security agreement have accelerated ahead of the midterms as Republicans vow to hold hearings (Wall Street Journal)

Foo Yun Chee / Reuters:
Sources: Microsoft will likely soon offer the EU concessions regarding the Activision deal; source: the main remedy would be a 10-year licensing deal to Sony  —  Microsoft (MSFT.O) is likely to offer remedies to EU antitrust regulators in the coming weeks to stave off formal objections …

Politico:
German, French, and Norwegian data authorities warn against Qatar’s World Cup app Hayya and infection-tracking app Ehteraz, citing privacy and security concerns  —  Two World Cup apps pose serious privacy and security risks, European privacy regulators say.

Kyle Wiggers / TechCrunch:
Some experts warn that the EU’s proposed AI Act would create a legal liability for general-purpose AI systems while simultaneously undermining their development  —  Proposed E.U. rules could limit the type of research that produces cutting-edge AI tools like GPT-3, experts warn in a new study.

Bloomberg:
After India’s TikTok ban, Meta and Google are battling for the lead in the country’s short-video app economy that could generate up to $19B in sales by 2030  —  Prateek Bhardwaj broke out as a social media star on TikTok’s short-video platform, drawing in close to a million followers and a slew of big-brand endorsements.

Meghan Bobrowsky / Wall Street Journal:
COO Vanessa Pappas told senators that TikTok is working on a final deal with CFIUS that satisfies all US national security concerns, but didn’t give a timeline  —  Lawmakers express concern over potential Chinese influence of the popular short-video app  —  Investigation: How TikTok’s Algorithm Figures Out Your Deepest Desires

New York Times:
Sources: the US government and TikTok have reached a preliminary deal to resolve national security concerns without ByteDance selling it but some details remain  —  A draft agreement with the Biden administration to keep the Chinese-owned video app operating in the United States is under review.