
Pinduoduo is giving its entire profit for last quarter back to rural China
CNN
One of China's biggest tech firms has pledged to hand over its entire profit for the last quarter to rural development projects in the country as Beijing steps up the pressure for wealth redistribution.
E-commerce firm Pinduoduo (PDD) on Tuesday pledged to donate the $372 million it made in the three months through June 30 toward the development of China's agricultural sector and rural areas. In total, it expects to donate 10 billion yuan ($1.5 billion) toward such causes. "This is an important and challenging task, which we will invest in patiently," said Chen Lei, chairman and CEO of Pinduoduo, adding in a statement that he would personally oversee the project.
Maria Corina Machado, the Venezuelan opposition leader and 2025 Nobel Peace Prize winner, arrives in Washington this week for high-stakes talks with US President Donald Trump on the future of Venezuela following the ouster of Nicolás Maduro. The meeting comes after Trump surprised many by allowing Maduro’s vice president, Delcy Rodríguez, to assume control, dashing opposition hopes for a new democratic era.

Most Americans see an immigration officer’s fatal shooting of Minneapolis resident Renee Good as an inappropriate use of force, a new CNN poll conducted by SSRS finds. Roughly half view it as a sign of broader issues with the way US Immigration and Customs Enforcement is operating, with less than one-third saying that ICE operations have made cities safer.











