Monday's world stories
China's LeEco calls off its $2 billion purchase of TV maker Vizio
LeEco has decided to cancel its planned $2 billion acquisition of US TV maker Vizio, according to a statement reported by multiple news outlets on Monday.
We continue to believe that there is great synergy between the two companies, and are pleased to announce that LeEco and Vizio have reached an agreement that is a win for both companies ... LeEco and Vizio will continue to explore opportunities to incorporate the Le app and content within the Vizio connected CE platform, and engage in a collaborative partnership to leverage LeEco's ecosystem user interface platform, along with the brand's exclusive content and distribution channels, to bring Vizio products to the China market.
The backstory: LeEco had been trying to expand rapidly both geographically, especially in the U.S., as well as into new areas like cars. But the Chinese company has also faced a cash crunch. The Vizio deal was originally supposed to close last year, but had been delayed because Chinese regulators had yet to sign off.

Beijing will pay citizens to help catch spies
Beijing is now offering citizens rewards up to 500k yuan ($72,460) in exchange for information on foreign spies, reports China's state news agency Xinhua. The new policy, which went into effect Monday, lets informants pass information to authorities by calling through a hotline, sending letters, or visiting the city's state security bureau.
- Public security officials said in a statement cited by Quartz that the capital is the main location of foreign agents, and Beijing wants ordinary citizens to create a metaphorical "steel-like Great Wall" to help protect China from "traitors and spies."
- The statement notes that the personal information of informants will not be disclosed without their consent, and they can seek protection from security authorities if they feel they are in danger.
- However, it also warned that "informants will be punished if they deliberately slander others, or invent and spread false information."
Why this matters: It's another indication of the crackdown on foreign spying that has intensified since Xi Jinping came to power in 2012.

Haley: Regime change is coming in Syria
UN Ambassador Nikki Haley told CNN's Jake Tapper the administration thinks regime change is on the horizon for Syria:
Regime change is something we think is going to happen because parties are going to see Assad is not the leader.
On Russia and Iran: "I don't think anything is off the table" in terms of stepping up sanctions against Russia, Iran, and others who support Assad.
On next steps: Haley said if Trump "needs to do more, he will do more" beyond Thursday's strikes, but added on Meet the Press: "We're going to keep all of our thoughts and plans close to the chest."
National Security Advisor H.R. McMaster also said "we're prepared to do more," on Fox News Sunday but Rex Tillerson was more cautious in his Sunday show appearances, saying ISIS was the priority and not directly calling for regime change.



