Meta regains its foothold in China.

Plus, Novoordisk rushes to up production of its popular obesity treatments,

and we'll look at how the US let its influence in Latin America slip away.

There's a lot of frustration here.

They want to do business with the US,

but the US is not playing ball because US domestic politics

has changed quite dramatically in terms of promoting domestic industry and

perhaps ignoring parts of the rest of the world.

It is Friday, November 10th. I'm Luke Varnie. ignoring parts of the rest of the world.

It is Friday, November 10th.

I'm Luke Vargas for the Wall Street Journal,

and here is the AM edition of What's News?

The top headlines and business stories

moving your world today.

Meta is returning to China.

We're exclusively reporting that it struck a preliminary deal with the

world's largest video game company, Tencent, to sell its meta- Virtual Reality

headsets in the country as early as next year. The deal comes 14 years after Facebook was shut out of China and

Journal reporter Raphael Huang told us it could open up a major new market for Meta's

VR gear. The global shipment of VR headsets has been declining in recent quarters

due to the weakened economy and aging product offerings.

So the market is wondering whether VR headsets are able to win over a broader base of consumers.

...