The Chinese owner has denied it is willing to sell TikTok as the US ban escalates TikTok’s Chinese parent company ByteDance said on Thursday that it has no plans to sell the social media platform, its first official response to the fraught issue since President Joe Biden signed a bill that could lead to a nationwide ban on the wildly …
Read More »Australia takes on ‘arrogant billionaire’ Elon Musk over violent image at X
Australia takes on ‘arrogant billionaire’ Elon Musk over violent image at X In one camp is a tech billionaire with more than 181 million followers on his own social network. In another, a political leader representing a country of only 26 million people. Insults have been hurled for days by both sides in the increasingly open fight between X owner …
Read More »Google surged after buying back billions of dollars of its own stock
Google surged after buying back billions of dollars of its own stock Alphabet, the parent company of Google, bounced back from a terrible day for tech stocks, as its shares surged Thursday after the closing bell. All it has to do is hand over billions of dollars to investors. The tech giant announced its first quarterly cash dividend, saying it …
Read More »TikTok suspends its TikTok Lite rewards program in the EU amid regulatory scrutiny
TikTok suspends its TikTok Lite rewards program in the EU amid regulatory scrutiny TikTok said on Wednesday it would suspend a controversial program in the European Union that has caused growing concern among EU regulators. The program at issue appears in TikTok Lite, a less data-intensive version of the main TikTok app, and which contains a feature that rewards users …
Read More »Columbia President Minouche Shafik is facing criticism from all directions
Columbia President Minouche Shafik is facing criticism from all directions When Minouche Shafik was announced as president of Columbia University last year, she was called the “perfect candidate” by the chair of Columbia’s Board of Trustees. Now, some of his own students and professors, as well as the speaker of the Dewan Rakyat, are calling for his resignation. Just over …
Read More »Net neutrality returns as the FCC votes to regulate internet providers
Net neutrality returns as the FCC votes to regulate internet providers The US government on Thursday banned Internet service providers (ISPs) from interfering with the speeds their customers receive when browsing the web and downloading files, reinstating strict rules scrapped during the Trump administration and setting the stage for a major legal battle with the broadband industry. Net neutrality rules …
Read More »Concerns about stagflation are growing in the US. It is every central banker’s worst nightmare
Concerns about stagflation are growing in the US. It is every central banker’s worst nightmare Over the past few years, the US economy has grown at a rate that seems too good to be true. So, at first glance, Thursday’s gross domestic product report showing the US economy grew at an annual rate of 1.6% in the first quarter of …
Read More »What do pro-Palestinian protesters want on college campuses?
What do pro-Palestinian protesters want on college campuses? College campuses across America have been rocked by unrest that has resulted in clashes with police, closed classrooms and drawn national attention. While much of the initial focus has been on antisemitic incidents and how university officials and police responded to the demonstrations, all of this raises a fundamental question: What exactly …
Read More »The White House has not bowed to Israel’s support despite the chaos on campus
The White House has not bowed to Israel’s support despite the chaos on campus When President Joe Biden visited Virginia to commemorate Earth Day on Monday, he was joined by Senator Bernie Sanders, a key architect of the clean energy proposal that Biden is rolling out. But that’s not the only thing on Vermont’s independent mind. Sanders, according to people …
Read More »Protests continued on campuses across the US as more arrests were announced. This is the latest
Protests continued on campuses across the US as more arrests were announced. This is the latest A wave of pro-Palestinian campus protests is raging across the US, with hundreds of people arrested at universities across the country this week. At New York’s Columbia University, the center of the demonstration, protesting students said they would not disperse until the school agreed …
Read More »