Jakub Porzycki | Nurphoto | Getty Images Business moguls such as Elon Musk should be prepared to spend tens of billions of dollars for TikTok’s U.S. operations should parent company ByteDance decide to sell. TikTok is staring at a potential ban in the U.S. if the Supreme Court decides to uphold a national security law
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This picture taken from the Israeli side of the border with the Gaza Strip shows smoke plumes rising from explosions above destroyed buildings in the northern Gaza Strip on January 13, 2025 amid the ongoing war between Israel and Hamas. Menahem Kahana | Afp | Getty Images Risk specialists identified armed conflict, extreme weather and
Beata Zawrzel | Nurphoto | Getty Images The SEC filed a lawsuit against Elon Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose he had amassed an active stake in Twitter, a secrecy that allowed him to buy shares at “artificially low prices.” Musk, who is also CEO of
Secretary of Defense hopeful Pete Hegseth called himself the target of a “coordinated smear campaign” as he denied a raft of allegations about his personal and professional conduct at a high-stakes Senate confirmation hearing Tuesday. Hegseth said reports about his alleged sexual impropriety, alcohol abuse and mismanagement of nonprofits were based on “anonymous sources” and
Anadolu | Anadolu | Getty Images LONDON — Britain’s competition watchdog on Tuesday opened an investigation into Google search services, marking its first major probe under the country’s tough new competition rules. The Competition and Markets Authority said that it’s looking to assess whether Google has “strategic market status” (SMS) under the new U.K. Digital
Jakub Porzycki | Nurphoto | Getty Images The Chinese government is considering a plan that would have Elon Musk acquire TikTok’s U.S. operations to keep the app from being effectively banned, Bloomberg News reported on Monday. The contingency plan is one of several options China is exploring as the U.S. Supreme Court determines whether to
FOR IMMEDIATE RELEASE January 13, 2025 Confirmed Guests: Ericka Torres – Deputy Superintendent of Education Robert Perez – Regional Liaison for State Superintendent Tony Thurmond Altadena, CA – In response to the ongoing hardships faced by residents in the Altadena and Pasadena areas, Pow Wow on Parade, co-founded by Baltazar Fedalizo, is stepping up with a vital food and
[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden is delivering an address aimed at highlighting his foreign policy achievements in office. The Democratic president’s speech at the State Department in Washington is billed as a
Stellantis North America Chief Operating Officer and Jeep CEO Antonio Filosa speaks during the Stellantis press conference at the Automobility LA 2024 car show at Los Angeles Convention Center in Los Angeles, California, on Nov. 21, 2024. Etienne Laurent | AFP | Getty Images DETROIT — Stellantis’ top priority for the U.S. this year is
Amazon said it is halting some of its diversity and inclusion initiatives, joining a growing list of major corporations that have made similar moves in the face of increasing public and legal scrutiny. In a Dec. 16 internal note to staffers that was obtained by CNBC, Candi Castleberry, Amazon’s VP of inclusive experiences and technology,
The U.S. military is prepared to deploy to help contain the wildfires that have devastated Los Angeles, Federal Emergency Management Agency (FEMA) Administrator Deanne Criswell said Sunday. “There are active duty military personnel that are on a ‘prepare to deploy’ order, that are ready to go in and continue to support the firefighting effort,” in an interview
New Tesla Model 3 vehicles on a truck at a logistics drop zone in Seattle, Washington, on Aug. 22, 2024. M. Scott Brauer | Bloomberg | Getty Images Tesla is voluntarily recalling about 239,000 of its electric vehicles in the U.S. to fix an issue that can cause its rearview cameras to fail, the company
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg slammed rival tech giant Apple for lackluster innovation efforts and “random rules” in a lengthy podcast interview on Friday. “On the one hand, [the iPhone has]
Jaap Arriens | Nurphoto | Getty Images Apple is losing market share in China due to declining iPhone shipments, supply chain analyst Ming-Chi Kuo wrote in a report on Friday. The stock slid 2.4%. “Apple has adopted a cautious stance when discussing 2025 iPhone production plans with key suppliers,” Kuo, an analyst at TF Securities,
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg told Joe Rogan in a podcast published Friday that his company was pressured by the Biden administration to remove content on side effects of Covid vaccines.
A sign hangs outside of a CosMc’s restaurant, a concept recently launched by McDonald’s, in Bolingbrook, Illinois, on Dec. 11, 2023. Scott Olson | Getty Images McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s. To test the concept, the fast-food giant opened its first CosMc’s location more than a year ago in
CNN says The Washington Post just laid off 100 people. In reality, it’s worse than that. The Post has signed 240 people to voluntary separation agreements. It has gotten rid of a whopping 10% of its entire staff. And those on the left fear that freedom of the press and free speech are at stake. Here’s why. The
U.S. President-elect Donald Trump speaks after a meeting with Republicans in Congress at the U.S. Capitol building in Washington, U.S. Jan. 8, 2025. Jeenah Moon | Reuters The Trump Organization on Friday unveiled a new ethics plan that it says will limit President-elect Donald Trump‘s involvement in management decisions and other aspects of the business
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