ByteDance Prefers to Shutdown TikTok Instead of Selling the App to US

ByteDance, the parent company of TikTok, has firmly stated that it has no plans to sell the business, despite the recent US law that requires it to do so or face a ban in America.


Minneapolis City Council Unanimously Approves Minimum Retail Price of $15/Pack for Cigarettes to Improve Public Health

The Minneapolis City Council imposed a minimum retail price of $15 a pack on cigarettes to improve public health...

Google's Parent Company Alphabet Approves First-Ever Dividend as Shares Skyrocket

Alphabet Inc. gains impressive revenue growth in its digital advertising sector and promising advancements in artificial intelligence...

Beijing Offers Subsidies for Companies That Buy Local AI Chips as China Cuts Reliance on Foreign Technology

Beijing city officials are providing subsidies for businesses that buy artificial intelligence (AI) chips made in China...


Latest News

Toshiba Mass Layoff Could Terminate 5,000 Domestic Workers—Who Might Be Affected?
Toshiba could terminate 5,000 domestic workers as it considers a mass layoff. Who could be affected?
Toyota Halts Prius Orders, Recalls 135K Hybrids in Japan Over Rear Door Handle Issue
Toyota recalls 135k Prius in Japan due to rear door handle issue. No accidents were reported. Production was halted, and orders were suspended.
Meta Wants Users to Pay for Their Privacy, Earning an Opposition From EU Privacy Watchdog
Meta's fee-based privacy model, facing opposition from the EU's privacy watchdog, prompts criticism for requiring users to pay for privacy protection, with advocacy groups calling for clarity on the i
Royal Mail Shares Surge After its Parent Company Rejects Takeover Bid From Czech Billionaire
IDS, owner of Royal Mail, saw its shares surge after rejecting a takeover bid from Czech billionaire Daniel Křetínský's EP Group.
Tesla Wants to Reapprove $56 Billion Salary for Elon Musk After a Court Decision Called it 'Flawed'
Tesla wants shareholders to agree to give Elon Musk a $56 billion pay package following a void from Delaware's court ruling, prompting the EV company to move its company registration to Texas instead.
Apple CEO Tim Cook Says Tech Giant May Consider Manufacturing in Indonesia After Meeting with President Joko Widodo
Tim Cook said Apple would "look at" manufacturing in Indonesia after meeting with President Joko Widodo.
‘Grand Theft Auto’ Maker Take-Two Lays off 5% of Employees, Scraps Multiple Projects
Take-Two Interactive claimed in a filing that it is reducing development projects and workers to reorganize its business.
Melatonin Manufacturers Urged to Adopt New Packaging and Labeling Rules Following Uptick in Hospitalizations Among Children
The Council for Responsible Nutrition (CRN) released new melatonin safety standards, which supplement manufacturers urged to follow.
NPR Suspends Senior Editor Uri Berliner After Exposing Network's Hunter Biden Scandal Cover-Up, Liberal Bias
Senior business editor Uri Berliner was suspended by NPR for publishing an essay in which he issued an open letter breaking ranks and alleging that the nonprofit radio network had permitted liberal bi
UnitedHealth Reports Losses of $872 Million to Change Healthcare Cyberattack
US health insurance giant UnitedHealth Group said Tuesday in its first-quarter operations earnings report that a cyberattack on its subsidiary Change Healthcare cost the company $872 million.
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