Industry

TikTok, ByteDance Spend Over $7 Million on Lobbying and Ads to Fight Potential US Ban

TikTok, ByteDance Spend Over $7 Million on Lobbying and Ads to Fight Potential US Ban

TikTok and its China-based parent company, ByteDance, have collectively spent over $7 million to counter its potential US ban.


FTC Votes in Favor of Ban Against Noncompete Agreements That Prevent Employees From Working for Competitors

The FTC has voted in favor of a nationwide ban against noncompete agreements. The Federal Trade Commission (FTC) voted 3-2 on Tuesday to ban noncompete agreements, which companies use to prevent employees from working with competitors within the same industry.

Amazon's New Facility in Johnston County Brings Over 1,000 Jobs

The facility was officially opened on Tuesday with a ribbon-cutting ceremony attended by Amazon officials and local leaders.

Apple's Newly Announced May 7 Event Expected to Unveil Latest iPad Model

Apple has confirmed that it will host a highly anticipated event on May 7th, where it is expected to unveil updated versions of its popular iPad Pro and iPad Air models.


Latest News

US President Joe Biden delivers remarks to commemorate Earth Day
Biden's $7B grants are set to create 200,000 jobs and save households $400 yearly on energy costs.
A24 CIVIL WAR
The dystopian thriller, directed by Alex Garland and starring Kirsten Dunst, brought in $11.1 million in ticket sales across 3,929 theaters in its second week.
Tesla Slashes EV Prices in China, Germany and Other Countries in Europe as Sales Drop
Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States.
Unclaimed Baggage: This Company Sells Lost Luggage Luxury Items Like Rolex Watches, Louis Vuitton Bags at Crazy Low Prices
A store known for selling items found in lost luggage at discounted rates has gained global attention for its unique offerings, which include luxury items like Rolex watches and Louis Vuitton bags.
Elon Musk Confirms He Is Visiting India to Meet Prime Minister Narendra Modi
The planned visit, initially set for the upcoming week, was eagerly awaited and anticipated to involve vital talks concerning Tesla's entry into the Indian market.
Michigan's Bird Flu (H5N1) Outbreak Linked to Texas Dairy Cows, Affecting Poultry and Cattle Operations
According to the World Health Organization (WHO), the H5N1 bird flu virus strain has been found in raw milk from infected animals in significant amounts. However, it is still unclear how long the virus cans survive in milk.
In the Era of Shrinkflation, Cinemark Sued for Allegedly Swindling Customers by Shortchanging Them on Beverages
Cinemark is allegedly duping its customers by offering 24-ounce drink cups that can only hold a maximum of 22 ounces, according to a proposed class-action suit filed in a Texas federal court.
NETHERLANDS-TECHNOLOGY-INTERNET-SEMICONDUCTORS
The Dutch Finance Minister expressed confidence in ASML's commitment to remain in the Netherlands despite the company's previous threats.
Shipping Industry Calls on UN to Protect Vessels, Seafarers Following Iran's Seizure of MSC Aries Container Ship
The shipping industry is urging the United Nations (UN) to take decisive action to protect merchant vessels and seafarers amid escalating attacks in the Middle East.
Joe Biden Moves to Triple Tariffs on Chinese Steel and Aluminum to Protect US Industries Against China's Unfair Practices
President Joe Biden has proposed a tripling of the existing tariff rate on some steel and aluminum imports from China.
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