PA-Based Federal Judge Denies Blocking FTC’s Noncompete Ban

PA-Based Federal Judge Denies Blocking FTC’s Noncompete Ban

A Pennsylvania-based federal judge ruled to decline calls to block bans on noncompete agreements issued by the Federal Trade Commission, which was a divergence from an earlier decision at a Texas counterpart earlier this month.


Switzerland Orders Government Software to Become Open Source

Switzerland became one of the world’s first countries to mandate making its government website softwares to become open source with the implementation of the Federal Law on the Use of Electronic Measures for the Fulfillment of Government Tasks.

FTC Investigates 8 Companies on ‘Surveillance Pricing’ Practices

The Federal Trade Commission has ordered eight companies to provide information the agency said was offering products and services that use personal data to set prices based on a shopper’s individual characteristics.

Mark Zuckerberg’s Meta Reality Labs Loses $45 Billion in 4 Years As AR/VR Falls Short

Meta’s Reality Labs has reported $45 billion in losses over the past four years due to chaotic management and frequent leadership changes. Further losses are expected as the division struggles in a competitive AR and VR market.


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Trump Campaign's Financial Advantage Short-Lived as Democrats Surge with $100M Funds
Donald Trump and the RNC gained a financial edge over Democrats by June, but a historic fundraising surge followed Biden's withdrawal and endorsement of Kamala Harris.
Telegram Reaches 950 Million Users, Plans to Launch App Store on the Works
The messaging app Telegram has reached 950 million active users and is expected to have a billion by the end of this year.
Elon Musk Talks About AI, Reveals Experience With Son-Turned-Daughter in Interview
Tech billionaire Elon Musk said in a Daily Wire interview that his perspectives regarding gender ideology and population are deeply personal after he had to deal with one of his sons deciding to cut ties with him by changing both name and gender.
Tractor Drone Maker Monarch Reveals $133 Million Series C Funding
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Clipboard Nation: Modernizing Coaching with Its Virtual War Rooms
Current software services that are available for coaches are often fragmented and hard to navigate because they aren't created for coaches and sports teams, resulting in greater inefficiencies and higher costs. The current market also lacks the tools they need most, a solution for playbook creation, game planning and film review, and a dedicated community platform that caters specifically to coaches' unique needs. That is where Clipboard Nation comes in.
Barbie Creator Mattel's Shares at an Uptick After L Catterton Reveals Buyout Offer
French private equity firm L Catterton reportedly approached toymaker Mattel with an offer to acquire it, according to several sources quoted by Reuters.
Nvidia Plans China-Specific Version of Blackwell AI Chip Following US Export Restrictions
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Biden Grants Thirty States $4.3 Billion Funding to Start Climate Pollution Reduction
The EPA, backed by Biden's Inflation Reduction Act, has awarded $4.3 billion in grants to 30 states for climate pollution reduction projects, targeting greenhouse gas emissions across various sectors.
Tesla to Use Humanoid Robots for In-House Operations Starting Next Year
Elon Musk announced that Tesla will begin using humanoid robots within the company as extra help next year, with plans for commercial production by 2026.
Big European Banks to Report Q2 Earnings This Week
The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European Central Bank that it would not change its interest rates.
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