United States

TikTok Gets Tough Questions From Court in Fight Against US Ban

TikTok Gets Tough Questions From Court in Fight Against US Ban

TikTok faces an uphill battle to avoid a US ban if its Chinese owner doesn’t sell the wildly popular social media app, judging from a grilling by an appellate court panel.A three-judge panel for the US Court of Appeals for the DC Circuit signaled skepticism of TikTok’s argument Monday that the law signed by President Joe Biden banning the video-sharing app would violate the company’s free speech rights. The US government argued that national security concerns about TikTok’s Beijing-based parent company, ByteDance Ltd., manipulating the content American audiences see justified the law. Source link lol
Read More
Medical Device Maker Nova Biomedical Is Exploring a Sale

Medical Device Maker Nova Biomedical Is Exploring a Sale

Nova Biomedical is exploring a potential sale that could value it at more than $2 billion, people with knowledge of the matter said. The privately-held medical device maker is working with advisers to gauge interest from potential buyers, the people said, asking not to be identified discussing confidential information. Source link lol
Read More
Pfizer, BioNTech Covid-Flu Combination Shot Misses on Trial Goal

Pfizer, BioNTech Covid-Flu Combination Shot Misses on Trial Goal

A combination Covid-flu vaccination developed by Pfizer Inc. and BioNTech SE missed on one of its goals in a final-stage trial, a disappointment for the companies trying to make further use of the technology that succeeded in the pandemic. The vaccine failed to show it was at least as effective as a standard shot in generating an immune response against the influenza B strain, the companies said in a statementBloomberg Terminal Friday. The shot performed better with influenza A and Covid and were comparable to other vaccinations in the trial. Source link lol
Read More
Meta’s Threads Launches New Tools for Businesses and Creators

Meta’s Threads Launches New Tools for Businesses and Creators

Meta Platforms Inc.’s Threads is rolling out new features it says will make the social network more useful for businesses and digital creators. Threads users can now view data that provide insights into post metrics and follower demographics, and can write multiple drafts of posts, Meta said in a blog post Thursday. Another feature enabling users to schedule multiple posts days in advance is coming soon. The updates are being added to Threads’ web platform first and will eventually roll out on the mobile app. Source link lol
Read More
Edgar Bronfman to Prepare an Offer for Paramount Global

Edgar Bronfman to Prepare an Offer for Paramount Global

Seagram Co. heir Edgar Bronfman Jr. is close to making an offer for Paramount Global that would compete with an accepted bid from Skydance Media, according to people familiar with his plans.Bronfman is considering an offer for National Amusements, the Redstone family company that controls Paramount, as well as an investment in Paramount itself, according to one of the people, who asked not to be identified discussing plans that aren’t public. The structure is still being worked on. Source link lol
Read More
Musk’s X Ordered to Pay Compensation to Dismissed Irish Employee

Musk’s X Ordered to Pay Compensation to Dismissed Irish Employee

Elon Musk’s X has been ordered to pay compensation to a former staff member of its Irish unit in an unfair dismissal case.The social network platform formerly known as Twitter was ordered to pay out over €550,000 ($602,640) to the former employee, Ireland’s Workplace Relations Commission, the state body responsible for adjudicating employment disputes, said on Tuesday. It is the largest sum the agency has ever awarded, according to Irish broadcaster RTE. Source link lol
Read More
Paris Olympics Average 30.6 Million Viewers, 82% Bump From Tokyo

Paris Olympics Average 30.6 Million Viewers, 82% Bump From Tokyo

About 30.6 million people on average watched the Paris Olympics on Comcast Corp.’s US media outlets each day, an 82% increase from the Tokyo Olympics.The number includes the NBC broadcast network, cable channels such as USA and the Peacock streaming service, NBC Sports said in a release on Monday. Sunday’s closing ceremony attracted a US audience of 20.8 million, more than double Tokyo’s. Source link lol
Read More
Drahi Is Making Good on Pledge to Sell Assets. But to What End?

Drahi Is Making Good on Pledge to Sell Assets. But to What End?

Patrick Drahi is in for a pay day after agreeing to sell his stake in BT Group Plc. That may or may not be good news for creditors of Altice.If the billionaire owner of the media giant decides to use the money from the sale of Altice UK’s 24.5% stake in BT to pay down debt, it will come just in time for creditors getting ready for a bruising round of debt talks to limit writedowns. Source link lol
Read More
Trump Returns to X With Several Posts Ahead of Musk Interview

Trump Returns to X With Several Posts Ahead of Musk Interview

Former President Donald Trump posted several times on X, the social network formerly known as Twitter, after more than three years of virtual silence on the platform as he gears up for an interview with owner Elon Musk. Trump, who posted on Twitter at all hours during his presidency, was banned for life from the network following his role in encouraging rioters at the US Capitol on Jan. 6, 2021. After Musk purchased Twitter in late 2022, later renaming it X, he reinstated Trump’s account. But the former president had posted just once since then — a photo of his…
Read More
Cisco to Cut Thousands of Jobs in New Layoff Round, Reuters Says

Cisco to Cut Thousands of Jobs in New Layoff Round, Reuters Says

Cisco Systems Inc. plans to cut thousands more jobsBloomberg Terminal in a second round of layoffs this year, Reuters reported, as the networking equipment maker shifts its focus to faster-growing businesses such as cybersecurity and artificial intelligence.The news comes on top of the approximately 4,000 jobs the company announced in February that it would eliminate, after a slowdown in corporate tech spending wiped out its sales growth. Source link lol
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.