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TikTok Ban Faces Uncertain Future Amid Leadership Changes

Social media giant TikTok may find a new path forward, despite facing a federal ban signed by President Biden in…

  • Industry News

FTX Sues Scaramucci’s SkyBridge in $52M Recovery Bid

Bankrupt crypto exchange FTX filed 23 lawsuits Friday against Anthony Scaramucci’s SkyBridge Capital, Crypto.com, and other firms to recover $52…

  • Industry News

TSMC Halts Advanced Chip Shipments to Chinese Companies After Huawei Incident

The U.S. Department of Commerce has ordered Taiwan Semiconductor Manufacturing Company (TSMC) to halt shipments of advanced chips to Chinese…

  • Industry News

Gen Z’s Top Apps in 2024: Temu, TikTok, and Social Media Reign

An analysis of the 50 most downloaded apps by Gen Z (18-24) reveals their distinct digital preferences in 2024. The…

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Elon Musk Emerges as Key Trump Ally, Poised for Government Role Following Election Victory

In a significant political shift, Tesla and SpaceX CEO Elon Musk has aligned with President-elect Donald Trump, contributing over $100…

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FTC Takes Action Against Dave App Over Misleading Marketing and Hidden Fees

The Federal Trade Commission (FTC) launched legal action Tuesday against neobank Dave for alleged deceptive marketing practices regarding its $500…

  • Industry News

Prediction Markets Set for $450M Payout After Trump’s Electoral Victory

Online prediction markets are preparing to pay out approximately $450 million to bettors following Donald Trump’s election win, Reuters reports.…

  • Industry News

Australia to Ban Social Media for Users Under 16

Australian Prime Minister Anthony Albanese announced Wednesday plans to ban social media access for children under 16. The proposed legislation,…

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Meta Extends Political Ad Ban Amid Misinformation Concerns

Meta announced it will extend its temporary ban on new political ads until later this week, aiming to prevent misinformation…

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Musk’s Influence on Misinformation Through X Raises Concerns

The Center for Countering Digital Hate (CCDH) found that Elon Musk posted at least 87 misleading claims about the U.S.…

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