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 April. The…
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 million in…
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 customers, according…
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 top app…
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 million to…
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 cash advance…
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. Platforms like…
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, entering parliament…
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 during the…
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. election on…