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Oracle Admits Banning TikTok in the US Could Hurt Its Revenue and Profit

Oracle Admits Banning TikTok in the US Could Hurt Its Revenue and Profit

Oracle said a ban on TikTok in the United States might hurt its business. Oracle said a ban on TikTok in the United States might hurt its business, the software company admitted in its annual report on Monday, June 24.


Amazon Partners with Megan Thee Stallion to Promote 2024 Prime Day

Amazon revealed that it would be partnering with American hip-hop star Megan Thee Stallion to promote its 10th annual Prime Day event on July 16-17.

Amazon Plans to Hold Prime Day Sales on July 16-17

Amazon announced that its 10th annual Prime Day sales event would be held this year on July 16-17, beginning at 00:01 Pacific Time (05:01 UTC).

Snapchill Canned Coffee Products Recalled Over Deadly Botulism Toxin Fears

Coffee manufacturer Snapchill issued a countrywide product recall after federal regulators warned that its production process could produce a deadly toxin.


Latest News

Julian Assange Walks Free After Pleading Guilty in Exchange of Not Being Extradited to US
Wikileaks founder Julian Assange was due to plead guilty this week for violating the United States’ Espionage Act, a part of a deal that would end his imprisonment in the United Kingdom.
Novo Nordisk Announces $4.1 Billion Investment in North Carolina for Wegovy and Ozempic Production Boost
Novo Nordisk announced a $4.1 billion investment to build a new manufacturing plant in Clayton, North Carolina, to increase production capacity for its popular drugs Wegovy, Ozempic, and other injectable therapies.
Tennessee Faces Lawsuit Over Law Criminalizing Assistance for Minors Seeking Abortions Without Parent's Consent
A Tennessee Democratic lawmaker and a reproductive rights activist have filed a lawsuit challenging a new state law that criminalizes helping minors obtain abortions without parental consent.
OpenAI Buys Rockset, Integrates Team and Tech to Improve Enterprise Data Accessibility
OpenAI is acquiring the enterprise analytics start-up Rockset, integrating its technology and team to enhance data usability and enable developers to build more intelligent applications.
Trump Media Rebounds After Stock Price Halved Amid Investor Uncertainty
After a significant decline due to potential massive share sell-offs, Trump Media & Technology Group's stock is bouncing back, with the company projecting substantial cash inflows from warrant exercises.
Music Industry Titans File Lawsuit Against AI Companies for Copyright Abuse
Major record labels, including Sony Music, Universal Music Group, and Warner Records, are suing AI start-ups Suno and Udio for allegedly committing extensive copyright violations.
Elon Musk Slams Lucasfilm President for "Woke" Themes in Latest "Star Wars" Spinoff
Elon Musk criticized Lucasfilm President Kathleen Kennedy for incorporating what he perceives as "woke" messaging in 'The Acolyte.'
Chrystia Freeland
Canada declared that it was considering tariffs on Chinese electric cars to support its allies, the US and EU.
Hooters
Hooters shutters numerous underperforming outlets across the US due to economic issues. At Hooters on February 23, 2010 in Atlanta, Georgia. (Photo : Rick Diamond/Getty Images for Paramount) Hooters has joined several American chains that have shuttered several outlets, citing severe economic difficulties.
Apple Becomes First Violator of EU’s DMA Rules, May Face $38 Billion Fine
The European Commission released a preliminary ruling that found Apple violating the European Digital Markets Act.