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ByteDance, TikTok

Former TikTok Executive Accuses ByteDance of Extensive Control Over Platform

A former TikTok executive claims that CEO Shou Zi Chew mainly serves as a "conduit" for ByteDance executives who truly make the decisions for the platform.


Google Sues CRTC Over Fee Regulations, Urges YouTube Ad Revenue be Exempted From Calculations Under Broadcasting Act

Google has filed a lawsuit against Canada's broadcasting regulator, claiming that the revenue it generates from advertisements on YouTube videos should not be considered when determining the regulatory fees.

US Banks See Loan Demand Drop, Fed Survey Says

US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey.

Americans Brace for Another Round of Higher Housing Costs, NY Fed Survey Shows

Americans are preparing for another wave of increased housing expenses, according to the Federal Reserve Bank of New York.


Latest News

Starbucks Must Fix Customer Experience to Get Back in Coffee Shop Game, Ex-Boss Says
Former Starbucks CEO Howard Schultz asked his successor Laxman Narasimhan and other Starbucks senior officials to communicate with shop baristas and work with them to enhance coffee service.
UK’s Defense Ministry ‘Hacked by China’
The British Ministry of Defense has recently encountered a cyberattack on its third-party payroll system, which serves active and retired military personnel.
Maersk Shipping Disruption Amid Houthi Attacks in Red Sea Could Force More Delays
Red Sea container shipping is experiencing increased disruption, according to Maersk, which predicts that capacity between Asia and Europe would be reduced by up to 20% in the second quarter.
US-ISRAEL-PALESTINIAN-CONFLICT-PROTEST
Hims & Hers CEO Andrew Dudum clarified that he does not condone violence, antisemitism, or intimidation.
Over 1,000 Denver International Airport Flights Delayed Over Wind Gusts
Over 1,100 flights faced delays or cancellations on Monday at Denver International Airport due to strong wind gusts that swept through the state.
Jeff Bezos’ Plan to Focus on Sustainable Protein at Odds After Florida Gov. Ron DeSantis Banned Lab-Grown Meat
Jeff Bezos and Lauren Sanchez intend to focus on "cultivated meats," but Florida Governor Ron DeSantis has prohibited lab-grown meat sales.
Lululemon Reports Positive Sales Growth
A complaint reveals Lululemon's marketing-environmental impact discrepancies, citing a significant rise in greenhouse gas emissions since the "Be Planet" campaign's started in 2020.
Donald Trump Used Personal Account to Pay Stormy Daniels Through Michael Cohen, Former Accountant Reveals in Hush Money Trial
A former high-ranking executive at the Trump Organization testified on Monday about his involvement in the payments made by Donald Trump.
Social Security Payment Worth Up to $4,873: Who's Eligible to Receive on July 10?
Social Security and Medicare have improved due to stronger-than-expected economic growth. However, the safety-net programs are still expected to face a funding crisis in approximately ten years.
Apple Illegally Interrogated Staff, Confiscated Union Flyers in NYC: US Labor Board
The ruling upheld an earlier decision of a judge, who ruled that Apple violated a law in 2022 by blocking union flyers and coercively interrogating employees about their pro-union activities.
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