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TikTok, ByteDance Spend Over $7 Million on Lobbying and Ads to Fight Potential US Ban

TikTok, ByteDance Spend Over $7 Million on Lobbying and Ads to Fight Potential US Ban

TikTok and its China-based parent company, ByteDance, have collectively spent over $7 million to counter its potential US ban.


US Chamber of Commerce Vows to Sue FTC's Noncompete Agreement Ban; Calls Rule 'Unlawful Power Grab'

The US Chamber of Commerce criticized the FTC's decision to ban employer noncompete agreements, calling it unlawful and harmful to American businesses.

US-Russia Showdown Over Nuclear Weapons in Space Looms at UN Security Council

The UN council will vote on a resolution proposed by the United States that urges nations to avoid a weapons race beyond Earth's atmosphere.

FTC Votes in Favor of Ban Against Noncompete Agreements That Prevent Employees From Working for Competitors

The FTC has voted in favor of a nationwide ban against noncompete agreements. The Federal Trade Commission (FTC) voted 3-2 on Tuesday to ban noncompete agreements, which companies use to prevent employees from working with competitors within the same industry.


Latest News

TikTok Ban in US  Almost Inevitable After Senate Approves Bill Forcing Parent Company to Divest Owvnership or Face Prohibition
TikTok users is likely to find that the popular social media platform is either under new ownership or, but not immediately, totally banned in the US.
New Biden Administration Rule to Grant 4 Million Workers Overtime Pay; Here's What You Need to Know!
The Biden administration unveiled a new rule that will make millions workers eligible for overtime pay.
China's Huawei Unveils New Products
Counterpoint Research data shows Huawei's smartphone sales surged 69.7% in Q1, while Apple's iPhone sales fell 19.1%.
Amazon Sued by Thousands of Delivery Drivers Over Unpaid Wages, Contractor Status
The facility was officially opened on Tuesday with a ribbon-cutting ceremony attended by Amazon officials and local leaders.
JULYCOLUMN - Photo call - Seoul Fashion Week F/W 2024
Korean entertainment powerhouse HYBE launches an audit into subsidiary label ADOR, following CEO Min Hee-jin's 18% ownership disclosure.
Apple Announces May 7 Event to Reveal Latest iPad Model
Apple has confirmed that it will host a highly anticipated event on May 7th, where it is expected to unveil updated versions of its popular iPad Pro and iPad Air models.
IBM
IBM is currently in negotiations to acquire HashiCorp, a prominent cloud software provider. The news sparked a 24% surge in HashiCorp's stock, pushing its market value to $6.1 billion.
RUSSIA-WWII-HISTORY-PARADE
The United States is mulling over sanctions against Chinese banks in response to China's increased military-related exports to Russia.
CHINA-DEFENCE-NAVY
In a strategic move just days before US Secretary of State Antony Blinken's scheduled visit to Beijing and Shanghai, China flaunted its nuclear capabilities, particularly its sea-based deterrent.
General Views Of Burnley
The housing shortage crisis in Britain, with a deficit of 4.3 million homes, takes precedence in the lead-up to an anticipated general election, prompting major political parties to address it while balancing concerns about landscape preservation and planning laws.