A Montana judge has blocked an effort by the state’s governor to ban the Chinese-owned social media app TikTok from state-owned devices, extending a losing streak for critics who have tried to restrict the app due to its potential national security risks. In a ruling issued this week, U.S. Magistrate Judge Jeremiah Lynch rejected a […]Read More
In response to the new allegations that have been raised against Sean Combs, also known as “Diddy,” Diageo is pushing hard to make sure he doesn’t appear in any of its tequila advertisements. Diageo first attempted to block Diddy from appearing in the tequila adverts in 2019, after being made aware that he had been […]Read More
Senator James Inhofe, a Republican of Oklahoma, recently roasted former Secretary of State John Kerry for attending a climate conference in Iceland. Inhofe, one of the most vocal deniers of human-made climate change, sarcastically remarked that Kerry “must feel he has a special obligation to jet all over the world and lecture the rest of […]Read More
European Central Bank (ECB) executive board member Fabio Panetta has warned that all entities engaging in activities related to cryptocurrencies should expect to face stringent banking oversight. In a speech on Monday, Panetta said that the ECB is fully committed to keeping financial markets stable through effective banking supervision. He added that the ECB expects […]Read More
Robert F. Kennedy Jr. has been pushing his conspiracy theory that the massive increase in foreclosure rates in the United States in the mid-2000s was actually part of a plot by banks to manipulate the housing market for their financial gain. Kennedy argues that banks deliberately manipulated the subprime mortgage market, packaging risky loans to […]Read More
Cruise CEO Kyle Vogt announced his resignation from the GM-owned self-driving car unit in an internal email on Tuesday. In the message, Vogt said he is leaving to pursue “entrepreneurial opportunities in the mobility space.” He did not specify what companies he would be joining. Vogt co-founded Cruise in 2013 and has been its CEO […]Read More
Harvard University recently hosted a senior Chinese official and diplomat who has repeatedly praised the Chinese Communist Party. The visit was reported to have been ‘fruitful’ with high-level discussions on a variety of topics. Yang Jiechi, A politician of the Chinese Communist Party (CCP) and a member of the Politburo, visited Harvard University in December […]Read More
SoFi, the popular online financial services company, has announced that it will be exiting its crypto business amid increased regulatory scrutiny. The company had been offering cryptocurrency trading services to its customers since October 2019. SoFi said that the decision to shutter its crypto services was due to “uncertainty around the mandatory compliance frameworks for […]Read More
The Supreme Court’s conservative justices seemed to express skepticism on Tuesday toward a system that the Securities and Exchange Commission (SEC) set up to quickly pursue cases in-house, instead of in federal court. During a hearing, conservative justices suggested that the SEC’s administrative law judges are not properly insulated from political influence, and that allowing […]Read More
states reports According to reports from the United Auto Workers (UAW) union, their members have officially ratified a new contract. The new contract comes after months of negotiations between the union and the Big Three automakers (General Motors, Ford, and Fiat Chrysler). The new deal includes significant pay raises for 40,000 UAW-represented workers, job security […]Read More
