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For more than six years, Amazon Web Services, the world’s largest cloud computing company, provided technical support to deliver TikTok videos to tens of millions of Americans. But over the weekend, Amazon faced a dilemma. A new law was taking effect banning TikTok, owned by the Chinese company ByteDance, in the United States. Tech companies […]
President Trump threw TikTok a lifeline Monday night, giving the popular app’s parent company 75 more days to find a buyer for the platform. The 78-year-old argued during a conversation with reporters in the Oval Office that the US should “get half” of TikTok, before caveating that some percentage of that could be from the private sector. Beijing-based ByteDance had a Jan. […]
President-elect Donald J. Trump said on Sunday that he would issue an executive order to stall a federal ban of TikTok, just hours after major app stores removed the popular social media site and it stopped operating for U.S. users. “I’m asking companies not to let TikTok stay dark,” Mr. Trump said in a post […]
Bitcoin rejoined the crypto rally on Friday amid reports that President-elect Donald Trump could soon release an executive order making crypto a national priority. The price of the flagship cryptocurrency was last higher by more than 4% at $104,672.37, according to Coin Metrics. The broader crypto market, as measured by the CoinDesk 20 index, was […]
Hedge fund honcho Marc Lasry was accused of sexual harassment in a lawsuit by a former executive at his firm – less than a week after the billionaire lodged his own complaint claiming that she was trying to extort him for $50 million. Lasry — the co-founder of Avenue Capital Group and a major fund-raiser […]
Hedge fund titan Marc Lasry claimed a former female executive at his firm was trying to blackmail him for $50 million by threatening to spread false allegations about the firm, according to a lawsuit filed by the billionaire. The Avenue Capital Group co-founder accused Gina Strum of threatening to make it “really, really, ugly” for […]
