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06.12 / 21:29
Platform ByteDance TikTok Instagram Meta Platforms social Courts TikTok's loss, Facebook, Instagram's gain! Check how Meta is soaring
Facebook, Instagram-owner Meta Platforms hit a record high on Friday after a U.S. appeals court upheld a law requiring China-based ByteDance to divest its popular short video app TikTok by early next year or face a ban. The decision is a devastating blow to ByteDance, whose social media app is used by 170 million Americans. It affirmed a law, which was passed by Congress with bipartisan support and signed by President Joe Biden, that gives the U.S. government sweeping powers to ban other foreign-owned apps that could raise concerns about collection of Americans' data. TikTok and ByteDance had argued that the law is unconstitutional and violates Americans' free speech rights.
06.12 / 21:29
markets Reuters Digital Election President reports Barack Obama is back giving lectures on democracy, here's what he says after a quiet period following Kamala Harris' loss
Barack Obama praises the 'power of pluralism' while some Democrats try to pass the torch. In the weeks following Vice President Kamala Harris' election defeat, former U.S. President Barack Obama has largely remained silent. However, on Thursday, he urged a new generation of American leaders to engage in dialogue with those they disagree with, as quoted in a report by Reuters. The former president expressed his conviction that a renewed dedication to pluralist principles was necessary to secure democracy's survival during a speech at a Democracy Forum organised by his foundation. The alternative is what we've witnessed in the US and many other democracies across the world: not only more deadlock but also a greater willingness on the part of politicians and their supporters to flout democratic norms and do whatever it takes to achieve their goals.
06.12 / 21:29
markets Digital CEO Entertainment Strategy Software Schools Consumer use of AI in India is exciting for marketers: VML CEO
«India is one of the fastest-growing markets from the standpoint of consumers blending their consumption habits across shopping, entertainment, education, and experiences. I think all these dimensions evolve at a faster pace in India, which is exciting for marketers,» he added. Owned by advertising giant WPP, VML is the world's largest creative advertising company formed through the merger of Wunderman Thompson and VMLY&R in October 2023. It operates 150 offices in 64 markets, employing over 26,000 people globally.
06.12 / 21:29
markets Target Digital economy CME Experts PAM US Fed to cut whopping 125 basis points? Here is the latest bps interest rate cut projection
Meanwhile, brokerages including Morgan Stanley are reiterating their expectation of a 25-basis-point interest rate cut by the U.S. Federal Reserve in December, following the nonfarm payrolls data. Financial markets currently assign a probability of around 70 per cent that the Fed will cut rates by a quarter percentage-point at its December meeting, and a roughly 30 percent chance it will pause, according to data from CME Group.
06.12 / 21:29
markets Digital Action Persona country Latin reports This is how a tiny South American nation is taking on mighty China
Paraguay expelled the eminent Chinese diplomat Xu Wei from the country pretty recently while accusing him of interfering in its domestic affairs and urging the nation to sever its long-standing ties with Taiwan, reported CNN. According to CNN, the Paraguayan Ministry of Foreign Affairs declared Xu Wei as persona non grata while totally revoking his visa and gave him just 24 hours to leave the country. Xu Wei was originally in Paraguay for a UNESCO meeting but eventually caused a diplomatic stir by visiting Congress where he reportedly pressured the lawmakers to choose between China and Taiwan while stating that ‘It is either China or Taiwan’. Paraguay is one of only 12 unique countries globally that actually recognizes Taiwan as a sovereign state and it still remains the sole supporter in South America, asserted CNN. The Paraguayan government has resisted all kinds of pressure from Beijing while at the same time several Latin American nations have already switched their allegiance from Taiwan to China in recent years.
06.12 / 21:07
UPS economy Nov trends track Department Next Week: small business index, consumer prices, producer prices
The National Federation of Independent Business serves up its small business economic trends index on Tuesday
06.12 / 21:07
COST Target CEO security Food reports Traffic Chipotle is raising prices after promising bigger portions
Chipotle is raising its U.S. prices to offset inflation and to compensate for a promise to increase portion sizes
06.12 / 21:07
UPS Digital Platform Election TikTok information Courts The EU makes an urgent TikTok inquiry on Russia's role in Romanian election turmoil
The European Union has sent TikTok an urgent request for more information about Romanian intelligence files suggesting that Moscow coordinated influencers on its platform to promote an election candidate who became the surprise front-runner in the nati...
06.12 / 21:07
Platform Fighting ByteDance TikTok social information Courts TikTok's future uncertain after appeals court rejects its bid to overturn possible US ban
A federal appeals court panel on Friday unanimously upheld a law that could lead to a ban on TikTok in a few short months, handing a resounding defeat to the popular social media platform as it fights for its survival in the U.S. The U.S. Court of Appe...
06.12 / 21:07
UPS Waters security Fishing reports Investigations Atalanta A Chinese vessel has been hijacked off the Somali coast, officials say
Local authorities in Somalia have confirmed that a Chinese-owned fishing vessel with 18 crew members aboard was hijacked last week off the northeastern coast of Xaafuun district in Somalia’s Bari region
06.12 / 21:07
UPS Digital Action BBC Freedom Editorial Sale of UK's Observer, world's oldest Sunday newspaper and a bastion of liberal values, is agreed
The sale of the Observer, the world’s oldest Sunday newspaper and a bastion of liberal values in Britain’s media landscape, has been approved, despite two days of strike action from journalists this week
06.12 / 21:07
CEO Software track electronic reports Features Stellantis recalling more than 300,000 Ram trucks for braking system defect
Stellantis is recalling more than 300,000 Ram Heavy Duty pickup trucks because a faulty part could cause certain braking and tracking systems to fail
06.12 / 21:07
markets UPS economy Sustainability Trade President country The EU and a South American trade bloc reach a giant trade deal after 25 years of talks
The European Union has reached a blockbuster free trade agreement with Brazil, Argentina and the three other South American nations in the Mercosur trade alliance
06.12 / 21:07
Citi CEO security Centene shooting show Investigations The Latest: Police believe gunman who killed UnitedHealthcare CEO has left New York City
The gunman who stalked and killed UnitedHealthcare CEO Brian Thompson fled New York City by bus, police officials told CNN on Friday
06.12 / 21:07
country cover Oil flow to Czech Republic through Russia's Druhzba pipeline resumes after unexplained shutdown
Oil delivery to the Czech Republic from Russia through the Druhzba pipeline has resumed after it was interrupted two days ago, official said
06.12 / 21:07
markets UPS economy show reports Stock market today: Wall Street drifts around its records after a solid jobs report
U.S. stocks are drifting around their records after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation
06.12 / 21:07
MET Nov Bill President rights International Will Juan Soto top Shohei Ohtani's deal? In the era of deferred money, it might depend on the math
Deciding whether Juan Soto tops Shohei Ohtani for baseball’s largest contract could be in the eye of the beholder because of all the deferred money in Ohtani’s deal
06.12 / 21:07
Citi Man CEO Photos shooting show Investigations Police believe gunman who killed UnitedHealthcare CEO has left New York City
Police officials believe the gunman who killed the CEO of the largest U.S. health insurer may have fled the city on a bus
06.12 / 21:07
markets UPS Target economy Research reports International China fine tunes economic stimulus as it braces for new US administration
China is fine tuning its policies aimed at revving up its economy as it braces for an uncertain future in relations with the United States under President-elect Donald Trump
06.12 / 21:07
Provident Digital Platform wellness information reports Videos More than a million oven gloves are being recalled after consumers report 92 minor burns
More than one million pairs of oven gloves are being recalled due to a burn hazard, after dozens of injury reports
06.12 / 21:07
Provident Virus reports testing Department infection rights USDA orders nationwide testing of milk for bird flu to halt the virus
The U.S. government has ordered testing of the nation’s milk supply for bird flu to better monitor the spread of the virus in dairy cows

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