Technology
Supreme Court rules to uphold TikTok ban, setting the stage for U.S. users to lose access Sunday
The Supreme Court has upheld the law requiring China-based ByteDance to divest its ownership of TikTok by Sunday or face an effective ban of the popular social video app in the U.S. ByteDance has so far refused to sell TikTok, meaning many U.S. users could lose access to the app this weekend. The app may […]
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Bumble founder Whitney Wolfe Herd to return as CEO
Whitney Wolfe Herd speaks onstage in Dana Point, California. Joe Scarnici | Getty Images Entertainment Bumble founder Whitney Wolfe Herd will return to the company as CEO, a little more than a year after she stepped down from the role, the company announced Friday. The company’s current CEO Lidiane Jones has resigned for “personal reasons,” […]
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Bitcoin gains as Trump reportedly plans crypto executive order
Jakub Porzycki | Nurphoto | Getty Images Bitcoin rejoined the crypto rally on Friday amid reports that President-elect Donald Trump could release an executive order making crypto a national priority as soon as day 1 of his new term. The price of the flagship cryptocurrency was last higher by nearly 2% at $102,639.13, according to […]
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Why tech companies like Amazon, Google and TSMC are flocking to Phoenix
Tech might not be the first thing that comes to mind when one pictures Phoenix. The city is better known for its golf courses, Major League Baseball’s Spring Training, retirement appeal and scorching heat. But its growth into an innovation hub has been quietly playing out over several decades. Arizona’s largest city has, for a […]
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Tough new EU cyber rules require banks to ramp up security — but many aren’t ready
Traffic_analyzer | Digitalvision Vectors | Getty Images Tough new European Union regulations requiring banks to bolster their cybersecurity systems officially come into effect Friday — but many of the bloc’s financial services firms aren’t yet in full compliance with the rules. The EU’s Digital Operational Resilience Act, or DORA, requires both financial services firms and […]
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Top EU official denies softer approach to Big Tech, cites ‘very clear legal basis’ for regulation
A leading EU official has denied taking a softer approach to Big Tech, citing a “very clear legal basis” for regulators and pointing to several ongoing investigations into the likes of social media platform X and Meta. The FT reported earlier this week that the EU was reassessing investigations into Apple, Google and Meta — […]
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Apple disables AI notifications for news in its beta iPhone software
Apple CEO Tim Cook delivers remarks at the start of the Apple Worldwide Developers Conference (WWDC) on June 10, 2024 in Cupertino, California. Apple will announce plans to incorporate artificial intelligence (AI) into Apple software and hardware. ( Justin Sullivan | Getty Images Apple has temporarily disabled Apple Intelligence summaries for news apps for users […]
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Duolingo shares climb 7% as users swarm to app to learn Mandarin
A Duolingo logo is seen on a smartphone. Pavlo Gonchar | LightRocket | Getty Images Duolingo shares rose nearly 7% on Thursday following a large spike in users signing up to learn Mandarin in conjunction with soaring usage of Chinese social media app RedNote, a TikTok rival. The company confirmed to CNBC that there’s been […]
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Amazon lays off about 200 employees in its stores unit
Packages ride on a conveyor belt during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. Miguel J. Rodriguez Carrillo | Getty Images Amazon is laying off roughly 200 employees in its North America stores division, the company confirmed. The core retail business, which […]
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Brooklyn trio raises $10 million for startup that wants to help open-source developers get paid
Sam Ragsdale, Ryan Sproule, and Mason Hall have raised $10 million in a seed funding round co-led by Andreessen Horowitz’s crypto fund and Blockchain Capital. Sam Ragsdale Inside the Domino Sugar Refinery in Brooklyn, a 19th century landmark perched on the banks of the East River, three engineers have transformed 3,000 square feet of the […]
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