
TikTok Shutdown: U.S. Users Brace for Loss as Ban Nears
Jan 16, 2025 05:24 am UTC| Technology Business Law
Disappointment swept U.S. TikTok on Wednesday as ByteDance announced plans to shut down the app for 170 million U.S. users by Sunday, following months of uncertainty. Content creators and influencers, many reliant on...

U.S. Tightens Chip Export Controls, Adds Chinese AI Firms to Blacklist
Jan 16, 2025 01:16 am UTC| Technology Law Economy
The Biden administration has added over 25 entities, including Chinese AI firm Zhipu AI and chipmaker Sophgo, to the U.S. restricted trade list. These companies, along with two Singapore-based firms, now face strict export...

Trump's AG Pick Pam Bondi Vows DOJ Fairness Amid Criticism
Jan 16, 2025 01:16 am UTC| Politics Law Governance
Donald Trumps attorney general nominee, Pam Bondi, promised to avoid politicizing the Department of Justice (DOJ) but sidestepped questions about investigating Trumps critics. During a Senate Judiciary Committee hearing,...

TikTok Braces for Possible US Shutdown This Sunday Amid Security Concerns
Jan 15, 2025 08:35 am UTC| Technology Law
TikTok, the popular short-video platform owned by ByteDance, could face a nationwide shutdown in the U.S. as early as this Sunday, according to The Information. The move follows increased scrutiny from lawmakers and...

South Korean Ex-President Yoon Arrested After Martial Law Attempt
Jan 15, 2025 03:29 am UTC| Law Politics
Impeached South Korean President Yoon Suk Yeol was arrested on Wednesday following a failed attempt to impose military law in late 2024, according to local media reports. Investigators successfully executed an arrest...

South Korea's President Faces Arrest Amid Political Turmoil
Jan 15, 2025 03:27 am UTC| Politics Law
South Korean authorities attempted to arrest impeached President Yoon Suk Yeol on Wednesday over accusations of insurrection tied to his December 3 martial law declaration. Hundreds of police officers, equipped with...

SEC Accuses Elon Musk of Securities Law Violation Over Twitter Stake Delay
Jan 15, 2025 03:23 am UTC| Technology Business Law Politics Investing
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk, accusing him of delaying the disclosure of his substantial stake in Twitter, now known as X, in 2022. The SEC alleges Musk violated...
US–India Trade Turbocharge: Stocks Poised to Ride the Export Wave