Business

X owner Musk says opposed to US ban of competitor TikTok

Elon Musk on Friday came out against banning TikTok in the United States, even if it would mean less competition for his social media platform X, formerly Twitter, as the initiative sees fresh bipartisan momentum in Congress.

Business

Crypto firms say US sanctions limit use of privacy software

The Treasury Department is facing pushback from the cryptocurrency industry over sanctions imposed on a firm accused of helping to launder billions of dollars—with some funds going to North Korean hackers.

Internet

Musk's 'free speech' push for Twitter: Repeating history?

Elon Musk, the world's richest man, is spending $44 billion to acquire Twitter with the stated aim of turning it into a haven for "free speech." There's just one problem: The social platform has been down this road before, ...

Business

Bill to ban TikTok in US moves ahead in Congress

The US House of Representatives approved a bill Saturday that would force the wildly popular social media app TikTok to divest from its Chinese parent company ByteDance or be shut out of the American market.

Business

US judge halts pending TikTok ban in Montana

A federal judge on Thursday temporarily blocked a ban on TikTok set to come into effect next year in Montana, saying the popular video sharing app was likely to win its pending legal challenge.

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