Business

TikTok dismisses calls for Chinese owners to sell stakes

TikTok was dismissive Wednesday of reports that the Biden administration was calling for its Chinese owners to sell their stakes in the popular video-sharing app, saying such a move wouldn't help protect national security.

Business

US closes Silicon Valley Bank in biggest collapse since 2008

US regulators pulled the plug on Silicon Valley Bank on Friday in a spectacular move that sent global banking shares sputtering, as markets fretted over possible contagion from America's biggest banking failure since the ...

Business

Biden urges US Congress to rein in Big Tech

US President Joe Biden on Wednesday urged Republican and Democratic lawmakers to break years of political gridlock and pass laws that would rein in the power of Big Tech.

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