An Indiana judge has ruled that downloading the free social media app TikTok doesn’t amount to a consumer transaction under state law, dealing a blow to the state attorney general’s lawsuit claiming the Chinese-owned video-sharing platform misleads its users about the level of inappropriate content and security of consumer information…. Read More
Facebook has 3 billion users, even as younger users log off
Facebook says it is not dead. Facebook also wants you to know that it is not just for “old people,” as young people have been saying for years. Now, with the biggest thorn in its side — TikTok — facing heightened government scrutiny amid growing tensions between the U.S. and… Read More
Hollywood, TV shows grind to halt over writers’ strike
The union representing 11,500 writers of film, television and other entertainment forms are now on strike. It’s the first writers’ strike — and the first Hollywood strike of any kind — in 15 years. Here’s a look at the storylines the fight has spawned. WHY ARE THE WRITERS STRIKING?… Read More
Yeezy shoes stuck in limbo 7 months after split with Kanye
It’s been nearly seven months since Adidas split with the rapper formerly known as Kanye West, and boxes of his popular Yeezy shoes are still piled up in warehouses. The fate of 1.2 billion euros ($1.3 billion) worth of unsold Yeezy stock is weighing on the German sportswear company as… Read More
Hunter Biden claims he’s poor…
by Frank Holmes, reporter Hunter Biden may have a new name: deadbeat dad. Although the First Child has has made millions of dollars over the years by cutting sweetheart deals with foreign adversaries, he’s now saying he’s too broke to make his child support payments to the illegitimate child he… Read More
Ron DeSantis roars ahead of Donald Trump… sort of
Former President Donald Trump announced his presidential campaign almost six months ago, and he’s climbing in the polls. Meanwhile, the other frontrunner — Florida Gov. Ron DeSantis — has been waiting to announce a decision on whether to run and has lagged behind the 45th president. But DeSantis just snagged… Read More
Shopify announces layoffs amid mission change
Shopify, the e-commerce company viewed as a growing competitor to Amazon, is selling the two biggest pieces of its fulfillment network and abandoning its logistics ambitions. The company announced Thursday in a blog post it will also cut about 20% of its workforce, the second mass layoff its had in… Read More
McDonald’s franchisee fined for illegally using workers as young as 10
Two 10-year-olds are among 300 children who worked at McDonald’s restaurants illegally, a Labor Department investigation of franchisees in Kentucky found. Agency investigators found the 10-year-olds received little or no pay at a McDonald’s in Louisville, the Labor Department said. The franchisee for the Louisville store was among three McDonald’s… Read More
Ted Cruz slams Biden on June 1 deadline for debt limit [Video]
The Treasury has warned about the possibility of defaulting on the federal deficit by June 1… but President Joe Biden is still trying to negotiate a huge spending bill. Although Biden eased his stalemate with congressional leaders, and he invited the GOP to negotiate at the White House on May… Read More
Fed raises rates but signals that it may have finished
The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years. But the Fed also signaled that it may now pause the streak of 10 rate hikes that have made borrowing for consumers and businesses… Read More
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