Supreme Court upholds forced sale of TikTok from Chinese parent company
The U.S. Supreme Court has upheld a law forcing the sale of TikTok from a Chinese state-owned company, despite President Biden and President-elect Donald Trump seeking a delay in the sale. In a unanimous ruling, the justices ordered a qualified divestment of the California-based social media platform from China's ByteDance. “There is no question that […]
UnitedHealth Group CEO defends company
The murder of CEO Brian Thompson in New York City last month sparked outrage and outrage against corporations. insurance industry and the entire medical system. Mr. Thompson ran UnitedHealthcare, the insurance arm of industry giant UnitedHealth. Whitty spoke briefly about the slain CEO at the beginning of Thursday's earnings call, praising his work. “He dedicated […]
Power company defends keeping transmission lines open ahead of LA fires
The power company being investigated as a possible ignition point in parts of the Los Angeles wildfires left power lines open shortly before the outbreak as life-threatening wind speeds were just 1 mph below threshold. defended the decision. Southern California Edison CEO Stephen Powell, who is already facing lawsuits over the fires, said the winds […]
Ex-ESPN star Sage Steele says company deserved to be ‘crushed’ for failing to show anthem before Sugar Bowl
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Hackers claim massive breach of company that tracks and sells Americans’ location data
When we talk about data privacy, tech giants like Google and Facebook are often accused of using personal data to display ads and recommendations. Less discussed are companies whose entire business model revolves around collecting data and selling it to other companies or governments. These companies often operate in legal gray areas and require consent […]
Jeff Bezos’ Space Company Cancels Debut Rocket Launch Minutes Before Liftoff
Jeff Bezos' space tourism company Blue Origin canceled the first launch of its massive new rocket early Monday, citing technical problems. The two-stage, 320-foot-long reusable New Glenn rocket will lift off from Launch Complex 36 at Cape Canaveral Space Force Station in Florida during a three-hour window starting at 1 a.m. ET Monday. It was […]
McDonald’s becomes latest company to roll back DEI policies #shorts
McDonald’s shares are up Tuesday after sending a letter to its franchisees that it will end external surveys for suppliers and … source
Amazon trims back DEI initiatives, latest company to make cuts
Panelists Jennifer Say and Daniel Cameron discuss how major companies are rolling back DEI and environmental, social, and governance programs on “The Bottom Line.” Amazon is scaling back some of its diversity, equity, and inclusion (DEI) programs, becoming the latest major company to cut back on efforts that critics deemed “woke.” In a message to […]
All DEI policies terminated at Meta, the parent company of Facebook and Instagram
Memo from Meta officials announced According to an Axios report, the company has made the decision to end all hiring policies related to diversity, equity, and inclusion. Meta is the parent company of Facebook, Instagram, and Threads. Mark Zuckerberg, the company's founder and CEO, recently announced that he would be scrapping the popular social media […]
Supreme Court appears ready to uphold law forcing TikTok’s sale from Chinese parent company
The Supreme Court appeared inclined Thursday to uphold a law that would force Chinese parent company ByteDance to sell TikTok, with all nine justices ruling that national security concerns posed by the social media app preclude free speech. It said it outweighed any potential threats to freedom. The high court heard oral arguments from lawyers […]