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Rand Paul: Proposed TikTok ban ‘makes no sense’

Sen. Rand Paul (R-Ky.) said Tuesday that the proposed ban on TikTok “makes no sense” ahead of a scheduled vote in the full House on Wednesday. In an interview on NewsNation’s “The Hill,” Paul said TikTok’s ban is similar to measures adopted by the Chinese government, the very threat such a ban purports to protect […]

Coinbase Met With SEC Over Grayscale's Proposed Ethereum ETF – Decrypt

America’s largest cryptocurrency exchange met with the Securities and Exchange Commission last week over Grayscale’s proposed Spot Ethereum (ETH) exchange-traded fund. Publicly traded Coinbase made a presentation to Wall Street’s top regulator where it discussed Grayscale’s proposed product, according to a document filed Wednesday by the regulator. show. In October, crypto fund manager Grayscale filed […]

Former WeWork building proposed for migrant shelter

A 16-story building in the Garment District that previously housed bankrupt office space-sharing provider WeWork has been offered as an emergency shelter for migrants. Mayor Eric Adams’ administration has confirmed that the landlord of 315 West 36th Street is proposing to convert the building into the city’s Humanitarian Emergency Response and Asylum Seeker Relief Center. […]

Proposed class action lawsuit alleges Apple monopolizing cloud storage for its devices

Apple faces a proposal class action lawsuit The company claims it has an illegal monopoly over its customers’ digital storage. The lawsuit, filed Friday, alleges the “surgical” restrictions effectively prevent customers from using services outside of the iCloud storage system. iCloud is the only service that can host certain data from your company’s phones, tablets, […]

Israel agrees to framework of proposed 6-week cease-fire in Gaza: Report

After weeks of negotiations with an international mediator, Israel has reportedly agreed to a temporary ceasefire in the Gaza Strip and a framework for the release of hostages. Israel has “more or less accepted” the framework, but the ball is now in Hamas’ court to agree on terms, a senior U.S. official said on condition […]

Democratic chorus against proposed Capital One-Discover merger grows louder

The proposed merger between credit card companies Capital One and Discover has been criticized by Democrats on the House Financial Services Committee for what they say are mergers and lax regulation of the financial sector. 16 Democrats on the House Financial Services Committee, including Ranking Member Maxine Waters (D-Calif.); wrote a letter On Wednesday, he […]

New York state Legislature rejects proposed House maps 

The New York State Legislature on Monday voted to reject new congressional districts proposed by a bipartisan committee, throwing the state’s House of Representatives into turmoil. The New York State Senate rejected a set of congressional boundaries proposed by the bipartisan Independent Redistricting Commission (IRC) by a vote of 40-17, and the state Assembly rejected […]