by Justin Wong | Jan 17, 2025 | Domestic, Technology
On January 19, 2025, the U.S. Supreme Court upheld a law banning TikTok unless it is sold to an owner not controlled by a foreign adversary. This ruling has sparked fresh uncertainty surrounding the popular social-media app, which is used by approximately 170 million...
by Natalie Matejkova | Dec 9, 2024 | Domestic, Economics, Entertainment
TikTok has issued a stark warning in a court filing on Monday, revealing that U.S. small businesses and social media creators would lose an estimated $1.3 billion in revenue and earnings in just one month if the app is effectively shut down in the United States on...
by Ming Mui | Dec 6, 2024 | Breaking News, Domestic, Entertainment
The legal battle over TikTok’s future in the U.S. took a significant turn as a U.S. federal appeals court upheld a new law that could force the popular app to cease operations unless its Chinese ownership is sold by January 19, 2025. The decision, which reinforces the...
by Jessica Gwathney | Dec 3, 2024 | Economics, International Buzz, Politics
South Korea’s won tumbled to its weakest level in over two years, hitting 1,427.10 against the U.S. dollar, after President Yoon Suk Yeol’s shocking announcement of martial law on Tuesday. The sudden drop in the currency comes amid growing uncertainty over...
by Lucas Shum | Aug 26, 2024 | Automotive, Automotive, Cleantech, Politics, Products, Retail
In a decisive move aimed at reshaping global trade dynamics, Canada has announced a 100% tariff on imported Chinese electric vehicles (EVs). This bold step, which mirrors recent actions by the United States and the European Commission, marks a significant escalation...