Tech

House overwhelmingly passes bill to ban TikTok or force sale

Published

1 year ago

March 14, 2024

Lobbyists shift focus to Senate after House votes to crack down on TikTok.

The House of Representatives decisively passed a bill on Wednesday aimed at banning TikTok from operating in the United States or compelling its sale.

Lawmakers expressed apprehension that the parent company, ByteDance, might relinquish U.S. users’ data to Beijing, citing national security risks.

Despite a eleventh-hour lobbying blitz by the Chinese-controlled short-video platform, the House vote underscored strong bipartisan consensus on addressing TikTok’s perceived threats to national security.

The bill passed by a vote of 352 to 65, with one member voting present, signaling a resounding endorsement for legislative action against TikTok.

Major debate

Now, attention turns to the Senate, where the fate of the bill remains uncertain.

Lobbyists on both sides are expected to intensify efforts to sway senators, as the legislation heads for what promises to be a contentious debate in the upper chamber.

Tech

Musk’s bombshell announcement as Tesla profits plunge

Tesla faces 71% net income drop in Q1 2025 amid falling revenue and vehicle deliveries; expert insights in the latest Ticker episode.

Published

7 hours ago

April 23, 2025

Ahron Young

Tesla faces 71% net income drop in Q1 2025 amid falling revenue and vehicle deliveries; expert insights in the latest Ticker episode.

Tesla has reported a dramatic 71% decline in net income for the first quarter of 2025, missing Wall Street expectations.

Revenue also fell 9% to $19.3 billion, largely due to slumping automotive sales in major markets like the U.S., China, and Germany.

A 13% drop in vehicle deliveries, tied in part to CEO Elon Musk’s political controversies, has investors worried.

Brad Gastwirth from Unearthing Opportunities joins us to unpack the numbers and what’s next for Tesla.

Tech

Nvidia to build AI supercomputers in the U.S. for first time

Nvidia invests $500 billion in U.S. AI supercomputers, shifting production to Texas to strengthen supply chains and boost domestic growth amid rising tariffs and national tech pressures.

Published

6 days ago

April 18, 2025

Veronica Dudo

Nvidia invests $500 billion in U.S. AI supercomputers, shifting production to Texas to strengthen supply chains and boost domestic growth amid rising tariffs and national tech pressures.

Nvidia to build AI supercomputers in the U.S. for the first time — a $500 billion move that could redefine the global tech industry.

With new tariffs on imports from China and Taiwan, the chip giant is shifting production to Texas, partnering with Foxconn and Wistron.

Nvidia says the decision will strengthen its supply chain and boost domestic economic growth.

The announcement comes amid growing pressure to secure national tech infrastructure and reduce reliance on Asia. How will this impact jobs, prices, and America’s AI ambitions?

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Tech

‘Stuck in the past’: Has Apple lost its edge?

Apple, once an innovator, faces criticism for stale updates and designs, prompting comparisons to 1980s IBM and calls for Tim Cook’s departure.

Published

1 week ago

April 16, 2025

Ahron Young

Apple, once an innovator, faces criticism for stale updates and designs, prompting comparisons to 1980s IBM and calls for Tim Cook’s departure.

Apple, once a symbol of innovation, is now under fire for uninspiring product updates.

The headline “Has Apple lost its edge? Critics say it’s stuck in the past” captures growing frustration over recycled designs and underwhelming features.

From the original iPhone to the lacklustre Apple Intelligence, critics now compare the company to IBM in the 1980s. Is it time for Tim Cook to step aside?

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