Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

TikTok service restoration efforts underway amid U.S. law

TikTok restores service after Trump intervention; seeks deal for U.S. ownership amid app’s ban for national security.

Published

on

TikTok restores service after Trump intervention; seeks deal for U.S. ownership amid app’s ban for national security.

TikTok announced on Sunday that it is working to restore service in the U.S. after the app went inactive for American users due to a new law.

The statement thanked former President Trump for his support and indicated that the company aims to negotiate a long-term solution with the incoming president.

On Truth Social, Trump encouraged companies to assist in keeping TikTok operational, stating that his order would delay the law’s prohibitions and facilitate negotiations to address national security concerns.

He also mentioned that companies helping to prevent TikTok from ceasing operations would not face any liability prior to his order, responding to TikTok’s request for assurance from the Biden administration.

Service was halted for 170 million users following a law that mandated TikTok to divest from its Chinese ownership or cease operations in the U.S. This unprecedented government action affected numerous American businesses and social media users dependent on TikTok.

Users encountered messages indicating that the app was not available, and it could no longer be downloaded from major app stores. TikTok communicated that a law banning the app was enacted, urging users to stay informed about potential reinstatement.

Trump proposed a solution involving a 50% U.S. ownership stake in a joint venture, though he did not elaborate on the specifics. He stated that this approach would safeguard TikTok’s future in the American market.

Continue Reading

News

Tasmania AFL team confirmed: Macquarie Point stadium legislation passes

Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.

Published

on

Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.


Tasmania is officially joining the AFL! After a marathon debate, the Legislative Council has passed the Macquarie Point stadium-precinct legislation 9-5. This milestone paves the way for the Tassie Devils Football Club to join the AFL in 2028, marking a historic moment for Tasmanian sport.

In an exclusive segment of Footynomics: The Business of Sport, Professor Tim Harcourt discusses the significance of this legislation, the social and economic impact of a new AFL team, and why this process took longer than expected.

We also explore what comes next for Tasmania, the AFL, and the broader implications for sports both in Australia and internationally.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#TasmaniaAFL #TassieDevils #AFLExpansion #Footynomics #MacquariePoint #SportsEconomics #AustralianFootball #TickerNews


Download the Ticker app

Continue Reading

News

Australian Dollar hits five-week high amid weak GDP and US Dollar

Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.

Published

on

Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.


The Australian dollar has surged to a five-week high as disappointing GDP data and a softer US dollar reshape trader expectations. Market participants are closely watching the Reserve Bank of Australia’s next policy meeting to gauge future interest rate decisions.

We sit down with Steve Gopalan from SkandaFX to break down what these developments mean for the Australian economy and global markets. From Q3 growth figures to inflation indicators, Steve explains the key drivers behind the Aussie dollar’s recent gains.

Traders are also keeping an eye on the Federal Reserve’s upcoming policy meeting, as a weaker US dollar could have further implications for the Australian currency. Stay informed with expert insights and what to expect in the weeks ahead.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AustralianDollar #ForexNews #AUD #GDPUpdate #USdollar #InterestRates #RBA #MarketAnalysis


Download the Ticker app

Continue Reading

News

EU launches antitrust probe into Meta over WhatsApp AI policy

EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.

Published

on

EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.


The European Commission has opened an antitrust investigation into Meta over WhatsApp’s new AI chatbot policy. The inquiry examines whether the policy restricts third-party AI developers from accessing WhatsApp’s business tools, potentially breaching EU competition rules.

Meta updated its terms, effective January 2026, which have already barred new AI providers since October 15. The rules prohibit AI developers from using WhatsApp as their primary service, affecting a number of AI companies looking to integrate with the platform.

The EU’s competition commissioner is considering interim measures to ensure fair competition. If Meta is found in violation, it could face fines of up to 10% of its global annual revenue.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Meta #WhatsApp #EURegulation #AIChatbots #TechNews #Antitrust #DigitalCompetition #MetaAI


Download the Ticker app

Continue Reading

Trending Now