TikTok was hit with a massive EU fine of 530 million euros ($600 million) Friday, accused of sending personal data of Europeans to China and failing to guarantee it was shielded from access by Chinese authorities. The Chinese-owned social media giant, which is also in the crosshairs of the United States, acknowledged during a probe … Read more
Maris-Tech Ltd. (NASDAQ: MTEK) shares made headway early Friday, as the Israel-based company, a global leader in video and artificial intelligence- based edge computing technology, today announced that it has entered into a new distribution agreement with Armit Sp. z.o.o., a leading Polish defense solutions provider. The collaboration represents a key step in … Read more
US President Donald Trump signed an executive order on Thursday to cut public funding for NPR and PBS, accusing the news outlets of being biased in his latest attack on traditional media. Trump has long had an antagonistic relationship with most mainstream news media, previously describing them as the “enemy of the people.” A notable … Read more
The formal agenda of the Federal Communications Commission’s open meeting this week seemed well in line with its normal wonky pursuits. There were items on satellite broadband, a licensing framework for the lower 37-gigahertz spectrum, and newly proposed rules that could help block robocalls. In the practiced government kabuki of these events, commissioners spoke, proposals … Read more
Nvidia (NASDAQ:NVDA) CEO Jensen Huang has made tens of billions of dollars in recent years from his stake in the chipmaker, but he’s getting his first salary increase in a decade. Reports out this morning suggest Huang’s base salary rose to $1.5 million, a 49% increase from 2024, according to a proxy filing … Read more
The massive EU fine against TikTok on Friday marks the latest setback for the popular Chinese-owned social media platform, which has more than one billion users. Here is a closer look at TikTok: TikTok’s surge from niche video app to global powerhouse is one of the most significant shifts in digital entertainment since the advent … Read more
Welcome to Ask Wirecutter, where deputy editor Annemarie Conte helps you figure out how to make the most of your stuff in real life. If you have a shopping conundrum for our advice columnist, submit it using this form. Dear Wirecutter, My neighbors are kind of the worst. They’re loud, regularly light a fire pit, … Read more
Hong Kong’s economy grew by 3.1 percent in the first quarter of the year, the city’s government said Friday, though it warned US tariffs had heightened “downside risks” in the global economy. US President Donald Trump’s stinging tariffs of 145 percent on many Chinese products came into force last month. Beijing has responded with fresh … Read more
Media rights group RSF warned Friday about “an alarming deterioration in press freedom” in the United States under President Donald Trump as well as “unprecedented” difficulties for independent journalists around the world. Paris-based Reporters Without Borders, which has been tracking press freedom for the last 23 years, said its main index had fallen to its … Read more
European and Asian markets rose on Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate steep tariffs. US markets had forged higher Thursday following strong results from tech giants Microsoft and Meta that helped offset lingering economic worries. “Equity markets are largely rising this morning boosted by the … Read more