The House voted overwhelmingly to approve a measure that would ban TikTok from operating in the United States or force a sale, posing the most serious threat yet to the popular short-form video platform. The bill passed the House 352 to 65 … Read More
The Biden administration is studying the possibility of introducing a central bank digital currency. A legislative proposal from Florida Gov. (and possible Republican U.S. presidential candidate) Ron DeSantis would prohibit the use of a national central bank digital currency (CBDC) … Read More
KAMPALA, March 21 (Reuters) – Uganda’s parliament on Tuesday passed a law that criminalises identifying as LGBTQ, handing authorities broad powers to target Ugandans who already face legal discrimination and mob violence. More than 30 African countries, including Uganda, already … Read More
Germany was heavily reliant on China’s network equipment manufacturers for their 4G network and initial 5G networks. Now, Germany plans on banning China’s Huawei and ZTE from their newer and faster upcoming 5g networks. According to the German newspaper Zeit … Read More
Investors in Meta, Snap and other U.S. digital media companies have been looking for signs of a rebound after a tumultuous 2022. They got some unexpectedly optimistic news this week. The U.S. House Foreign Affairs Committee on Wednesday voted to … Read More
TikTok was taken off guard when the European Commission issued an order restricting the use of the social media app on government devices. The decision comes amid increased scrutiny in of Chinese-owned apps and issues with privacy, data-sharing, and cybersecurity. … Read More
Sen. Josh Hawley (R-MO) announced his intention to introduce a bill to ban the social media app TikTok nationwide. Hawley, a longtime critic of the app, views it as a “Trojan Horse” for the Chinese Communist Party. He didn’t say … Read More
A two-year ban on some foreigners buying homes in Canada has come into effect. The ban aims to help ease one of the most unaffordable housing markets in the world. As of this summer, the average home price in Canada … Read More
A new bill from a bipartisan group of lawmakers, if passed, would ban TikTok in the U.S. after years of broad concern across the Trump and Biden administrations about potential Chinese government influence on the company. Social media stocks like … Read More
Japan and the Netherlands have agreed in principle to join the US in tightening controls over the export of advanced chipmaking machinery to China, according to people familiar with the matter, a potentially debilitating blow to Beijing’s technology ambitions. The … Read More