President-elect Donald Trump is reportedly expected to attempt to block a potential US ban of TikTok ahead of a looming January deadline, according to multiple sources including longtime ally Kellyanne Conway. TikTok is fighting in court to block a federal law that would require the app’s China-based parent ByteDance to divest its stake or face…
Ratings-challenged CNN is reportedly set for a major bloodbath — with boss Mark Thompson expected to lay off high-priced on-air talent as part of wide-ranging layoffs. The cable network — which lagged behind rivals MSNBC and Fox News during last week’s Election Night coverage — will implement “layoffs that will impact hundreds of employees across…
Mass deportations of illegal immigrants working in the US would likely disrupt the labor supply at some businesses, but it’s uncertain what impact it would have on inflation and the economy at large, Minneapolis Federal Reserve President Neel Kashkari said on Sunday. Kashkari appeared on CBS’ “Face the Nation” and outlined his views on the impact…
Big tech lobbyists are pushing hard to get Makan Delrahim into the next Trump administration, despite his shaky record at the Department of Justice, sources told The Post. Delrahim, who was supposed to crack down on big tech in Trump’s first term as head of the DOJ’s Antitrust Division, slow-walked what was set up to…
NEW YORK — The Justice Department is suing to block UnitedHealth Group’s $3.3 billion purchase of Amedisys, citing concerns the combination would hinder access to home health and hospice services in the U.S. The antitrust complaint was filed in Maryland federal court Tuesday. In a statement, U.S. Attorney General Merrick Garland said the government is…
Left-leaning social media users have reportedly flocked to upstarts Bluesky and Threads — two rival apps to X, the site owned by Donald Trump-backing billionaire Elon Musk — after the former president’s victory last week. Bluesky, the decentralized platform which was founded by former Twitter CEO Jack Dorsey, added 700,000 users since last Tuesday, growing…
Veteran broadcaster Chris Wallace is leaving CNN after three years but, at age 77, he’s not interested in retiring Chris Wallace says he’s leaving CNN after three years and, at age 77, is eager to see what a transformed media environment has to offer. “When I look at the media landscape right now, the people…
After a tumultuous year filled with anxiety and a legal battle about its future in the U.S., TikTok may have just been thrown a lifeline by the man who was once its biggest foe: Donald Trump. President-elect Trump, who tried to ban the social media platform the last time he was in the White House,…
NEW YORK — Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy. Since Election Day, investors have sent prices zooming for stocks of banks, fossil-fuel producers and other companies expected to benefit from Trump’s preference for lower tax rates and…
The union representing tech workers at the New York Times on Monday ended its strike — launched days before Election Day — without securing a new contract. The Tech Guild, which represents some 600 software engineers and programmers at the Gray Lady’s digital platforms, returned to work on Tuesday morning without management having met their…
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