California Gov. Gavin Newsom is digging in against protesters who this week shut down most operations at the Port of Oakland, saying truckers “should focus on supporting this transition” to a new employment law, even…
TikTok’s Chinese parent company increased U.S. lobbying spending…
TikTok’s Chinese parent ByteDance had its biggest lobbying quarter ever, spending more than $2.1 million in the second quarter to lobby the U.S. government, according to its disclosure filed Wednesday in a federal database. That represents a…
Amazon Sues Thousands of Facebook Administrators Over Fraudulent…
Amazon on Tuesday filed a lawsuit against the administrators of more than 10,000 Facebook groups who allegedly acted as fake review brokers. The lawsuit filed in King County Superior Court in Seattle accuses the group admins of soliciting reviews for…
Elon Musk via Wikimedia Commons
Judge Agrees to Expedite Twitter Lawsuit Against Elon…
A Delaware judge agreed to expedite the trial for Twitter's lawsuit against Elon Musk to October. Twitter's and Musk's legal teams met on a Zoom call on Tuesday, in which they each presented a case for…
Bill Gates Pledges to Give Most of His…
Bill Gates says he plans to donate nearly all his wealth to the foundation he launched with his ex-wife, Melinda, to the extent that he will eventually no longer be among the world's richest people.…
Tomás Del Coro from Las Vegas, Nevada, USA, CC BY-SA 2.0, via Wikimedia Commons
Spirit Postpones Frontier Deal Vote…Again
Spirit Airlines agreed to push its shareholder vote on the Frontier deal again in order to give the airline more time to garner support from Spirit shareholders. Spirit, the nation's largest budget carrier, announced Wednesday that…
Report: Inflation Soars to 9.1%
The Consumer Price Index (CPI) rose 9.1% between June 2021 and June 2022, meaning that inflation once again surpassed record highs, a Wednesday morning report from the U.S. Bureau of Labor Statistics showed. The most recent year-over-year inflation figure…
Los Angeles Area 7-Eleven Stores Encouraged to Close…
Los Angeles area 7-Eleven stores were encouraged to close by corporate leaders after a string of violent robberies that resulted in multiple deaths. "Our hearts are with the victims and their loved ones," 7-Eleven corporate…
Twitter Shares in Free-fall in Wake of Collapse…
Shares of Twitter On Monday had dropped in value to 37 percent below the $44 billion price Elon Musk first offered the company when he sought to purchase it. The Tesla founded told securities regulators…
Theranos COO Founds Guilty on All 12 Charges
Former Theranos executive Ramesh "Sunny" Balwani was found guilty of 12 federal criminal fraud charges on Thursday, making him the second high-level leader of the now-defunct blood testing firm convicted of deceiving investors about its failed technology.…