Print Mode Enable Media Only

News chronological

5 items before 1151415 (Keyword: "divestment" (~5 currently found))

THENATIONALPULSE (Pulse Wires) - TikTok Returning to Government Phones as Federal Ban Lifted.

The White House has lifted its ban on TikTok for federal devices.

Following ByteDance’s divestment to U.S. investors, the Trump administration has reversed a ban on TikTok for federal devices. PULSE POINTS WHAT HAPPENED: - DETAIL: Back in 2022, the Biden government implemented a ban on TikTok for federal devices over fears of Chinese data collection. ByteDance, the Chinese technology company that created the app, agreed to divest in September 2025 to U.S. investors. The divestment prompted the Department of Justice (DOJ) to reassess its stance. The DOJ ultimately concluded that the app’s U.S. version was no longer subject to the ban. “TikTok is no longer a ‘covered application’ for purposes of the No TikTok on Government Devices Act,” reads a memo from Russell Vought, Director of the…Open

AI:The Trump administration has officially lifted the federal ban on TikTok for government devices following ByteDance's successful divestment to U.S. investors. Originally implemented during the Biden era due to concerns regarding Chinese data collection, the app is no longer classified as a "covered application" by the Office of Management and Budget after the ownership transition secured under President Trump’s administration. While several federal agencies are now establishing official accounts on the platform, the ban remains in effect for both chambers of Congress and various state governments. Despite this shift toward integration, the platform continues to face legal scrutiny regarding its impact on minors, specifically concerning…Open

THENATIONALPULSE (Pulse Wires) - Jury Finds Live Nation (Ticketmaster) is Monopoly That Overcharged Consumers.

A federal jury ruled that Live Nation acts as a monopoly, which could lead to significant changes in the concert industry, including potential divestments or a breakup of the company. The post Jury Finds Live Nation (Ticketmaster) is Monopoly That Overcharged Consumers. appeared first on The National Pulse .

A federal jury ruled that Live Nation acts as a monopoly , which could lead to significant changes in the concert industry, including potential divestments or a breakup of the company. PULSE POINTS WHAT HAPPENED: A federal jury found Live Nation, the owner of Ticketmaster, guilty of operating as a monopoly in violation of federal and state antitrust laws. The verdict concluded a case in New York brought by 34 states that could have significant implications for the music industry. DETAIL: The jury’s decision came after four days of deliberations following a seven-week trial. The case involved complex questions and expert testimony, with the federal government initially calling for a breakup of Live Nation and Ticketmaster. The judge …Open

NYTIMES (Colby Smith, Tony Romm and Steven Rich) - Trump’s Fed Pick Warsh Discloses Vast Wealth Ahead of Confirmation Hearing

Kevin M. Warsh vowed to divest a substantial amount of his more than $100 million in assets as he faces a complicated path to becoming the next chair of the Federal Reserve.