Congress Ramps Up the Pressure on TikTok
Summary
The bill’s progress comes as The Times reveals more details about the video platform’s origin story — and the central role played by the Chinese subsidiary of the trading firm of a Republican donor, Jeff Yass. The European Union won’t open a formal investigation into the $13 billion investment, because it doesn’t amount to a full takeover of the ChatGPT parent or give Microsoft control over the start-up’s future, according to Bloomberg. The dismissals came after dozens of employees took part in demonstrations against Project Nimbus, a $1.2 billion deal shared with Amazon to provide the Israeli government with cloud computing services. A reminder of what’s happening: Investors are being asked to re-approve the stock grant — which was overwhelmingly ratified in 2018 — after Chancellor Kathaleen McCormick of Delaware said that Tesla’s board was too cozy with Musk. Three weeks after the collapse of the Francis Scott Key Bridge forced the closure of Baltimore’s port, America’s supply-chain industry is figuring out how to deal with the loss of a major hub for getting goods in, out and around the country.