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trump administration

ByteDance rejects Microsoft’s offer to buy TikTok

8 mins read

The FINANCIAL — Microsoft says that it’s not acquiring parts of TikTok’s operations after its bid was rejected by Beijing-based ByteDance. After weeks of public back and forths, Microsoft ultimately failed in its attempts to acquire TikTok. Talk of a sale began as President Donald Trump issued executive orders last month seeking to ban TikTok and requiring that its US operations be spun off from its parent company. It’s not clear exactly what will happen to TikTok in the US now that Microsoft has been unsuccessful in its bid, but it leaves the door open for Oracle as a potential buyer. Microsoft…

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ByteDance rejects Microsoft’s offer to buy TikTok

8 mins read

The FINANCIAL — Microsoft says that it’s not acquiring parts of TikTok’s operations after its bid was rejected by Beijing-based ByteDance. After weeks of public back and forths, Microsoft ultimately failed in its attempts to acquire TikTok. Talk of a sale began as President Donald Trump issued executive orders last month seeking to ban TikTok and requiring…

U.S. teen vaping rates drop by almost 2 mln

7 mins read

The FINANCIAL — Almost 2 million fewer U.S. teenagers reported using e-cigarettes in 2020 compared to 2019, according to new data from the U.S. Centers for Disease Control and Prevention. Around 3.6 million young people in the US were current (in the past thirty days) e-cigarette users in 2020, down from 5.4 million in 2019. Just…

116 members of Congress demand to end transgender military ban

5 mins read

The FINANCIAL — Trump announced the transgender ban in July 2017. On April 12, 2019, the Trump administration banned transgender individuals from serving openly in the military. The Pentagon argues the policy is not a ban since it allows for waivers and because those who came out under the Obama administration’s policy, which allowed open transgender service, can…