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Netflix Adds Record 19 Million Subscribers in Holiday Quarter
Netflix added 18.9 million subscribers in its holiday quarter, blowing past Wall Street's forecasts, with live sporting events and the return of its popular South Korean series "Squid Game" attracting a record number of new customers, the company reported Tuesday.
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Citigroup Must Face N.Y. Lawsuit Over Fraud Scams
A federal judge Tuesday rejected Citigroup's bid to dismiss a lawsuit by New York Attorney General Letitia James accusing its Citibank unit of failing to reimburse customers who fall victim to online scammers.
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TikTok App Unavailable on Apple, Google Stores in US
TikTok remained unavailable on Apple and Google app stores in the U.S. Tuesday, a day after President Donald Trump signed an executive order delaying the enforcement of a ban on the popular Chinese-owned short-video app by 75 days.
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Lonestar Aims to Put Data Center on the Moon
Lonestar Data Holdings is reaching for the moon in its quest to place the first physical data center on the lunar landscape.
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Trump Grants TikTok a 75-Day Reprieve, With a Twist
President Donald Trump signed an executive order seeking to delay by 75 days the enforcement of a ban of popular short-video app TikTok that was slated to be shuttered on Jan. 19.
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KIA's EV6 GT Chock Full of Features, Performance
The 2024 Kia EV6 GT is the apex of Kia's foray into the electric vehicle (EV) market.
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Musk Slams China's X Ban as Trump Rescues TikTok
As President-elect Donald Trump had said he is considering a 90-day extension to TikTok so the company can finalize a deal, Elon Musk has criticized the Chinese government for banning X, the Financial Times has reported.
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TikTok: From Fun App to 'National Security Threat'
If it feels like TikTok has been around forever, that's probably because it has, at least if you're measuring via internet time. What's now in question is whether it will be around much longer and, if so, in what form?Starting in 2017, when the Chinese social video app...
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Starbucks Plans Corporate Layoffs as Part of Turnaround
Starbucks plans an unspecified number of layoffs as it restructures its corporate staff.
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Davos Climate Activists Paint Amazon Base Green, Disrupt Helicopters
Climate activists sprayed green paint over Amazon's base in Davos Monday and disrupted helicopter landings at the start of the World Economic Forum's annual meeting.
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Conservatives Revel at TikTok Trump Inauguration Party
TikTok earmuffs and MAGA hats adorned partygoers at Sunday's inauguration celebration for the incoming President Donald Trump and the video-sharing platform he once tried to ban.
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TikTok Says It Is Restoring Service in US
TikTok said it was in the process of restoring its service in the U.S. on Sunday, adding it will work with Republican President-elect Donald Trump on a long-term solution that keeps the popular Chinese-owned social media app in the United States....
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Perplexity AI Bids to Merge With TikTok US
Perplexity AI asked TikTok's Chinese parent company, ByteDance, on Saturday to allow the U.S. search engine startup to merge with TikTok U.S. and create a new entity combining them and New Capital Partners, CNBC reported.
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FTC, States Sue John Deere Over 'Right to Repair'
The Federal Trade Commission and the states of Illinois and Minnesota have sued John Deere, accusing the company of illegally restricting farmers and independent technicians from fixing their own machinery, Breitbart reported.
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White House Calls TikTok Threat to Shut Down Sunday a 'Stunt'
The White House called a threat by TikTok to shut down in the United States on Sunday without a new statement from the Biden administration to assure Google, Apple and other companies a "stunt."
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TikTok Ban Looms, Leaving Millions of Users in Limbo
A looming TikTok ban is set to take effect Sunday unless the app's Chinese parent company sells the popular platform, leaving users and investors scrambling for last-minute reprieves, The Hill reported.
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Moderna Gets $590M to Speed Bird Flu Vaccine
U.S. health officials announced Friday they were awarding $590 million to Moderna to develop mRNA vaccines against influenza, including advancing the company's bird flu vaccine, as fears of a new pandemic grow.
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United Airlines Donates $1M to Trump Inaugural Fund
United Airlines said Friday it is donating $1 million to President-elect Donald Trump's inaugural committee and said that CEO Scott Kirby plans to attend various events over the long holiday weekend, through Trump's inauguration on Monday....
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Vanguard to Pay $106M for Target-Date Fund Tax Bills
Vanguard Group will pay $106.4 million to settle U.S. Securities and Exchange Commission charges alleging it failed to disclose important tax information about its popular target-date funds.
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FAA Opens Probe Into SpaceX's Starship Explosion
The U.S. Federal Aviation Administration said Friday it will oversee an investigation by Elon Musk's SpaceX into an explosive Starship test flight the previous day that forced airlines to divert dozens of flights to avoid debris.
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CNN Guilty of Defaming Navy Vet, Must Pay $5M Damages
A Florida jury on Friday found U.S. broadcaster CNN liable for defaming a U.S. Navy veteran who helped evacuate people from Afghanistan after the U.S. military withdrew from the country in 2021.
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US Sues Pepsi for Exclusive Discounts to Walmart
The U.S. Federal Trade Commission sued PepsiCo Friday for offering preferential pricing to a large retailer, whom a source familiar with the matter confirmed was Walmart.
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Goldman Sachs Boosts CEO Pay by 26% to $39M
Goldman Sachs raised CEO David Solomon's compensation by 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at the helm for another five years.
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TikTok Addicts See Silver Lining in US Ban
TikTok is entering its final hours in the U.S. ahead of a potential ban effective on Sunday, prompting howls of protest from devoted users of the beloved video-streaming app.
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Lawsuit: P&G 'Greenwashed' Charmin Toilet Paper
A new lawsuit accuses Procter & Gamble of deceiving Charmin purchasers with misleading environmental claims, known as greenwashing, about how it sources its toilet paper.