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Billionaire Elon Musk is back in the political fray, giving Republicans a boost in the run up to the 2026 midterm elections. The Tesla CEO had injected hundreds of millions into the 2024 election but announced plans last spring to step back from political spending, a potential blow for the GOP ahead of the high-stakes...
The European Union (EU) on Friday accused TikTok of violating the bloc’s tech laws with its “addictive design” features. The preliminary finding from the EU’s executive arm, the European Commission, points to features like infinite scroll, autoplay and push notifications, as well as the platform’s “highly personalised recommender system.” It argues that TikTok failed to...
The Dow Jones Industrial Average closed above 50,000 points for the first time in the 140-year history of the stock index. The Dow gained more than 1,200 points Friday, rising 2.5 percent to close at 50,115 points. The S&P 500 index rose 2 percent on the day, and the Nasdaq composite closed with a gain...
The Republican Party launched a new TikTok account Friday, a day after former vice president and 2024 presidential candidate Kamala Harris relaunched her campaign-era social media account KamalaHQ. The account, titled “Republicans,” had just less than 6,000 followers as of noon EST Friday. Its bio urges followers to “text MAGA to 80810 to help us Make...
Rep. Ro Khanna (D-Calif.), the top Democrat on the House Select Committee on China, has launched an investigation into a deal between a Trump family cryptocurrency company and an investment firm linked to an Emirati royal known as the “spy sheikh.” In a letter Wednesday, Khanna pressed Zach Witkoff, CEO of World Liberty Financial, for...