Rohit Chopra, one of three democratic commissioners on the Federal Trade Commission, is expected to be confirmed by the Senate to run the Consumer Financial Protection Bureau in the coming days, the Wall Street Journal reported Tuesday. Chopra’s departure will temporarily hamper the new FTC Chair Lina Khan’s aggressive plans for the antitrust and consumer protection agency. Chopra, Khan and...
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TikTok CEO Goes to Washington With a Disparate Band of Allies
TikTok is one of the most popular entertainment services in the U.S., used monthly by nearly half of the population. Yet as the app battles for its life, it has remarkably few allies to provide support. Even those that directly benefit from TikTok, such as music labels and creators, have mixed feelings about TikTok, largely because they say it doesn’t pay its partners enough. That’s...
Virgin Orbit Nears $200 Million Funding Deal
Amazon Tests Palm-Scanning Technology at Panera Bread
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