Canada’s top competition authority has opened an antitrust investigation into Amazon, asking the company’s all-important third-party sellers to come forward with any evidence that the e-commerce giant has been hurting competition. Canada’s Competition Bureau said Friday the investigation would focus on three main areas. The first was whether Amazon’s policies influenced third-party sellers’...
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Biden’s Path to Forcing TikTok Sale Leads to Now-Dead App Musical.ly
Would TikTok have become a powerhouse without Musical.ly? As arcane as that question might appear, it could become the paramount issue in court if the Biden administration tries to force TikTok’s parent ByteDance to sell the app. That’s because ByteDance’s 2017 purchase of Musical.ly, a rival to the then-young TikTok, is what triggered the national security review that could...
OpenAI Temporarily Shuts Down ChatGPT After Privacy Bug Leaks Users’ Chat Histories
New Report to Australian Government Alleges ByteDance Poses Disinformation Threat
FTX Sues Liquidators of Bahamas Unit
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On a cosmic level, the collapse of Silicon Valley Bank was a mere blip. The murmurs about trouble began last Wednesday, the panic spread via group texts and Twitter threads on Thursday, the bank went under on Friday, the government got its act together on Saturday, and on Sunday every current and former customer of SVB could breathe a cautious sigh of relief.