Similar Stories to China Says It Won’t Approve Tiktok Sale, Calls It ‘extortion’ on Bing News

The September 20 deadline for a purported TikTok sale has already passed, but the parties involved have yet to settle terms on the deal. ByteDance and TikTok’s bidders Oracle and Walmart presented conflicting messages on the future ownership of the app, confusing investors and users. Meanwhile, Beijing’s discontent with the TikTok sale is increasingly obvious. China has no reason to approve the “dirty” and “unfair” deal that allows Oracle and Walmart to effectively take over TikTok based on “bullying and extortion,” slammed an editorial published Wednesday in China Daily, an official English-language newspaper of the Chinese Communist Party. The editorial argued that TikTok’s success — a projected revenue of about a billion dollars by the end of 2020 — “has apparently made Washington feel uneasy” and prompted the U.S.

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This massive art installation in Chicago is a building-size exploration of joy
Fast Company, Friday - 06/14/2024 - 03:32 PM
Designer Yinka Ilori transformed the facade of Chicago’s The Mart building into a vibrant video installation. Joy is usually thought of as something that can be felt—an emotion akin to a bright bloom of light bubbling up from deep within the soul. But to British-Nigerian designer and artist Yinka Ilori, joy is a tangible thing that can be built.
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Pope Francis calls on global leaders to ensure AI remains human-centric
Fast Company, Friday - 06/14/2024 - 03:06 PM
This is the first time a pontiff has addressed a G7 summit. Pope Francis challenged leaders of the world’s wealthy democracies Friday to keep human dignity foremost in developing and using artificial intelligence, warning that such powerful technology risks turning human relations themselves into mere algorithms. Francis brought his moral authority to bear on the Group of Seven, invited by host Italy to address a special session at their annual summit on the perils and promises of AI.
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Access to abortion pill Mifepristone remains problematic, here’s why
Fast Company, Friday - 06/14/2024 - 02:22 PM
Many states still restrict full access to the drug. Access to the abortion pill mifepristone will not change after the U. S. Supreme Court unanimously rejected an effort Thursday by anti-abortion groups to roll back its availability, a win for abortion rights supporters and millions of women in states where abortion is legal.
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Teslas’s largest shareholder voted in favor of Musk’s $56B pay package
Fast Company, Friday - 06/14/2024 - 01:09 PM
Vanguard has the most Tesla shares, second only to Elon Musk. Tesla’s largest outside investor Vanguard said it voted in favor of CEO Elon Musk’s $56 billion pay package, citing the company’s performance, contributing to the passage of the record-setting arrangement on Thursday.
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Tempus IPO: Stock price watched today as AI health-tech company starts Nasdaq trading
Fast Company, Friday - 06/14/2024 - 12:45 PM
The company, founded by Groupon cofounder Eric Lefkofsky, is the latest AI-related firm to go public as 2024’s artificial intelligence wave continues. Nothing is hotter in tech right now than artificial intelligence. No wonder then that many AI companies see 2024 as the year to go public. The latest AI tech company to make its market debut is Tempus AI, Inc.
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Elon Musk wins shareholder approval for record $56 billion pay package
Fast Company, Friday - 06/14/2024 - 12:37 PM
The shareholder approval, however, does not resolve a Delaware court’s lawsuit on the pay package. Tesla shareholders approved CEO Elon Musk’s $56 billion pay package, the electric vehicle-maker said on Thursday, a big thumbs-up to his leadership and an incentive to keep his focus on his biggest source of wealth.
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