Dow Sinks 540 Points, Or 3.3%; S&p 500 Sheds 67 Points, Or 3.4%

The algorithms are deemed core to ByteDance’s overall operations, and ByteDance would rather shut down the app than sell theirs. The content recommendation algorithm that powers the online short video platform TikTok has once again come under the spotlight after the U. S. ordered its Chinese owner, ByteDance, to sell the app’s U.

Using the IRS’ program, participants saved roughly $5.6 million in fees they would have otherwise spent with commercial tax preparation companies. The IRS said Friday that more than 140,000 taxpayers filed their taxes through its new direct file pilot program and participants saved roughly $5.6 million in fees they would have otherwise spent with commercial tax preparation companies.

Ransomware is the No. 1 arms race today between hackers and security specialists. You probably know better than to click on links that download unknown files onto your computer. It turns out that uploading files can get you into ransomware trouble, too.

Dairy farms facing an outbreak will have economic losses from caring for sick animals and the temporary reduction in milk sales. The discovery of fragments of avian flu virus in milk sold in U. S. stores, including in about 20% of samples in initial testing across the country, suggests that the H5N1 virus may be more widespread in dairy cattle than previously realized.

Despite the spike in interest rates, CEO John Isakson of ARK Homes for Rent has big plans to expand. Want more stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the free, daily ResiClub newsletter.

Southwest Airlines is ending flights to four major airports — three of which are currently served by nonstop routes from Denver International Airport — and cutting back on flights to two others, the airline announced Thursday. Starting Aug. 4, Southwest will no longer fly in or out of Bellingham International Airport in Washington state, Cozumel International Airport in Mexico, Houston’s George Bush Intercontinental Airport and Syracuse Hancock International Airport in New York state, according to a Thursday news release from Southwest Airlines. The airline will also reduce operations at Hartsfield-Jackson Atlanta International Airport in Georgia and Chicago O’Hare International Airport, the release stated. Of the canceled flights, Southwest offered nonstop routes out of Denver to Bellingham, Cozumel and Houston’s George Bush.