TikTok and its parent company, ByteDance, have collectively spent over $7 million in 2023 to influence Congress and federal officials in an effort to prevent potential legislation that could ban the popular social media app in the United States. ByteDance alone allocated a record-breaking $2.68 million on in-house TikTok lobbyists in the first quarter of
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Jack Dorsey, the CEO of Block (formerly Square), recently announced that the company is taking its bitcoin mining efforts to the next level. They are not only designing chips but will also be developing a full bitcoin mining system. This move signifies Block’s commitment to making bitcoin mining more accessible and decentralized. In a recent
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Despite reporting quarterly earnings and revenue that surpassed analysts’ expectations, PepsiCo faced challenges in the U.S. market. Weaker demand, caused by Quaker Oats recalls and backlash to higher prices for its products, led to a decline in shares by more than 2% in morning trading. The company reported earnings per share of $1.61, higher than
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The tech sector is currently experiencing a period of uncertainty, with the chief executive of Norway’s sovereign wealth fund expressing concerns about the “froth” in the market. As tech giants such as Tesla, Meta, Microsoft, and Google parent Alphabet gear up to release their earnings results, investors are eagerly awaiting to see how these companies
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The gender of a physician can have a significant impact on patient outcomes, according to a recent study conducted by researchers from the US and Japan. The study found that patients treated by female physicians were less likely to die or be readmitted to the hospital compared to those treated by male physicians. This difference
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