Posted by Alumni from TechCrunch
April 28, 2024
TikTok's fate in the U.S. looks uncertain after President Joe Biden signed a bill that included a deadline for ByteDance, TikTok's parent company, to divest itself of TikTok within nine months or face a ban on distributing it in the U.S. Ivan writes about how the impact of TikTok bans in other countries could signal what's to come stateside. Meanwhile, fallout from the Change Healthcare hack continues. Change, a subsidiary of health insurance giant UnitedHealth, confirmed this week that the ransomware attack targeting it earlier this year resulted in a huge theft of Americans' private health info, possibly covering 'a substantial proportion' of Americans. And Tesla profits dropped 55% as the EV company contends with increased pressure from hybrid carmakers. The automaker's growth plan is centered around mysterious cheaper EVs scheduled to launch next year ' as well as perhaps a robotaxi. But a recall on the Cybertruck for faulty accelerator pedals certainly won't help in the... learn more