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Scanlon explains her philosophy of economic education in this excerpt from her book, “In This Economy? How Money & Markets Really Work.”
CFIUS has a say in foreign transactions when national security is a concern, including venture capital and real estate deals.
It’s part of an overall mistrust of foreign influence with deep roots in American history.
“You sort of have these two parallel internets that are existing in both countries,” says WSJ technology reporter Meghan Bobrowsky.
A lot of brands don’t seem to have a backup plan, says Jordan Holman of The New York Times. The platform is where “they need to be.”
Efforts to force parent company ByteDance to either divest or sell off the app would likely meet resistance from China.
They used to sell as a guilty pleasure to be hidden away. Now they’re cool and out in the open.
The video platform and the music company couldn’t agree on terms for renewing their contract. Some of the fallout will hit video creators.
The government has virtually no data on this mostly unregulated, $250 billion global industry, says Drew Harwell of The Washington Post.
TikTok’s latest beverage trend is driving sales of flavored syrups and powders, but experts don’t expect it to last.