tiktok Oracle and Walmart Secure Ownership Stakes in New TikTok Global Entity Oracle takes a 12.5% equity stake and Walmart secures 7.5% in the newly formed TikTok Global as part of a deal approved by President Trump. The new U.S.-based entity promises to pay over $5 billion in new tax dollars to the U.S. Treasury.
social media Social Media Platforms Scramble to Label Election Misinformation Major social networks face a critical test as they deploy warning labels and restrict sharing to combat premature victory claims and misinformation during the 2020 election.
twitter Twitter Censors Trump Tweet As President Shifts Tone On Minneapolis Unrest Twitter hides a tweet from President Trump for glorifying violence during the Minneapolis protests, prompting the president to strike a more somber tone later in the day. The social media platform's unprecedented action highlights the ongoing tension between the White House and tech companies.
trump Trump Executive Order Threatens Online Free Speech After Twitter Fact-Check President Trump signs an executive order targeting social media companies after Twitter fact-checks his tweets, sparking severe concerns over global online freedom of expression. The order seeks to strip legal protections from platforms that moderate content in ways the government dislikes.
trump Trump Targets Social Media Legal Shield With Executive Order After Twitter Fact-Check President Trump signs an executive order aiming to strip social media companies of legal protections after Twitter adds fact-checking labels to his tweets. Legal experts dismiss the move as political theater that fails to alter existing federal law.
trump Trump Signs Executive Order Targeting Social Media Platforms After Twitter Fact-Check President Trump signs an executive order aiming to limit legal protections for social media companies after Twitter adds fact-check labels to his tweets. The order seeks to make platforms more accountable for user content moderation.
trump Trump Signs Executive Order Challenging Social Media Legal Shield President Trump signs an executive order aimed at limiting Section 230 protections for internet companies after Twitter fact-checks his posts. Tech companies push back, arguing the order threatens online free speech.
gm Trump Invokes Defense Production Act to Force GM Ventilator Manufacturing President Trump orders General Motors to prioritize federal ventilator contracts under the Defense Production Act amid an ongoing contract dispute. GM maintains it is working around the clock to produce the life-saving equipment at cost.
defense production act White House Invokes Defense Production Act to Compel GM Ventilator Manufacturing President Trump orders General Motors to produce ventilators using a Korean War-era law, citing the urgent need to combat the coronavirus pandemic. The mandate does not alter the automaker's existing plans to build the medical devices with Ventec Life Systems.
coronavirus White House Issues Strict 15-Day Guidelines to Slow Coronavirus Spread The Trump administration releases a strict set of 15-day guidelines urging Americans to avoid gatherings of ten or more people and work from home. The recommendations come as U.S. cases surpass 4,000 and the stock market experiences record losses.
fact check Trump Misleads Public on Scope of Google Coronavirus Screening Site President Trump and health officials misleadingly suggest Google is building a nationwide coronavirus screening website, when the project actually belongs to a sister company and is limited to the San Francisco Bay Area.
google White House Misidentifies Google as Creator of Coronavirus Screening Site President Trump incorrectly states that Google is building a nationwide coronavirus screening website, when the project actually belongs to Alphabet's Verily division and remains in early development.
coronavirus Trump Declares National Emergency to Free $50 Billion for Coronavirus Fight President Trump declares a national emergency over the coronavirus pandemic, unlocking up to $50 billion in federal resources for states. The announcement triggers a historic stock market rally, though health officials warn that case numbers will continue to rise.
airlines Airline Stocks Plummet After Trump Announces European Travel Ban Airline stocks experience massive losses following a new US travel ban on most of Europe. The sweeping restrictions deal another heavy blow to an already struggling aviation industry.
european markets European Markets Crash to Record Lows Amid Travel Ban and ECB Inaction European stocks suffer their worst single-day drop in history as a U.S. travel ban on much of Europe and a surprise ECB decision to hold interest rates rattle investors. The pan-European Stoxx 600 plunges 11 percent, with travel and leisure companies taking the heaviest losses.