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Lawmakers Blast TikTok’s CEO for App’s Ties to China, Escalating Tensions

Lawmakers grilled Shou Chew, TikTok’s chief executive, over the app’s ties to its Chinese parent company and its effects on children, as Chinese officials said they opposed a sale of the platform....

As Zelensky Visits Kherson, World Bank Says Ukraine Needs $411 Billion to Rebuild

The bank released a significantly higher figure as European Union leaders approved plans to provide Kyiv with one million artillery shells over the next 12 months.  » mehr lesen

Crypto Fugitive Do Kwon Is Arrested in Montenegro, Authorities Say

Mr. Kwon, the entrepreneur behind the failed TerraUSD and Luna cryptocurrencies, was arrested earlier in Montenegro.  » mehr lesen

Utah Law Could Curb Use of TikTok and Instagram by Children and Teens

The law, which prohibits social networks from allowing minors to have accounts without parental consent, may come as welcome news to many families even as it raises privacy concerns.  » mehr lesen

Banks Are Borrowing More From the Fed: What to Know

As turmoil sweeps the United States financial system, banks are turning to the Federal Reserve for loans to get them through the squeeze.  » mehr lesen

Stocks Are Turbulent as Wall St. Weighs Fed’s Future Moves

Investors remain preoccupied with the health of banks as interest rates rise, putting balance sheets under pressure.  » mehr lesen

Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.

Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind rapid price growth.  » mehr lesen

TikTok Claims It’s Limiting Teen Screen Time. Teens Say It Isn’t.

This month, the company announced a new 60-minute “daily screen time limit” for users under 18. But for most young users, staying on the app takes just a few taps.  » mehr lesen

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