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Parents struggle to afford soaring summer camp costs
Inflation's impact has been felt in nearly every facet of U.S. consumer spending, including summer activities, with many parents saying they are unable to afford the spiking costs of summer camps. Nancy Chen has some tips on what parents can do to ...CBS News - Top stories -
How TikTok Lost the War in Washington
Coordinated efforts by its critics and missteps by the company led to the law forcing a sale or ban of the popular app.The Wall Street Journal - Tech - Tiktok -
On TikTok, Potential Ban of App Leads to Resignation and Frustration
While Congress says the social app is a security threat, critics of the law targeting it say it shows how out of step lawmakers are with young people.The New York Times - Tech -
ByteDance Says It Won't Sell U.S. TikTok
The Beijing-based company said that foreign-media reports that it is exploring the sale of TikTok “are untrue.”The Wall Street Journal - Tech - Tiktok -
Universal Music Artists to Return to TikTok After New Licensing Deal
The deal comes after the companies failed to reach an agreement, prompting Universal to pull all of its artists’ songs off TikTok at the beginning of February.The Wall Street Journal - World - Tiktok -
Taco Bell parent Yum Brands’ stock slides on first-quarter earnings and revenue miss
Yum Brands’ CEO David Gibbs described “a difficult operating environment” during the first quarter.MarketWatch - Business -
Kevlar, Tyvek parent DuPont’s stock surges after big profit beat, raised outlook
CEO Ed Breen says results confirm that electronics business is now past the bottom, and “on road to recovery.”MarketWatch - Business -
Patreon's TikTok Ban Takedown Post Is a Master Class in Attracting Future Clients
Patreon says it's worried about volatility in the creator economy, and its pseudo sales pitch to attract creators unseated from TikTok is a good example of on-brand messaging.Inc. - Business - Tiktok -
Biden Signs TikTok Ban Bill Into Law. Here’s What Happens Next.
President Biden has signed the bill to force a sale of the video app or ban it. Now the law faces court challenges, a shortage of qualified buyers and Beijing’s hostility.The New York Times - Tech - Joe Biden -
TikTok honors 15 creators for Asian American Pacific Islander Heritage Month
TikTok is celebrating a group of 15 creators, business owners and “industry disruptors” for this year’s Asian American Pacific Islander Heritage Month.NBC News - Top stories - Tiktok -
TikTok Broke the Tech Law Logjam. Can That Success Be Repeated?
For years, federal lawmakers have tried to pass legislation to rein in the tech giants. The TikTok law was their first success.The New York Times - Tech - Tiktok -
Most Americans View TikTok as a Chinese Influence Tool, Poll Shows
AReuters/Ipsos survey shows huge support for the idea that the social media platform is being used to shape U.S. public opinion.Inc. - Business - Tiktok -
How Marc Jacobs Cracked the Code for Going Viral on TikTok
The fashion label is tapping creators to make user-generated content. A social media expert explains why the tactic is working--and what smaller brands can learn from it.Inc. - Business - Tiktok -
TikTok and Universal Music Group settle royalty dispute with new licensing agreement
The months-long standoff between Universal Music Group and TikTok over royalty payments and AI policies is finally over, at least for the time being, with the announcement that the two entities have struck a deal to bring the label’s music back on ...NBC News - Top stories - Tiktok -
Fed chair Powell signals rates will remain higher for longer
US central bank says there has been a ‘lack of further progress’ towards 2% inflation goalFinancial Times - Business - Federal Reserve -
Fed chair Powell signals rates will remain higher for longer
US central bank says there has been a ‘lack of further progress’ towards 2% inflation goalFinancial Times - Business - Federal Reserve -
‘Green Islam’ Drew a Reporter to Indonesia
An environmental movement is growing in the world’s most populous Muslim nation.The New York Times - World - Indonesia -
How TikTok grew from a fun app for teens into a potential national security threat
If it feels like TikTok has been around forever, that’s probably because it has, at least if you’re measuring via internet timeABC News - Tech - Tiktok -
What Is TikTok Worth? Some Say $20 Billion, Others Say $100 Billion
The answer depends partly on whether TikTok bundles the U.S. and international businesses, and if it includes its coveted algorithm.The Wall Street Journal - Tech - Tiktok -
Instagram and Twitch roll out new TikTok-like short-form video discovery features
Instagram and Twitch rolled out new features this week that would boost short-form video content in ways reminiscent of TikTok’s discovery algorithm.NBC News - Top stories - Tiktok -
TikTok on the Clock, Tesla’s Flop Era and How NASA Fixed a ’70s-Era Space Computer
“A clock is ticking on one of America’s most famous apps.”The New York Times - Tech - Tiktok -
Taylor Swift's music returns to TikTok after Universal Music agrees new licensing deal, ending spat
In a statement Thursday, UMG said the new licensing deal would lead to the return of its artists' music to TikTok.CNBC - Business - Tiktok -
Democrats release report on big oil probe
Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment The Big Story Democrats release report on big oil probe According to a report from a yearslong investigation by House Democrats, major oil ...The Hill - Politics -
Qantas blunder lets customers view strangers' data
The airline has apologised after users of its app were mistakenly given access to personal details.BBC News - Top stories -
Morning Report — Democrats vow to shield GOP Speaker
House Democratic leaders say they’re prepared to shield Speaker Mike Johnson (R-La.) from a potential conservative coup within his own ranks, an unprecedented vow that inflamed one of his most outspoken GOP critics Tuesday. “If the Democrats want ...The Hill - Politics -
Dropbox Reports Cyberattack on Dropbox Sign Product
Dropbox said Wednesday that certain user data had been accessed in a cyber breach in its Dropbox Sign product.The Wall Street Journal - World -
5/1: The Daily Report with John Dickerson
John Dickerson reports on the status of pro-Palestinian protests on college campuses, a strict abortion ban becoming law in Florida, and the impact of another round of student debt relief from the Biden administration.CBS News - Top stories -
Almost 40% of local election officials surveyed report threats or abuse, says a new report
Almost 40% of local election officials surveyed report threats or abuse and 54% worry about the safety of colleagues, says a new report by the Brennan Center.NBC News - Top stories -
Almost 40% of local election officials surveyed report threats or abuse, says a new report
Almost 40% of local election officials surveyed report threats or abuse and 54% worry about the safety of colleagues, says a new report by the Brennan Center.NBC News - Politics -
Cannabis stocks rally after report that DEA will reclassify drug as less dangerous
Cannabis stocks were up sharply on Tuesday on a report by the Associated Press that the U.S. Drug Enforcement Administration is poised to propose moving cannabis to a Schedule III controlled substance.MarketWatch - Business -
Schemes targeting seniors account for $3.4 billion in reported losses, FBI says
Reports of elder fraud crimes increased by 14% in 2023, according to a new federal report.CBS News - Politics -
Stop children using smartphones until they are 13, says French report
Children should be banned from most social media until 18 amid attempts to ‘monetise’ them, says Macron-commissioned study. Children should not be allowed to use smartphones until they are 13 and should be banned from accessing conventional social ...The Guardian - World -
Disclosures of U.S. Identities in Spy Reports Nearly Tripled Last Year
Increase was largely because of efforts to combat foreign hackers targeting critical American infrastructure.The Wall Street Journal - World -
Trump Calls for Release of Wall Street Journal Reporter Evan Gershkovich
“I think he’s a very brave young man,” the former president said.The Wall Street Journal - World - Donald Trump -
Amazon Reports $143.3 Billion in Revenue for First Quarter of 2024
The company also reported that profit more than tripled, to $10.4 billion, topping Wall Street expectations.The New York Times - Tech -
Cubs' top prospect Cade Horton promoted to Triple-A, report says
The Chicago Cubs are wasting no time in moving pitcher Cade Horton up their minor league ladder, reportedly promoting him to Triple-A Iowa.Yahoo Sports - Sports -
AMD reports strong Q1 data center revenue offset by weak gaming
Advanced Micro Devices reported strong data center revenue that grew 80% in the first quarter ended March 31, but gaming revenue fell 48%.VentureBeat - Tech -
Evening Report — Trump hush money trial resumes in NYC
A quick recap of the day and what to look forward to tomorrow {beacon} Evening Report © AP Week 3 of Trump's hush money trial: Testimony resumed Tuesday in former President Trump's criminal trial over accusations that he paid adult film ...The Hill - Politics - Donald Trump -
Tesla shares fall amid reports that Supercharger unit slashed
Tesla Inc. shares dropped Tuesday after the electric-vehicle maker reportedly cut hundreds of more jobs, including its entire Supercharger unit.MarketWatch - Business - Tesla -
N.S.A. Disclosure of U.S. Identities in Surveillance Reports Nearly Tripled in 2023
The sharp increase of so-called unmaskings, to more than 31,300 times, arose from attempts by foreign hackers to infiltrate the computer systems of critical infrastructure.The New York Times - Top stories