BUSINESS

TikTok Deadline Extension: Trump Signs Executive Order

In a surprising twist, the TikTok deadline extension has given the popular social media platform a lifeline amid ongoing negotiations for its future in the U.S.Just hours from potentially facing a ban, President Trump announced an executive order that grants TikTok an additional 75 days to finalize a deal amidst the backdrop of national security concerns.

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OpenAI for-profit transition: Coalition urges halt

The recent push by OpenAI for a for-profit transition has sparked significant debate and concern among various stakeholders, particularly within California’s nonprofit sector.A coalition of community-based organizations, including LatinoProsperity and the San Francisco Foundation, has urged the state’s attorney general to intervene in OpenAI’s shift from a nonprofit to a for-profit model.

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Tech Companies Stock Rebound After Tariffs Announcement

The recent tech companies stock rebound has sparked renewed interest among investors, with major players like Apple and Alphabet showcasing notable gains.Following the Trump administration’s decision to exempt electronics, including smartphones and semiconductors, from reciprocal tariffs, stocks have surged, with Apple witnessing a 2% increase to $202.52.

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