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- TikTok's Future in Limbo Under Trump Presidency.
TikTok's Future in Limbo Under Trump Presidency.
PLUS: As Trump opposes a TikTok ban yet champions rivals like Meta, ByteDance faces a critical January divestiture deadline amid uncertain policy shifts.
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X Corp. Joins Infowars Bankruptcy Case Amid Auction Concerns.
Black Friday Deals May Not Always Offer the Best Savings.
Today in AI & Tech
Bills Halt Chiefs' Undefeated Run with Dominant Win.
and more…
BUSINESS
Ford faces $165M fine over recall violations, and quality issues persist.
Ford Motor Company will pay $165 million, the second-largest auto penalty in NHTSA's history, for failing to meet federal recall requirements. The fine relates to inaccuracies and delays in handling defective rollover safety cameras, affecting models like the F-150 and Explorer. Ford, under a three-year consent decree, will work with an independent overseer. Despite progress in quality rankings, recent warranty and quality-control issues have weighed on the company’s performance, with CEO Jim Farley emphasizing ongoing improvements.
X Corp. Joins Infowars Bankruptcy Case Amid Auction Concerns.
X Corp., Elon Musk's company managing Twitter, filed a notice in Alex Jones' Infowars bankruptcy case. Concerns about the transparency of Infowars' auction, won by The Onion and Sandy Hook families, prompted the judge to call for a new hearing. Infowars faces bankruptcy after Jones' $1.5 billion defamation liability to Sandy Hook families. The filing does not reveal X Corp.'s intent, but it reserves its rights as an interested party while Infowars remains active on X during its uncertain future.
Black Friday Deals May Not Always Offer the Best Savings.
Despite the Thanksgiving to Cyber Monday period being a major shopping event, consumers may not see the best prices of the season. WalletHub reports that 35% of Black Friday deals at major retailers offer no savings compared to earlier prices. Experts warn that inflated original prices can make discounts seem better than they are. With a shorter holiday shopping season in 2024, retailers are expected to heavily promote sales throughout November, potentially limiting significant discounts during the Black Friday window.
GM Cuts 1,000 Jobs Amid Cost-Cutting and Restructuring Efforts.
General Motors laid off about 1,000 employees, primarily at its technical center in Warren, Michigan, as part of cost-cutting and priority realignment efforts amid changing market dynamics. Some layoffs were performance-related, while others stemmed from a broader organizational review. A GM spokesperson emphasized the need for efficiency and focus on key business priorities in a competitive market. These layoffs follow a prior reduction of over 1,000 software and services employees in August.
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TECH
Today in AI & Tech
Biden and Xi Agree on Human Oversight for Nuclear Decisions.
U.S. President Joe Biden and Chinese President Xi Jinping agreed that human control, not artificial intelligence, should govern decisions on nuclear weapon use, emphasizing the need for cautious AI development in military contexts. This unprecedented step highlights shared concerns about nuclear and AI risks, though concrete follow-up remains uncertain amid stalled nuclear arms talks and broader tensions.
Microsoft’s Persistent Push for Edge Raises User Frustration
Microsoft Edge, deeply integrated with Windows and featuring AI assistant Copilot, has become central to Microsoft’s ecosystem. However, aggressive tactics—like automatic launches, persistent prompts, and default data imports—have left users feeling pressured rather than persuaded. While Microsoft claims to offer choice, the relentless approach risks alienating users instead of showcasing Edge’s merits.
AI Revolutionizes Fixed Asset Management.
Artificial intelligence is transforming fixed asset management by automating processes, improving decision-making, and enhancing operational efficiency. AI-driven software leverages predictive analytics, IoT, and machine learning to optimize asset utilization, reduce costs, and ensure compliance. Businesses are benefiting from streamlined workflows, proactive asset maintenance, and personalized client experiences, paving the way for smarter and scalable asset management solutions. The future promises even greater integration of AI for elevated decision-making, automation, and customer satisfaction.
Other
Donald Trump's spontaneous rally dance from October has sparked a wave of mimicry in the sports world. NFL players like Nick Bosa and Za’Darius Smith, along with UFC champion Jon Jones, have imitated his moves in celebrations. Trump's presence at high-profile events and his reelection have amplified the trend, turning a political moment into a cultural phenomenon.
Bills Halt Chiefs' Undefeated Run with Dominant Win
The Buffalo Bills ended the Kansas City Chiefs' undefeated streak with a 30-21 victory, led by Josh Allen’s late touchdown and balanced offense. Allen threw for 262 yards and added 55 rushing yards, outpacing Kansas City’s defense. The Chiefs' Patrick Mahomes struggled, throwing two interceptions, including a late-game pick that sealed Buffalo’s win. This marked Kansas City’s first loss in 328 days, as the Bills controlled the game with effective ball management and key third-down conversions.
Steelers Hold Off Ravens with Late Defensive Stop.
The Pittsburgh Steelers contained Lamar Jackson and the Baltimore Ravens' offense, securing an 18-16 win in Week 11. Jackson's final attempt at a two-point conversion fell short under pressure. The Steelers' defense limited Jackson to season-low stats and kept Derrick Henry to 65 rushing yards, forcing Baltimore into costly penalties and missed field goals that sealed Pittsburgh’s eighth win in nine games against the Ravens.
TikTok Faces Uncertainty Amid Trump’s Presidency
Tech leaders like Tim Cook and Mark Zuckerberg welcomed President-elect Trump, but TikTok CEO Shou Zi Chew remained silent. TikTok faces a potential U.S. ban under a January ByteDance divestiture deadline set by President Biden. Trump has shown mixed views on the app, opposing a ban during his campaign but potentially favoring Meta rivals like TikTok. Experts suggest Trump might leverage selective enforcement or policy changes. TikTok’s future hangs on Trump’s unpredictable stance, as the app remains a significant platform for his influence.
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