Canada Orders Shutdown of TikTok’s Business in Country Over Security Risks

Canada on Wednesday ordered Chinese-owned TikTok’s business in the country to be dissolved, citing national-security risks, but added the government was not blocking Canadians’ access to the short-video app or their ability to create content. “The government is taking action to address the specific national security risks related to ByteDance‘s operations in Canada through the […]

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Meta Warns of Worsening AI Losses After Sales Narrowly Beat

Meta Platforms Inc. CEO Mark Zuckerberg will ramp up heavy investments in AI and other futuristic technologies, continuing a years-long tug-of-war between the company’s long-term bets and the core advertising business that provides the vast majority of Meta’s revenue. Zuckerberg warned investors Wednesday that Meta will continue to spend significantly on infrastructure and other projects […]

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