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Monthly Archives: July 2023

TikTok’s latest venture: subscription-based music streaming

With a billion users, TikTok has rapidly become one of the most important players in the music industry, and now has its sights set on revolutionising the way artists are discovered and get paid. Tolga Akmen | Afp | Getty Images TikTok recently launched a new rival to music-streaming giants …

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Mad Money’s Jim Cramer talks modern day tech and traditional antitrust laws

Increased antitrust scrutiny against Big Tech companies is making us carefully examine the Justice Department’s lawsuit against Alphabet (GOOGL) and the potential implications for this Club holding and other mega-caps. Jim Cramer Monday spoke with Jonathan Kanter, assistant attorney general for the Antitrust Division at the Department of Justice, in …

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Americans have big number goals for salary, retirement

Eyecrave Productions | E+ | Getty Images When it comes to living and retiring comfortably, Americans have some big numbers in mind for what they will need. Blame high inflation, which peaked at a rate of 9.1% over the preceding 12 months in June 2022, according to consumer price index …

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Elon Musk risks more damage to Twitter business after name change to X

Elon Musk has long been enamored with the letter X. Now, he’s killing off the Twitter brand and the iconic blue bird in favor of X as part of an effort to turn his $44 billion acquisition into something that’s genuinely his. related investing news Musk’s vision for X is …

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‘Oppenheimer’ pushes Army to warn of long lines at Trinity site

A photograph of the 16 July 1945 first atomic bomb test is displayed along a fence at Ground Zero at Trinity Site, at the White Sands Missile Range in New Mexico 05 July 2005. The crater which the blast created has long since been filled it, leaving only a modest …

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IRS halts most unannounced visits to taxpayers from revenue officers

IRS Commissioner Danny Werfel speaks at a Senate Finance Committee hearing in Washington, D.C., on April 19, 2023. Al Drago | Bloomberg | Getty Images The IRS on Monday ended its controversial practice of unannounced visits to homes or businesses from agency revenue officers for most taxpayers. Part of a …

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Stocks making the biggest moves midday: AMC, MAT, CVX, SPOT

The AMC Empire 25 off Times Square is open as New York City’s cinemas reopen for the first time in a year following the coronavirus shutdown, on March 5, 2021. Angela Weiss | AFP | Getty Images Check out the companies making headlines in midday trading. AMC Entertainment — Shares …

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Interns, college students are using virtual reality to learn office skills

Some skills are best studied in a classroom; some are best taught on the job. Still others might be best learned with goggles on, in the metaverse. College classes and internship programs are employing VR headsets to teach students and early talent the ropes of an office environment. “By giving …

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China vows to optimize property policy in torturous economic recovery

China’s top leaders vowed to “adjust and optimize policies in a timely manner” for its beleaguered property sector, while elevating stable employment to a strategic goal, along with other pledges to boost domestic consumption demand and resolve local debt risks. Ullstein Bild | Ullstein Bild | Getty Images China’s top …

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Kids who read for pleasure are better test takers

Kids who read for pleasure 12 hours per week perform better on cognitive tests and have better mental health, according to a recently published study in Psychological Medicine. Researchers from the University of Cambridge and Fudan University looked at data from the Adolescent Brain Cognitive Development Study, a long-running project …

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