By Ted Hesson WASHINGTON (Reuters) -U.S. President-elect Donald Trump aims to deport all immigrants in the U.S. illegally over his four-year term but wants a deal to protect so-called “Dreamer” immigrants, he said in an interview that aired on Sunday on NBC News’ “Meet the Press with Kristen Welker.” Trump also said he plans to…
By Seher Dareen (Reuters) – American content creators on TikTok asked followers to subscribe to their channels on rival platforms like Meta-owned Instagram and Alphabet’s YouTube after a federal appeals court ruled that the social media app could be banned if it is not sold to a U.S.-based company by Jan. 19. TikTok has become…
WASHINGTON (Reuters) – Two U.S senators have asked the Federal Trade Commission and Justice Department to investigate online betting platforms DraftKings and FanDuel over concerns they are coordinating against competitors. In a letter dated Dec. 5, Republican Senator Mike Lee and Democratic Senator Peter Welch asked for an investigation following reports that the two companies…
By Tim Reid and Jason Lange WASHINGTON (Reuters) – Elon Musk spent over a quarter of a billion dollars to help Donald Trump win November’s presidential election, according to new filings, underscoring the influence one of the world’s wealthiest people had on this year’s White House race. The billionaire owner of electric car maker Tesla…
By Pete Schroeder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday warned it was “crucial” that a panel charged with monitoring financial risks be able to continue its work as worries grow President-elect Donald Trump’s administration will again weaken the body. Speaking at Friday’s Financial Stability Oversight Council (FSOC) meeting, the last of…
(Reuters) – Goldman Sachs is exploring options, including a potential sale, for its ETF Accelerator platform designed to help the bank’s institutional clients launch their own exchange-traded funds, a source familiar with the matter told Reuters on Friday. This platform is separate from the ETF business of Goldman Sachs’ asset management arm, the source said,…
(Reuters) – Apple is preparing to launch its long-awaited series of cellular modem chips next year, which will replace components from longtime partner Qualcomm, Bloomberg News reported on Friday. The iPhone maker is looking to ultimately overtake Qualcomm’s technology by 2027, the report said, citing people familiar with the matter. Qualcomm, a leading designer of…
By Siddharth Cavale NEW YORK (Reuters) -Walmart Inc, Amazon.com and fast-growing e-commerce sites Shein and PDD Holding’s Temu saw record-breaking sales on Black Friday and Cyber Monday, according to spending data, suggesting that they may finish the holiday season on a much stronger note than Target and Best Buy, which struggled. Holiday shoppers largely browsed…
(Reuters) – Meta Platforms said on Thursday it has partnered with film director James Cameron’s technology venture Lightstorm Vision to enhance the creation of 3D entertainment, including live sports, concerts and TV series, for the Meta Quest. The Quest headset will be Lightstorm Vision’s exclusive mixed reality hardware platform, the Facebook-parent said. The partnership underscores…
By Andy Sullivan, David Morgan and Richard Cowan WASHINGTON -Billionaire Elon Musk and former presidential candidate Vivek Ramaswamy met on Thursday with Republican lawmakers whose support they will need to win the sweeping spending cuts that President-elect Donald Trump has asked them to find. Trump has named two entrepreneurs to a task force that aims…
