Breitbart Business Digest: Good News Is Bad News in Biden's Economy


by Breitbart

Breitbart— As is so often the case with Bidenomics, even good news is bad news because of the upward inflationary pressure.

TechCrunch—Good news for Rubrik, bad news for TikTok and medium news for early-stage startups. Rubrik’s strong IPO pricing and warm reception by the public markets after its listing add more weight to the perspective that the public markets are not as closed to tech startups as some thought. If Rubrik’s result isn’t enough to break the logjam, well, maybe there’s something else going on. But there was a lot more that […] © 2024 TechCrunch. All rights reserved. For personal use only.

MSNBC—U.S. officials warn TikTok is a ‘threat’ to security. So why hasn’t Biden’s campaign logged off for good?. President Joe Biden signed a bill Wednesday that could lead to a ban on TikTok, the popular social media app that U.S. lawmakers have said is susceptible to data manipulation by the Chinese Communist Party — and a platform that Biden's own re-election campaign is using to reach young voters. The bill gives TikTok's China-based parent company, ByteDance, up to one year to sell the app or be banned from the U.S. Yet despite the looming court fight over ByteDance's divestment and the persistent...

CNBC—Tesla’s entry into India’s EV market will be 'good news’ for the country, says MG Motor India. India's EV sector still lacks competition, but entry from international automakers like Tesla will level the playing field, MG Motor India's CEO Emeritus.