Business

The United States is set to oversee TikTok's algorithm following the acquisition of the app's US operations, a move that will see Oracle spearheading data and privacy efforts, while American representatives will occupy six of the seven board seats.

The families of three minors have initiated legal proceedings against Character Technologies, Inc., the creator of Character.AI, claiming that their children either died by suicide or attempted it following interactions with the company's chatbots. The lawsuit also targets Google, accusing it of failing to safeguard their teenagers through its Family Link application.

The unemployment rate for Black workers has climbed to 7.5% in August, marking its highest point since October 2021. This increase is seen as a potential indicator of an economic downturn, with significant repercussions for Black communities and small businesses reliant on Black consumer spending.

Professional tennis player Sachia Vickery has turned to OnlyFans to generate additional income during her recovery from a shoulder injury, achieving six-figure earnings within the initial three months.

Target CEO Brian Cornell is stepping down after 11 years at the helm, amidst declining sales and criticism over the company's rollback of diversity, equity, and inclusion initiatives. Michael Fiddelke, currently the Chief Operating Officer, will assume the role on February 1, 2026.

Home Depot has disclosed plans to raise prices on certain products in response to increased tariff costs, as economic uncertainty and elevated interest rates have contributed to a marginal decline in net income.

The Trump administration is evaluating a potential investment in Intel to enhance domestic chip production and decrease dependency on Taiwan, with differing perspectives from Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick regarding the investment's objectives.

Japan's SoftBank has announced a substantial investment of $2 billion into Intel, a move aimed at revitalizing the American chipmaker amid its recent struggles. Concurrently, the White House is contemplating acquiring a 10% stake in Intel, a decision that could signify governmental support for the company's turnaround efforts.

MSNBC is undergoing a significant transformation as it separates from NBC News and rebrands as MS NOW. This change includes a new logo and a renewed mission to establish itself as a premier source for breaking news and opinion journalism.

Newsmax has reached a $67 million settlement with Dominion Voting Systems, resolving a defamation lawsuit stemming from false claims about the 2020 presidential election.