Divestment
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After US, Campus Protests Spread To Mexico, Canada And France Over Gaza War
After a wave of pro-Palestine protests and encampments enveloped several US colleges, students and faculty members in Mexico, Canada, France, and other countries are now urging their institutions to divest
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TikTok Ban Looms as President Biden Signs Law With 270-Day Sale Deadline
For TikTok, the clock has started running in its existential fight to avoid a US ban. Legislation requiring the social media app’s Chinese owners to divest sailed through Congress, capped by Senate passage late Tuesday as part of a larger foreign-aid package. President Joe Biden signed into law Wednesday, beginning a 270-day countdown for a sale ...
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Explained: Why US Government Is Trying To Ban TikTok
The U.S. House of Representatives passed a bill on Saturday that would give TikTok's Chinese owner ByteDance about a year to divest the U.S. assets of the short-video app, or face a nationwide ban.
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US House Votes To Ban TikTok If It Doesn't Cut Ties To China
The US House of Representatives on Saturday passed a bill that would force TikTok to divest from its Chinese parent company ByteDance or face a nationwide ban in the United States, where it has around 170 million users.
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Trump Campaign Donor's $15-Billion TikTok Fortune At Stake Over Ban Bill
As some of the harshest Republican critics of TikTok soften their stance on the China-backed social media app, one billionaire donor's name is ricocheting around Washington.
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US House Passes Bill To Force TikTok Parent ByteDance To Divest Or Face Ban
The US House of Representatives overwhelmingly approved a bill on Wednesday that would force Tiktok to divest from its Chinese owner or get banned from the United States.
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President Withholds Assent To Bill Replacing Kerala Governor As Chancellor, 2 Others
President Droupadi Murmu has withheld assent to three university bills passed by the state legislature, including one aimed at divesting Kerala Governor Arif Mohammed Khan from the position of Chancellor of Universities, an official statement said.
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AAP Minister Loses Law Portfolio Day After Delhi Lt Governor Recalls Files
Kailash Gahlot was divested of the Law and Justice portfolio in the AAP government on Friday, a day after LG V K Saxena recalled files related to judicial infrastructure and administration in the city as they remained pending with him for months,
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West Bengal Minister Manas Ranjan Bhunia Divested Of Environment Portolio
West Bengal Chief Minister Mamata Banerjee on Thursday divested senior minister Manas Ranjan Bhunia of the Environment portfolio and took over the charge of the department, a senior official said.
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Meta Sells Giphy to Shutterstock for $53 Million to Comply With UK Regulator Order
Shutterstock said on Tuesday it would buy animated-images platform Giphy from Meta Platforms for $53 million (roughly Rs. 438 crore) in cash, months after the Facebook owner had agreed to divest the company on competition concerns.
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UK Set to Announce Ban on TikTok on Government Smartphones: Report
TikTok is set to be banned on government phones in the UK on Thursday, according to a PA Media report. Countries around the world have increased scrutiny of TikTok over concerns that the personal data of users could end up in the control of the Chinese government. The UK government is expected to make a statement on the security of its devices on T...
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TikTok Ban Possible if Chinese Owners Refuse to Sell Stake, Biden Administration Warns
TikTok's Chinese owners must divest their stakes in the wildly popular social media app or face a potential ban in the US, according to the Biden administration. US officials and legislators have raised fears that TikTok's US user data, comprising information of over 100 million users, could be passed on to China's government.
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Centre Not Crazy To Rush Out To Sell Everything: Minister On Disinvestment
Union Finance Minister Nirmala Sitharaman on Saturday said the government is not crazy to rush out to sell everything and the Opposition fully understands the meaning of divestment but would still say "you are selling that off".
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IBM Cuts 3,900 Jobs In Latest Tech Layoffs
IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter.
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Union Budget 2023: Government May Take Conservative Path To Divestments
The government had set a disinvestment target of Rs 65,000 crore for the fiscal year 2022-23. However, it failed to meet the target and could raise only Rs 31,106.4 crore. All eyes are now on the Union Budget 2023 to know the government's divestment plans for the next fiscal and how it will utilise its stakes in public sector undertakings.
-
After US, Campus Protests Spread To Mexico, Canada And France Over Gaza War
After a wave of pro-Palestine protests and encampments enveloped several US colleges, students and faculty members in Mexico, Canada, France, and other countries are now urging their institutions to divest
-
TikTok Ban Looms as President Biden Signs Law With 270-Day Sale Deadline
For TikTok, the clock has started running in its existential fight to avoid a US ban. Legislation requiring the social media app’s Chinese owners to divest sailed through Congress, capped by Senate passage late Tuesday as part of a larger foreign-aid package. President Joe Biden signed into law Wednesday, beginning a 270-day countdown for a sale ...
-
Explained: Why US Government Is Trying To Ban TikTok
The U.S. House of Representatives passed a bill on Saturday that would give TikTok's Chinese owner ByteDance about a year to divest the U.S. assets of the short-video app, or face a nationwide ban.
-
US House Votes To Ban TikTok If It Doesn't Cut Ties To China
The US House of Representatives on Saturday passed a bill that would force TikTok to divest from its Chinese parent company ByteDance or face a nationwide ban in the United States, where it has around 170 million users.
-
Trump Campaign Donor's $15-Billion TikTok Fortune At Stake Over Ban Bill
As some of the harshest Republican critics of TikTok soften their stance on the China-backed social media app, one billionaire donor's name is ricocheting around Washington.
-
US House Passes Bill To Force TikTok Parent ByteDance To Divest Or Face Ban
The US House of Representatives overwhelmingly approved a bill on Wednesday that would force Tiktok to divest from its Chinese owner or get banned from the United States.
-
President Withholds Assent To Bill Replacing Kerala Governor As Chancellor, 2 Others
President Droupadi Murmu has withheld assent to three university bills passed by the state legislature, including one aimed at divesting Kerala Governor Arif Mohammed Khan from the position of Chancellor of Universities, an official statement said.
-
AAP Minister Loses Law Portfolio Day After Delhi Lt Governor Recalls Files
Kailash Gahlot was divested of the Law and Justice portfolio in the AAP government on Friday, a day after LG V K Saxena recalled files related to judicial infrastructure and administration in the city as they remained pending with him for months,
-
West Bengal Minister Manas Ranjan Bhunia Divested Of Environment Portolio
West Bengal Chief Minister Mamata Banerjee on Thursday divested senior minister Manas Ranjan Bhunia of the Environment portfolio and took over the charge of the department, a senior official said.
-
Meta Sells Giphy to Shutterstock for $53 Million to Comply With UK Regulator Order
Shutterstock said on Tuesday it would buy animated-images platform Giphy from Meta Platforms for $53 million (roughly Rs. 438 crore) in cash, months after the Facebook owner had agreed to divest the company on competition concerns.
-
UK Set to Announce Ban on TikTok on Government Smartphones: Report
TikTok is set to be banned on government phones in the UK on Thursday, according to a PA Media report. Countries around the world have increased scrutiny of TikTok over concerns that the personal data of users could end up in the control of the Chinese government. The UK government is expected to make a statement on the security of its devices on T...
-
TikTok Ban Possible if Chinese Owners Refuse to Sell Stake, Biden Administration Warns
TikTok's Chinese owners must divest their stakes in the wildly popular social media app or face a potential ban in the US, according to the Biden administration. US officials and legislators have raised fears that TikTok's US user data, comprising information of over 100 million users, could be passed on to China's government.
-
Centre Not Crazy To Rush Out To Sell Everything: Minister On Disinvestment
Union Finance Minister Nirmala Sitharaman on Saturday said the government is not crazy to rush out to sell everything and the Opposition fully understands the meaning of divestment but would still say "you are selling that off".
-
IBM Cuts 3,900 Jobs In Latest Tech Layoffs
IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter.
-
Union Budget 2023: Government May Take Conservative Path To Divestments
The government had set a disinvestment target of Rs 65,000 crore for the fiscal year 2022-23. However, it failed to meet the target and could raise only Rs 31,106.4 crore. All eyes are now on the Union Budget 2023 to know the government's divestment plans for the next fiscal and how it will utilise its stakes in public sector undertakings.
