WASHINGTON — The Trump administration is set to receive roughly $10 billion from investors in the recently completed deal to take control of TikTok U.S. operations, The Wall Street Journal reported Friday, citing sources familiar with the matter. Read More: Trump approves $14 billion tiktok US sale plan TikTok’s Chinese parent company, ByteDance, finalized the agreement in January […]
Silicon Valley
Zuckerberg offers noise-canceling headphones to ease construction woes
Meta Chief Executive Officer Mark Zuckerberg has reportedly gifted noise-canceling headphones to neighbors in an effort to ease frustrations caused by years of construction activity at his Palo Alto compound. Read More: Zuckerberg says US pressure on Covid-19 posts was ‘wrong’ Zuckerberg has spent more than $110 million acquiring at least 11 properties in the Crescent […]
Sindh approves Karachi’s first silicon valley-style tech zone in education city
The Sindh government has officially received approval to establish the province’s first Special Technology Zone (STZ) on a 500-acre site in Karachi Education City, located in Gadap. The zone, modeled after Silicon Valley, is expected to become a major center for innovation and technology. Pakistan’s Special Technology Zone Authority granted the approval, marking a significant […]
Jury tells Samsung to pay big for copying iPhone design
A federal court jury on Thursday ordered Samsung to pay Apple $533 million for copying iPhone design features in a patent case dating back seven years. Jurors tacked on an additional $5 million in damages for a pair of patented functions. The award appeared to be a bit of a victory for Apple, which had […]