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Alexis Ohanian Joins Bid To Buy TikTok, Promises 'Revitalized' App Protecting User Data Alexis Ohanian Joins Bid To Buy TikTok, Promises 'Revitalized' App Protecting User Data
Alexis Ohanian Joins Bid To Buy TikTok, Promises 'Revitalized' App Protecting User Data A co-founder of Reddit is looking to get involved with another popular online platform: TikTok. Entrepreneur Alexis Ohanian is joining "The People's Bid for TikTok" as a strategic advisor. Project Liberty, a nonprofit aiming to build a "people-powered internet," announced Ohanian's addition to the bid in a news release on Monday, Mar. 3. Led by billionaire founder Frank McCourt, Project Liberty's bid for TikTok was submitted to the app's parent company ByteDance earlier in 2025. The group aims to rebuild TikTok on a decentralized framework that prioritizes security for its 17…

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by Chris Spiker
Sports
Vince McMahon To Pay $1.7M+ For Hiding Sexual Misconduct Payments From CT-Based WWE Vince McMahon To Pay $1.7M+ For Hiding Sexual Misconduct Payments From CT-Based WWE
Vince McMahon To Pay $1.7M+ For Hiding Sexual Misconduct Payments From Ct-based WWE World Wrestling Entertainment founder Vince McMahon will pay more than $1.7 million after he was accused of not disclosing payment agreements related to sexual misconduct with two women, officials said. McMahon, WWE's former executive chairman and CEO, reached the agreement related to charges from the Securities and Exchange Commission, the federal agency said in a news release on Friday, Jan. 10. The SEC said McMahon concealed the "hush money" payments, creating discrepancies in WWE's financial reports. McMahon agreed to pay a $400,000 civil penalty and reimburse $1,330…

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by Chris Spiker
News
Manhattan's Top Federal Prosecutor To Resign Before Trump Presidency Manhattan's Top Federal Prosecutor To Resign Before Trump Presidency
Manhattan's Top Federal Prosecutor To Resign Before Trump Presidency US Attorney Damian Williams, who has overseen high-profile cases in the Southern District of New York, has announced his resignation, a move that comes ahead of President-elect Donald Trump’s second term and the expected nomination of his successor.  Williams’ resignation will take effect at 11:59 p.m. on Friday, Dec. 13, 2024, according to a statement from his office on Monday, Nov. 25.  The resignation comes as President-elect Trump has announced plans to nominate Jay Clayton, a former Securities and Exchange Commission Chairman under Trump’s first administration, to lead the of…

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by Ben Crnic
News
$1B Scheme: Pair Of CEOs, Including Manhasset Man, Defrauded 10K Investors, Jury Finds $1B Scheme: Pair Of CEOs, Including Manhasset Man, Defrauded 10K Investors, Jury Finds
$1B Scheme: Pair Of CEOs, Including Manhasset Man, Defrauded 10K Investors, Jury Finds A New York resident was one of two CEOs convicted in federal court of a $1 billion fraud scheme involving thousands of investors. Long Island resident David Gentile, age 57, of Manhasset, and Jeffry Schneider, age 55, of Austin, Texas, were found guilty in federal court on all counts of an indictment charging them with conspiracy to commit securities fraud, conspiracy to commit wire fraud, and securities fraud. Gentile, the owner and CEO of GPB Capital Holdings, was also convicted on two counts of wire fraud. The verdict came after an eight-week trial. When sentenced on Thursd…

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by Joe Lombardi