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Wednesday, jun 17
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Forbes
News
TikTok Ban In US Delayed, Trump Claims Tariffs Help Negotiations Despite Crashing Markets
TikTok will stay online in the US until at least the middle of June after a federal ban on the popular video app was delayed again. President Donald Trump said he'll sign an executive order to extend a 75-day delay on enforcing the ban. The order comes just one day before the app could have been shut down in the US under the divest-or-ban law. Trump, who once supported a TikTok ban, made the announcement on his social media platform Truth Social on Friday, April 4. "My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress," the Presid…
News
YouTube Shorts Launches New Editing Tools As TikTok Ban Deadline Looms
YouTube is unveiling new creation tools on its shorter video platform that directly competes with TikTok, which faces another potential US ban. Five features are coming to YouTube Shorts later in the spring, YouTube said in a blog post on Thursday, April 3. The announcement was made just two days before a federal deadline that could pull TikTok from app stores. The new YouTube Shorts features include beat-synced editing, image and artificial intelligence-generated stickers, upgraded templates, and a redesigned video editor. "Say hello to the new and improved video editor, which has be…
Business
Amazon Tries To Buy TikTok Days Before Possible US Ban: Report
Amazon has made a surprise, last-minute offer to buy TikTok's US business, just days before a federal deadline that could pull the app from hundreds of millions of phones, according to a report. The online retail giant's push to buy the popular video app was first reported by the New York Times on Wednesday, April 2. The proposal comes as TikTok faces a potential ban unless its Chinese parent company ByteDance finds a US-based buyer by Saturday, April 5. The offer was sent in a letter addressed to Vice President JD Vance and Commerce Secretary Howard Lutnick, a person briefed on t…
News
Thermal Scientist From New Jersey Makes Forbes' 30 Under 30
Forbes has released its prestigious "30 Under 30" list for 2024. On it is Drew Lilley, a 28-year-old Chatham native and UPenn grad. Lilley, a thermal scientist, CEO, and co-founder of Calion Technologies, made the Energy category. "Lilley founded Calion Technologies to commercialize his doctoral research on ionocaloric heating and cooling for zero-emission refrigeration," Fobres writes. "Ionocaloric refrigeration is an alternative to traditional vapor-compression technology, which has dominated cooling and heat pumping for over a century but accounts for a lot of CO2 emissions. Cali…
Business
Forbes Ranks Penn Medicine Among 'America's Best Large Employers'
Forbes has compiled a list of the best large companies to work for in America, and one is in Pennsylvania. The list was compiled as a partner project with market research firm Statista. Forbes and Satista surveyed about 450,000 workers at US companies with at least 5,000 employees. They were asked if they'd recommend their employers to friends or family, and rate them on a scale from 0 to 10, Forbes explains. The results reflect the companies that were most highly recommended by their employees. Penn Medicine is ranked at number 30, and employs more than 44,200 individuals. The healthcare…
Lifestyle
Bergen County Gymnast Livvy Dunne Is TikTok Millionaire
Hard work is paying off for Bergen County gymnast Livvy Dunne. Days after her 20th birthday, the Louisiana State University athlete was ranked the most successful female Name, Image and Likeness (NIL) moneymaker by On3 Sports, with an estimated worth of $2.3 million. Pretty flippin' cool, right? @livvy Obsessed @lsugymtigers #foryou #gymnastics #lsu #fakebody ♬ original sound - gigi The Hillsdale native has been ramping up her social media presence ever since the NCAA lifted its NIL restrictions in 2021 — allowing college athletes to profit off of themselves. According to For…
News
Nine Pennsylvania Residents Named To Forbes List Of Richest In America
Nine Pennsylvania residents were named to the 2022 Forbes list of the 400 richest people in America. The nation's wealthiest citizens are worth $4 trillion — $500 billion less than last year, Forbes said. The minimum net worth required to make the list also fell for the first time since the Great Recession, by $200 million, to $2.7 billion. The wealthiest man in the country is Elon Musk, who is worth $251 billion, and the second wealthiest is Jeff Bezos, who is worth $151 billion. Fortunes were calculated on Sept. 2 using stock prices and exchange rates. The Pennsylvanians…
News
Jeff Bezos' Ex-Wife Donates $1.5 Mil To PA Nonprofit
Jeff Bezos' ex-wife MacKenzie Scott— a philanthropist and novelist— has donated $1.5 million to an organization based in central Pennsylvania, according to a release by the recipient. The donation was made to Communities In Schools of Pennsylvania, which currently serves 12,000 students in 21 schools, according to the release. The donation is part of a larger gift of $133.5 million donated to 40 affiliate groups of Communities In Schools national, reports CNN. “This is the largest, and most inspiring, donation in the history of our organization. These funds will allow us t…
Lifestyle
PA Company Ranks #1 On Forbes' 'World's Top Female-Friendly Company' List
The Keystone State may hold the key to making workplaces “female-friendly” according to a new list by Forbes with the assistance of Statista. In Forbes’ first ever list of it’s kind 85,000 women in 40 countries were surveyed about pay equity, parental leave as well as how companies handle marketing. For example, Statista also asked if the marking promotes “gender equality or perpetuates negative stereotypes?” Representation of women on company boards and at the executive level was also factored into the report but out of 300 companies, only 20 had female executives. In the sweet number …
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