Julia Shapero

Julia Shapero

What happens next to TikTok

Welcome to The Hill's Technology newsletter {beacon}   Technology Technology   The Big Story What happens next to TikTok President Biden signed a bill Wednesday that could lead to a ban on TikTok, but the video-sharing app won’t be cut off from its millions of American users just yet. © AP Photo/Kiichiro Sato The bill moved...

Biden administration cracks down on junk fees in air travel

The Biden administration finalized rules on Wednesday requiring airlines to automatically refund passengers for canceled or significantly delayed flights and to share baggage, change, or cancellation fees upfront. “Passengers deserve to know upfront what costs they are facing and should get their money back when an airline owes them - without having to ask,” Transportation Secretary Pete...

Tesla reports 9 percent dip in first quarter revenue

Tesla saw a 9 percent year-over-year decline in first-quarter revenue, the electric vehicle company said Tuesday. The drop in revenue, Tesla’s largest since 2012, comes as the EV firm faces falling sales and growing competition. Tesla slashed the price of three of its best-selling vehicles – the Model X, Model Y and Model S –...

Trump social media company defies expectations in stock market debut

The parent company of former President Trump’s Truth Social platform defied expectations in its first week on the stock market. Trump Media & Technology Group stock closed at roughly $62 per share Thursday after a whipsaw week of trading. Shares of Digital World Acquistion Corp. (DWAC), the "blank check" company that Trump Media merged with...

Supreme Court weighs in on social media blocking 

Welcome to The Hill's Technology newsletter {beacon}   Technology Technology   The Big Story Supreme Court weighs in on social media blocking In a unanimous decision Friday, the Supreme Court clarified when public officials can block critical constituents from their personal profiles without violating their constitutional protections. © AP Photo/Jacquelyn Martin After hearing appeals of...

5 things to know about the economy under Biden

President Biden is struggling to turn around his economic approval ratings as he heads closer to a likely rematch with former President Trump. Even as a record-breaking job market and lower inflation lift American confidence in the economy, Biden is getting little credit for that recovery, according to recent polling. A little over a...

Musk sues OpenAI, its CEO

Welcome to The Hill's Technology newsletter {beacon} Technology Technology   The Big Story Musk sues OpenAI, Altman for breach of contract Elon Musk sued OpenAI and its CEO Sam Altman Thursday, accusing the ChatGPT maker of breach of contract for failing to adhere to its original mission to develop artificial general intelligence (AGI) for the...