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August 1, 2025
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Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions
  • Hong Kong News

Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions

Cs news3 months ago08 mins

The expansion of the loophole for tariff-free shipments of goods nearly a decade ago gave rise to Temu, Shein and other low-cost online retailers offering items straight from Chinese factories at unfathomable discounts. It also unleashed something else — a cascade of billions of dollars of digital advertising that provided a windfall for Meta, Alphabet…

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Under Trump, Billionaire Climate Champions Have Gone Quiet
  • Celebrity

Under Trump, Billionaire Climate Champions Have Gone Quiet

Cs news6 months ago6 months ago014 mins

Over the last decade or so, a group of America’s wealthiest individuals, largely from the tech industry, became some of the world’s biggest climate champions, pledging billions in highly public campaigns. Jeff Bezos, the founder of Amazon, committed $10 billion of his own money in 2020 to start the Bezos Earth Fund, a charity focused…

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Instagram Debuts New Video-Editing App, as TikTok Deals With a Ban
  • Technology

Instagram Debuts New Video-Editing App, as TikTok Deals With a Ban

Cs news6 months ago06 mins

For months, Instagram has watched and waited to see what would happen to rival TikTok under a new federal law that would ban the app in the United States. On Sunday, the day that law took effect, Instagram pounced. The social media app, which is owned by Meta, announced a new app called Edits, a…

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