In a recent development, former President Donald Trump has requested the US Supreme Court to delay a legislative deadline that would require the sale or ban of TikTok until he is sworn in as president in 2025. The legislation, aimed at addressing national security concerns related to the Chinese-owned app, mandates ByteDance to divest TikTok by January 19, 2025, or face a potential ban. Trump’s request seeks to allow his incoming administration to negotiate a “political resolution” to save the app, despite his previous efforts to block it during his presidency.
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Is CrowdStrike a Buy a Year After the Big IT Outage?
CrowdStrike (NASDAQ: CRWD) faced significant challenges a year ago due to a faulty software update that caused a major IT outage, costing U.S. Fortune 500 companies over $5 billion. Despite this setback, the company has achieved double-digit revenue growth and maintained strong customer relationships, leading to a stock increase of over 50% since the incident. Want More Context? 🔎
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