Category: Ban

  • Kevin O’leary joins billionaire’s bid to buy TikTok as US ban deadline nears

    Kevin O’Leary, famous for his role as “Mr. Terrific” on US series Shark Tank, has revealed plans to join billionaire Frank McCourt’s consortium in a high-stakes effort to take over TikTok. The move comes amid mounting pressure on the Chinese-owned video platform, which could be banned in the US if…

  • Biden to Ban New Oil Drilling Over Vast Stretch of US Atlantic, Pacific Waters

    Breadcrumb links PMN works President Joe Biden is set to order a ban on new offshore oil and gas development across about 625 million acres of U.S. coastal land, ruling out the sale of drilling rights in Atlantic and Pacific waters as well as the eastern Gulf of Mexico. Article…

  • Russia To Ban Crypto Mining In Key Regions Starting 2025

    According to local reports, the Russian government will ban cryptocurrency mining activities in ten major regions following the recent passing of new laws related to the industry. It will also implement seasonal bans on other regions and may add more regions to the list amid the ongoing electrical crisis in…

  • Many Americans have come to rely on Chinese-made drones. Now lawmakers want to ban them

    Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Didi Tang Published Dec 23, 2024  •  8 minute read You can save this article by registering for free here. Or sign-in if you have an account. Article content WASHINGTON (AP) — Russell Hedrick, a North Carolina…

  • China May Be On the Verge of Ending Its Bitcoin Ban

    Look, I think it’s only a matter of time before China does a complete 180 on its Bitcoin ban. Yes, they banned trading and mining in 2021, but honestly, a lot has changed since then – especially this year. Bitcoin’s momentum globally has been crazy. We have seen US President-elect…

  • TikTok appeals to US Supreme Court in last-ditch attempt to halt forced sell-off or ban

    TikTok has filed a final appeal with the US Supreme Court in a last-ditch effort to block the implementation of a new US law that could force the platform’s Chinese parent company, ByteDance, to sell the popular video app or face a nationwide ban. ByteDance and TikTok filed an emergency…

  • Crypto Public Offers Under Scrutiny As UK FCA Proposes Ban – Details

    The UK Financial Conduct Authority (FCA) has issued a report Discussion paper Outlining several proposals and inviting public comments on crypto regulations in the country. Notably, one of the proposals seeks to ban public cryptocurrency offerings from unregulated entities. Cryptocurrency public offerings attract FCA attention According to the Financial Conduct…

  • Court denies TikTok’s request to halt enforcement of potential US ban until Supreme Court review

    Breadcrumb links PMN BMN Business Article writer: Associated Press Hallelujah Hadero Posted on December 13, 2024 • 2 min read You can save this article by registering for free here. Or log in if you have an account. A neon TikTok logo hangs in the lobby of TikTok’s office building…

  • Court upholds law forcing TikTok ban or sale in the United States

    A federal appeals court has upheld a law requiring TikTok’s Chinese parent company, ByteDance, to sell the app to a non-Chinese entity by mid-January or face a ban in the United States. The decision by the US Court of Appeals for the District of Columbia Circuit represents a major escalation…

  • Australia passes tough social media ban for kids under 16

    Australian lawmakers passed landmark rules banning under-16s from social media on Thursday, approving one of the world’s toughest crackdowns on popular sites like Facebook, Instagram and X. The bill has now been approved by both houses of Parliament with bipartisan support, and social media companies are soon expected to take…

  • Social media sites call for Australia to delay its ban on children younger than 16

    Breadcrumb links PMN BMN Business Article writer: Associated Press Rod McGuirk Posted on November 24, 2024 • 2 min read You can save this article by registering for free here. Or log in if you have an account. 14-year-old Henry, right, and Angel, 15, use their phones to watch social…

  • You can now cheat on your spouse without breaking the law in New York— a century old adultery ban was just repealed

    New York on Friday repealed a rarely used law more than a century ago that was considered a crime Cheating on your wife – A misdemeanor that could have led to the imprisonment of the perpetrators for three months. Gov. Kathy Hochul signed a bill repealing the law, which dates…

  • You can now cheat on your spouse without breaking the law in New York— a century old adultery ban was just repealed

    New York on Friday repealed a rarely used law more than a century ago that was considered a crime Cheating on your wife – A misdemeanor that could have led to the imprisonment of the perpetrators for three months. Gov. Kathy Hochul signed a bill repealing the law, which dates…

  • UK considers social media ban for under-16s as Minister orders new research

    Technology Minister Peter Kyle has commissioned new research into the impact of social media and smartphone use on children, suggesting the UK may follow Australia’s lead in considering a social media ban for under-16s. Australia is moving forward with plans to ban access to social media for all individuals under…

  • Meta says app stores should police Australia under-16 social ban

    Australia will go ahead with a social media ban for people under 16, despite calls from Meta Platforms Inc. To consider shifting responsibility for monitoring usage to app store operators such as Google and Apple. Prime Minister Anthony Albanese announced on Friday that all state and territory leaders had signed…

  • A Major Shift From Ban To Boom

    After a long history of rejecting this technology, Pakistan is now moving to legalize it Cryptocurrency And blockchain. In 2023, Pakistan was one of many countries that had a strict policy on the use of cryptocurrencies and blockchain technology. Ayesha Gaus Pasha, the Minister of State for Finance and Revenue,…

  • French court overturns Euronaval ban on Israeli cos

    For the second time in the past four months, the Paris Commercial Court overturned a decision by the French government to ban Israeli companies from participating in a defense exhibition and ruled that they can participate in the Euronaval event, which opens on Monday. The court was responding to a…

  • eBay to ban private e-bike sales over fire safety concerns

    eBay is set to ban the sale of e-bikes and their batteries by individuals in the UK from October 31, citing growing concerns about battery fires. As of this date, only “qualified business sellers” will be allowed to list these items, though the company has not yet clarified the exact…

  • China Urged To Reevaluate Crypto Ban By Former Finance Official Amid US Policy Changes

    Amid growing debates surrounding the cryptocurrency regulation scene, a former senior official from China’s Ministry of Finance has urged the government to reconsider its strict ban on virtual assets. According to the South China Morning newspaper a reportZhou Guangyao, vice minister from 2010 to 2018, highlighted the importance of cryptocurrencies…

  • China Urged To Reevaluate Crypto Ban By Former Finance Official Amid US Policy Changes

    Amid growing debates surrounding the cryptocurrency regulation scene, a former senior official from China’s Ministry of Finance has urged the government to reconsider its strict ban on virtual assets. According to the South China Morning newspaper a reportZhou Guangyao, vice minister from 2010 to 2018, highlighted the importance of cryptocurrencies…