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Musk expresses doubts on reliability of Twitter CEO poll
Musk expresses doubts on reliability of Twitter CEO poll
Business and Economy
by  AFP

Elon Musk on Tuesday said that he doubted the reliability of a Twitter poll in which a majority of votes said he should step down as a CEO of the company. But polling company HarrisX on Tuesday tweeted out their own poll of Twitter users, in which 61 percent of respondents voted to keep Musk as CEO. "Interesting.

Five ways TikTok is seen as threat to US national security
Five ways TikTok is seen as threat to US national security
Business and Economy
by  AFP

Many in the United States see TikTok, the highly popular video-sharing app owned by Beijing-based ByteDance, as a threat to national security. Republicans are also putting pressure on Democrats as US President Joe Biden negotiates a long-term security arrangement for the app to keep operating under Chinese ownership in the United States.

Nike tops estimates despite hit to profit margins
Nike tops estimates despite hit to profit margins
Business and Economy
by  AFP

Nike reported flat profits on higher sales Tuesday in results that topped estimates and lifted shares as strong demand helped counter the drag from heavy discounting due to excessive inventory. In the most recent quarter, Nike's gross margin declined compared with the prior quarter due to higher markdowns, especially in North America, Nike said.