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9:05 PM ET, April 24, 2024

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 Top News: 
Lauren Feiner / The Verge:
President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20  —  The divest-or-ban bill is now law, starting the clock for ByteDance to make its move.  The company has an initial nine months …
Discussion: CNBC, Wall Street Journal, @tiktokpolicy, Zack Stern on LinkedIn, Morten Rand-Hendriksen on LinkedIn, Washington Post, The White House, Bloomberg, The Guardian, India Today, @alexheath@threads.net, DJ Mag, @jw@threads.net, @hankgreen, Dexerto, @cinemasai_, @maxwinebach, @adamkovac, Tom's Guide, @yashar, @themaxburns, Bloomberg, KnowTechie, Android Authority, @ldrogen, Neowin, @mattontech@mastodon.sdf.org, Semafor, Benzinga, NBC News, @alexbarinka, Newsweek, @rlheinrichs, Florida Politics, Mothership.SG, @tomwarren, Digital Music News, @munster_gene, @kyurieff, PetaPixel, @deedydas, @potus, @lanceulanoff, @blackleftaf, @michaelsobolik, Business Insider, @aripap, Variety, Engadget, Social Media Today, TechCrunch, @repdancrenshaw, Total Telecom, @alexgrayforok, Rolling Stone, The Independent, 9to5Mac, XDA Developers, @jameeljaffer, The Information, @michaelsobolik, @viacristiano, Mastodon, Infosecurity, Forbes, @nathanleamerdc, @djvlad, London Evening Standard, @jeromysonne, Politico, @viacristiano, @michaelsobolik, Silicon UK, Kiplinger.com, Music Business Worldwide, @kellymakena, @therecount, Music Ally, @ezeekat@threads.net, Comic Book, Wired, @drjessmaddox, Far Out Magazine, Australia & World, @deanbaker13, KnowTechie, @alyssafarah, Semafor, PR Daily, @aghamilton29, Android Police, GSMArena.com, @steventdennis, Android Headlines, PCMag, Tubefilter, Axios, @tiktokpolicy, @mtracey, Bloomberg, @ddimolfetta, @carnage4life, @mkraju, @brendancarrfcc, @danprimack, Android Headlines, Fast Company, New York Times, The Guardian, AppleInsider, CNN, One Man & His Blog, Financial Times, Wall Street Journal, BGR, The Daily Beast, Sydney Morning Herald, ComingSoon.net, CNN, The Indian Express, Reuters, @NeoNacho@mastodon.social, The Daily Beast, Neowin, Wired, The Register, Engadget, The Wrap, GB News, Mumbrella, Gizmodo, MediaPost, South China Morning Post, New York Daily News, The Hill, The Verge, CBS News, r/politics, r/popculturechat and Beehaw, more at Techmeme »
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Alex Barinka / Bloomberg:
Biden signing the TikTok divestment bill starts a 270-day countdown for a sale or a US prohibition; sources say ByteDance sees divestiture as a last resort  —  - China's ByteDance faces deadline to sell app under new US law  — Company braces for legal fight against divest-or-ban efforts
Foo Yun Chee / Reuters:
TikTok is suspending the rewards program in TikTok Lite while it tries to resolve EU concerns about the potentially addictive nature of the program for children  —  TikTok will voluntarily suspend its new app TikTok Lite's reward programme while it tries to resolve EU concerns, the company said on X social media platform on Wednesday.
Meta Investor Relations:
Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2024.
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Manish Singh / TechCrunch:
Indian streaming service JioCinema launches an ad-free subscription plan with the lowest tier costing $0.35/month for a single device, undercutting rivals  —  JioCinema, the popular Indian on-demand video streaming service, introduced a new monthly subscription plan on Thursday, with the lowest tier costing just 35 cents.
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Winston Cho / The Hollywood Reporter:
The FTC bans noncompete clauses that restrict job switching, potentially complicating hiring in Hollywood as firms try to protect trade secrets and other info  —  The FTC on Tuesday voted to prohibit noncompete provisions in contracts, which could usher in a sea change to worker mobility …
Alex Weprin / The Hollywood Reporter:
Proxy filing for TKO Group Holdings: Endeavor's Ari Emanuel received a pay package of nearly $65M in 2023, the year that Endeavor merged UFC and WWE  —  TKO, the owner of the WWE and UFC, disclosed its executive pay packages in its proxy filing.  —  Endeavor's $21 billion deal to merge …
Tom Jones / Poynter:
How the Columbia Daily Spectator, the independent student newspaper of Columbia University, is covering the tense protests over the Israel-Hamas war  —  The Columbia Daily Spectator has expertly documented tense protests over the Israel-Hamas war inside and outside the campus.
 
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 More News: 
Will Sommer / Washington Post:
The founder of The Gateway Pundit says its parent company is filing for Chapter 11 bankruptcy, as it faces lawsuits claiming it promoted bogus election claims
E. Alex Jung / New York Magazine:
A profile of Mehdi Hasan, whose aggressive interviewing helped him get an MSNBC show, as he now embraces the “canceled” label to launch his Zeteo substack
 Earlier Picks: 
Max Goldbart / Deadline:
The UK's Channel 4 commits to make more shows outside England, after calls to increase its quota to make 9% of shows in Scotland, Wales, and Northern Ireland
Daniel Thomas / Financial Times:
Ofcom warns UK broadcasters on the importance of impartiality ahead of the general election, but stops short of outright banning using politicians as presenters
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November
 
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