Weekly Review, April 29 2024
Fortis’ News of the Week:
Bill that would require Bytedance to sell TikTok to a US company or shut it down sailed it’s way through legislature and was signed by the President.
LA Metro to begin using AI powered cameras on buses to ticket cars parked illegally. To ensure fairness, humans will view the videos to confirm violations.
New York Stock Exchange to test round-the-clock trading. 24 Exchange is currently seeking SEC approval.
US birth rates drop to a record low after the initial uptick during the COVID-19 pandemic.
The EU has deemed Shein as a “Very Large Online Platform” which will require it to be subject to the same rules as Meta and Google.