TikTok lawsuit tees up novel court fight over US ban

TikTok lawsuit tees up novel court fight over US ban

By Mike Scarcella (Reuters) -TikTok’s new lawsuit to block a U.S. law forcing the social media company’s Chinese parent to divest it or be banned could spark a landmark clash over free speech, government power and the balance between open commerce and...
Disney reports shrinking TV business, shares tumble

Disney reports shrinking TV business, shares tumble

By Lisa Richwine and Sheila Dang LOS ANGELES (Reuters) -Walt Disney’s surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office, sending its stock tumbling 10%, on track for its deepest...