January 2025

U.S. Supreme Court greenlights law that may ban TikTok

The Supreme Court has upheld a law potentially banning TikTok in the U.S., amid concerns over data privacy and national security. Lawmakers argue the app poses risks due to its Chinese ownership. TikTok voices disappointment, highlighting its U.S. compliance efforts. The decision fuels ongoing debates about technology, privacy, and international relations.

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Houston-Based BP to Reduce Workforce Amid Cost-Cutting Measures

BP, headquartered in Houston, announces a 5% workforce reduction, totaling 4,700 jobs as part of a $2 billion cost-saving strategy. CEO Murray Auchincloss plans to realign the company with its core oil and gas operations while maintaining BP’s competitiveness in the evolving energy market. The impact on BP’s largest office in Houston, with 4,000 employees, remains uncertain.

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