FTC issues rule to ban noncompete agreements
FTC issues rule to ban noncompete agreements
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Yahoo FinanceWhether Wall Street garden leaves survive noncompete ban is an 'open question'
Some 'garden leave' agreements that Wall Street uses to protect secrets are expected to survive the FTC's new noncompete ban, but some probably won't.
- TechCrunch
The FTC's ban on noncompete clauses could be good for startups. But it also might be struck down.
The Federal Trade Commission voted 3-2 to ban the use of most noncompete agreements on Tuesday. This ruling means companies can't require employees who aren't senior executives to wait a set amount of time before joining a competitor or launching their own company in the same category. While the FTC's ruling will impact industries like financial services and hedge funds the most, due to the prevalence of such agreements in those industries, it could also impact startups.
- Engadget
FTC bans employers from using noncompete clauses
The US Federal Trade Commission (FTC) has banned noncompete clauses in a move to "drive innovation" and protect workers' rights and wages.
- TechCrunch
TechCrunch Minute: FTC bans noncompetes, court challenge incoming
The Federal Trade Commission voted 3-2 this week to ban noncompete agreements. While the FTC estimates that nearly one in five American workers is subject to a noncompete, these agreements haven’t been a huge issue in Silicon Valley, because they’re not enforceable in California. This has arguably been one of the region’s competitive advantages, as it allows employees to start something new without worrying (in most cases) that they’ll have to spend the next few years battling their old employer in court.
- Yahoo Finance
The FDIC change that leaves wealthy bank depositors with less protection
Affluent Americans may want to double-check how much of their bank deposits are protected by government-backed insurance. The rules governing trust accounts just changed.
- Engadget
Google prohibits ads promoting websites and apps that generate deepfake porn
Google has updated its Inappropriate Content Policy to include language that expressly prohibits advertisers from promoting websites and services that generate deepfake pornography.
- Yahoo Life Shopping
The best face wash for sensitive skin in 2024 will leave your face fresh, clean and never angry
The best face cleanser for sensitive skin (think: eczema, rosacea, psoriasis) in 2024 is The Outset's Gentle Micellar Antioxidant Cleanser.
- Yahoo Sports
Kicker rankings for fantasy football 2024
The Yahoo Fantasy football analysts reveal their first kicker rankings for the 2024 NFL season.
- Engadget
Helldivers 2 PC players suddenly have to link to a PSN account and they're not being chill about it
Helldivers 2 players have become frustrated after Sony suddenly required linking to a PSN account to play the game on PC. This was not necessary when the title launched in February.
- The Yodel
Trump jurors hear secret recording in hush money trial, Arizona repeals its near-total abortion ban and evacuations called amid Texas floods
Get caught up on this morning’s news: Trump trial nears end of second week, Arizona repeals its near-total abortion ban and more in today’s edition of The Yodel newsletter
- Yahoo News
Arizona's governor signs repeal of near-total abortion ban. But the procedure still may not be available there this summer. Here's why.
On Thursday, Arizona Gov. Katie Hobbs repealed a controversial Civil War-era abortion ban that banned abortions except when necessary to save the mother’s life. However, the repeal will not take effect immediately. Here's what that means for women trying to access abortion in Arizona now.
- TechCrunch
TikTok expands its premium ad slots despite potential US ban
In an effort to capture more ad dollars, despite the looming U.S. ban, TikTok is introducing new advertising products and opportunities that will allow marketers to better control what sort of content their ads appear against. The company says it will use generative AI to curate trending, brand-safe content; expand its selection of "tentpole" moments, like the Paris Olympics and Met Gala; and allow advertisers to buy slots with specific networks and content offerings. The company introduced the "Pulse Premiere" ad slot last year, and it is now adding new partners to it.
- Yahoo Sports
Jaylen Warren says Steelers' special teams coordinator has talked about Justin Fields returning kicks
The new NFL kickoff rules might see the Steelers get creative when it comes to returns.
- Yahoo Entertainment
TikTok has launched the careers of countless authors. They say they're worried about what a potential ban could do to the industry.
BookTok has become the most influential platform in the literary space, but it might not be around for long.
- Yahoo Sports
Report: Ryan Garcia tests positive for banned PED after win over Devin Haney
Ryan Garcia beat Devin Haney via majority decision in their bout last month in Brooklyn.
- Engadget
TikTok might be going around Apple's in-app purchase rules for its coins
TikTok has apparently added in-app coin purchase options for some users, going against Apple's policies.
- Autoblog
2022-2024 Ford Maverick recalled for taillights that could fail
Ford and NHTSA recall more than 240,000 Maverick small pickup trucks for taillights that may not illuminate.
- Yahoo Sports
NFL Power Rankings, draft edition: Did Patriots fix their offensive issues?
Which teams did the best in the NFL Draft?
- TechCrunch
OnlyFans hits UK regulator's radar for age-verification failures around porn access
U.K. regulator Ofcom is investigating OnlyFans, an online adult content subscription service, for failing to prevent children from accessing pornography through the platform. Ofcom, the official regulatory body for the U.K.'s broadcasting, telecommunications and postal industries, says it has grounds to suspect that OnlyFans' parent company, Fenix International Limited, failed to implement age-verification measures sufficiently. The regulator is also investigating whether Fenix may have provided incomplete or inaccurate information as part of two information request notices issued by Ofcom — one in June 2022, and another in June 2023.
- Yahoo Sports
NBA offseason: What is the CBA’s second apron? And how does it limit high-spending teams?
The second apron is a new, additional threshold, slated as roughly $11 million ($190 million total) above the first apron for the 2024-25 league season. It will handicap team decision-makers more than ever before.