<p>The noncompete clause is dead! American tech workers are poised to benefit from the Federal Trade Commission&#8217;s new crackdown on the agreements, which prevent a company&#8217;s ex-employees from working for its rivals for a specified time. Also, Tesla&#8217;s profits crashed 55%. As electric vehicle sales sputter, we wonder why more players are still speeding into the space. But first, TikTok&#8217;s top executive was defiant after the passage of a massive foreign aid package that included a directive to the company: Sell to a U.S. buyer or get banned. Marketplace’s Lily Jamali is joined by Paresh Dave, senior writer at Wired, for his take on this week’s tech news.</p>

Marketplace Tech

Marketplace

Tech Bytes — Week in Review: The TikTok ban, the end of noncompetes and Sony’s EV

APR 26, 202411 MIN
Marketplace Tech

Tech Bytes — Week in Review: The TikTok ban, the end of noncompetes and Sony’s EV

APR 26, 202411 MIN

Description

<p>The noncompete clause is dead! American tech workers are poised to benefit from the Federal Trade Commission&#8217;s new crackdown on the agreements, which prevent a company&#8217;s ex-employees from working for its rivals for a specified time. Also, Tesla&#8217;s profits crashed 55%. As electric vehicle sales sputter, we wonder why more players are still speeding into the space. But first, TikTok&#8217;s top executive was defiant after the passage of a massive foreign aid package that included a directive to the company: Sell to a U.S. buyer or get banned. Marketplace’s Lily Jamali is joined by Paresh Dave, senior writer at Wired, for his take on this week’s tech news.</p>