Senator wants review of Chinese company bid for GNC

September 11, 2020

Sen. Marco Rubio (R-FL) has asked the Committee on Foreign Investment in the U.S. to review a bid by Harbin Pharmaceutical of China to acquire the bankrupt GNC chain. The senator expressed concerns about illegal access to the personal records of Americans who are customers at GNC. The retailer issued a statement in response. “Our consumer data is safeguarded by rigorous standards and none of it is accessible to any foreign nationals.”

Recent News

Google’s Antitrust Trial Teeters On

Google’s landmark antitrust case against the Justice Department has reached its final stage, sparking concern across Silicon Valley. Prosecutors argue that Google’s dominance in online search and search advertising markets is illegal, while Google maintains its superiority. The outcome, to be decided by US District Judge Amit Mehta, could have significant implications not only for Google but also for other tech giants like Apple, Amazon, and Meta.

Apple’s Vision Pro Headset Dominates Enterprise Market

Apple’s Vision Pro headset, a mixed-reality spatial computing device, has found its way into the arsenals of more than half of the Fortune 100 companies, with over 50% investing in at least one unit. This revelation came during Apple’s first quarter 2024 earnings call, where CEO Tim Cook highlighted the enthusiastic reception of their products within the corporate sector.