Island Business Report: 'Baby Shark' making millions; billions of YouTube views
'Baby Shark' has made millions for the family behind the tune.
The viral song has logged 3.8 billion views on YouTube and has been used by everyone from the World Series winning Washington Nationals to protests in Lebanon.
The Korean family behind it is now sitting on a rapidly growing multi-million dollar fortune.
Tesla's batteries are being investigate for possible defects.
The New York Times reports the National Highway Traffic Safety Administration is looking into why a number of Tesla vehicles have spontaneously burst into flames.
Tesla didn't respond to a request for comment.
The U.S. government has opened a national security review into the video-based app Tiktok over Chinese data collection concerns.
The Committee on Foreign Investment in the United States is reviewing the Chinese deal that led to the creation of the app popular among teenagers after lawmakers raised national security concerns.
Lawmakers voiced concerns that Chinese law could compel the company to cooperate with intelligence work for the Chinese communist party.
Americans legally wagered a record amount of money on sports in September.
The American Gaming Association says the amount reached $1.4 billion.
Of that total, 40 percent of wagers originated in Nevada, the largest state sports betting market, which reported the third-largest amount handled in its history.