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Meta charged with violating Europe’s landmark tech competition law, faces billions in fines

Meta was accused on Monday of violating Europe’s sweeping technology competition law by forcing a restrictive “pay or consent” model on customers for advertising on Instagram and Facebook, intensifying a long-running dispute over user privacy. Billionaire Mark Zuckerberg’s company drew the ire of regulators last year when it launched a subscription service that gave users […]

Chuck Schumer faces heat as landmark bill to protect kids online stalls in Congress

Landmark legislation that would hold big tech companies like Meta accountable for children’s safety online has stalled in the Senate, with critics blaming Republican Majority Leader Chuck Schumer, D-N.Y. The Child Online Safety Act (KOSA) would impose a legal “duty of care” on social media companies to protect minors from harassment, bullying, anxiety and sexual […]

RNC chair says ‘doesn’t matter’ which Democrat Trump faces in 2024

Republican National Committee Chairman Michael Whatley said it “doesn’t matter” which Democratic candidate former President Trump faces in the 2024 general election, saying all Democrats would support the same policies as the current administration. During an interview on “The Hill Sunday with Chris Styrewalt” on Sunday, Whatley also cast doubt on the possibility of Democrats […]

Fed Faces Tough Choice on Inflation Following Bank Collapses

Estimated Reading Time: 3 minutes The U.S. Federal Reserve may be less likely to use its key tool to combat inflation because of recent bank failures. The Fed has been aggressively hiking interest rates for months to help combat inflation. While inflation has slowed, it remains elevated. Given the recent bank collapses, hiking rates again […]

Gold Price Forecast: Faces Mixed Signals Amid Downtrend Correction – FX Empire

Anything above 2,339 indicates strength Another trendline and the 50-day moving average point to higher potential resistance near 2,339. That said, gold is likely to continue in retracement until it sees a rise above the swing high of 2,369. As the week ends, this week’s high, along with the 50-day line, provide a key lower […]

Biden faces high-stakes moment in CNN debate with Trump

Thursday’s debate offers President Biden’s best chance yet to convince skeptical voters that he’s prepared to stay in the White House for another four years, with his approval ratings stubbornly low and concerns about his age lingering. It’s a key moment for Biden, who is narrowly trailing former President Trump in the polls in several […]