The recent call for action by U.S. Consumer Product Safety Commission members, Peter Feldman and Douglas Dziak, to investigate the safety practices of foreign-owned e-commerce platforms such as Shein and Temu has sparked concerns about the sale of potentially dangerous baby and toddler products. This move highlights the growing need to scrutinize the safety and
Platforms
The recent decision by Brazil’s federal supreme court to suspend Elon Musk’s social network X raises serious concerns about due process and legal procedures. The court’s top justice, Alexandre de Moraes, issued suspension orders without giving Musk and X a fair opportunity to defend themselves or comply with the court’s requests. This lack of due
Brazil’s supreme court recently made a bold move by ordering a nationwide suspension of Elon Musk’s social network X. This decision came after X refused to comply with previous court orders regarding content moderation and the appointment of a legal representative in the country. As a result of this suspension, daily fines have been imposed
Alibaba has successfully completed a three-year regulatory “rectification” process following an antitrust fine for monopolistic practices in 2021, as announced by China’s State Administration for Market Regulation (SAMR). This process required Alibaba to align with antitrust regulations, particularly in regard to the “choose one of two” policy that gave the tech giant unfair competitive advantages.
Brazil’s decision to suspend access to Elon Musk’s X social network highlights a legal controversy between the telecommunications regulator and a judge in the country. The suspension was a result of X missing a court-imposed deadline to name a legal representative in Brazil. This action reflects a clash between Musk and Supreme Court Justice Alexandre
The S&P 500 saw a decline on Monday, led by Nvidia, a prominent player in the AI industry, ahead of its quarterly report. Investors are eagerly awaiting inflation data to get an idea about the direction of interest rate cuts by the Federal Reserve. The Nasdaq also experienced a drop, while the Dow Jones Industrial
On a fateful day at the Bourget airport in Paris, Pavel Durov, the billionaire creator and CEO of Telegram, was reportedly arrested. This shocking turn of events came as a surprise to many, especially considering Durov’s influential role in the world of social media. Telegram, often associated with countries like Russia, Ukraine, and other former
In a recent development, OpenAI announced a partnership with Condé Nast that will have far-reaching implications for the future of media outlets and content creation. This collaboration will see OpenAI’s advanced AI products, including ChatGPT and SearchGPT, being utilized to display content from a variety of popular media platforms such as Vogue, The New Yorker,
Recently, California Governor Gavin Newsom signed a series of laws aimed at addressing the escalating issue of retail crime in the state. These laws target various aspects of retail theft, including shoplifting, theft from vehicles, organized theft, and the resale of stolen goods online. The new legislative package comes as a response to mounting pressure
Coraline, the stop-motion animated film by Henry Selick, celebrated its 15th anniversary with a solid performance at the domestic box office. The movie secured the fifth spot with $8.63 million over the three-day weekend, playing on 1,603 screens. The total earnings reached $11.6 million, surpassing its previous record for Fathom Events. Last year, Coraline became
Recently, there has been a surge in the number of Americans falling victim to a deceptive scheme known as “pig butchering.” The term itself, derived from the idea of scammers using flattery and false connections to “fatten up” their targets, has garnered attention for all the wrong reasons. This elaborate strategy often takes weeks or
The recent ruling by the 9th U.S. Circuit Court of Appeals in San Francisco has left many questioning the implications for children’s online safety and free speech rights. The injunction blocking the California Age-Appropriate Design Code Act, which was intended to shield children from harmful online content, has been the subject of much debate. The
A bipartisan group of federal lawmakers recently raised concerns regarding Meta’s failure to prevent illicit drug advertisements from circulating on its platform. The lawmakers referenced reports from reputable sources such as The Wall Street Journal and the nonprofit Tech Transparency Project, which revealed a significant number of ads on Facebook and Instagram promoting the sale
In the world of investing, seeking out advice on where to put your money can be a daunting task. Some people rely on their own research, while others turn to traditional investment advisors with years of experience. However, there is a growing trend of individuals turning to a new breed of advisors known as “finfluencers.”