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Meta Faced With An Antitrust Fight Over An Acquisition

Meta Faced With An Antitrust Fight Over An Acquisition

On Thursday, the Federal Trade Commission will ask a court to prevent Meta Platforms Inc. from buying a virtual-reality startup. This situation represents a change in US policy. Facebook’s parent company’s metaverse strategy is challenged by antitrust enforcement. Within is the creator of the fitness app – Supernatural. According to the Federal Trade Commission, Meta’s …

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Stocks Falling with Decreased Optimism on Fed Slowdown

Stocks Falling with Decreased Optimism on Fed Slowdown

Hawkish Comments from Federal Reserve Officials and Economic Data Overrule Prior Optimism of Traders Investor enthusiasm for a possible moderation in interest-rate rises waned on Thursday, sending stocks down. In morning trading, the S&P 500 dropped by almost a point. Wednesday’s loss of points by the benchmark gauge was offset by stock gains last week. …

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Crypto

What Is Holding Crypto Investors Back?

Analysts explain that fear of the unknown prevents traditional investors from investing in cryptocurrency. Jamie Coutts, a crypto analyst, thinks it’s a lost opportunity because conventional asset managers have chosen not to get knowledgeable about cryptocurrencies. According to Jamie Coutts, a crypto market analyst, traditional portfolio managers have hesitated to engage in cryptocurrencies due to …

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Weekly Overview: Forex, Stocks, Crypto, Commodities

Weekly Overview: Forex, Stocks, Crypto, Commodities Jul 1

Global markets still struggle to regain their values. How have Forex, Stocks, Crypto, and Commodities performed this week? Our weekly overview will outline the markets’ weekly performance to help you determine future trends. Forex Weekly Overview The dollar was little changed against major currencies on Friday. Still, it was on track for its best performance …

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Weekly Overview: Forex, Stocks, Crypto, Commodities

Weekly Overview: Forex, Stocks, Crypto, Commodities May 6

Global markets and trends are changing each day. Some major influencers cause price movements each second. How have you performed Forex, Stocks, Crypto, and Commodity markets this week? Our weekly overview will answer this question and summarize this week’s overall market performance. Forex Weekly Overview The dollar rose for a fifth straight week against major …

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Facebook and its business empire

Facebook (Meta) Earns a Lot of Money, But How?

Last year, Facebook Inc. changed its name to Meta. Facebook’s parent company Meta Platforms Inc. primarily earns money by selling advertising space on its various social media platforms. Its platforms include websites and mobile applications that allow users the ability to connect and communicate with family and friends.  Meta’s business empire includes a world-famous social …

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13 Apps Removed -Trojan Crypto Wallet Scheme

13 Apps Removed -Trojan Crypto Wallet Scheme

A study by ESET, a cybersecurity firm, found a sophisticated scheme that distributes Trojan applications; Disguised with popular cryptocurrency wallets. Malicious Scheme targets mobile devices running Android or Apple operating systems, which suffer if the user downloads a fake app. According to an ESET study, these malicious applications distribute through fake websites. Consequently, they imitate legitimate …

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Meta

Meta tightens content moderation policy for Ukraine

On Monday, Facebook parent Meta Platforms announced further tightening its content moderation policy for Ukraine. Correspondingly, this move aims to prohibit calls for the death of a head of state. This decision came after reports said the firm launched temporary changes to its hate speech policy. Meta global affairs President Nick Clegg emphasized that the …

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biflation

Ukraine Seeks Support from Tech Firms against Russia

On Wednesday, Ukraine sought help from 50 additional technology companies to take action against Russia following a slew of earlier requests. Accordingly, the country appealed to a list of gaming, esports, and internet infrastructure firms. In line with this, software giant Oracle Corp. responded immediately to the request. The business mentioned that it would halt …

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Google

Google bans Russian media channels in play store

Google bans Russian media channels in play store Late Tuesday, Alphabet Inc.’s Google announced that it had blocked mobile apps connected to Russian-state-owned media channels from its Play Store. This latest company move specifically banned networks RT and Sputnik in Europe. The effort aligned with an earlier decision to remove them from its news-related features. …

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Meta

Meta identifies hacking campaign targeting Ukraine

On Monday, Meta Platforms Inc. uncovered a hacking campaign that has used Facebook to target prominent public figures in Ukraine. The technology company attributes the hacking efforts to a group known as Ghostwriter. They successfully gained access to the social media accounts of high-profile military officials, politicians, and journalists. Accordingly, the hackers attempted to post …

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