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Meta’s recent decision to end its fact-checking partnerships for Facebook and Instagram in the United States has raised concerns about increasing harmful content on social media. Many parents were already worried about their children being exposed to misinformation and harmful posts online. With Meta's announcement, the risk seems to be growing eve…

State Farm, one of California's largest insurance providers, canceled hundreds of homeowners' policies in Pacific Palisades last summer, the same area now being devastated by destructive wildfires. The insurance company justified the move by citing the growing risk of Los Angeles wildfires and the financial strain they posed. The company stated …

Nvidia CEO Jensen Huang's recent comments on the future of quantum computing have sparked significant controversy, drawing strong criticism from D-Wave Quantum's CEO, Alan Baratz. Huang suggested that practical and widely useful quantum computers could be as far as 15 to 30 years away, a statement that caused a sharp drop in quantum technology stoc…

After a prolonged and contentious negotiation, the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) announced a tentative agreement for a new six-year master contract. The agreement, finalized before the January 15 deadline, has been hailed as a significant step toward stabilizing labor relations at East Coast an…

Meta recently announced significant changes to its content moderation policies, including the removal of professional fact-checking and the expansion of permissible content under its hateful conduct policy. These changes, which took effect immediately, have drawn both support and criticism for their implications on free speech and online safety. …

Japan's Nippon Steel CEO reaffirmed the company's determination to proceed with its acquisition of U.S. Steel, despite recent legal action against the Biden administration's decision to block the proposed merger. On Monday, U.S. Steel and Nippon Steel jointly filed lawsuits challenging the Biden administration's move to halt Nippon Steel’s $14.9…

A new congestion toll for drivers entering the heart of Manhattan officially took effect on Sunday, with most motorists now required to pay $9 during peak hours to access the busiest parts of the city. The congestion pricing system aims to alleviate traffic congestion in the densely populated urban core while generating funds to improve New York…

Tesla shares its fourth-quarter and annual vehicle production and delivery figures for 2024, revealing a significant development: the company experienced its first annual decline in deliveries. This marks a shift in Tesla’s trajectory as it faces increasing competition and operational challenges. Decline in Deliveries and Production Numbers I…

Hindenburg Research, a prominent short-seller, has disclosed a bet against Carvana, alleging that the company’s recent improvements are unsustainable and built on questionable financial practices. The report accuses the online used-car retailer of using unstable loans and accounting manipulations to create the appearance of a turnaround. Allegat…

After two consecutive years of exceptional growth, the US stock market enters 2025 with optimism tempered by caution. While Wall Street anticipates continued gains, the scale of growth is expected to moderate compared to the stellar performances of 2023 and 2024. A Look at the Projections Wall Street forecasts predict double-digit growth for …