
US consumer inflation holds steady in September
Consumer inflation held steady in the United States last month, according to government data released Thursday, giving policymakers some reprieve in their battle...
2023-10-12 20:53

Meta hit with record €1.2 billion fine
Meta will be forced to pay a record €1.2 billion fine over claims it abused its users’ data. The Irish Data Protection Commission said that Meta had broken the EU’s data protection rules by moving data between Europe and the US. It had failed to protect European users from having their data used under US law when it did so, regulators said. It will now be fined €1.2 billion, as well as being required to delete the Facebook data or move it back into Europe. That fine is easily a record under the EU’s General Data Protection Regulations, or GDPR. The previous record was held by Amazon – which was fine €746 million by regulators in Luxembourg – though the four biggest fines after that have been paid by Meta as part of data issues at Facebook, Instagram and WhatsApp. Meta called the fine “unjustified and unnecessary”, and said that it would appeal the ruling. It also said that there would be no immediate disruption to the way Facebook works. The company has repeatedly threatened that new limits on how data is transferred to the US could cause it to shut down Facebook and Instagram in Europe. Meta said in response to the new ruling that it will be able to continue to operate as it does today if a new data agreement between the EU and US is able to come into effect. Previously, data sharing between the US and Europe was governed by a framework called the “Privacy Shield”, which allowed that data to flow if US companies showed they were using proper data protections. In 2020, however, that was scrapped after the European Court of Justice said that it was not properly protecting data. Since then, lawmakers have been working on a new deal, known as the Trans-Atlantic Data Privacy Framework, though that is yet to go into effect. But lawmakers have indicated that it should be ready by October, when the deadline for Meta to delete the Facebook data at the heart of the fine is up. Read More Instagram back online after hours of global outages Instagram experiencing global outages Solar panel efficiency to increase 50% with first ‘miracle’ tandem cells
2023-05-22 17:32

Tyson and Perdue under investigation by Department of Labor
The Department of Labor is investigating meat and chicken processors Perdue and Tyson Foods following a New York Times magazine report of minors working at their facilities. Earlier this year, the federal government committed to ratcheting up efforts to root out child labor law violations.
2023-09-28 18:28

Check your pantry: Frito-Lay issues allergy alert for an undeclared salsa dip ingredient
Frito-Lay has issued a voluntary recall of Tostitos Avocado Salsa Jar Dip because it may contain an undeclared milk allergen, according to the US Food and Drug Administration.
2023-06-25 14:03

South Africa accuses Israel of war crimes and 'genocide'
South African President Cyril Ramaphosa accused Israel of war crimes and "genocide" in Gaza, as he chaired an extraordinary summit of the BRICS...
2023-11-21 22:37

US Shutdown Risk Drops as More Democrats Back Speaker’s Plan
The odds of a Nov. 18 US government shutdown diminished Tuesday as House Speaker Mike Johnson gained more
2023-11-15 01:27

Donald Trump indicted in classified documents probe, sources say
Former President Donald Trump has been indicted in the special counsel's classified documents probe, sources familiar with the matter tell CNN, a stunning development that marks the first time a former president has faced federal charges.
2023-06-09 07:49

Video: Sean O'Malley Knocks Out Aljamain Sterling at UFC 292
Sean O'Malley scored a huge upset win thanks to a big right hand.
2023-08-20 13:31

British-Nigerian hacker pleads guilty to $6m fraud in US court
Idris Dayo Mustapha, 33, was part of a ring that hacked into the accounts of American firms.
2023-11-29 18:40

Italian lawmakers debate long-delayed Holocaust Museum revived by far-right-led government
Italian lawmakers have marked the 80th anniversary of the Nazi roundup of more than 1,200 Roman Jews in the Holocaust with a debate on a measure to partially fund a long-delayed Holocaust Museum in the capital
2023-10-17 02:02

French soccer league struggling with violence, discriminatory chanting and low-scoring matches
There’s been discriminatory chanting in the stands, a team bus pelted with stones, a game called off because of crowd trouble, and precious few goals on the field
2023-11-30 20:33

S&P 500, Nasdaq futures dip with more economic data on tap
Futures tracking the S&P 500 and the Nasdaq dipped on Wednesday as investors remained cautious in a data-heavy
2023-08-30 17:55
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