How China’s Nuctech earned EU funds before being hit by EU raids
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How Fico’s attack forced the EU to confront its political vitriol
Also in this newsletter: concrete solutions to marry industry and climateFinancial Times - World - European Union -
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Meta slapped with child safety probe under sweeping EU tech law
Facebook parent company Meta on Thursday was hit with a major investigation from the EU into risks of its platforms to minors.CNBC - Business - European Union -
EU Investigates Facebook and Instagram Over Addictive Effects on Children
The American tech giant’s platforms, Facebook and Instagram, may “exploit the weaknesses and inexperience of minors,” the European Commission said.The New York Times - Business - European Union -
Meta Faces EU Probe Over Facebook, Instagram Child-Protection Policies
The investigation, which could eventually lead to a fine, will look into the platforms’ use of algorithms that officials said may stimulate addictive behavior in children.The Wall Street Journal - Tech - European Union -
Meta Faces EU Investigation Over Child Safety Risks
The Digital Services Act, which became active last year,requires social media platforms to work harder to prevent dangerous and illegal content from reaching younger users.Inc. - Business - European Union -
EU investigating Meta over addictive effects of Facebook, Instagram on children
The European Union is investigating Meta, the parent company of Facebook and Instagram, over the potentially addictive effects of its platforms on children. The bloc’s executive arm, the European Commission, opened “formal proceedings” against ...The Hill - Politics - European Union -
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Chinese EV startup Nio is changing its global strategy with U.S., EU tariffs on the horizon
Chinese electric car startup Nio is adjusting its approach to global markets in light of geopolitical developments, CEO William Li said Thursday.CNBC - Business -
Shaken by the Fico assassination attempt, the EU wonders if June elections can be free of violence
In an increasingly vitriolic political climate, the last thing needed in the runup to the June European Union elections was an assassination attempt on one of the bloc’s most controversial figuresABC News - World -
Majority of EU nations want more partnerships to stem migration from countries of origin
A majority of European Union countries are calling for more agreements with countries where migrants depart from or travel through to get to Europe, saying the bloc needs to think outside the box to tackle irregular migration into the 27-member blocABC News - World -
Facebook and Instagram face fresh EU digital scrutiny over child safety measures
The European Union opened fresh investigations into Facebook and Instagram over suspicions that they’re failing to protect children online, in violation of the bloc’s strict digital regulations for social media platformsABC News - Tech - Facebook -
EU investigates Facebook owner Meta over child safety and mental health concerns
Company’s social media platforms, which also include Instagram, may have addictive effects, says European Commission. • Business live – latest updates. The European Commission has opened an investigation into the owner of Facebook and Instagram ...The Guardian - World - European Union -
8 EU members say conditions in Syria should be reassessed to allow voluntary refugee returns
The governments of eight European Union member states say the situation in Syria should be re-evaluated to allow for the voluntary return of Syrian refugees back to their homelandABC News - World - European Union -
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Vaughan Gething says Plaid Cymru ‘walked away from opportunity to deliver for Wales’ as it ends cooperation agreement - UK politics live
Plaid Cymru has ended its cooperation agreement with Welsh Labour government in the Senedd over concerns regarding donations to leader Vaughan Gething. The Daily Express and Daily Mail have both asked questions about the taxing of pensions. Jeremy ...The Guardian - World - United Kingdom -
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Disappearing ink, fake polls and voter fraud: EU fears as Russian propaganda ads target Euro elections
Researcher uncovers vast Facebook campaign and accuses Meta of ‘lack of willingness’ to counter it. The stories are doom-laden, laced with vitriolic sneers about Emmanuel Macron, Volodymyr Zelenskiy and Ursula von der Leyen. Ukrainians are “ready ...The Guardian - World - European Union -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
Meta faces an EU investigation into whether its Facebook and Instagram services do enough to protect minors under a new online-content law.
Meta faces an EU investigation into whether its Facebook and Instagram services do enough to protect minors under a new online-content law.The Wall Street Journal - World -
How much interest would a $10,000 6-month CD earn now?
You could earn a significant return on your money simply by depositing some of it into a six-month CD right now.CBS News - Top stories -
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The Dow just hit 40,000. Here's a look at how it got here.
The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago.NBC News - Top stories -
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Pirates' Skenes pitches 6 no-hit innings before Morel singles for Cubs against reliever
Pittsburgh Pirates right-hander Paul Skenes pitched six no-hit innings in his second major league start before Christopher Morel singled against Carmen Mlodzinski in the seventh for the Cubs’ first hit of the gameABC News - Sports - MLB -
How China is using AI news anchors to deliver its propaganda
News avatars are proliferating on social media and experts say they will spread as the technology becomes more accessible. The news presenter has a deeply uncanny air as he delivers a partisan and pejorative message in Mandarin: Taiwan’s outgoing ...The Guardian - World - China -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
Engie Backs Outlook Despite Dip in Earnings
Engie reaffirmed expectations for the year after core earnings fell slightly in the first quarter, driven by declines from its networks and global energy management and sales businesses.The Wall Street Journal - World -
Engie Backs Outlook Despite Dip in Earnings
Engie reaffirmed expectations for the year after core earnings fell slightly in the first quarter, driven by declines from its networks and global energy management and sales businesses.The Wall Street Journal - Business -
Our adviser put 50% of our holdings in individual stocks, but now we fear a big tax hit by switching to index funds
Changing investment strategies midstream can lead to significant capital gains when you sell.MarketWatch - Business -
Paying more is ‘not viable’: new visa rules hit foreign graduate recruitment
International students have had UK job offers rescinded after visa changes made hiring them too expensiveFinancial Times - Business -
Being a 'Doctor Who' fan means learning how to love and lose and love again
No matter how great the new Doctor is on 'Doctor Who,' it's always a wrench to let go of the old.Los Angeles Times - Entertainment -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - Business -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - Business -
easyJet Expects Summer Demand to Boost Earnings; Replaces CEO
EasyJet said its CFO, Kenton Jarvis, will replace the departing CEO Johan Lundgren early next year as it reported a narrower loss in the first-half ahead of a busy summer season.The Wall Street Journal - Business -
Jim Cramer's week ahead: Earnings from Nvidia, Target, Macy's
CNBC's Jim Cramer highlighted earnings reports from Palo Alto Networks, Toll Brothers, Ross Stores and Deckers Outdoor.CNBC - Business