Meta says revenue will be weak as it spends even more on AI
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Neuroscience Says 6 to 10 Minutes a Day Can Make You Smarter, More Focused, and Even Increase the Size of Your Brain
Surprisingly, one study shows that even two minutes of this type of activity provides clear cognitive benefits.Inc. - Business -
GameStop Stock Slides on Plans for Share Sale, Weak Revenue
Shares of the videogame maker declined 25% after it said it plans to sell up to 45 million shares. GameStop has 306 million shares outstanding.The Wall Street Journal - World -
Abnormally hot summer even more likely in latest NOAA forecast: Here's where
New predictions for the summer season, released by NOAA's Climate Prediction Center this week, show weather is likely to heat up in almost every corner of the United States.The Hill - Politics -
Cowboys TE Jake Ferguson says 'I'm not even scratching my surface' after breakout 2023 season
Ferguson finished top 10 among tight ends in every receiving categoryCBS Sports - Sports - NFL -
New spending fight emerges
Business & Economy The Big Story McConnell and Democrats on collision course over spending Senate Republicans are on a collision course with Democrats over government funding, as the latter insists nondefense spending programs receive equal ...The Hill - Politics -
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How much money the U.S. spends on war
American military spending reached $916 billion in 2023, which accounts for more than a third of the world's total military expenditure.CNBC - Business -
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 -
Meta Faces Fresh Probe Over ‘Addictive’ Effect on Kids
The EU has launched an investigation into Facebook and Instagram’s child protection measures as part of mounting concerns around minors’ use of social media.Wired - Tech -
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 -
5/16: CBS Evening News
Morehouse College prepares for possible disruptions ahead of Biden's commencement address; Oncology nurse faces down her own cancer diagnosis with courageCBS News - World -
5/17: CBS Evening News
Video appears to show Sean "Diddy" Combs assaulting ex in 2016; How compassion, not just free tuition, helped one Ohio student achieve his college dreamsCBS News - Top stories -
Israeli military says more troops to join Rafah operation
The Israeli military said Thursday that five soldiers were killed and seven injured in a friendly fire incident in northern Gaza, amid renewed battles in the area against regrouped Hamas militants.NBC News - Top stories - Israel -
Why a shift in market environment may make an ‘accident’ more likely
Markets are returning to the traditional relationship between stocks and volatility that leaves markets more prone to an accident, according to one market observer.MarketWatch - Business -
Global Economy Will Grow More Than Expected, UN Report Says
An update to January forecasts suggests the world's economic growth rate will hit 2.7 percent in 2024, thanks to a better U.S. outlook and improved prospects for some larger emerging economies.Inc. - Business -
Harris says more Indian American representation is needed in government
Addressing a crowd of Indian Americans this week, Vice President Kamala Harris asserted the importance of voting and running. But Biden and Harris approval among the group has fallen.NBC News - Top stories -
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Innkeepers or spies? The mystery surrounding a century-old Swiss lodge and the world's most expensive weapon.The Wall Street Journal - World -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
With Ukraine Funded, New Fight Emerges in Congress Over Pentagon Spending
Mitch McConnell and other top Republicans want more federal money for the military. But Democrats say domestic programs must get an equivalent boost.The New York Times - Top stories - Ukraine -
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 -
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McConnell, Collins on collision course with Democrats over spending parity
Senate Republicans are on a collision course with Democrats who are insisting that nondefense spending programs receive equal treatment with defense programs. Senate Republican Leader Mitch McConnell (Ky.) says he won’t accept Democrats’ demand to ...The Hill - Politics -
Is Hunt right that Labour’s spending plans would leave a £38bn black hole?
Labour criticises a dossier released by the Conservatives that adds up how much their spending commitments would cost.BBC News - Top stories -
Voxel51 secures $30M to help gen AI understand visual input more accurately
Voxel51 has secured $30M in new funding for its visual AI platform, helping companies refine their models around images and video data.VentureBeat - Tech -
Sony Music Group warns more than 700 companies against using its content to train AI
One of the biggest record labels in the world is issuing notices warning hundreds of companies not to train artificial intelligence models on its content without permission.NBC News - Top stories -
Even European Parliament Elections Have Consequences
The body has become emblematic of the EU’s dysfunction, but this year’s vote may actually matter.The Wall Street Journal - World -
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 -
Fed’s Barkin says consumers are driving inflation. Here’s what they’re willing to pay more for.
The service sector “has changed their view” and believes consumers will accept higher prices and are going to raise them until households balk.MarketWatch - Business -
BoE needs more evidence of price pressures easing before cutting rates, says policymaker
Megan Greene believes ‘burden of proof’ must lie in inflation waning before Bank of England loosens stanceFinancial Times - Business -
Middle East Crisis: Israel Says It Will Send More Troops to Rafah, Defying International Pressure
“This operation will continue,” the defense minister said after meeting with commanders in the area.The New York Times - World - Israel -
Walmart says more diners are buying its groceries as fast food gets pricey
Customers across incomes are looking for cheaper meals, Walmart's chief financial officer said.CNBC - Business -
The Latest | Israel says it will send more troops to Rafah, as fighting also rages in Gaza's north
Israel’s defense minister says the military will send more troops into Rafah, a city along Gaza’s southern border with Egypt, as fighting also rages in northern Gaza, where Hamas has regroupedABC News - World - Israel -
Walmart says more diners are buying its groceries as fast food gets pricey
Forget the drive-thru. Walmart wants diners to find a value meal in its grocery aisles. As fast food gets pricier, the nation’s largest grocer sees a sales opportunity.NBC News - Top stories -
The number of child migrants arriving in an Italian city has more than doubled, a report says
An aid group says that the number of unaccompanied children who arrived in the northern Italian city of Trieste through the Balkan migratory route has more than doubled last yearABC News - World -
Family of Lewiston, Maine gunman testifies and says more could have been done
The family of the gunman who killed 18 people in Lewiston, Maine testified in front of a commission Thursday, saying more could have been done to help him and prevent the mass shooting.CBS News - Top stories