Image Source: Game Developer The Federal Trade Commission attempted to prevent Facebook-parent Meta from acquiring virtual reality startup Within on Wednesday. Therefore, sending the strongest message yet that the organization would take a harder stance on Silicon Valley mergers. Those involving more advanced technologies. The FTC said in an injunction filed on Wednesday that Meta …
Image Source: The Verge After years of rapid expansion, Netflix is looking for new revenue streams. It is also intensifying its effort to charge users for using shared accounts. In order to add a “second home” to their accounts. The streaming service said that customers in Central and South American countries need to pay an …
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Image Source: Apple Regarding Apple Pay, the company has been sued in the US. The technology giant charges with leveraging its dominance in the mobile phone sector. In order to ward off competition from rival payment card providers. Affinity Credit Union, a chartered credit union with its headquarters in Iowa, filed the class-action lawsuit in …
Image Source: Distractify Bill Russell, a civil rights activist and an 11-time NBA champion who was a Boston Celtics great. He passed away at the age of 88. Former President Barack Obama led the tributes. Bill Russell – NBA Champion Russell won 11 championships with the Celtics from 1956 to 1969. It was one of …
Civil Rights Activist Bill Russell has Passed Away Read More »
Image Source: War on the Rocks China has carried out major military drills near Taiwan after Nancy Pelosi, a prominent US politician, paid the island a visit. According to Taiwan, China reportedly launched 11 ballistic missiles into the seas off the coasts of that country’s north and south-western regions. Japan demanded an “immediate halt” to …
China launches Missiles Near Taiwan as Pelosi Visits Read More »
Image Source: TASS Fearing demand repression as a result of the global recession, the world’s oil-producing nations have agreed to a small increase in output for next month. On Wednesday, OPEC+, commonly known as OPEC, said that it would increase its daily production by 100,000 barrels in September. OPEC+ is an organization of oil-exporting nations …
Image Source: The Street A deal to purchase land rights for a new football stadium was canceled, and heavily indebted Chinese real estate developer Evergrande claims that it would earn $818 million as a result. Though the stadium’s construction was set to begin more than two years ago, problems have plagued the project for months. …
Evergrande to Get $800 million as Stadium Deal is off Read More »
Image Source: VOA News Concerns about a recession were allayed by the unexpected addition of 528,000 jobs to the US economy last month and the unemployment rate’s return to a half-century low. This was accomplished despite high inflation, a tighter monetary policy, and reduced fiscal support because the labor market remained robust. According to the …
