Money

European Union threatens to shut down Twitter

Published

1 year ago

December 1, 2022

The European Union has threatened to shut down Twitter unless Elon Musk follows its guidelines for content moderation.

Musk was told that Twitter risked breaking the EU’s Digital Services Act, the law that establishes the global standard for how Big Tech must regulate content on the Internet.

The tech billionaire was advised of a number of requirements for the company to follow, including giving up the practice of restoring banned users in an arbitrary manner and combatting misinformation.

Under the law, Twitter may be subject to a ban across Europe or fine of up to six percent of worldwide revenue.

The EU Commissioner in charge of digital regulations, issued the news to Musk personally via video chat.

Meanwhile is the frosty relationship between Elon Musk and Apple over? Musk has tweeted this image saying:

Thanks Tim Cook for taking me around Apple’s beautiful HQ.

Musk has hit out at Apple this week after the tech giant removed ads from Twitter.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

4 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

4 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

5 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending