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Meta halts fact-checking, raising misinformation concerns worldwide

Meta ends fact-checking, raising concerns over misinformation during Australian election campaign amidst government calls for tech regulation.

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Meta ends fact-checking, raising concerns over misinformation during Australian election campaign amidst government calls for tech regulation.

Meta’s decision to cease fact-checking posts raises concerns about increased misinformation among Australian voters during the election campaign.

Mark Zuckerberg announced that Facebook, Instagram, and Threads will no longer employ independent content verification. This decision aims to appeal to Donald Trump ahead of his potential return to the White House.

Zuckerberg attributed the change to perceived bias from moderators, mirroring Elon Musk’s approach with the platform X, which also abandoned fact-checking.

This shift will initially occur in the United States but is expected to extend globally, including Australia, where the Albanese government seeks to enhance regulations on technology companies. This includes proposals to limit children’s access to these platforms and compel companies to pay for Australian news.

Prime Minister Anthony Albanese emphasised that social media companies must act responsibly to prevent the spread of misinformation during the federal election. He stated these platforms hold a social responsibility to fulfil.

The government’s initiative to regulate technology firms contradicts the incoming Trump administration’s stance and might complicate trade relations, particularly concerning tariffs on Australian products.

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Fed rate cut fallout shakes global markets

US Federal Reserve’s rate cut unsettles investors, igniting debate on easing cycle versus one-off move.

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US Federal Reserve’s rate cut unsettles investors, igniting debate on easing cycle versus one-off move.


The US Federal Reserve’s latest quarter-point rate cut has unsettled investors worldwide, sparking debate over whether it signals the start of an easing cycle or a one-off move.

#FederalReserve #Markets #InterestRates #Australia #TickerNews


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Aussie jobs market shows signs of strain

Australia’s job market shows decline with 5,400 cuts in August; unemployment steady at 4.2% despite easing migration.

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Australia’s job market shows decline with 5,400 cuts in August; unemployment steady at 4.2% despite easing migration.


Australia’s labour market is losing momentum, with 5,400 jobs cut in August and participation falling, even as unemployment held steady at 4.2%.

Employment growth has slowed sharply, migration is easing, and the Aussie dollar has dropped after touching an 11-month high.

#Australia #Jobs #FederalReserve #InterestRates #Markets #TickerNews


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Trump threatens TV networks over licences

Trump escalates feud with networks post-Kimmel suspension, threatening license revocations amid claims of bias against him.

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Trump escalates feud with networks post-Kimmel suspension, threatening license revocations amid claims of bias against him.


President Donald Trump has escalated his feud with television networks after ABC suspended Jimmy Kimmel’s late-night show.

Trump suggested broadcasters that he claims are “against him” could face licence revocations.

He argued that networks were “97 percent against me” during the 2024 election and praised FCC Chairman Brendan Carr as “outstanding.”

#Trump #Media #FCC #JimmyKimmel #TickerNews


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