Facebook owner Meta is set to contest antitrust charges brought by the European Union (EU) at a closed hearing, as it seeks to avoid a substantial fine. The charges accuse Meta of linking its classified advertisements service to its social network, thereby giving it an unfair advantage. The EU’s charge sheet, issued last December, highlighted
The Group of Seven (G7) wealthy nations recently unveiled a comprehensive security framework for Ukraine, emphasizing the importance of implementing reforms to facilitate Kyiv’s Euro-Atlantic aspirations. In a joint declaration of support, the G7 condemned Russia’s unlawful and unprovoked invasion of Ukraine as a threat to international peace and security, as well as a violation
Renowned writer and co-creator of The Last of Us TV series, Craig Mazin, has made the decision to remove his name from the long-awaited Borderlands movie. According to reports from World of Reel and the Writer’s Guild of America (WGA) website, the current credited writers on the project are Eli Roth and Joe Crombie. Interestingly,
Jeremy Vine, a prominent broadcaster on BBC Radio 2, has expressed his belief that the unnamed BBC presenter accused of paying a teenager for sexually explicit photos should step forward and address the allegations publicly. Vine’s statement came after a second individual came forward with a complaint against the presenter. The individual, who is in
A federal judge has denied the Federal Trade Commission’s (FTC) request for a preliminary injunction to stop Microsoft from finalizing its acquisition of Activision Blizzard. This decision not only signifies a setback for the FTC, but also challenges FTC Chair Lina Khan’s approach to antitrust enforcement. While the ruling does not guarantee the deal’s approval,
An old RAF base in Essex will be repurposed to accommodate male asylum seekers starting Wednesday morning, according to sources at Sky News. The government’s decision to utilize Wethersfield Airfield for this purpose was announced in March as an attempt to cut down on the expenses associated with housing asylum seekers in hotels. However, the
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has emerged as a significant player in both the U.S. public and private markets. Unlike most American funds, the PIF is not obligated to disclose its holdings in these markets. However, during the recent PGA-LIV merger hearings, a previously undisclosed list of the fund’s top
Only approximately one-third of patients who are prescribed weight loss drugs, such as Wegovy, a popular injection developed by Novo Nordisk, continue taking the medication after a year. Surprisingly, the total healthcare costs for this group actually increased, according to an analysis conducted by Prime Therapeutics, a leading pharmacy benefit manager in the United States.
Bank of America, the second-largest bank in the United States, has been found to engage in deceptive practices that have harmed hundreds of thousands of its customers in recent years, according to the Consumer Financial Protection Bureau (CFPB). The CFPB stated that the bank charged multiple overdraft fees of $35 for the same transaction, failed
Novavax, a biotech company in Maryland, experienced a significant surge in its stock price, soaring over 30% on Monday. This surge came as a result of Canada agreeing to pay $350 million for Covid vaccine doses that were initially scheduled for delivery but went unused. The settlement forms part of an amended purchase agreement for