Author: News Room

Italy’s competition authority has fined TikTok €10 million ($11 million) for failing to control the spread of content that it said threatened the safety of minors and other vulnerable people. The antitrust agency, AGCM, said Thursday that TikTok, which is owned by China’s ByteDance, had failed to take into account the specific vulnerabilities of adolescents using its platform, such as a tendency toward copying group behaviors. The watchdog announced an investigation into TikTok’s content moderation practices last March. In a statement Thursday, it said the video-sharing platform “has not taken adequate measures to avoid the spread of (harmful) content,” adding…

After an extremely volatile week in the cryptocurrency market, another active week will await investors, especially shaped by the FED’s interest rate decision on Wednesday. There will also be large amounts of token unlocks during the busy week. Here is the token lock opening calendar that we have prepared specially for you as Bitcoinsistemi.com. (All times are stated in UTC+3 Türkiye time) Near (NEAR) Market Value: $8.57 billion Amount of Tokens Unlocked: $2.06 million (0.02% of Market Cap) Token Lock Opening Date: 18 March 2024, 03:00 Lido DAO (LDO) Market Value: $2.44 billion Amount of Tokens Unlocked: $21.50 million (0.89%…

The debate over whether Chinese-owned TikTok can operate in the U.S. is back with fervor, revealing more about the risk for Chinese stocks in a U.S. presidential election year. The committee that led the legislation on TikTok that passed the House of Representatives last week has another bill aimed at restricting Chinese biotech companies, among many policy proposals . Such considerations motivated Goldman Sachs analysts to update their model for measuring the level of risk from U.S.-China tensions in Chinese stocks. Their barometer, created in 2020, “has correlated well with the U.S.-China events timeline, and China equity performance,” the analysts…

The Biden administration is welcoming six new countries to a US-led pact to crack down on phone-hacking spyware as US officials tell CNN that the administration continues to find new cases of American government personnel being targeted by a technology that is deemed a national security and counterintelligence threat. “We are aggressively and intensively trying to identity and confirm more” cases of US government personnel whose phones have been targeted with commercially available spyware, a US National Security Council official told CNN. A year ago, the Biden administration put the tally of US government personnel either suspected of or confirmed to have been targeted…

Real Madrid head coach Carlo Ancelotti demanded that Vinicius Jr. learns to handle pressure better following Saturday’s 4-2 win over Osasuna. Simultaneously, however, he also tipped the winger to do so because he is a “humble, serious and intelligent” individual who played an “extraordinary” game in El Sadar. AS took this as Ancelotti being “critical of his attitude” but “affectionate” about Vinicius as a person. Whatever your opinion, there is no doubting that Vinicius was again fantastic with the ball and netted two goals that will help his team go into the international break at least seven points clear at…

By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court, addressing free speech rights in the digital age, decided on Friday that government officials can sometimes be sued under the Constitution’s First Amendment for blocking critics on social media. In unanimous decisions in two cases from California and Michigan, the justices set a new standard for determining if public officials acted in a governmental capacity when blocking critics on social media – a test to be applied in lawsuits accusing them of violating the First Amendment. First Amendment protections for free speech generally constrain government actors, not private individuals. Under the…

Spending at US retailers rebounded last month as Americans shelled out more for gasoline. Retail sales at stores, online and in restaurants rose 0.6% in February from the prior month, up from January’s revised 1.1% decline, the Commerce Department reported Thursday. That was slightly below economists’ expectations. The figures are adjusted for seasonal swings but not inflation. January’s sharp decline was mostly attributed to the cold weather keeping consumers hunkered down at home. The broader US economy remains on strong footing, with employers continuing to hire and Americans still raking in strong wage gains. Retail spending has increased in seven of…

Solana has outperformed Ethereum and other Ethereum Virtual Machine (EVM)-based Layer-2 solutions in terms of 24-hour transaction volume, reaching a total of $3.654 billion against Ethereum’s $2.397 billion. The news seemingly piqued the interest of SOL co-founder Anatoly Yakovenko who responded via social media. SOL’s latest achievement places it at the forefront of blockchain transactions, even surpassing the combined efforts of other significant networks such as Arbitrum, Avalanche, Polygon, and Optimism, according to data provided by DefiLlama. When combined volume of all the centralized exchanges as well? — toly 🇺🇸 (@aeyakovenko) March 17, 2024 Yakovenko also acknowledged the platform’s success…

Ohio Gov. Mike DeWine on Tuesday’s Senate Republican primary: ‘This is a very, very close race’ Ahead of a heated Senate Republican primary, Ohio Gov. Mike DeWine joins CNN’s Dana Bash to discuss the state of the race and why he backed Matt Dolan over Former President Donald Trump’s pick: Bernie Moreno.

190 million Americans have a credit card, and in 2022, 91 million of those cardholders paid interest on a revolving balance. Credit card borrowing can be expensive. In 2022, total credit card interest and fees added up to $130 billion, averaging just over $1,000 for each family in the United States. Two of the nation’s largest credit card companies, Capital One COF and Discover, announced plans to merge in February. To merge, they’ll need approval from bank regulators and the United States Department of Justice. Here’s what you need to know about the interest rates Capital One and Discover currently…