The European Union has slapped Meta, the company behind Facebook, with a massive $840 million fine. This penalty comes from the European Commission, the EU's antitrust watchdog, which found that Meta used its power unfairly in the world of online classified ads. The commission believes Meta took ad
Disney's latest financial report showed a mixed but strong performance, with a significant boost from their movie studio. The fourth quarter of the fiscal year, ending in September, saw a 6% increase in revenue, reaching around $22. 57 billion. This beat Wall Street's expectations. The star performe
It was a big day for Disney, with its latest earnings report showing impressive growth in streaming, blockbuster summer movies, and investments in its theme parks. The company’s earnings from the fourth quarter of fiscal 2024 surpassed analyst expectations, driven largely by the streaming business w
Mark Cuban, the billionaire known for his role on Shark Tank, announced he's taking a step back from politics. He's been active in supporting Vice President Kamala Harris, stumping for her around the country and making media appearances. Mark recently faced controversy due to his comments about Pres
Facing a slump in the U. S. market, small to mid-sized unscripted TV producers are looking abroad for work. Recently, more American accents were heard at the MIPCOM market in Cannes. Producers like Lucky 8, known for shows like "60 Days In, " are exploring co-productions and deals with international
Ever notice how some memes on X seem to have a crypto casino logo stuck on them? Meet Stake, a casino worth over $2. 6 billion, founded by Australian entrepreneurs. They've been using memes to advertise, even though it's legally and morally questionable. Kids looking at memes are now seeing ads for
On Tuesday, investors got worried that some stocks were getting too expensive. This is called a stock market "bubble. " These stocks, often riskier ones, had gone up a lot after Donald Trump was elected president. But before important US economic data was released on Wednesday, some of these stocks
You might be wondering what's happening in the housing market lately. Well, mortgage rates have been on the rise, and it seems like everyone is taking a moment to think about what this means. Last week, mortgage rates jumped to their highest point since July. This increase happened as investors star
Phil Spencer, the head of Microsoft Gaming, has spilled the beans on an upcoming Xbox handheld device. But don't get too excited, as it might take a few years before we see it on store shelves. In a chat with Bloomberg, Spencer hinted that the company is in the early stages of developing a handheld
Imagine being able to peer into someone's future health just from a simple CT scan. A new approach uses low-dose computed tomography (CT) to spot specific images that can tell how long a person might live. Researchers have figured out a way to turn these images into a health index, making individual
