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Nov 15 2024BUSINESS

EU Hits Meta with Huge Fine for Marketplace Monopoly

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

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Nov 14 2024POLITICS

Billionaire Cuban Takes Political Break After Campaigning

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

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Nov 14 2024BUSINESS

U. S. Unscripted TV Producers Pivot to International Market for Survival

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

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Nov 14 2024BUSINESS

How a Crypto Casino is Cashing In on Your Memes

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

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Nov 14 2024FINANCE

Stocks on Edge: Uncertainty Before Key Data

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

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Nov 14 2024BUSINESS

The Housing Market Hits Pause: What's Up with Mortgage Rates?

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

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Nov 14 2024TECHNOLOGY

Microsoft's Upcoming Handheld: A Long Wait Ahead

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

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Nov 14 2024HEALTH

How CT Scans Can Predict Lifespan

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

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Nov 14 2024POLITICS

FBI Seizes CEO's Phone in Surprise Raid

In a sudden turn of events, the FBI showed up at the home of Polymarket's young boss, Shayne Coplan. They seized his phone but didn't arrest him. This happened just before dawn on a Wednesday in New York City. Polymarket is a betting site where people predict outcomes, such as elections. The site ha

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Nov 14 2024HEALTH

Predicting Diabetes: A New Approach for Different Groups

Early detection of people at high risk for type 2 diabetes is super important. This study looked into a new way to do this using specific biomarkers for different groups. They wanted to see how well this new method could predict who might get diabetes. Scientists know that diabetes is not one-size-

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