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The European Union has launched a major investigation into Meta, the parent company of Facebook, over alleged breaches of the bloc’s strict online content law related to child safety risks. The European Commission, the EU’s executive body, has expressed concerns that Meta’s Facebook and Instagram platforms may be stimulating behavioral addictions in children and creating
Walmart just released its quarterly earnings report, and the results exceeded expectations. The discounter reported higher earnings per share and revenue figures compared to what Wall Street had estimated. This positive performance can be attributed to significant e-commerce gains, the success of newer businesses like advertising, and attracting more high-income shoppers. One of the driving
The 2024 Cannes Film Festival kicked off with Quentin Dupieux’s The Second Act, starring Léa Seydoux and Louis Garrel. The buzz surrounding the opening-night film set the tone for what promises to be an exciting lineup of screenings, premieres, and events. This year’s festival boasts a star-studded lineup of major Hollywood premieres, including Furiosa: A
The recent surge in Dell shares by over 9% to an all-time high can be attributed to Morgan Stanley’s optimistic outlook on the company’s future. Analyst Erik Woodring raised Dell’s price target and highlighted the growing demand for artificial intelligence servers as a key driver of sales. According to Woodring, Dell is gaining momentum, particularly