The lead committee in the European Parliament writing new rules passed measures Monday that could set major restrictions on the way giant technology companies handle content.
The rules, according to a person familiar and copies of the votes that were viewed by Bloomberg, would curtail targeting ads to minors and completely ban so-called “dark patterns,” where platforms push pe…
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On the night of Jan. 17, a line of people began to form on Colonial Drive in Orlando, Fla. They weren’t waiting to enter a nightclub or a concert, but to be the first customers of a branch of Philippine fried chicken chain Jollibee opening the next day. It was a similar scene to when Jollibee’s flagship U.S. store opened in August 2022 at Times Square in Manhattan.
To some, th…
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Elon Musk has long argued that the user-verification system on Twitter is broken. But since taking over the company last week, there have been contradictory reports on how, exactly, he intends to improve upon it. On Tuesday, he wrote on Twitter that he planned to charge $8 a month to become a verified Twitter user, known as a “blue check”—but many questions remain.
Here…
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Fifty years ago, journalist Bob Woodward descended into a dark underground parking lot in Arlington, Virginia, for a rendezvous far too sensitive to be carried out over the phone. His covert meetings with a government source—later immortalized as …
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LONDON — Financier and philanthropist Jacob Rothschild, of the renowned Rothschild banking dynasty, has died at 87, his family said Monday.
Rothschild began his career in the family bank, NM Rothschild & Sons, in 1963, before breaking away to start businesses and charitable organizations. His family paid tribute to him in a statement.
“Our father Jacob was a towering presenc…
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CEOs know they have a tough road ahead. Many issues they’ve faced over the past two years—remote work, supply chain backups, product shortages, inflation—will likely subside with the pandemic or soon after, the labor shortage they̵…
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Say goodbye to the housing bull run. U.S. home prices—for the first time in a decade—are falling.
A national measure of prices in 20 large c…
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A version of this article was published in TIME’s newsletter Into the Metaverse. Subscribe for a weekly guide to the future of the Internet. You can find past issues of the newsletter here.
Chris Adamo considers himself late to the game when it comes to investing in NFTs, or non-fungible tokens. He collected his first one in summer 2021. But when it comes to b…
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A resurfaced clip of a phone-in radio show featuring a millennial couple seeking help tackling their nearly $1 million debt burden has prompted conversations about the rising levels of personal debt many Americans are facing.
Household debt in the U.S. reached $16.9 trillion by the end of last year, according to Federal Reserve Bank of New York data. A 2019 Federal Reserve survey found t…
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