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Tech company’s shares rise as it plans to reward investors after strong quarterly results ...
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Source:www.theguardian.com


Posted: 2024-04-26 07:27:00

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IMF Video: Europe: Turning the Recovery into Enduring Growth

Europe: Turning the Recovery into Enduring Growth
Play Video: Europe: Turning the Recovery into Enduring Growth


Europe has done remarkably well against a turbulent backdrop. After years of crises and their fallouts, a soft landing for the continent’s economies is within reach. Securing it will require careful calibration of macroeconomic policies. As the cyclical recovery runs its course, growth will increasingly depend on structural factors. Yet there are several formidable headwinds to growth, including weakening productivity, an aging population, and underinvestment. Navigating these headwinds to higher medium-term growth will require structural reform efforts that should begin now. For the EU, this means urgently tapping the significant potential from further European integration. Combined with complementary measures at the domestic level, these reforms would go to show once again how Europe can overcome even the most severe obstacles when acting decisively and together.   The just released IMF Regional Economic Outlook for Europe discusses the economic reform agenda needed to cope with these multiple challenges. The discussion will focus on what policymakers in Brussels and at the national level can and should do to return Europe to greater competitiveness and faster growth.    The Regional Economic Outlook will be presented by Mr. Alfred Kammer, Director of the European Department at the IMF. He will then be joined by Ms. Maria Demertzis, Senior Fellow at Bruegel, and Ms. Christiane Nickel, Deputy Director General of DG Economics at the European Central Bank, for a panel discussion moderated by Ms. Maria Tadeo, Europe Correspondent. https://www.imf.org/en/Publications/REO/EU/Issues/2024/04/05/regional-economic-outlook-europe-april-2024

Published: 15th May 2024 02:15:36   By: IMF

IMF Video: Perspectives économiques régionales : Moyen-Orient et Afrique du Nord, avril 2024

Perspectives économiques régionales : Moyen-Orient et Afrique du Nord, avril 2024
Play Video: Perspectives économiques régionales : Moyen-Orient et Afrique du Nord, avril 2024


Le conflit à Gaza et en Israël, qui provoque d’immenses souffrances humaines, s’ajoute aux difficultés existantes au Moyen-Orient et en Afrique du Nord. Explications de Jihad Azour, directeur du département Moyen-Orient et Asie centrale du FMI : https://www.imf.org/fr/Publications/REO/MECA/Issues/2024/04/18/regional-economic-outlook-middle-east-central-asia-april-2024

Published: 9th May 2024 08:57:55   By: IMF

IMF Video: Perspectives économiques régionales: Afrique Subsaharienne | Avril 2024

Perspectives économiques régionales: Afrique Subsaharienne | Avril 2024
Play Video: Perspectives économiques régionales: Afrique Subsaharienne | Avril 2024


Après quatre années mouvementées, les perspectives pour l’Afrique subsaharienne s’améliorent progressivement. La croissance va passer de 3,4 % en 2023 à 3,8 % en 2024, et près des deux tiers des pays s’attendent à une croissance plus élevée. https://www.imf.org/fr/Publications/REO/SSA/Issues/2024/04/19/regional-economic-outlook-for-sub-saharan-africa-april-2024

Published: 6th May 2024 03:47:50   By: IMF

IMF Video: Perspetivas Económicas Regionais para a África Subsariana, abril de 2024

Perspetivas Económicas Regionais para a África Subsariana, abril de 2024
Play Video: Perspetivas Económicas Regionais para a África Subsariana, abril de 2024


O ano de 2024 pode marcar um ponto de virada para a África Subsaariana após quatro anos desafiadores de choques. Projetamos que o crescimento aumente para 3,8% em 2024, frente a 3,4% no ano passado. Thibault Lemaire do FMI, apresenta a análise do nosso mais recente relatório sobre as perspectivas econômicas regionais.

Published: 1st May 2024 07:56:24   By: IMF

IMF Video: Unveiling the Global Public Finance Partnership: First Partners, First Projects

Unveiling the Global Public Finance Partnership: First Partners, First Projects
Play Video: Unveiling the Global Public Finance Partnership: First Partners, First Projects


This event announces the first contributions to the Global Public Finance Partnership (GPFP) and initial workplan. Launched in 2024, the GPFP will assist in fostering good policies and strong management of member countries’ public resources by combining the IMF’s leading expertise on public revenue and spending. The GPFP aims to support the G20’s call to boost domestic resource mobilization, as stressed in the Managing Director’s Global Policy Agenda presented in October 2023. It will primarily support low-income developing countries and fragile and conflict-affected states in boosting domestic resource mobilization and managing public spending more effectively. https://www.imfconnect.org/content/imf/en/annual-meetings/calendar/open/2024/04/18/183460.html

Published: 30th Apr 2024 06:26:33   By: IMF

World Economic Forum Video: Tinder Swindler: how 'romance fraud' became a multi-billion dollar cybercrime

Tinder Swindler: how
Play Video: Tinder Swindler: how 'romance fraud' became a multi-billion dollar cybercrime


The Netflix documentary 'The Tinder Swindler' is a mind-boggling case of so-called 'romance fraud' in which a charming, handsome - and apparently very rich - man meets women on a dating app - gets them to fall in love with him - and then cons them out of lots of money. Cecilie Fjellhøy is the Norwegian woman at the centre of the documentary whose life was torn apart by the actions of a conman. A survivor of romance fraud on a grand scale, she now advocates for the rights of, and support for, others who find themselves in similar grim circumstances. We also hear from Sean Doyle, who works at the World Economic Forum’s Centre for Cybersecurity, on just how widespread romance fraud really is, why it’s a multinational, multi-billion form of cyber crime, and what is being done to combat it. Links: Centre for Cybersecurity: wef.ch/cybersecurity (https://wef.ch/cybersecurity) Cybercrime Atlas: https://initiatives.weforum.org/cybercrime-atlas/ Cecilie Fjellhøy (https://www.ceciliefjellhoy.com/) 's organisation LoveSaid: https://www.lovesaid.org/ The Tinder Swindler documentary: Related podcasts: Global Risks Report: the big issues facing leaders at Davos 2024 (https://www.weforum.org/podcasts/radio-davos/episodes/global-risks-report-davos-2024/) Ransomware and ransom-war: why we all need to be ready for cyber attacks (https://www.weforum.org/podcasts/radio-davos/episodes/cybersecurity/) Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) : YouTube: (https://www.youtube.com/@wef/podcasts) - https://www.youtube.com/@wef/podcasts Radio Davos (https://www.weforum.org/podcasts/radio-davos) - subscribe (https://pod.link/1504682164) : https://pod.link/1504682164 Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) - subscribe (https://pod.link/1534915560) : https://pod.link/1534915560 Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) - subscribe (https://pod.link/1574956552) : https://pod.link/1574956552 Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub

Published: 16th May 2024 04:24:32   By: World Economic Forum

World Economic Forum Video: Banking Uplifts Women in Pakistan & World's Busiest Airports | WEF | Top Stories of the Week

Banking Uplifts Women in Pakistan & World
Play Video: Banking Uplifts Women in Pakistan & World's Busiest Airports | WEF | Top Stories of the Week


This week's top stories of the week include: 0:15 Banking uplifts women in Pakistan – Pakistan has a large gender gap in financial inclusion. 47% of men have at least one registered financial account but just 13% of women. Even for those with an account, banking can be prohibitively time-consuming, especially for women who are running a business alongside a household. Now a new kind of digital banking service is helping to close this gap. 2:23 World's busiest airports revealed – The world's busiest airports in 2023 were dominated by the United States, with five airports cracking the top 10. Overall, global airports saw a significant rebound in 2023, handling a total of 8.5 billion trips. 4:39 WMO: Asia hardest hit by climate – In 2023, Asia saw a wave of extreme weather events from floods to cyclones. World Economic Forum Head of Climate Adaptation Eric White explains why climate change is making extreme weather more likely. 7:07 Saving Earth with space science – Simonetta Di Pippo says that space is already helping tackle the greatest challenges on Earth. Satellite connectivity is improving our management of disasters and powering digital transformation. Which is revolutionizing sectors from healthcare to education, retail and communication. _____________________________________________ The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum

Published: 13th May 2024 03:03:05   By: World Economic Forum

World Economic Forum Video: Special Meeting 2024: The Role of New Nuclear

Special Meeting 2024: The Role of New Nuclear
Play Video: Special Meeting 2024: The Role of New Nuclear


Nuclear energy is part of the solution to meeting the growing demand for green power, with innovations from small modulator reactors to fusion providing opportunities beyond existing power plants. What is the enabling environment needed to support the commercial viability of new nuclear solutions? This is the full audio from a session at the Special Meeting on Global Collaboration, Growth and Energy for Development in Riyadh on 29 April, 2024. Watch it here: https://www.weforum.org/events/special-meeting-on-global-collaboration-growth-and-energy-for-development-2024/sessions/the-role-of-new-nuclear/ Catch up on all the action from the Special Meeting on Global Collaboration, Growth and Energy for Development at wef.ch/specialmeeting24 (http://wef.ch/specialmeeting24) and across social media using the hashtag #specialmeeting24. Speakers: Shunichi Miyanaga, Chairman of the Board, Mitsubishi Heavy Industries, Ltd. Rafaela Guedes, Senior Fellow, Brazilian Centre for International Relations (CEBRI) Kirsty Gogan, Founding Director and Co-Chief Executive Officer, TerraPraxis Kam Ghaffarian, Co-Founder and Executive Chairman, Axiom Space, Inc. Cosmin Ghita, Chief Executive Officer, Societatea Nationala Nuclearelectrica SA Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) : YouTube: (https://www.youtube.com/@wef/podcasts) - https://www.youtube.com/@wef/podcasts Radio Davos (https://www.weforum.org/podcasts/radio-davos) - subscribe (https://pod.link/1504682164) : https://pod.link/1504682164 Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) - subscribe (https://pod.link/1534915560) : https://pod.link/1534915560 Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) - subscribe (https://pod.link/1574956552) : https://pod.link/1574956552 Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub

Published: 13th May 2024 08:05:10   By: World Economic Forum

World Economic Forum Video: Spatial computing: why the future of the internet is 3D

Spatial computing: why the future of the internet is 3D
Play Video: Spatial computing: why the future of the internet is 3D


'Spatial computing', 'blended reality', 'the metaverse'. For those of us who still use screens and keyboards to access the digital world, those phrases might not mean very much. But many experts believe the '2D' internet will soon be a thing of the past, and we will all be, one way or another, in a 3D metaverse. With Apple's Vision Pro headset renewing interest in virtual reality, we speak to two proponents of the metaverse who see both huge opportunities and significant risks. Guests: Yonatan Raz-Fridman, CEO of Supersocial and host of the podcast “Into the Metaverse” (https://www.intometamedia.com/) Brittan Heller, lecturer on International Law, Technology, and Human Rights, Stanford University. Links: Centre for the Fourth Industrial Revolution: https://centres.weforum.org/centre-for-the-fourth-industrial-revolution/home Metaverse Identity: Defining the Self in a Blended Reality: https://www.weforum.org/publications/metaverse-identity-defining-the-self-in-a-blended-reality/ Navigating the Industrial Metaverse: A Blueprint for Future Innovations: https://www.weforum.org/publications/navigating-the-industrial-metaverse-a-blueprint-for-future-innovations/ Related podcasts: Meeting in the metaverse: Actor Rainn Wilson joins us on the virtual polar ice (https://www.weforum.org/podcasts/radio-davos/episodes/global-collaboration-village-climate-tipping-points-hub-metaverse-rainn-wilson/) What 20 years of Second Life can teach us about the future of the metaverse (https://www.weforum.org/podcasts/radio-davos/episodes/metaverse-philip-rosedale-second-life/) Not just for gamers: how the metaverse might impact your life (https://www.weforum.org/podcasts/radio-davos/episodes/metaverse-applications-social-impact/) Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) : YouTube: (https://www.youtube.com/@wef/podcasts) - https://www.youtube.com/@wef/podcasts Radio Davos (https://www.weforum.org/podcasts/radio-davos) - subscribe (https://pod.link/1504682164) : https://pod.link/1504682164 Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) - subscribe (https://pod.link/1534915560) : https://pod.link/1534915560 Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) - subscribe (https://pod.link/1574956552) : https://pod.link/1574956552 Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub

Published: 9th May 2024 06:26:45   By: World Economic Forum

World Economic Forum Video: Special Meeting 2024: AI Powered Industries

Special Meeting 2024: AI Powered Industries
Play Video: Special Meeting 2024: AI Powered Industries


AI-powered models, which are rapidly developing in capacity and scale, are expected to disrupt companies' operating and business models. What are the near-term use cases and long-term moonshot opportunities for AI to fundamentally reshape industrial ecosystems? This is the full audio from a session at the Special Meeting on Global Collaboration, Growth and Energy for Development in Riyadh on 29 April, 2024. Watch it here: https://www.weforum.org/events/special-meeting-on-global-collaboration-growth-and-energy-for-development-2024/sessions/ai-powered-industries/ Speakers: Vijay Vaitheeswaran, Editor, Global Energy and Climate Innovation, The Economist Simon Freakley, Chief Executive Officer, AlixPartners Robert Falck, Founder and Chief Executive Officer, Einride AB Jean-Pascal Tricoire, Chairman, Schneider Electric SE Cheryl Cui, Co-Founder and Chief Executive Officer, Bota Biosciences Abdulla Adel Fakhro, Minister of Industry and Commerce, Ministry of Industry and Commerce of Bahrain Catch up on all the action from the Special Meeting on Global Collaboration, Growth and Energy for Development at wef.ch/specialmeeting24 (http://wef.ch/specialmeeting24) and across social media using the hashtag #specialmeeting24. Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) : YouTube: (https://www.youtube.com/@wef/podcasts) - https://www.youtube.com/@wef/podcasts Radio Davos (https://www.weforum.org/podcasts/radio-davos) - subscribe (https://pod.link/1504682164) : https://pod.link/1504682164 Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) - subscribe (https://pod.link/1534915560) : https://pod.link/1534915560 Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) - subscribe (https://pod.link/1574956552) : https://pod.link/1574956552 Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub

Published: 6th May 2024 05:51:24   By: World Economic Forum

Economic Video: Dow rises to 40,000 for the first time

Dow rises to 40,000 for the first time
Play Video: Dow rises to 40,000 for the first time


CNBC's Carl Quintanilla and Leslie Picker discuss a new milestone for equity markets.

Published: 16th May 2024 03:15:52   By: CNBC Television

Economic Video: Walmart's earnings report gave shareholders exactly what they hoped for, says UBS' Michael Lasser

Walmart
Play Video: Walmart's earnings report gave shareholders exactly what they hoped for, says UBS' Michael Lasser


Michael Lasser, UBS retail analyst, joins 'Squawk on the Street' to discuss what markets are keying in on with Walmart's quarterly earnings results, if the company can reach its growth target, and more.

Published: 16th May 2024 04:12:17   By: CNBC Television

Economic Video: JPMorgan CEO Jamie Dimon on Inflation, Markets, Fed, China, India

JPMorgan CEO Jamie Dimon on Inflation, Markets, Fed, China, India
Play Video: JPMorgan CEO Jamie Dimon on Inflation, Markets, Fed, China, India


JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon talks about the impact of inflation and high interest rates on the US economy. He also talks about the US relationship with China, regulations, and doing business in India. He spoke with Francine Lacqua at the JPMorgan Global Markets Conference in Paris. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Published: 16th May 2024 03:23:07   By: Bloomberg Television

Economic Video: Why Has the 'Roaring Kitty' Meme Stock Rally Fizzled?

Why Has the
Play Video: Why Has the 'Roaring Kitty' Meme Stock Rally Fizzled?


The meme stock run that added about $11 billion in value to GameStop and AMC Entertainment in the first two days of the week faltered Wednesday, wiping out a chunk of the gains. The latest rally was spurred by the return to social media by Keith Gill, who drove the meme-stock mania of 2021 under the moniker “Roaring Kitty.” Bloomberg's Charlie Wells has the latest. Get up to speed with the most important business & markets news each morning: https://bit.ly/3V2qwLW -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Published: 16th May 2024 08:45:03   By: Bloomberg Television

Economic Video: Meta slapped with EU investigation into child safety protocol

Meta slapped with EU investigation into child safety protocol
Play Video: Meta slapped with EU investigation into child safety protocol


#meta #eu #childsafety #yahoofinance Meta (META) is under pressure after the European Union announced a formal investigation into its Facebook and Instagram platforms, citing child safety concerns. Yahoo Finance's Alexis Keenan reports more on the story and what it could mean for the tech giant's future. The EU's Digital Services Act, which establishes online content guidelines for children, was enacted last year. The act is fueling the Meta probe, where investigators will zero in on three concerns: the first concern is whether the platforms' algorithms may stimulate behavioral addictions in children. The second concern involves Meta's age verification processes. Finally, the investigation will determine whether the company is compliant in submitting its plans to mitigate child safety issues across its platforms. Meta told Yahoo Finance, "We want young people to have safe, age-appropriate experiences online and have spent a decade developing more than 50 tools and policies designed to protect them. This is a challenge the whole industry is facing, and we look forward to sharing details of our work with the European Commission." The fines for violations are hefty, running up to 6% of annual revenues for the company. In 2023, Meta had approximately $135 billion in revenue, so a potential fine could run the company about $8 billion. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl Yahoo Finance: Market Coverage, Stocks, & Business News About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

Published: 16th May 2024 03:00:19   By: Yahoo Finance

Business Video: Trump Media’s accounting firm charged with ‘massive fraud’

Trump Media’s accounting firm charged with ‘massive fraud’
Play Video: Trump Media’s accounting firm charged with ‘massive fraud’


BF Borgers, Trump Media & Technology Group’s independent accounting firm, was charged by the Securities and Exchange Commission with widespread fraud and accused of operating a “sham audit mill.” The SEC made no allegation of wrongdoing against Truth Social owner Trump Media (DJT), which is not mentioned in the charges from the regulator. #CNN #News

Published: 3rd May 2024 06:09:26   By: CNN

Business Video: Forbes editor predicts Trump stock prices could fall another 90%

Forbes editor predicts Trump stock prices could fall another 90%
Play Video: Forbes editor predicts Trump stock prices could fall another 90%


Trump Media & Technology Group’s stock is tumbling again after the company announced a potentially massive new influx of shares. Forbes editor Dan Alexander reacts. #CNN #News

Published: 16th Apr 2024 12:30:13   By: CNN

Business Video: Boeing 737-800 engine cover falls off during Southwest flight

Boeing 737-800 engine cover falls off during Southwest flight
Play Video: Boeing 737-800 engine cover falls off during Southwest flight


A Houston-bound Boeing 737-800 plane operated by Southwest Airlines returned safely to Denver International Airport on Sunday after an engine cover fell off and struck the wing flap, according to the Federal Aviation Administration. The agency said it will investigate. In recorded air traffic control audio, one of the pilots said that “several passengers and flight attendants heard something loud hit the wing.” In a statement to CNN, Southwest said passengers would take another plane to Houston and would be approximately three hours behind schedule. “We apologize for the inconvenience of their delay but place our highest priority on ultimate Safety for our Customers and Employees,” the statement said. Southwest said no injuries were reported. Boeing declined to comment and referred CNN to Southwest for information about plane and fleet operations. #boeing #CNN #News

Published: 8th Apr 2024 12:10:48   By: CNN

Business Video: Ne-Yo on AI impact on music: 'How is it creative to mimic me?'

Ne-Yo on AI impact on music:
Play Video: Ne-Yo on AI impact on music: 'How is it creative to mimic me?'


Grammy award-winning artist Ne-Yo joins CNN's Laura Coates to discuss the impact of artificial intelligence on the music industry. #CNN #News

Published: 5th Apr 2024 11:00:07   By: CNN

Business Video: Fallon rips Trump’s Truth Social stock plunge

Fallon rips Trump’s Truth Social stock plunge
Play Video: Fallon rips Trump’s Truth Social stock plunge


Late night host Jimmy Fallon poked fun at former President Donald Trump after shares of stocks in his social media platform, Truth Social, plunged over an SEC filing that revealed the company lost millions in revenue in 2023. #cnn #news

Published: 2nd Apr 2024 09:56:55   By: CNN

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Thu, 16 May 2024 05:00:00 GMT We initiated a new position in Alphabet/ Google. Why do we think that the stock is put unfairly in the GenAI loser bucket? Click here to find out.

Google Advances AI Integration, While Apple May Partner with OpenAI to Enhance Siri, Analysts Say

Wed, 15 May 2024 12:44:00 GMT Analysts reaffirmed Outperform/Overweight/Buy on Alphabet with price targets ranging from $182-$215, citing AI initiatives and integrations at Google I/O.

Google Is 6 Months Behind ChatGPT-Parent OpenAI In Artificial Intelligence But 'About 5 Years Ahead Of Everyone Else,' Says Gene Munster

Tue, 14 May 2024 18:20:30 GMT Google‘s parent company, Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), is making significant strides in artificial intelligence, according to a top analyst. What Happened: Gene Munster, a tech analyst ...

Google parent Alphabet unveils beefed-up AI chatbot Gemini as competition heats up

Tue, 14 May 2024 12:14:00 GMT The new AI features will help investors evaluate Alphabet’s progress as it races against Microsoft, OpenAI and other competitors to dominate the emerging technology.


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