Amazon is increasing wages for its hourly warehouse workers and offering them a free Prime subscription as a new perk. The average starting pay for front-line employees in the U.S. will now be over $22 an hour, up from $20.50. Employees will also receive a Prime subscription, which costs $140 a year, as part of…
The European Union’s second-highest court has ruled in favor of Google, saying that the $1.7 billion fine imposed by regulators should be annulled. The case originated in 2019 when the European Commission accused Google of abusing its market dominance in relation to its AdSense for Search product. The Commission alleged that Google had imposed restrictive…
The new Apple Watch Series 10 has some great new features that make it appealing to both first-time buyers and those looking to upgrade. The improved charging speed, larger screens, new speakers, and option to detect sleep apnea are all highlights. The move to titanium on higher-end models is also a nice touch. However, the…
Meta, the parent company of Instagram, is introducing “teen accounts” with stricter privacy settings for teenagers. These accounts will only allow messaging, tagging, and mentions from people they follow. The company aims to address child safety concerns on its platform, including issues like suicides and exploitation. The rollout of these new accounts will not be…
Former President Donald Trump and his family have been promoting a new cryptocurrency project called World Liberty Financial, which promises to be a crypto banking platform. The project is set to launch in 50 days, with Trump’s sons heavily involved in the venture. The project’s founders include Trump, his sons, and his friend Steve Witkoff….
Meta, the parent company of social media platforms like Facebook and Instagram, has announced that it is banning Russian media outlet RT from its apps globally. This move comes after the Biden administration accused RT of acting as an arm of Moscow’s spy agencies and carrying out covert information warfare operations around the world. The…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. On Monday, stocks were mostly lower after a strong rally the previous week. The Federal Reserve is expected to announce an interest rate cut, with Home Depot and Eaton highlighted as potential beneficiaries. Apple shares dropped due…
Customers in New Delhi may be interested to know that Samsung, Xiaomi, and other smartphone companies have been accused of colluding with Amazon and Flipkart to exclusively launch products on their Indian websites, violating antitrust laws. The Competition Commission of India found that these companies gave preference to select sellers, prioritized certain listings, and offered…
Even though there has been a shift away from large tech stocks, investing in thematic tech exchange-traded funds like the Roundhill Generative AI & Technology ETF (CHAT) may still be a good idea. The fund has seen a 13.8% increase this year and is performing well despite recent volatility. It holds companies like Nvidia, Microsoft,…
Elon Musk, the CEO of Tesla Inc., is facing legal issues in Brazil as the supreme court ordered funds to be transferred from his social network, X, and Starlink accounts to pay fines. The court found that X violated Brazilian law by not appointing a legal representative in the country and allowing harmful content on…