Author: Anthony M. Orbison

Snapchat failed to act on “rampant” reports of child grooming, sextortion and other dangers to minors on its platform, according to a newly unredacted complaint against the company filed by New Mexico’s attorney general. Attorney General Raúl Torrez filed the original complaint on Sept. 4, but internal messages and other details were heavily redacted. Tuesday’s filing unveils internal messages among Snap Inc. employees and executives that provide “further confirmation that Snapchat’s harmful design features create an environment that fosters sextortion, sexual abuse and unwanted contact from adults to minors,” Torrez said in a news release. For instance, former trust and safety…

By Sinéad Carew and Yoruk Bahceli (Reuters) -MSCI’s global equities index fell with Treasury yields on Tuesday as investors shied away from riskier assets while oil futures rallied on concerns about supply after Iran launched missiles at Israel. However Wall Street stocks ended above their session lows and Treasuries yields also pared declines on hopes that further escalation of the Middle East conflict was not imminent. Earlier on Tuesday, Iran fired a salvo of ballistic missiles at Israel in retaliation for Israel’s campaign against Tehran’s Hezbollah ally in Lebanon. The United States condemned Iran’s move and said it was consulting…

DIA has a strongly bullish structure and high buying pressure. The rejection from the weekly resistance and the 16% drop meant the market could be overextended. Decentralized Information Asset [DIA] has rocketed higher on the price charts. Since the 29th of September, the token has gained 68% and the trade volume on Monday was sixteen times its volume on the 28th of September. The token ran into a resistance zone on the weekly chart after these huge gains. The Bitcoin [BTC] move has aided DIA’s sentiment. Should long-term holders cash out, or wait for greater gains? The case for a…

By Jamie McGeever(Reuters) – A look at the day ahead in Asian markets.The final quarter of the year is under way, and the sense of caution that characterized its open on Tuesday could not be further removed from the ebullience and optimism that marked the end of the third quarter 24 hours earlier.Investors fled risky assets like stocks for the safety of U.S. Treasuries, gold and the dollar as Iran fired a salvo of ballistic missiles at Israel on Tuesday in retaliation for Israel’s campaign against Tehran’s Hezbollah allies in Lebanon.The S&P 500 and global stocks had their worst day…

After CVS Health  (CVS) recently revealed in its latest earnings report that it has been struggling with shrinking profits in multiple areas of its business, the company revealed a major cost-cutting move, and it may consider making other harsh changes in the future. The pharmacy chain said that it will lay off 2,900 workers nationwide, less than 1% of its workforce, as it invests in technologies that improve workflow.Don’t miss the move: Subscribe to TheStreet’s free daily newsletter“We’ve embarked on a multi-year initiative to deliver $2 billion in cost savings by reducing expenses and investing in technologies to enhance how…

Shiba Inu is one of the most iconic coins in the meme coin domain. The token’s 2021 price set hope for the future of the cryptocurrency realm, with investors seeing SHIB and Dogecoin as the future of meme coins. Currently, Shiba Inu (SHIB) is down by nearly 71% from its all-time high of $0.00008616, which it attained in October 2021. With the asset’s growth over the last calendar year, could SHIB ever reach that high again, and if so, when?2020 and 2021 were the golden years for Shiba Inu. $1 million and more was paid out to early investors who…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseFor the past year, the Biden administration has struggled to prevent a regional war in the Middle East, fearing that it might draw in the US or wreak havoc on the world economy.This policy is now very close to failing. For the second time this year, Iran has fired missiles at Israel, and the US has helped Israel to shoot the missiles down. Jake Sullivan, the US national security adviser, has promised that there will be “severe consequences” for…

By Nichola Groom (Reuters) -The U.S. Commerce Department on Tuesday announced anti-subsidy countervailing duties on solar cells imported by companies in Vietnam, Cambodia, Malaysia and Thailand that were lower than some expected for several major Chinese producers. The announcement is the first of two preliminary decisions expected by the Commerce Department this year in a trade case brought by South Korea’s Hanwha Qcells, Arizona-based First Solar (NASDAQ:) and several smaller companies seeking to protect billions of dollars in investments in U.S. solar manufacturing. The group, called the American Alliance for Solar Manufacturing Trade Committee, accused Chinese companies with factories in…

A brand new Ethereum (ETH)-based “restaking” protocol is debuting to a huge valuation after gaining Coinbase support. According to Coinbase, the top US-based crypto exchange by trading volume listed Eigenlayer (EIGEN) yesterday. “Coinbase will add support for EigenLayer (EIGEN) on the Ethereum network (ERC-20 Token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on Coinbase in the regions where trading is supported.” Eigenlayer aims to allow users to reuse their staked ETH or other Liquid Staking Tokens (LSTs) to secure Eigenlayer ecosystem decentralized applications (DApps). The approach attempts…

Less than a month after Donald Trump and Kamala Harris took to the stage for what might be their only debate of the 2024 election, their running mates take the spotlight Tuesday night. While the vice-presidential debate is often a less-watched event, this year might be different, given the surge of interest in both JD Vance and Tim Walz and the tight race between Harris and Trump. Any edge could be enough to put a candidate in the White House as the campaign enters the home stretch, especially with early voting underway. Got questions about tonight’s debate? We’ve got answers.…