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meta The company won a high-profile antitrust case against the Federal Trade Commission that accused it of holding a monopoly in the social networking space. In a memorandum opinion released Tuesday, Judge James Boasberg of the U.S. District Court in Washington, D.C., said the FTC failed to prove its claims. The case, first brought by the FTC five years ago, centered on Meta’s acquisitions of Instagram and WhatsApp.”However, regardless of whether Meta enjoyed monopoly power in the past, the agency must demonstrate that it continues to possess such power in the present,” Boasberg said in the filing. “The court’s verdict…

Every weekday, Jim Cramer’s CNBC Investment Club releases the Homestretch, a practical afternoon update to coincide with the last hour of trading on Wall Street. Markets: Stocks continued their recent decline on Tuesday as mega-cap tech stocks lagged on concerns about valuations in the artificial intelligence industry. The S&P 500 index neared its fourth straight loss, marking its worst losing streak since August. Club stocks Amazon and Microsoft weighed on the market, falling 4% and 2.7%, respectively, in the afternoon. A 1.5% drop in Club Holding Nvidia didn’t help the mood either, with the release of its long-awaited earnings report…

WASHINGTON (AP) — A rate cut next month was all but certain, but it’s now more of a coin toss as Federal Reserve officials disagree sharply over the health of the economy and whether stubborn inflation or weak employment poses a greater threat. in some speeches in the past weekSome policymakers are increasingly concerned about persistent inflation in the wake of the recession. “Affordability” concerns played a major role in the election earlier this month. At the same time, another camp is more concerned about: little employment and the threat is A job market with “few jobs and few layoffs”…

A federal court majority in El Paso, Texas, found that the new maps used race to redraw congressional districts.A federal judge has ruled that newly redrawn Texas congressional districts cannot be used in next year’s 2026 midterm elections, dealing a blow to Republican efforts to tilt the race in their favor.On Tuesday, the U.S. District Court for the Western District of Texas ruled by a 2-1 majority to block the release of the map, saying the district had “substantial evidence” that “Texas has engaged in racial gerrymandering.”Recommended stories list of 3 itemsend of listAlthough partisan gerrymandering is generally legal based…

Taipei — Taiwan’s Ministry of Defense announced this week that it will distribute booklets to the island’s 23 million residents on how to withstand natural disasters, emergencies, and even Chinese aggression. The handbook, released in September, includes guidelines on what supplies to stockpile at home and in carry-on bags, as well as instructions on what to do if you encounter enemy soldiers. In the event of a military invasion, “claims that the government has surrendered or that the nation has been defeated are false,” the booklet states. Taiwan is an autonomous democracy, but China considers it its own territory. The…

World No. 1 heavyweight Lawrence Okolie has offered to spar with Jake Paul in preparation for his fight with Anthony Joshua.Okolie is a former cruiserweight world champion and also competes in the new “bridgerweight” division. He is currently the No. 1 contender in the WBC heavyweight rankings. He has known Joshua for a long time, having sparred with the former unified heavyweight world champion since the early days of his amateur career. sprayer This content is provided by sprayercookies and other technologies may be used. To view this content, you must allow cookies. You can change the settings and enable…

AI data center provider Lambda announced Tuesday that it has raised $1.5 billion in a round led by TWG Global, a relatively new $40 billion investment firm founded by billionaire Thomas Tull, former owner of Legendary Entertainment, and Mark Walter, founder and CEO of Guggenheim Partners. TWG holds various assets of the billionaire, including his stake in the Los Angeles Lakers and the new Cadillac F1 racing team. The company also has a $15 billion fund investing in AI backed by Abu Dhabi’s Mubadala Capital. TWG previously invested in a partnership with Elon Musk’s xAI and Palantir to sell AI…

No James Anderson (retired). Stuart Broad (retired) is not available. There is no Chris Woakes (retired). No Olly Robinson (ignored). No Sam Cooke (overlooked).He is not part of England’s Ash pace bowling cartel, which includes Jofra Archer, Mark Wood, Gus Atkinson, Josh Tongue, Brydon Kearse, Ben Stokes and Matthew Potts. Six of these seven seamers have clocked speeds of over 90mph in Test cricket, with Potts being the only exception. This shows what England’s attacking mode is like. Right away. That became clear when Anderson, the team’s all-time leading wicket-taker, was sent off earlier than he would have liked in…

U.S. Federal Reserve Governor Christopher Waller speaks at the C. Peter McCollough International Economic Series at the Council on Foreign Relations in New York, USA, on Thursday, October 16, 2025. Michael Nagle | Bloomberg | Getty ImagesFederal Reserve President Christopher Waller said on Monday that he is increasingly concerned about the sharp slowdown in the labor market and employment and expressed support for further interest rate cuts at the Fed’s December meeting.As divisions at the Fed deepen, Waller’s comments put him squarely in the camp of those who want monetary easing to avoid further risks to the jobs situation. Other…

Michael Nagle | Bloomberg | Getty Imagestax software provider intuition has agreed to pay OpenAI more than $100 million in a multi-year agreement to use the artificial intelligence startup’s large-scale language models to power its financial products.Intuit stock rose 3% on Tuesday.Intuit aims to upgrade its products with advanced AI agents by using OpenAI’s technology within its internal AI system, GenOS. This model works across Intuit’s TurboTax, QuickBooks, Credit Karma, and Mailchimp services.The companies are also partnering to integrate OpenAI’s ChatGPT chatbot with Intuit’s products.TurboTax users can link their Intuit account to ChatGPT to securely take care of their taxes…