How the Fed's new instant money program could lead to another regional banking crisis
FedNow is coming...now-ish. And that means money transfers are expected to get a whole lot faster.
2023-07-10 20:18
Lori Vallow verdict – latest: ‘Doomsday cult mom’ indicted in Arizona murder conspiracy after Idaho convictions
“Doomsday cult mom” Lori Vallow has been indicted by a grand jury in Maricopa County, Arizona, for conspiracy to commit the murder of Brandon Boudreaux more than a year ago. The development comes just days after Vallow, 49, was found guilty of first-degree murder, conspiracy and grand theft over the deaths of her daughter Tylee Ryan, 16, son Joshua “JJ” Vallow, seven, and of conspiracy to murder Tammy Daybell, 49, her new husband Chad Daybell’s first wife, in Ada County Courthouse in Boise, Idaho. Tylee and JJ were last seen in September 2019. In June 2020, their remains were found buried in a pet cemetary on the Daybell property. Tammy died one month after their disappearance in October 2019. Over six weeks, prosecutors argued that Vallow conspired with Mr Daybell and her brother Alex Cox to kill the three victims, motivated by greed and their doomsday cult beliefs. On Friday 12 May, jurors convicted her on all charges. She will be sentenced within 90 days’ time, where she faces life in prison. Judge Steven Boyce has now ordered a pre-sentence investigation to look into Vallow’s background including prior criminal record, social history, health, education and employment records. Read More Lori Vallow’s nephew-in-law says she’s not ‘inherently evil’ as she faces new charges for his attempted murder ‘Cult mom’ Lori Vallow appears to smirk in new mugshot after murder conviction Lori Vallow had two alleged accomplices in her children’s murders. One will never face justice Who is Lori Vallow? Mom-of-three, beauty queen – and now convicted killer
2023-05-17 18:47
Amazon is accused of enrolling consumers into Prime without consent and making it hard to cancel
The Federal Trade Commission is suing Amazon for what it calls a years-long effort to enroll consumers without consent into its Prime program and making it difficult for them to cancel their subscriptions
2023-06-21 23:49
Stay inside as dangerous stormy weather lashes northern Europe, officials say. 2 people have died
Officials in northern Europe are warning people to stay inside as stormy weather batters the region
2023-08-08 17:16
Beijing to host global gathering as Xi Jinping lays out China's vision
Chinese leader Xi Jinping is gathering world leaders in Beijing this week for a high profile forum with a clear set of goals: laud China's role backing economic development over the past decade and project its expanding ambitions as an alternative global leader to the United States.
2023-10-16 07:47
A Black student’s family sues Texas officials over his suspension for his hairstyle
The family of a Black high school student in Texas has filed a federal civil rights lawsuit against the state’s governor and attorney general over being suspended by his school district for his hairstyle
2023-09-24 00:52
Andrew Tate's vaping views continue to divide fans after UFC star Sean O’Malley’s remark: ‘The hypocrisy is crazy’
Andrew Tate and Sean O'Malley's views on vaping left netizens divided
2023-07-23 16:47
Russia launches first Moon mission in nearly 50 years
Russia launched its first probe to the Moon in almost 50 years on Friday, a mission designed to give fresh impetus to its space sector, which has been struggling for years and...
2023-08-11 08:22
Meta sued over ‘open secret’ of ‘pursuing’ and signing up millions of underage users
Facebook‘s parent company Meta disabled only a small fraction of the over one million reports it received of underage users on Instagram since early 2019, a lawsuit filed by 33 US states reportedly said. The newly unsealed legal complaint accused the tech giant of carrying an “open secret” that it had millions of users under the age of 13, and that Instagram “routinely continued to collect” their personal information such as location without parental permission. The complaint stated that within the company, Meta’s actual knowledge that millions of Instagram users were under the age of 13 was an “open secret” that was routinely documented, rigorously analyzed and confirmed, and zealously protected from disclosure to the public, according to a New York Times report. Last month, attorneys general from 33 states, including New York’s AG Letitia James, filed a lawsuit against Meta alleging that the tech giant designed harmful features contributing to the country’s youth mental health crisis. The lawsuit alleged Meta created addictive and “psychologically manipulative” features targeting young people while assuring the public falsely that the platform was safe to use. “Meta has profited from children’s pain by intentionally designing its platforms with manipulative features that make children addicted to their platforms while lowering their self-esteem,” Ms James said. Meta’s spokesperson responded to the lawsuit, saying that the company was committed to providing teens with “safe, positive experiences online,” and that it had already introduced “over 30 tools to support teens and their families” such as age verification and preventing content promoting harmful behaviours. “We’re disappointed that instead of working productively with companies across the industry to create clear, age-appropriate standards for the many apps teens use, the attorneys general have chosen this path,” the spokesperson added. However, a significant portion of the evidence provided by the states was obscured from public view via redactions in the initial filing. The new unsealed complaint filed last week provided fresh insights from the lawsuit, including the accusation that Instagram “coveted and pursued” underage users for years and that Meta “continually failed” to make effective age-checking systems a priority. The lawsuit reportedly argued that Meta chose not to build effective systems to detect and exclude underage teen users, viewing them as a crucial next generation demographic it needed to capture. It also accused the tech giant of “automatically” ignoring some reports of under 13 users and allowing them to continue using the platform while knowing about such cases via the company’s internal reporting channels. The company responded that the now publicly revealed complaint “mischaracterizes our work using selective quotes and cherry-picked documents.” It said verifying the ages of its users was a “complex” challenge especially with younger people who likely do not have IDs or licenses. Meta recently said it supports federal legislation requiring app stores to get parents’ approval whenever their teens under 16 download apps. “With this solution, when a teen wants to download an app, app stores would be required to notify their parents, much like when parents are notified if their teen attempts to make a purchase,” the company said. “Parents can decide if they want to approve the download. They can also verify the age of their teen when setting up their phone, negating the need for everyone to verify their age multiple times across multiple apps,” it said. The tech giant holds that the best solution to support young people is a “simple, industry-wide solution” where all apps are held to the same standard. “By verifying a teen’s age on the app store, individual apps would not be required to collect potentially sensitive identifying information,” Meta recently said. Read More Russia places Meta spokesperson on wanted list Meta to allow users to delete Threads accounts without losing Instagram Nasa has received a signal from 10 million miles away Nasa has received a signal from 10 million miles away Elon Musk set to meet Netanyahu and hostage families in Israel Elon Musk weighs in on Dublin riots claiming country’s PM ‘hates the Irish people’
2023-11-27 13:51
China's top diplomat visits Washington to help stabilize ties and perhaps set up a Biden-Xi summit
China’s top diplomat is meeting high-level U.S. officials, possibly including President Joe Biden, on a highly watched visit to Washington
2023-10-27 12:26
General Dynamics quarterly profit falls on higher operating expenses
(Reuters) -Gulfstream jet maker General Dynamics reported a lower quarterly profit on Wednesday, due to higher operating expenses amid expensive
2023-10-25 19:18
Ukraine Recap: Putin Makes Surprise Visit to Southern Army HQ
Vladimir Putin made an unannounced visit to the headquarters of Russia’s Southern Military District - in Rostov-on-Don near
2023-11-10 16:26
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