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TikTok cooperates closely with EU probe into Romania election interference

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TikTok is being “extremely cooperative” with the European Commission’s investigation into potential interference in Romania’s 2024 presidential election, a Commission spokesperson said. The probe focuses on whether the platform failed to adequately limit election-related risks under EU digital rules. European Commission spokesperson Thomas Regnier said TikTok had engaged constructively with regulators and had already implemented […]

AMD falls as dour forecast shows cracks in AI trade

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Shares of Advanced Micro Devices slid after the chipmaker issued a cautious quarterly sales outlook, reviving investor concerns about its ability to challenge AI leader Nvidia. AMD forecast first-quarter revenue of about $9.8 billion, slightly above expectations but down from the prior quarter, signaling uneven momentum in its AI-driven growth. The reaction came amid broader […]

US senators unveil bill to curb scam ads on social media platforms

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Two U.S. senators have introduced bipartisan legislation aimed at forcing social media platforms to take greater responsibility for fraudulent advertising. Senators Ruben Gallego and Bernie Moreno said the proposed Safeguarding Consumers from Advertising Misconduct Act, or SCAM Act, would require platforms to take “reasonable steps” to prevent scam ads or face enforcement by the Federal […]