Monthly Archives: October 2022

India to create committees with veto power over social media content moderation

India will set up grievance committees with the veto power to reverse content moderation decisions of social media firms, it said today, moving ahead with a proposal that has rattled Meta, Google and Twitter. The panels, called Grievance Appellate Committee, will be created within three months, it said. In an amendment to the nation’s new…

8 new movies and TV shows on Netflix, Prime Video, HBO Max and more this weekend (October 28)

Hold the front page! We’ve upped our usual seven streaming recommendations to eight this week, such is the frequency with which Netflix, Prime Video, HBO Max and the rest are dropping new movies and TV shows for viewers to enjoy.  It’s a prolific few days on Netflix, in particular, with Guillermo Del Toro’s Cabinet of…

Microsoft: don’t reset your Server Manager disk, you could lose all your data

Microsoft has acknowledged an issue with its Server Manager management console, causing IT admins to inadvertently wipe the wrong virtual disks, potentially erasing important data from company servers. Describing the issue in a support document, the company said: “when you use the Community Virtual driver, there are virtual disks that might have the same UniqueId….

Mastercard and Visa Q3 volumes lifted by stronger travel spending despite tighter economic conditions

The news: The two largest US card networks reported slower payments volume growth in Q3 than the same period a year ago, when the post-lockdown spending boom turbocharged volume gains. Mastercard’s Q3 gross dollar volume (GDV) increased 11% year over year (YoY) in Q3, compared with a 20% YoY jump in Q3 2021.Visa’s payments volume grew 10% YoY on…

Student-loan borrowers could see their debt canceled ‘in the next two weeks,’ Biden says — but the fate of the relief still sits in a conservative court

U.S. President Joe Biden. Anna Moneymaker/Getty Images Biden told NewsNation that student-loan borrowers could get their debt canceled within a few weeks. He said he’s confident he will win the GOP lawsuits attempting to block the loan forgiveness. The relief remains paused following a ruling by the 8th Circuit Court of Appeals. The fate of…

Jet lands with smashed windshield and broken nose after extreme weather that left passengers in terror

A Latam Airlines Airbos A320 after an emergency landing at Silvio Pettirossi International Airport in Luque, Paraguay, on October 27, 2022. Image marked up by Insider. Norberto Duarte/AFP via Getty Images / Insider A passenger plane was forced into an emergency landing by extreme weather over South America. The Airbus A320 landed in Paraguay with…

Amazon said a strong dollar cost it $900 million more than expected in the past quarter

Amazon has warned that the US dollar’s surge this year cost it around $900 million worth of sales more than expected. Associated Press Amazon warned the dollar’s surge this year has cost it $900 million more than expected in sales. The dollar has jumped nearly 16% in 2022, thanks to aggressive Federal Reserve interest rate…

‘The recession may be here already’: Amazon sees $120 billion in market value wiped out after mixed 3rd-quarter earnings, but Wall Street isn’t turning bearish yet

PATRICK T. FALLON/AFP via Getty Images Amazon plunged 13% on Friday after its third-quarter earnings results disappointed investors.But Wall Street is defending the e-commerce giant and calling the stock decline a buying opportunity.“We believe the pressures on Amazon’s business are largely macro-driven, and not fundamental,” JPMorgan said. Amazon’s mixed third-quarter earnings results and weak fourth-quarter…