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CFPB Moves to Place Google Under Federal Oversight
Washington, Thursday, 14 November 2024.
The Consumer Financial Protection Bureau is taking unprecedented steps to subject Google to federal supervision, a move typically reserved for major banks. This could lead to regular inspections and monitoring of the tech giant, potentially setting up a significant legal battle over the CFPB’s authority in the digital age.
Satirical News Site The Onion Acquires Infowars in Bankruptcy Auction
New York, Thursday, 14 November 2024.
The Onion has purchased Alex Jones’s controversial Infowars platform through a bankruptcy auction. Supported by Sandy Hook victims’ families, the satirical news outlet plans to transform Infowars into a parody site, mocking conspiracy theorists and misinformation peddlers. This acquisition marks a significant shift for the once-influential far-right website.
Germany Sets Early Election for February After Coalition Collapse
Berlin, Tuesday, 12 November 2024.
Chancellor Olaf Scholz’s government breakdown leads to a February 23 snap election, seven months ahead of schedule. This political shift could reshape Germany’s economic policies and international relations, particularly with the United States.