Aus Govt vs Meta & X | Microsoft's big cut to Xbox | Temu's about to get more expensive

The Australian government wants to fine social media platforms up to 5% of their global revenue if they don’t stop the spread of misinformation Microsoft is cutting 650 jobs at its Xbox gaming division after its making its biggest acquisition to date -the $69 billion USD purchase of Activision Blizzard Temu’s parent company, Pinduoduo, saw its share price drop more than 3% on Friday after the US proposed new tariffs on their products — Download the moomoo app here to get 3 free stocks when you sign up. Conditions apply Moomoo disclaimer: *Pass-through fees and FX costs not included. *T&C's apply. Applicable to new clients only. Subject to deposit and minimum account balance requirements. AFSL224663. Fractional trading of less than one share is subject to different pricing schedules. The minimum order size for fractional trading is 0.0001 shares. For fractional trading buying, the minimum order amount is U$5.00. — Download the free app (App Store): http://bit.ly/FluxAppStoreDownload the free app (Google Play): http://bit.ly/FluxappGooglePlayDaily newsletter: https://bit.ly/fluxnewsletterFlux on Instagram: http://bit.ly/fluxinstaFlux on TikTok: https://www.tiktok.com/@flux.finance—-The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.