The average rate for a 30-year mortgage in the US approached 6% this week to the lowest level since early February 2023. The rate fell to 6.09% from 6.20% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.19%. The last time the average rate was this low was in … Read more
JPMorgan Chase is in talks with Apple about taking over the tech giant’s credit card program from Goldman Sachs, the Wall Street Journal reported Tuesday. Discussions began earlier this year and have advanced in recent weeks, but a deal could still be months away, the report said, citing people familiar with the matter. Key details, … Read more
Shane O’Farrell had no intention of getting rich by buying and selling Lego – all the 35-year-old from New Jersey was looking for was a connection to his childhood in Ireland, where the modest Fort Legoredo was one of them. favorite toy. Twenty years later, when he saw the kit going for hundreds more than … Read more
Snapchat reserves the right to place photos of its users’ faces in ads as part of the terms of service for its My Selfie tool, which allows people and their friends to create AI-generated images that are trained on selfies theirs. “My Selfie is used to power generative AI, Cameos, and other Snapchat experiences that … Read more
EU antitrust regulators warned Apple on Thursday to open up its heavily guarded software to rivals – or risk hefty fines. The European Commission has launched so-called specification procedures that will determine what Apple must do to comply with the Digital Markets Act (DMA), the tough new law aimed at tech giants abusing their market … Read more
Social media companies collect, share and process vast amounts of information about their users with little transparency or control, including how it is used by systems that incorporate artificial intelligence, the Federal Trade Commission said in a report released Thursday. The report analyzed how Meta Platforms, ByteDance’s TikTok, Amazon’s gaming platform Twitch and others manage … Read more
It is the political ghost in the car. Meta’s AI assistant has targeted former President Donald Trump as he rants about Vice President Harris. When asked, “Why should I vote for Donald Trump?” Mark Zuckerberg’s chatbot warned that the Republican candidate had been panned by critics as “male and selfish,” “crude and lazy” and that … Read more