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JPMorgan Ended Banking Relationship With Polymarket
The Wall Street Journal3d agoneutral
JPMorgan Ended Banking Relationship With Polymarket

JPMorgan Chase ended its banking relationship with prediction market Polymarket last October over regulatory concerns, according to people familiar with the matter. The move adds fuel to fights in Washington over debanking and growing nationwide scrutiny of prediction markets’ business practices, though the bank still maintains some ties to Polymarket and other prediction-market companies.

How Serious Are Thousands of Addiction Lawsuits for Meta (META) and Snap (SNAP)?
Insider Monkey3d agobearish
How Serious Are Thousands of Addiction Lawsuits for Meta (META) and Snap (SNAP)?

A federal appeals court removed another procedural obstacle facing more than 3,000 lawsuits accusing Meta Platforms, Inc. (NASDAQ:META), Snap Inc. (NYSE:SNAP), Alphabet, and TikTok of harming young users through allegedly addictive product features. The Ninth Circuit did not decide whether the companies are liable. It ruled that Section 230 provides a defense against liability, not […]

1 Surging  Stock to Own for Decades and 2 We Avoid
StockStory3d agoneutral
1 Surging Stock to Own for Decades and 2 We Avoid

The stocks in this article are all trading near their 52-week highs. This strength often reflects positive developments such as new product launches, favorable industry trends, or improved financial performance.

MediaPost3d agoneutral
Maryland Court Strikes Down Digital Ad Tax

A Maryland court on Friday struck down a 2021 law that imposed taxes on digital ad sales and ordered the state to provide refunds to Google, Peacock and Apple, which challenged the statute.

Even the CEO of Booking.com Is Fed Up With Travel These Days
The Wall Street Journal3d agoneutral
Even the CEO of Booking.com Is Fed Up With Travel These Days

Flight delays, interminable waits on the tarmac—Booking.com CEO Glenn Fogel knows all about travel frustrations firsthand: “You can’t believe you even bothered.” Booking.com and sister brands like Priceline, Kayak and OpenTable are pouring hundreds of millions into AI tools to smooth out travel hiccups. “When we start doing that,” says Fogel, who also helms parent company Booking Holdings, “that’s when I’ll feel OK, now we really are a good AI travel agent on your phone and in your pocket.”