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Here are 5 things you missed today. Because we get it, life is busy & who has the time to sit around and read the news - here are 5 things we think you need to know in the world today.

1 -⛔️ FTC Probes TikTok Over Privacy and Security Concerns

The FTC is investigating TikTok over concerns about children's data privacy and potentially deceptive practices related to user data security. This probe adds pressure to TikTok, which already faces potential ban or forced sale due to national security worries.

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2 -🛻 Tesla Recalls Cybertruck Again for Loose Part

Tesla is recalling nearly all Cybertrucks on the road for two issues. A trim piece along the bed can detach and become a road hazard. The giant windshield wiper's motor can fail due to damage during testing. Tesla will fix both problems for free at service centers. This is the third and fourth recall for the Cybertruck since its launch.

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3 -🕵🏻 EU Accuses Microsoft of Antitrust Violation in Teams-Office Bundling

The EU is accusing Microsoft of anti competitively bundling Teams with their Office software. They believe this practice stifles competition and may have harmed rivals like Slack. Microsoft argues they've already addressed concerns by unbundling Teams, but the EU says more needs to be done.

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4 -🔺 Economists Warn of Inflation Risks Under Second Trump Term

Sixteen Nobel laureates, led by Joseph Stiglitz, warned of economic risks if Donald Trump were re-elected, citing concerns over inflation from his proposed tax cuts and high tariffs. They argue President Biden's economic agenda is preferable, referencing nonpartisan predictions that Trump's policies could increase inflation. The warning comes before a Trump-Biden debate on economic issues.

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5 -💰 Rivian Skyrockets on $5 Billion Volkswagen Investment

Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian. The investment will help Rivian with production costs and development of new electric vehicle technology. The two companies will also form a joint venture to create software and electrical architecture for future vehicles. This deal is expected to benefit both companies as they compete in the growing electric vehicle market.

Read The Full Article Here ➯

Written by The Managers Bulletin team - Australia
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