Federal agencies launch probe into possible manipulation after GameStop trading frenzy

Federal prosecutors and regulators are investigating whether “market manipulation or other types of misconduct” led to a meteoric rise in shares of companies such as GameStop and AMC, the Wall Street Journal reported on Thursday. The Justice Department’s fraud section and the San Francisco U.S. attorney’s office have sought information about the trading from brokers […]

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White House working to address semiconductor shortage hitting auto production

The White House said Thursday administration officials are working to address a growing shortage of semiconductor chips that has slowed auto production around the world. White House press secretary Jen Psaki said the Biden administration is “currently identifying potential chokepoints in the supply chain and actively working alongside key stakeholders in industry and with our […]

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Twitter to add more labels identifying world leader and government accounts

Twitter Inc said on Thursday it will next week add labels to identify more state-affiliated accounts, including world leaders’ personal accounts, to give users more context for geopolitical conversations on the platform. The move comes as Twitter’s approach to prominent figures and government is under scrutiny after the high-profile ban of former U.S. President Donald […]

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