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Clashing market forces could lead to a stagnant economy, Cramer says

CNBC's Jim Cramer on Wednesday said that the clashing forces roiling the market could lead to stagnation, which could then turn into an economic reacceleration that causes stocks to go higher."Everybody's worried about either a brutal recession or rampant inflation," he said."At these levels, many stocks already reflect a recession, so if we merely get a stagnant economy that will then reaccelerate, then stocks could go much higher. But if the Fed disagrees with me and hits us with more than just one last big rate hike ……

EU forces Amazon to make it easier to cancel Prime subscriptions in Europe

Amazon has agreed to simplify the process of canceling Prime in Europe, meaning customers in the region will be able to end their subscription in just two clicks, the European Commission has announced. The changes, which were implemented as of July 1st, should bring to an end the “multiple pages” filled with “distracting information” and “unclear button labels” that Amazon has previously used to add friction to the cancellation process. The European Commission says the changes apply to the European Union and European…

Why Can’t a Magnet-Propelled Truck Actually Work?

Finally, we have the crane itself. I left off some of the unimportant forces here—the most critical are the forces from the magnet and the cart pulling in opposite directions.All of these objects have a net force of zero. That's the important part: With a zero net force, there will be a zero acceleration. These three objects that start with a velocity of zero will stay at zero. They won't move. It won't work.I think part of the reason it’s hard to grasp why this won’t work is that you can't directly see the attractive…

Freeview shut down forces 10 TV channels to close for good from today

Millions of Freeview users will suddenly find they have fewer channels to watch from today. The hugely popular subscription-free TV service is being hit by the changes due to a broadcast signal - named COM7 Multiplex - being closed down to make way for the very latest 5G mobile technology from EE. With less bandwidth to use, Freeview has been forced to make some dramatic changes which include a number of TV channels being taken off air for good.A total of 10 services will no longer be available from today including BBC…

Meta, Microsoft, Epic Games and others join forces to develop metaverse standards

A group of companies, including some of the biggest names in tech and the internet, have banded together to develop interoperability standards needed to achieve an open metaverse. The organization is called Metaverse Standards Forum, and its founding members include Meta, Microsoft, Huawei, NVIDIA, Qualcomm, Sony Interactive Entertainment, Epic Games, Unity and Adobe. As Reuters notes, one company that's conspicuously missing from the list is Apple. Multiple reports have come come out these past few years that Apple is…

Harry Styles Joins Forces With Gucci for New Ha Ha Ha Collection

Not long after scoring the biggest album sales week of the year with his latest effort Harry’s House, Harry Styles is teaming up with Gucci for a new collaboration.The British pop star has joined forces with creative director Alessandro Michele for a one-off capsule collection titled Ha Ha Ha, which is set to hit stores in October. Image via GucciMichele told WWD that the title of the collection not only stands for the initials of his and Harry’s first names, “but also for the onomatopoeic sound of the laughing face

Chris Brown Joins Forces With Wizkid for New Single “Call Me Every Day”

Ahead of the release of his forthcoming 10th studio album Breezy, Chris Brown enlists Wizkid for his new single “Call Me Every Day.”Co-produced by DJ Tunez, Blaise Beatz and Leon Youngblood, the Afrobeats-infused track is the third official offering from Breezy this year, following the previously released singles “WE (Warm Embrace),” which hit DSPs in April, and “Iffy,” which Brown dropped back in January.“Girl, I love you, plus I’ll never make you minus/If I let you smoke, is you gon’ lose my lighter?/If you paranoid,…

Roku raises its revenue share for ad-supported streaming channels from 40% to 45% and forces linear channels to use its ad insertion…

Janko Roettgers / Protocol: Roku raises its revenue share for ad-supported streaming channels from 40% to 45% and forces linear channels to use its ad insertion technology and CDN services — In recent weeks, Roku began to send notices to many of its content partners, informing them that it would change a key distribution agreement. Janko Roettgers / Protocol: Roku raises its revenue share for ad-supported streaming channels from 40% to 45% and forces linear channels to use its ad insertion…

The UK Watchdog Forces Meta To Sell Giphy

The UK Competition and Markets Authority (CMA) announced Meta ownership over the Giphy could harm the competition. So Meta should sell the GIF platform. But the ruling may change.Dates back to 2020, Meta bought Giphy for $400 million, and now all Meta platforms are using Giphy animations. However, the CMA believes this acquisition is harmful to the competition in the market. The verdict is announced Tuesday, and Meta has appealed it.The CMA ruling seems justified, and there is no way to bypass it. The UK regulator says…

Instagram Stories glitch forces repeat viewing

Instagram Stories seem to be misbehaving for some users, making it so that they have to re-view all of someone’s stories before they’re able to see new ones. The issue has affected several Verge staff members since yesterday, and some Reddit users have reported the same thing is happening to them. The root issue seems to be that Instagram doesn’t remember where you left off when viewing someone’s stories. For example, if one of my friends has posted five stories, and I look at four of them before swiping away, the…