Wednesday, September 27 — 5 significant news stories

Today ChatGPT read 1226 top news stories. After removing previously covered events, there are 5 articles with a significance score over 7.

[7.6] FTC files antitrust lawsuit against Amazon, alleging harm to consumers. — Reuters

The U.S. Federal Trade Commission (FTC) has filed an antitrust lawsuit against Amazon, following a long-standing accusation of the company misusing its monopoly power and forcing sellers to use its services, thereby increasing costs. The lawsuit, supported by 17 state attorneys general, could potentially force Amazon to sell assets to restore fair competition. Amazon refutes these claims, suggesting that their practices spur innovation and competition within the retail industry, benefitting consumers and businesses. Amazon's shares fell 4% after the announcement.

[7.3] EU warns Elon Musk to comply with new laws on fake news and Russian propaganda. — The Guardian

The EU has warned Elon Musk to comply with new laws on fake news and Russian propaganda after X (formerly known as Twitter) was found to have the highest ratio of disinformation posts among large social media platforms. Facebook was the second worst offender, according to a report on posts that will be deemed illegal under the Digital Services Act. While Facebook, Google, TikTok, and Microsoft have signed up to the EU's code of practice, Twitter is obliged to comply with the new laws or face a ban across the EU.

[7.2] China enforces new rules on mobile app stores, Apple excluded. — Reuters

China's cyberspace regulator has started enforcing new rules overseeing mobile apps, with 26 app stores, including those operated by Tencent, Huawei, and Samsung, submitting business details. However, Apple's App Store is noticeably absent from the list. The heightened scrutiny, a part of Beijing's expanding oversight of smartphone usage, mandates app stores and apps to report business details to the government, intensifying concerns about app publishing and availability in the country. Compliance could significantly impact the availability of apps in the region.

[7.1] Sitting for long hours increases dementia risk, exercise doesn't help. — The Washington Post

A recent study published in JAMA has revealed that prolonged sitting can significantly increase the risk of developing dementia, impacting even those who maintain regular exercise routines. The study, examining nearly 50,000 men and women aged 60 or above, found a strong correlation between sedentary behavior and the onset of dementia within seven years. Individuals seated for at least 10 hours daily had an 8% higher risk, escalating to 63% for those seated 12 hours or more. Contrarily, people sedentary for under 9.5 hours didn’t show any increased risk.

[7.1] FCC to reinstate net neutrality rules for equal internet treatment. — TechCrunch

The FCC, led by Chairwoman Jessica Rosenworcel, is working to reinstate net neutrality, requiring broadband providers to treat all internet traffic equally. This move would prevent providers from favoring their own services or those of business partners. Net neutrality had been overturned during the previous administration but is deemed essential for fair access to online resources. The renewed rules aim to classify broadband as a necessity, like water and power.

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Vadim