Thursday, January 28, 2021

US Congress to hold hearings on GameStop trading, state of stock markets

The U.S. House Financial Services and Senate Banking committees said on Thursday they will hold hearings on the stock market after users of investment apps faced trading limits following the "Reddit rally" that put a charge into GameStop and other volatile stocks that were touted in online forums. https://ift.tt/3oty72v

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The UK's Ofcom opens an OSA probe into Meta over Instagram Instants, launched in May; Meta says it "briefed Ofcom about this feature on a number of occasions" (Reuters)

Reuters : The UK's Ofcom opens an OSA probe into Meta over Instagram Instants, launched in May; Meta says it “briefed Ofcom about thi...