The European Union has opened formal proceedings against Meta, the parent company of Facebook and Instagram, citing concerns that design features on its platforms, such as infinite scroll, exploit user vulnerabilities and promote 'compulsive use' in minors. Non-compliance could result in substantial fines for the tech giant.
The UK government is set to announce plans to decouple electricity prices from volatile gas markets, proposing that older renewable energy generators move to fixed-price contracts within the next year. This initiative, aimed at shielding consumers from energy price shocks, comes as the Middle East conflict continues to underscore global energy insecurity.
The United States Navy intercepted and seized an Iranian vessel attempting to enter the Gulf, prompting Iran to denounce the action as a violation of the ceasefire and an act of "armed piracy". This incident marks the first seizure since the US initiated its blockade of Iranian ports.
