March 14, 2024

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FTC Files Lawsuit Against Fake Antivirus Software, Alleging Millions in Scam Revenue

Key Points: FTC filed a lawsuit against Restoro and Reimage antivirus software, accused of misrepresentation and violating telemarketing rules. Software falsely identifies security issues on users' computers to pressure them into purchasing unnecessary repair tools. Restoro and Reimage originate from Cyprus and have allegedly scammed consumers out of "tens of millions" of dollars. FTC warns consumers, especially older individuals, to be cautious of fake antivirus products and advises thorough research before purchasing. The U.S. Federal Trade Commission (FTC) has taken...

Latest March 14, 2024

Mixed Performance in US Stock Market with Major Indices Slight Declines as Tech Giants Fluctuate

Key Points: Mixed performance in major indices, with the S&P 500 decreasing by 0.34%, the Dow 30 declining by 0.29%, and the Nasdaq 100 reflecting a modest 0.16% dip. NVIDIA Corporation (NVDA) and Tesla, Inc. (TSLA) experienced a slight downturn, with decreases of 3.55% and 3.85%, respectively. Microsoft Corporation (MSFT) saw a notable rise of 2.39%, whereas Apple Inc. (AAPL)...

Foxconn Forecasts Surge in Revenue Driven by Demand for AI Servers

Key Points: Foxconn anticipates a significant revenue rise for the current year, driven by booming demand for AI servers, and expects growth of over 40% in 2024. Foxconn's Q4 net profit reached T$53.1 billion, a 33% surge in profit marks the strongest year-on-year growth recorded for a quarter since March 2021.  Consumer electronics accounted for 58% of Foxconn's revenue in...

Exploring the Potential of Green Building Materials

In pursuing environmentally conscious and sustainable practices, the construction industry is witnessing a paradigm shift with the start of green building materials. These innovative materials are designed to meet construction projects' functional and aesthetic requirements, minimize environmental impact, and promote long-term sustainability. As the demand for eco-friendly construction practices continues to grow, green building materials are emerging as key players...