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Shares of advertising technology company AppLovin and stock trading app Robinhood Markets each jumped about 7% in extended trading on Friday after S&P Global said the two will join the S&P 500 index.The changes will go into effect before the beginning of trading on Sept. 22, S&P Global announced in a statement. AppLovin will replace MarketAxess Holdings, while Robinhood will take the place of Caesars Entertainment.In March, short-seller Fuzzy Panda Research advised the committee for the large-cap U.S. index to keep AppLovin from becoming a constituent. AppLovin shares dropped 15% in December, when the committee picked Workday to join the…

U.S. Federal Trade Commission Commissioner Rebecca Slaughter raised questions on Friday about the status of an artificial intelligence chatbot complaint against Snap that the agency referred to the Department of Justice earlier this year.In January, the FTC announced that it would refer a non-public complaint regarding allegations that Snap’s My AI chatbot posed potential “risks and harms” to young users and said it would refer the suit to the DOJ “in the public interest.””We don’t know what has happened to that complaint,” Slaughter said on CNBC’s ‘The Exchange.” “The public does not know what has happened to that complaint, and…

WASHINGTON (AP) — President Donald Trump hosted a dinner Friday night for members of Congress in the newly paved White House Rose Garden, telling them they were the first gathering of what he dubbed the “Rose Garden Club.” The president held a microphone as he addressed about 100 people, mostly House Republicans along with some GOP senators, thanking them for their support of his legislation. “We call it the Rose Garden Club. And it’s a club for senators, for congresspeople and for people in Washington, and frankly, people that can bring peace and success to our country,” Trump said. Trump…

LAUREL, Md. (AP) — The car jolted as protesters pounded on its windows, boxing in the lawmaker trapped inside. Within seconds, officers in full riot gear surged forward in formation, yanking open the doors and pulling the passenger to safety. A few hundred yards away, another team of police moved just as quickly, surrounding, isolating and arresting a man spotted in the crowd with a gun.The clashes were staged, unfolding Friday at a Secret Service training complex in Maryland. The U.S. Capitol Police led the operation, joined by 600 officers representing nearly 20 agencies — including the Secret Service and…

Alphabet and Google CEO Sundar Pichai meets with Polish Prime Minister Donald Tusk at Google for Startups in Warsaw, Poland, on February 13, 2025.Klaudia Radecka | Nurphoto | Getty ImagesFrom the courtroom to the boardroom, it was a big week for tech investors.The resolution of Google’s antitrust case led to sharp rallies for Alphabet and Apple. Broadcom shareholders cheered a new $10 billion customer. And Tesla’s stock was buoyed by a freshly proposed pay package for CEO Elon Musk.Add it up, and the U.S. tech industry’s eight trillion-dollar companies gained a combined $420 billion in market cap this week, lifting…

New York City Mayor Eric Adams looks on during a House Oversight and Accountability Committee hearing to examine the jurisdiction of “sanctuary cities” on Capitol Hill in Washington, D.C., U.S., March 5, 2025. Kent Nishimura | ReutersNew York City Mayor Eric Adams said Friday he will remain in the mayoral race, after The New York Times reported that President Donald Trump’s advisors were working on a plan to have Adams nominated as ambassador to Saudi Arabia to get him to abandon his campaign.”I’m running for reelection, and I’m going to tell New Yorkers every day why I believe I should be…

Anthropic has agreed to pay at least $1.5 billion to settle a class action lawsuit with a group of authors, who claimed the artificial intelligence startup had illegally accessed their books.The company will pay roughly $3,000 per book plus interest, and agreed to destroy the datasets containing the allegedly pirated material, according to a filing on Friday.The lawsuit against Anthropic has been closely watched by AI startups and media companies that have been trying to determine what copyright infringement means in the AI era. If Anthropic’s settlement is approved, it will be the largest publicly reported copyright recovery in history,…

Inter Miami striker Luis Suárez has been given a six-game suspension by the Leagues Cup Organizing Committee for spitting at a Seattle Sounders staff member following Sunday’s Leagues Cup final.The Sounders triumphed 3-0 over Miami before a brawl broke out following the final whistle, which saw Suárez have to be held back by teammates and coaches before spitting on a member of the opposing team’s staff.Amid the melee, Miami midfielder Sergio Busquets threw a punch at Seattle’s Obed Vargas while Miami defender Tomás Avilés was also involved in aggressive behavior.- Suárez apologizes for spitting on Sounders staffer- Miami’s Suárez appears…

BALTIMORE (AP) — In a pointed show of solidarity against President Donald Trump, state and local leaders walked through one of Baltimore’s most historically underserved neighborhoods Friday evening amid ongoing efforts to curb gun violence.Those efforts are working, Gov. Wes Moore said. Homicides in Baltimore have reached historic lows with sustained declines starting in 2023. He said the last thing Baltimore needs is the National Guard presence Trump has threatened.“We do not need occupiers,” Moore said to a crowd of law enforcement officers, anti-violence advocates, local clergy and other community leaders who gathered in northwest Baltimore’s Park Heights neighborhood.Moore wrote…

The Trump administration is set to reassess a non-binding agreement that regarded US Reaper drones as long-range missiles, as part of a broader overhaul of US foreign military sales, a US official told Middle East Eye. The decision could speed up the timeline for deliveries of MQ-9 Reaper drones to Saudi Arabia, the UAE and Qatar, all of which are eyeing the weapons system. It would reduce bureaucracy for arms manufacturers that have to wait for government approval before selling drones. Reuters first reported that the Trump administration was set to reinterpret how it classifies drones under the 1987 Missile Technology Control…