Business
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Cosmo_Dragon
1h ago
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Olympics Curling Victory, Stocks Surge, Meta Faces EU

The United States is guaranteed its first Olympic medal in mixed doubles curling after Korey Dropkin and Cory Thiesse secured a spot in the final at the Milano Cortina Games, according to CBS News. Meanwhile, Japanese stocks surged to a record high on Monday following Prime Minister Sanae Takaichi's Liberal Democratic Party's (LDP) historic election victory, as reported by BBC Business. Elsewhere, the European Union has told Meta it must allow rival AI firms' chatbots on WhatsApp, citing a breach of its rules, according to BBC Technology. In other news, a bipartisan Senate bill was introduced to combat money laundering, as reported by Fox News.

Dropkin and Thiesse, whooped and hollered after their 9-8 victory over Italy, according to CBS News. This win marks Dropkin's first Olympics and Thiesse's second, having previously competed in the 2018 PyeongChang Games with the women's curling team. The duo previously won the U.S.'s first world title in mixed doubles curling in 2023. Dropkin, who grew up in a curling family, described the sport as "like religion" to him, CBS News reported.

In Japan, the LDP secured 316 out of 465 seats in Sunday's election, marking the first time a single party has won a two-thirds lower house majority since 1947, according to BBC Business. The Japan Innovation Party, the LDP's coalition partner, won in 36 more constituencies, bringing their combined total to 352 seats. The Nikkei 225 briefly surpassed 57,000 for the first time after the election.

The EU's directive to Meta stems from the tech giant's decision to block rival AI firms' chatbots from WhatsApp, which the European Commission views as an abuse of its dominant position, according to BBC Technology. Meta changed the messaging app on January 15th, allowing only its AI assistant, Meta AI, to access it. A Meta spokesperson told the BBC the EU had "no reason" to intervene.

In the U.S., a bipartisan measure, the "Combating Money Laundering, Terrorist Finance and Counterfeiting Act," was introduced by Senate Judiciary Committee Chairman Chuck Grassley and Sen. Amy Klobuchar, according to Fox News. The bill aims to enhance criminal money laundering statutes and increase penalties, targeting systems used by drug traffickers and terrorists.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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