European regulators have fined Meta Platforms 390 million euros ($414 million), after ruling that the company unlawfully forced European users to consent to personalized advertising. The Data Protection Commission found that Meta’s terms of service for Facebook and Instagram, which require users to opt in to personalized advertising by default, amounted to a violation of European law. The...
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The Electric: Western Auto and Battery Makers’ Big Gamble on Indonesian Nickel
For much of the last century, metals companies have made stainless steel from nickel mined in Russia or the Philippines and smelted at temperatures up to 2,900 degrees. But demand for nickel is outstripping supplies because the metal is a key component in most electric vehicle batteries. So metals producers have turned to a new supplier—Indonesia, which possesses vast reserves of a previously...
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