top of page
Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.


The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen


8 Dec 2021

Post Whistleblower Claims, Instagram Chief Faces Lawmakers’ Wrath

The Index Today

The Index Today — Adam Mosseri, the CEO of Instagram, is due to appear in Capitol Hill on Wednesday after whistleblower claims disclosed that the social media platform is still largely unsafe for its younger users.
Mosseri is gearing up to face an onslaught of questions from Congress who remain unsatisfied with the safety features that the company has taken in the wake of the revelations. These steps are aimed at regulating screen and interaction time among its adolescent users, while implementing stronger parental control features.
According to Richard Blumenthal, a Connecticut-based Democrat and consumer protection committee chair, these new measures are “baby steps” that should have been applied a long time ago. Blumenthal joins the growing ranks of lawmakers who expressed their displeasure over tech companies’ inability to roll out timely measures that protect their users while online.
As concerns over safety of minor users continue to rise, the Congress is set to rally for increased protection, aiming to introduce new bills that would hold Big Tech companies for failing to implement effective secure social media features for its younger users.

Clay pottery with table linens
bottom of page