$2.5T has been wiped from US stocks
U.S. stocks have lost $2.5 trillion in market value. The available content gives no details about when it happened or what caused the decline. (reddit.com)
Google Play requires every active developer account worldwide to declare whether it qualifies as a trader under European Economic Area and UK laws by February 1, 2027; new accounts must declare when created. A trader is a person or organization acting for business or professional purposes. Factors that may indicate trader status include regularly earning or seeking revenue from apps, frequent transactions, operating as a business, or having a commercial legal status. Developers who do not distribute in the EEA or UK may declare as non-traders, but declarations must be accurate and kept current. False claims of non-trader status can lead to global removal or account suspension, while missing the deadline can result in blocked updates or app removal.
Developers declare status in Play Console at the account level, and traders must also confirm it for each app, certify compliance with applicable laws, and provide terms-of-service links. Individual-account traders must supply a contact phone number, and their address will be public. From March 1, 2027, trader contact details, D-U-N-S number, and any supplied terms link will appear on Play Store listings worldwide; individual traders’ phone numbers and addresses will be displayed. EEA and UK users will additionally see the developer or trader name and the compliance commitment. The declaration is separate from identity verification, and Google says developers are responsible for determining their own legal status.
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U.S. stocks have lost $2.5 trillion in market value. The available content gives no details about when it happened or what caused the decline. (reddit.com)
Chip stocks plunged as Wall Street headed for its worst post-midterm Election Day performance since 1896. The provided page contains no further details about the selloff or its causes. (finance.yahoo.com)
California Gov. Gavin Newsom commuted the death sentences of all 548 people on the state’s death row to life in prison. The move is largely symbolic because California has not executed anyone since 2006, but it could reduce court costs. (bbc.com)
California Gov. Gavin Newsom commuted the death sentences of all 548 people on the state’s death row to life without parole, citing his opposition to capital punishment. Prosecutors and victims’ advocates are expected to challenge the blanket commutation, which affects about one-quarter of death sentences nationwide. (nytimes.com)
A selloff in AI stocks rattled Wall Street. The S&P 500 fell more than 3%. (apnews.com)
An anonymous seller is auctioning about $500 million in data center loans, including debt tied to OpenAI’s Stargate project and operators Vantage and CyrusOne. The sale reflects growing investor concern that AI infrastructure spending and data center projects face mounting financial and political risks. (bloomberg.com)
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