India Blocks 1,298 Betting and Gaming Sites to Curb Online Risks

The Indian government has blocked 1,298 online betting and gaming sites since 2022 to curb addiction and illegal activities. Updated IT rules now hold gaming platforms accountable for harmful content. Authorities can block content threatening security or public order, ensuring a safer digital space. The move follows growing concerns over online gambling and financial risks.

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Nasdaq Plummets Over 3% as Tariff War Sparks Recession Fears

The Nasdaq dropped over 3%, hitting a six-month low, amid concerns of an economic slowdown from escalating tariff wars. The S&P 500 is nearing a critical support level, while volatility surged. Tech stocks like Nvidia, Microsoft, and Tesla saw significant losses. Investors are worried about potential recession risks due to shifting trade policies and uncertainties around tariffs.

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TikTok Restored on US App Stores

TikTok, CapCut, and Lemon8 are back on U.S. app stores after a ban delay. President Trump extended ByteDance’s deadline to sell TikTok’s U.S. operations, suggesting a U.S. ownership stake as an alternative. This follows legal actions and national security concerns over ByteDance’s Chinese origins.

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US President Trump Signs Executive Order to Formalize Musk-Led DOGE Commission

US President Donald Trump signed an executive order renaming the U.S. Digital Service (USDS) to the U.S. DOGE Service (USDS), an advisory body led by Elon Musk to cut federal waste and modernize IT systems. DOGE Teams will be formed in federal agencies to implement the 18-month agenda, set to conclude by July 4, 2026. Lawsuits allege the initiative violates transparency laws, while Musk’s proposals to cut $2 trillion in federal spending, including restructuring key financial agencies, face skepticism.

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