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court battle will not delay Instagram probe, Ofcom says","url":"https://stock-news.laohu8.com/highlight/detail?id=2673061065","media":"cityam","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2673061065?lang=en_us&edition=fundamental","pubTime":"2026-10-06 23:40","pubTimestamp":1791301205,"startTime":"0","endTime":"0","summary":"Meta’s legal challenge against Ofcom has not delayed the regulator’s separate investigation into Instagram, Ofcom has told City AM.The watchdog said the ongoing English High Court proceedings had “not impacted the timing” of its decision to investigate whether Meta broke UK online safety rules when it launched Instagram Instants.The comments come as Meta, TikTok and X challenge Ofcom in court over how much information it can demand from technology companies under the Online Safety Act, in one of the first major legal tests of the regulator’s new powers.The watchdog noted that, while it would not speculate on ongoing litigation, adding: “However, we note that the litigation concerns information notices outside of this investigation”.A Meta spokesperson said it would not comment on this matter. Ofcom to press ahead with probeThe intervention means Ofcom intends to press ahead with its scrutiny of Meta while simultaneously defending its information-gathering powers in 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stocks hit record high, shrugging off bond market turmoil","url":"https://stock-news.laohu8.com/highlight/detail?id=2673052516","media":"CNN Business","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2673052516?lang=en_us&edition=fundamental","pubTime":"2026-10-06 22:25","pubTimestamp":1791296746,"startTime":"0","endTime":"0","summary":"The artificial intelligence boom keeps rolling, sending stocks to record highs: The S&P 500 rose 0.7% on Tuesday and hit 7,830 points, an all-time high and its first intraday record high in almost two months.The S&P 500 would need to end the day with a gain of roughly 0.3% to officially close at its first record high since August 13. It would mark the index’s 28th record high this year.Tech and AI stocks are doing the heavy lifting for pushing stock indexes back to record highs. Meanwhile, other sectors of the market have struggled in recent weeks under the pressure of bond yields trading at multi-year highs.The S&P 500 and Nasdaq Composite are weighted by market value. The larger a company is by market value, the more influence it has on the index. At almost $6 trillion in market value, Nvidia accounts for more than 8% of the S&P 500. Nvidia is up 6% this month, boosting the major indexes.It’s been a choppy ride to all-time highs, but the S&P 500 has nonetheless rebounded and 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