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House Ethics Committee accuses Gaetz of paying for sex, including with 17-year-old girl
Facebook, Instagram, Snapchat and TikTok will be encouraged to use “highly accurate” facial recognition checks to stop underage children from accessing their sites under plans to be announced by Ofcom. Amid widespread evidence that children are faking their age to create online profiles, social media companies will be told to enforce a minimum age limit of 13. Ofcom will recommend that social media companies use the technology to determine the age of those trying to create a profile under guidance to be published in April. Other options could involve showing a passport or using a government digital ID. • Toothless Online Safety Act leaves children still at risk About 24 per cent of children aged five to seven own a smartphone, according to research by the broadcasting watchdog, and a third of parents say their children of that age are using social media independently.
Losses for big technology stocks pulled major indexes lower on Wall Street. The S & P 500 fell 0.4% Wednesday. The Dow Jones Industrial Average slipped 0.3% from its record high a day earlier, and the Nasdaq composite lost 0.6%. Losses for Nvidia, Microsoft and Broadcom were the biggest weights on the market. Dell sank 12.2% after reporting revenue that fell shy of forecasts, and HP dropped 11.4% after giving a weaker-than-expected outlook. Treasury yields fell in the bond market. U.S. financial markets will be closed Thursday for Thanksgiving, and will reopen for a half day on Friday. On Wednesday: The S & P 500 fell 22.89 points, or 0.4%, to 5,998.74. The Dow Jones Industrial Average fell 138.25 points, or 0.3%, to 44,722.06. The Nasdaq composite fell 115.10 points, or 0.6%, to 19,060.48. The Russell 2000 index of smaller companies rose 1.88 points, or 0.1%, to 2,426.19. For the week: The S & P 500 is up 29.40 points, or 0.5%. The Dow is up 425.55 points, or 1%. The Nasdaq is up 56.83 points, or 0.3%. The Russell 2000 is up 19.52 points, or 0.8%. For the year: The S & P 500 is up 1,228.91 points, or 25.8%. The Dow is up 7,032.52 points, or 18.7%. The Nasdaq is up 4,449.12 points, or 27%. The Russell 2000 is up 399.12 points, or 19.7%.
