Facebook has described the update as an attack on small businesses that rely on its advertising models â even releasing a number of television commercials on the matter â while Apple has positioned itself as a privacy savior. Neither of those narratives is exactly accurate, said Gautam Hans, an intellectual property and privacy law professor at Vanderbilt University.
âItâs more about control of the industry,â he said.
âApple is a company very focused on controlling its own products and services, and they view Facebook as undermining that.â
On Tuesday, a Wall Street Journal report showed Appleâs own ad products may benefit from the new update that disadvantages Facebook.
Lucy Nicholson/Reuters
The economic theory of Optimum Currency Area (OCA) might explain why.
The US is commonly thought of as an OCA, but $1 goes a lot further in Mississippi than it does in Hawaii.
The federal minimum wage is currently at a standstill.
President Joe Biden campaigned on raising the minimum wage from $7.25 to $15. But the $15 proposal was struck from his stimulus plan for not meeting the rules of budget reconciliation. Progressives have long been campaigning to hike the minimum wage, but have met with opposition from Republicans as well as more moderate Democrats. It hasn t been raised since the last time Biden was in office, as vice president in 2009.
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