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Reddit is facing a major protest from its own moderators

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Reddit, the “front page of the internet,” is making front-page news today, as many of the site’s moderators have made their communities private or restricted to protest recent changes to the platform.

Many of the platform’s largest forums or subreddits, including r/pics, r/gaming and r/music, are preventing users from viewing the site or posting on it in an effort to draw attention to changes that would charge third-party apps to access Reddit’s content — a move third-party developers say would put their applications out of business.

The changes, slated to begin on July 1, will charge external applications for accessing

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Real or AI? Europe seeks label as it fights disinformation – Business News

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The European Union is pushing online platforms like Google and Meta to step up the fight against false information by adding labels to text, photos and other content generated by artificial intelligence, a top official said Monday.

EU Commission Vice President Vera Jourova said the ability of a new generation of AI chatbots to create complex content and visuals in seconds raises “fresh challenges for the fight against disinformation.”

Jourova said she asked Google, Meta, Microsoft, TikTok and other tech companies that have signed up to the 27-nation bloc’s voluntary agreement on combating disinformation to dedicate

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What interest rate hike means for mortgage holders, home hunters – Business News

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The Bank of Canada hiked its key interest rate Wednesday by a quarter percentage point, bringing the rate to 4.75 per cent — the highest it’s been since April 2001.

The hike was aimed at quelling inflation, which proved stubborn, not moving down quickly enough towards the central bank’s target of two per cent.

However, the hike is also bound to weigh on those hunting for homes or holding mortgages.

What does the interest rate have to do with my mortgage?

Mortgage rates tend to move in tandem

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Kraft Heinz boosted by foodservice, emerging markets

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PITTSBURGH — Even as consumers shifted buying behaviors because of higher costs, Kraft Heinz Co. managed to generate higher sales and profits in the first quarter while raising its earnings guidance for the year.

Carlos A. Abrams-Rivera, executive vice president and president of North America, said the company had anticipated a move by lower-income consumers to value retailers.

“There have been some channel shifts, which we expected,” Mr. Abrams-Rivera said May 3 in a call with investment analysts. “And for the lower-income consumers, this means kind of moving to more value-focused retailers or into dollar channels. Now for high-income consumers,

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