WhatsApp will begin displaying ads in its Updates tab, impacting its 1.5 billion daily users, while maintaining the privacy of personal chats, which remain end-to-end encrypted. This shift, aimed at generating revenue for parent company Meta, includes targeted advertising based on user demographics and interaction, alongside new features allowing channels to charge subscriptions and promote visibility.
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RBA interest rates: ‘Cautious’ board worried June inflation will be higher than forecast
The Reserve Bank of Australia (RBA) decided to maintain the cash rate at 3.85% due to concerns that June quarter inflation might exceed forecasts, despite recent signs of slowing inflation. Additionally, the unemployment rate rose to 4.3%, prompting discussions about potential interest rate cuts, while consumer and business confidence in Australia remained relatively stable amid easing global trade tensions. Want More Context? 🔎
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