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PDD Holdings Posts Mixed Q2 as Temu Faces Major EU Fine and Legal Scrutiny

Higher spending on merchant support, platform safety and shipping is eroding near‑term profits and adding pressure to Temu’s low‑cost cross‑border model.

Newrez Signs $15.5 Million Multistate Settlement Over Lender-Placed Insurance

Hungary’s Parliament Approves Repeal of Extra Crypto Rules, CoinCash Says

EU Fines Temu €200 Million for Failing to Stop Illegal and Unsafe Products

China Fines Major E-Commerce Platforms 3.6 Billion Yuan Over ‘Ghost’ Food Deliveries

San Francisco Introduces Bill to Ban Sales of Uncertified Lithium-Ion Batteries

Tesla Avoids California Suspension After Dropping 'Autopilot' Branding

NHTSA Grants Tesla Five-Week Extension in Full Self-Driving Safety Probe

California DMV Adopts Ruling on Tesla’s Autopilot Ads, Gives 90 Days Before Possible 30-Day Sales Halt

UK Tribunal Rules Apple Abused App Store Dominance, Exposing It to £1.5 Billion in Damages