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Facebook Inc and Twitter took action on posts from U.S. President Donald Trump on Tuesday for violating their rules against coronavirus misinformation by suggesting that COVID-19 was just like the flu.

(RTTNews) - Instagram celebrates its 10-year anniversary on Tuesday, as the photo-sharing app continues to be one of the most popular app in social world.

The S&P 500 and the Nasdaq retreated on Tuesday as Federal Reserve Chair Jerome Powell warned the U.S. economic recovery remained far from complete, with a selloff in some of the biggest technology companies also weighing on sentiment.

U.S. President Donald Trump played down the COVID-19 pandemic again, comparing it to the flu in a tweet on Tuesday, and Twitter Inc responded by putting a warning label on the tweet, saying the post included potentially misleading information.

Twitter is rethinking how the labels it applies to misinformation look and work, its head of site integrity told Reuters in an interview, as the social media company tries to make these interventions more obvious and cut its reaction times.

The U.S. House of Representatives antitrust subcommittee's findings on the business practices of four large tech companies is expected to be broken up into three reports, according to two sources with direct knowledge of the matter, as bipartisanship among committee members appeared to break down.

A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".

The S&P 500 and the Nasdaq retreated on Tuesday as Federal Reserve Chair Jerome Powell warned the U.S. economic recovery remained far from complete, with a selloff in some of the biggest technology companies also weighing on sentiment.

The U.S. House of Representatives antitrust subcommittee's report on the business practices of four large tech companies is expected to be broken up into three reports instead of one, according to two sources with direct knowledge of the matter, as bipartisanship among committee members appeared to break down.

Abu Dhabi Investment Authority (ADIA) will invest 55.13 billion rupees ($751.13 million) in Reliance Industries' retail arm, the Indian conglomerate said, the latest in a string of such investments in recent weeks.

Facebook (NASDAQ: FB) will not comply with a new law passed in Turkey that demands social media companies establish a presence in the country to monitor their content. 

The S&P 500 and the Dow hovered at near three-week highs on Tuesday as investors looked for signs that Washington was close to agreeing on more fiscal stimulus, while a selloff in some of the biggest technology stocks weighed on the Nasdaq.

A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".

Futures tracking the S&P 500 and Dow rose on Tuesday after the indexes touched their highest levels in more than two weeks, while investors looked for signs that Washington was close to agreeing on more fiscal stimulus.

U.S. stock index futures were subdued on Tuesday as investors booked profits after a rally that sent the S&P 500 and the Dow to their highest levels in more than two weeks, while awaiting signs Washington was close to agreeing on more fiscal stimulus.

Twitter is rethinking how the labels it applies to misinformation look and work, its head of site integrity told Reuters in an interview, as the social media company tries to make these interventions more obvious and cut its reaction times.

The U.S. House of Representatives antitrust report on Big Tech firms contains a "thinly veiled call to break up" the companies, Republican Congressman Ken Buck said in a draft response seen by Reuters.

Brazilian ride-hailing service 99, controlled by China's Didi Chuxing Technology Co Ltd, has partnered with WhatsApp to accept orders on the chat platform owned by Facebook in a move that would allow users to summon cars without using another app.

Facebook and Belgium's privacy watchdog sparred on Monday at Europe's top court over which data protection authority has the power to police the U.S. social media giant in a case that could escalate its privacy fights across the EU.