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Home prices soar in frenzied US market drained of supply

Bloomberg Last year’s pandemic housing rush is now this year’s end-of-lockdown feeding frenzy. Across the US, house hunters are fighting for scraps in a market picked clean of listings during the key spring homebuying season. Bidding wars are the norm. Strategies like waiving inspections to secure deals, common for years in hot West Coast tech hubs, are popping up in ...

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Facebook cracks down on 1,000 fake networks, accounts

Bloomberg Facebook Inc. said it removed 14 networks representing more than 1,000 accounts seeking to sway politics around the world, while misleading the public about their identity. Most of the removed networks were in the early stages of building their audiences, the Menlo Park, California-based company said. Facebook’s announcement, part of its monthly reporting on efforts to rid its platforms ...

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Finland planning gradual easing of Covid-19 curbs

Bloomberg Finland’s government presented a gradual plan for exiting Covid-restrictions, starting with the executive relinquishing emergency powers later this month. Tight restrictions would be eased in May, and lesser restrictions gradually from June. The government will prioritise removing restrictions affecting children, Prime Minister Sanna Marin said at a press conference. The timetable is conditional on the development of the Covid-situation ...

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