Jun 20, 2026 · 1:47 PM
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Elroy Fernandes

Elroy is a digital marketer and developer from Goa, with over a decade of experience web development and marketing. He has been associated with several startups and serves currently as an Editor to the Asia Pacific Industrial magazine. He occasionally writes on Startup Fortune about technology and automation.
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Massachusetts takes Meta to its highest court over claims the company engineered its apps to hook children
Elroy Fernandes ·
Massachusetts takes Meta to its highest court over claims the company engineered its apps to hook children
The Massachusetts Supreme Judicial Court heard oral arguments Tuesday in a lawsuit accusing Meta of deliberately engineering Instagram and Facebook to addict children. Attorney General Andrea Joy Campbell is bypassing Section 230 protections by framing the case as product liability over Meta's design choices, including infinite scroll and algorithmic recommendation systems. A ruling allowing the case to proceed could expose Meta to civil penalties and force changes to its core platforms, with im

Meta is now flagging the word antifa as a potential extremism signal on Facebook and Instagram
Elroy Fernandes ·
Meta is now flagging the word antifa as a potential extremism signal on Facebook and Instagram
Meta has updated its moderation rules to flag the word 'antifa' as a potential extremism signal when it appears alongside threat indicators on Facebook and Instagram. The policy, executed by Meta's Central Integrity Systems team, applies globally and raises substantive questions about whether vocabulary-based moderation can distinguish political identity from actual incitement. Markets have been unmoved, but the civil liberties debate is intensifying.


Americans say the economy feels like a recession even though the numbers insist otherwise
Elroy Fernandes ·
Americans say the economy feels like a recession even though the numbers insist otherwise
Consumer sentiment has crashed to a record low of 47.6 in April 2026, even as GDP grows and unemployment holds. Persistent high costs for essentials like groceries and housing are driving a "vibecession" that is reshaping the 2026 midterm landscape and dragging President Trump's economic approval to historic lows.

Justin Sun accuses World Liberty Financial of hiding a backdoor that can freeze and seize investor tokens
Elroy Fernandes ·
Justin Sun accuses World Liberty Financial of hiding a backdoor that can freeze and seize investor tokens
Justin Sun, World Liberty Financial's largest private investor, has gone public with accusations that the project hides a backdoor allowing administrators to freeze and seize any user's tokens. The feud erupted after Sun's wallet was blacklisted following a token transfer in September 2025, and has escalated further after WLFI borrowed $75 million against platform collateral. With litigation now threatened, the dispute is shaping into a landmark test of governance transparency in politically con

Iran's Hormuz Gambit Rewrote the Rules of Economic Warfare and Sent Oil Markets Into Freefall
Elroy Fernandes ·
Iran's Hormuz Gambit Rewrote the Rules of Economic Warfare and Sent Oil Markets Into Freefall
Iran's 'Flow Control' strategy weaponized the Strait of Hormuz in late March 2026, demanding Bitcoin tolls from tankers and spiking oil above $113 a barrel. A ceasefire was announced April 11, but shipping through the strait remains effectively stalled amid confusion over passage rights. The episode has rewritten assumptions about economic coercion as a primary instrument of geopolitical pressure.

The Middle East war is turning the IMF and World Bank's spring meetings into a global crisis summit
Elroy Fernandes ·
The Middle East war is turning the IMF and World Bank's spring meetings into a global crisis summit
The IMF and World Bank's spring meetings in Washington have been overtaken by the economic fallout of the Middle East war, with global growth forecasts being cut, oil prices near four-year highs, and the IMF bracing for up to $50 billion in emergency financing demands. IMF chief Kristalina Georgieva warns that regardless of scenario, the conflict leads to higher prices and slower growth worldwide. The meetings are testing whether Bretton Woods institutions retain the credibility and firepower to

Most Hungarian Voters Fear Today's Election Is Already Rigged
Elroy Fernandes ·
Most Hungarian Voters Fear Today's Election Is Already Rigged
Hungarians are voting today in a pivotal parliamentary election that polls suggest could end Viktor Orbán's fourteen-year rule , but a majority of voters already believe the results will be manipulated. With a gerrymandered electoral map, record turnout, and a disinformation war over Meta, the post-election period may prove more consequential than the vote itself.

Elroy Fernandes ·
The Résumé Is Dying and AI Is the Killer
AI-generated applications have made traditional résumés worthless, pushing companies toward live assessments and work trials. Here is what the new hiring landscape looks like.




Anthropic Built an AI So Good at Finding Vulnerabilities It's Too Dangerous to Ship
Elroy Fernandes ·
Anthropic Built an AI So Good at Finding Vulnerabilities It's Too Dangerous to Ship
Anthropic has developed a powerful new AI model called Mythos that can detect software vulnerabilities at an alarming level of precision. The company is withholding it from public release, citing serious concerns that the technology could be weaponized by malicious actors. The decision is a real-world test of whether AI safety frameworks can hold when confronted with a genuinely capable and dangerous system.



Elroy Fernandes ·
Big 8 Banks Are Quietly Covering Precious Metal Shorts
The largest commercial banks are reducing massive short positions in precious metals derivatives, a move that historically precedes significant price rallies given the extreme imbalance between paper claims and physical supply.

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