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    Attorney General Schwalb Announces That Meta Will Pay Up to $17.1 Billion for Exploiting Kids with Intentionally Addictive Social Media Platforms
    World

    Meta agrees $18bn settlement over claims its platforms harm children

    The deal ends a California trial and requires sweeping safety changes to Instagram and Facebook for teen users.

    Aug 27
    Microsoft sets record with near $450 billion single-day gain in market value  | Reuters
    Finance

    Microsoft stock surges 15% after earnings, adding record $450 billion in market value

    Shares surged 15% after the company reported 43% cloud revenue growth and accelerating Copilot adoption, adding nearly $450 billion in market value.

    Jul 31
    Meta stock drops 10% as free cash flow gets crushed—and Zuckerberg hints at launching cloud business with few details
    Business

    Meta shares slide as free cash flow evaporates under weight of AI spending

    Investors balk at rising capital expenditure after quarterly profits fall 14% and free cash flow collapses to $784 million.

    Jul 30
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