A New Mexico judge ordered Meta to pay $567 million and implement new restrictions on young users of its platforms, adding to a previous $375 million penalty. The ruling found Meta misled users about platform safety and contributed to youth mental health issues and exploitation. Meta must limit underage users' screen time and block notifications at night in New Mexico. The case marks a significant legal challenge for Meta amid thousands of similar lawsuits nationwide over social media harm to teens.
A New Mexico judge ordered Meta to pay $567 million into an abatement fund after a jury found the company willfully violated the state's unfair practices act. The ruling ties Meta's social media platforms to contributing significantly to a mental hea...
Missouri voters decisively rejected Amendment 5, which would have ended the state's income tax and expanded sales taxes, due to concerns over tax burden shifts and program cuts. Etsy announced layoffs of about 220 employees, roughly 12% of its workfo...
AMD's stock price fell sharply after its latest earnings report, despite beating analyst expectations on key metrics. The short volume ratio hit a two-week high of 62.60, indicating increased bearish sentiment among investors. The decline may be link...
Meta Platforms has been upgraded from Buy to Strong Buy due to its successful transformation into a diversified AI company. The company uses AI to boost advertising revenue, enhance pricing power, and improve operational efficiency, while also launch...
The iShares Expanded Tech Sector ETF (IGM) provides wider tech sector exposure than the traditional XLK ETF, including communications, consumer discretionary, and non-S&P 500 North American firms. This broader mandate results in a lower forward price...
