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Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Zohran Mamdani was elected the 111th mayor of New York in a historic victory that will put an avowed democratic socialist in charge of the city that serves as the capital of global finance.(2) The global selloff in semiconductor stocks accelerated on concern over lofty valuations for some of the artificial intelligence boom’s biggest winners.(3) UK Chancellor of the Exchequer Rachel Reeves will meet CEOs from top insurers in Downing Street on Wednesday, as she seeks to encourage more investment in the City ahead of a tricky budget later this month.(4) European Union member states clinched a preliminary deal to reduce emissions by 90% through 2040 compared with 1990 levels, a move that bolsters the bloc’s climate leadership credentials ahead of the COP30 summit.(5) WhatsApp, the popular messaging service owned by Meta Platforms Inc., introduced a standalone Apple Watch app that makes it easier for users to interact with their chats from Apple Inc.’s smartwatch without pulling out an iPhone.Podcast Conversation: I Saw a Vision of Chocolate’s Future in an Amsterdam BrownieSee omnystudio.com/listener for privacy information.
On today's podcast: 1) President Trump and Chinese President Xi Jinping agreed to extend a tariff truce, roll back export controls and reduce other trade barriers in a landmark summit on Thursday, potentially stabilizing relations between the world’s biggest economies after months of turmoil. In the first sitdown between leaders since Trump’s return to the White House, the pair agreed China would pause sweeping controls on rare-earth magnets in exchange for what Beijing said was a US agreement to roll back an expansion of restrictions on Chinese companies. The US will also halve fentanyl-related tariffs on Chinese goods, while Beijing resumes purchases of soybeans and other agricultural products. The US is also extending a pause on some of its so-called reciprocal tariffs on China “for an additional year,” the Commerce Ministry in Beijing said in a statement, adding that China “will properly resolve issues related to TikTok with the US side.” Trump said he would visit China next April, with Xi planning to head to the US afterward. Despite speculation that Trump might make additional concessions — including the US opening access to Nvidia Corp.’s most advanced Blackwell line or changing its policy toward Taiwan — the president indicated that those issues hadn’t been part of the discussions. Trump and Xi did discuss access to some of the chipmaker’s other products, however, with the US president saying he planned to speak with Nvidia CEO Jensen Huang. 2) The largest technology companies are betting on an AI future powered by gigantic complexes of data centers filled with humming servers. Now that the staggering cost of this push is coming into sharper focus, it’s testing nerves on Wall Street. Three bellwethers from different corners of the technology world – Alphabet Inc., Meta Platforms Inc. and Microsoft Corp. — together racked up some $78 billion in capital expenditures last quarter. That’s up 89% from a year earlier. Most of that cash was destined for data center construction and graphics processing units and other gear to fill them. Each increased their forecasts for future outlays. That was enough to rattle investors conditioned to expect enormous spending. 3) Treasuries fell the most in nearly five months after Federal Reserve Chair Jerome Powell cast doubt on a December interest-rate cut, even as a sagging labor market prompted policymakers to bring down borrowing costs Wednesday. While the central bank delivered a widely expected reduction in the benchmark lending rate to 3.75%-4%, Powell’s hawkish outlook ruffled the $30 trillion US bond market. At his afternoon press conference, Powell said a further reduction in rates at the December meeting “is not a foregone conclusion,” sending yields across tenors up by the most since June. See omnystudio.com/listener for privacy information.
In the late hours in the US, Alphabet Inc. reported solid sales. Meta Platforms Inc. sees total expenses to significantly rise in 2026. Microsoft Corp.'s expansion in its Azure unit failed to inspire traders. For more on the latest earnings, we turn to Daniel Newman, CEO of the Futurum Group.Plus - Federal Reserve Chair Jerome Powell's blunt warning that investors need to rein in expectations for a December interest-rate cut underscored a growing tug-of-war among US policymakers who are opposed in their outlooks for jobs and inflation. While Powell made it clear that the primary concern for some is a cooling job market, others inside the Fed are warning persistent inflation will limit room for more easing. And a freeze on the release of official economic data during the ongoing government shutdown is only hardening the divide.Powell's comments came after the Federal Open Market Committee voted 10-2 to lower the target range for the federal funds rate by a quarter percentage point, to 3.75%-4%. It was the second straight rate cut, but for the first time in six years, there were dissents in both directions — with one official advocating a larger reduction and another preferring to stay on hold. For more, we turn to Sean Clark, Chief Investment Officer at Clark Capital. **Disclaimer, at the time of this recording, US President Donald Trump and Chinese President Xi Jinping have not met yet. They are set to meet later on Thursday in South Korea (local time). See omnystudio.com/listener for privacy information.
Episode 38: State of Washington v. Meta Platforms, Inc.State of Washington v. Meta Platforms, Inc., argued before the Supreme Court of Washington on October 28, 2025. Argued by Robert McKenna (on behalf of Meta Platforms, Inc.) and Cristina Sepe, Deputy Solicitor General of the State of Washington (on behalf of State of Washington) .Background of the case, from the Supplemental Brief of Petitioner Meta:The campaign finance law at issue here has made it irrational and unworkable for digital platforms to carry political ads targeting Washington state and local elections. Major platforms have banned these ads as a result. The law tips the scales against disempowered political actors who need low-cost but effective digital advertising to communicate with voters. And the State has failed to justify that result under the First Amendment.In 2018, the State expanded the Fair Campaign Practices Act (FCPA) to impose burdensome disclosure obligations on “digital communication platforms.” The State now requires such platforms to maintain extensive information about any advertisement in the last five years that constitutes “political advertising,” and disclose this information upon request to any person or entity—anywhere in the world and at any time—within two business days. Candidates and campaigns, meanwhile, have less demanding disclosure obligations.And even minor noncompliance carries significant penalties for platforms: Based on its failure to timely satisfy 12 requests for information from just three individuals, Meta faces a $35 million judgment. There is no reason for Meta—or any other platform operator—to incur the threat of massive penalties (and high compliance costs), by continuing to carry ads that provide very little revenue. It is no surprise, then, that Meta and others banned Washington political ads from their platforms.Statement of the Issues, from the Supplemental Brief of Petitioner Meta:Whether the FCPA and implementing regulations violate the First Amendment because they impose unjustifiable burdens on digital communication platforms and fail to further the State's purported interest in educating its electorate about political ad purchasers and their expenditures through narrowly tailored means. See RCW 42.17A.345(1); WAC 390-18-050 (together, “disclosure law”).Whether a penalty imposed for violating the disclosure law's obligation to provide responsive information “promptly upon request” should be calculated based on the number of requests or the number of ads subject to each request.Whether a $35 million judgment against Meta for failing to respond to 12 requests with every piece of required information within two business days is an unconstitutionally excessive fine under the Eighth Amendment.Resources:Institute for Free Speech amicus brief in Meta v. State of WashingtonDisclosure law text (RCW 42.17A.345)Disclosure law text (WAC 390-18-050)Supplemental Brief of Petitioner MetaSupplemental Brief of Respondent State of WashingtonThe Institute for Free Speech promotes and defends the political speech rights to freely speak, assemble, publish, and petition the government guaranteed by the First Amendment. If you're enjoying the Free Speech Arguments podcast, please subscribe and leave a review on your preferred podcast platform. To support the Institute's mission or inquire about legal assistance, please visit our website: www.ifs.org
Oral Arguments for the Court of Appeals for the Federal Circuit
Adnexus Inc. v. Meta Platforms, Inc.
С 1 сентября 2025 года в России вступили в силу новые ограничения: теперь запрещено размещать рекламу на заблокированных ресурсах — в том числе в Instagram*. В новом выпуске #NextMediaPodcast Эльнара Петрова обсуждает эти изменения вместе с Михаилом Хохолковым, юристом и автором блога МедиаПраво.ком. — Какие площадки теперь под запретом, а где реклама еще возможна — Как проверять ресурсы и избегать штрафов — Чем реклама отличается от информирования и что считается «органичной интеграцией» — Что делать авторам и компаниям прямо сейчас, чтобы минимизировать риски Приятного прослушивания! * Meta Platforms Inc. признана экстремистской организацией и запрещена на территории РФ.Наш курс по созданию подкаста за 4 недели — https://nextpodcast.ru/ Подкаст-бот в Telegram: https://t.me/nextmediaposcast_bot Подписывайтесь на новости подкаста на любой удобной для вас платформе!
On today's podcast: 1) US stocks are set to extend this week’s string of losses as investors stay risk-averse ahead of Federal Reserve Chair Jerome Powell’s Jackson Hole address, with markets scaling back bets on imminent rate cuts.2) Meta Platforms Inc. is hiring another key Apple Inc. artificial intelligence executive, even as the social networking company prepares to slow its recruitment, according to people familiar with the matter. 3) Nvidia Corp. has instructed component suppliers including Samsung Electronics Co. and Amkor Technology Inc. to stop production related to the H20 AI chip, the Information reported, citing unidentified sources.See omnystudio.com/listener for privacy information.
On today's podcast: 1) The US and European Union agreed on a hard-fought deal that will see the bloc face 15% tariffs on most of its exports, including automobiles, staving off a trade war that could have delivered a hammer blow to the global economy. 2) US and Chinese officials are meeting Monday to extend their tariff detente beyond a mid-August deadline, and haggle over other ways to further defuse trade tensions.3) Wall Street pros are staring down a pivotal week that will likely set the tone for the rest of the year in markets and the economy.First and foremost is the conclusion of the Federal Reserve’s meeting on Wednesday, and although it isn’t expected to cut interest rates, traders and investors will be poring over commentary for clues about the path ahead. Then there’s a string of Big Tech earnings with Amazon.com Inc., Apple Inc., Meta Platforms Inc. and Microsoft Corp. all reporting. And sprinkled throughout are some key indicators on the state of the economy, from gross domestic product to nonfarm payrolls.See omnystudio.com/listener for privacy information.
WhatsApp said that users will start seeing ads in parts of the app, as owner Meta Platforms moves to cultivate a new revenue stream by tapping the billions of people who use the messaging service. Advertisements will be shown only in the app's Updates tab, which is used by as many as 1.5 billion people each day. However, they won't appear where personal chats are located, developers said. "The personal messaging experience on WhatsApp isn't changing, and personal messages, calls and statuses are end-to-end encrypted and cannot be used to show ads," WhatsApp said in a blog post. It's a big change for the company, whose founders, Jan Koum and Brian Acton, vowed to keep the platform free of ads when they created it in 2009. Facebook purchased WhatsApp in 2014, and the pair left a few years later. Parent company Meta Platforms Inc. has long been trying to generate revenue from WhatsApp. WhatsApp said ads will be targeted at users based on information like their age, the country or city where they're located, the language they're using, the channels they're following in the app, and how they're interacting with the ads they see. WhatsApp said it won't use personal messages, calls and groups that a user is a member of to target ads to the user. It's one of three advertising features that WhatsApp unveiled as it tries to monetize the app's user base. Channels will also be able to charge users a monthly fee for subscriptions, so they can get exclusive updates. And business owners will be able to pay to promote their channel's visibility to new users. Most of Meta's revenue comes from ads. In 2024, the Menlo Park, California-based company's revenue totaled $164.5 billion, and $160.6 billion of it came from advertising. This article was provided by The Associated Press.
On today's podcast: 1) President Trump sends out a wave of tariff letters, while suggesting he's open to negotiations. President Trump released letters threatening higher tariffs, but he extended the deadline for talks to Aug. 1, the day that the new levies will take effect. The letters were released two days before agreements were due from trading partners facing Trump’s so-called reciprocal levies.2) The death toll rises in Texas as questions remain about preparedness for the disaster. More than 100 people have been confirmed dead in floods that tore through central Texas over the weekend. The disaster has sparked debate about whether anything more could have been done to prevent it, with questions raised about warning systems, forecasts, and notification of people in the affected areas.3) A setback for Apple as a top AI executive leaves to join Meta. Ruoming Pang, a distinguished engineer and manager in charge of Apple's foundation models team, is leaving for Meta Platforms Inc. Meta offered Pang a package worth tens of millions of dollars per year, according to people with knowledge of the matter. Pang's departure could be the start of a string of exits from the AFM group, with several engineers telling colleagues they are planning to leave in the near future to Meta or elsewhere, the people said.See omnystudio.com/listener for privacy information.
On today's podcast: 1) Senate Majority Leader John Thune is rushing to meet President Donald Trump’s July 4 deadline for pushing through his massive tax and spending bill, but first he has to work through a list of approximately eight Republican senators who have expressed opposition to portions of it.2) US equity futures climbed as progress in trade negotiations between the Trump administration and key partners added to the upbeat sentiment that had pushed the S&P 500 to a fresh record high.3) Canada has withdrawn its digital services tax on technology companies such as Meta Platforms Inc. and Alphabet Inc. in a move to restart trade talks with the US.See omnystudio.com/listener for privacy information.
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) With just 10 days to go until President Donald Trump’s country-specific tariffs are set to resume, the White House appears poised to fall short of the sweeping global trade reforms it promised to achieve during the three months they were on hold. (2) Canada has withdrawn its digital services tax on technology companies such as Meta Platforms Inc. and Alphabet Inc. in a move to restart trade talks with the US (3) Senate Majority Leader John Thune is rushing to meet President Donald Trump’s July 4 deadline for pushing through his massive tax and spending bill, but first he has to work through a list of approximately eight Republican senators who have expressed opposition to portions of it. (4) President Donald Trump said he has identified a buyer for the US operations of TikTok, the social media app owned by Chinese company ByteDance Ltd., without naming the winning bidder. (5) European stocks outperformed their US peers by the biggest margin on record in dollar terms during the first half, the most dramatic sign of how the region’s markets are staging a comeback after more than a decade in the doldrums. (6) Keir Starmer is working to contain the rebellion in his Labour Party ahead of a vote Tuesday on his flagship welfare policy that’s provoked widespread criticism and called his leadership into doubt. Podcast Conversation: UK’s Record-Breaking Sunshine Isn’t All Good News: Lara WilliamsSee omnystudio.com/listener for privacy information.
US equity markets resumed trading following the Juneteenth National Independence Day holiday, with investors' attention remaining keenly focussed on developments in the Middle East - Dow inched +35-points or +0.08% higher. Apple Inc rose +2.25% to be the leading performer in the 30-stock index and buck a weaker trend among the so-called ‘Magnificent Seven', with reports emerging executives have held internal talks about potentially bidding for artificial intelligence (AI) startup Perplexity AI. If regulators order Apple to end its partnership with Google, purchasing Perplexity would make it easier for the company to develop an AI-based search engine. The Bloomberg report came after CNBC confirmed on Friday (20 June) that Meta Platforms Inc (down -1.93%) approached Perplexity AI about a potential takeover bid before ultimately investing $14.3B into Scale AI. Microsoft Corp eased -0.59% to US$477.40 after touching a fresh record intra-day high (US$483.46). Amazon.com Inc lost -1.33% after the news that the UK's Groceries Code Adjudicator has opened a formal investigation over concerns that the retail giant may have breached rules requiring timely payments to suppliers.
Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump met with his national security team in Washington for more than an hour on Tuesday to discuss the escalating Middle East conflict, according to people familiar with the matter, fueling fresh speculation that the US is on the verge of joining Israel’s attack on Iran.(2) US President Donald Trump has a wide range of military assets in the Middle East and across the globe to bring to bear in a potential fight against Iran as he weighs one of the most momentous foreign policy decisions of his administration.(3) The top US bank regulators plan to reduce a key capital buffer by up to 1.5 percentage points for the biggest lenders after concerns that it constrained their trading in the $29 trillion Treasuries market.(4) The UK is looking to restrict the number of visas it gives to countries which refuse to sign returns agreements with Britain, Prime Minister Keir Starmer said, as his government pursues more assertive measures to reduce levels of net migration.(5) OpenAI Chief Executive Officer Sam Altman said Meta Platforms Inc. has offered his employees signing bonuses as high as $100 million, with even larger annual compensation packages, as it seeks to build a top artificial intelligence team.Podcast Conversation: At Art Basel, Dealers Reap Rewards By Avoiding Politics and WarSee omnystudio.com/listener for privacy information.
In this episode! The Economy: META gets out its checkbook to catch up in the AI race! It sounded like something that should have come from the sports desk — a $14.3 billion transfer fee for a young up-and-coming prospect as Meta Platforms Inc. looks to rebuild its team for the tough season ahead. The head coach is an under-pressure Mark Zuckerberg, and the hot talent is Alexandr Wang, 28. His company is Scale AI, and Meta is taking a 49% stake, it was confirmed last week. Yes! You need to learn how to use AI tools! Article Link: https://www.bloomberg.com/opinion/articles/2025-06-16/mark-zuckerberg-opens-the-meta-checkbook-for-scale-ai-and-alexandr-wang?srnd=phx-opinion New In Social: Overworked and Underbrained Took a deep dive into our Merlin Instagram Feed. You can check it out here => https://www.instagram.com/merlin_crypto/ I found out there are a lot of things we can change. I am going to deep dive with you what I found out, and how we are going to start to tackle it. Today's Main Topic: Starting to Finish I have been working really hard to rest more to allow me to be more efficient. In today's episode I'm going to talk about the Productivity Paradox. I'm going to explain why working past 50 hours a week is a trap, and how lack of sleep is sabotaging your strategic edge. I talk about ways to improve your productivity, and why it is important to leverage other people. Enjoy! Join the Age of Radio Discord | https://discord.gg/EeamD8WcjN Follow me on Goodpods https://goodpods.app.link/usUyBZzhuNb Free Financial Consultation: https://forms.gle/B6nNZ2FbxbhESCHg9 Red Wizard Gaming Society: https://discord.gg/9D43EszdUB DM if you are interested in Life Insurance! If you or someone you know has been struggling or in crisis please call or text 988 or chat 988lifeline.org
On today's podcast: 1) The Trump administration escalated its response to anti-deportation protests in Los Angeles with the mobilization of 700 Marines, deploying active-duty military on the ground and increasing tensions with California officials. 2) Trade talks between the US and China will continue into a second day, according to a US official, as the two sides look to ease tensions over shipments of technology and rare earth elements.3) Mark Zuckerberg, frustrated with Meta Platforms Inc.’s shortfalls in AI, is assembling a team of experts to achieve artificial general intelligence, recruiting from a brain trust of AI researchers and engineers who’ve met with him in recent weeks at his homes in Lake Tahoe and Palo Alto.See omnystudio.com/listener for privacy information.
On today's podcast: 1) Microsoft Corp. shares jumped after the company reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady despite a wave of tariffs and economic turbulence. 2) Meta Platforms Inc. quelled Wall Street concerns about the impact of the Trump administration’s trade war on advertising sales, reporting first-quarter revenue that beat expectations and forecasting additional spending. 3) The US and Ukraine reached a deal over access to the country’s natural resources, offering a measure of assurance to officials in Kyiv who had feared that President Donald Trump would pull back his support in peace talks with Russia.See omnystudio.com/listener for privacy information.
US equity futures rallied Thursday on stronger-than-expected tech earnings and signs the Trump administration may be close to announcing the first round of trade deals to reduce planned tariffs. The advance for US futures came after the S&P 500 erased an intraday drop of more than 2% Wednesday to close 0.2% higher. Shares in Japan and Australia both edged lower Thursday. A number of markets are shut for holidays across Asia including Mainland China, Hong Kong, Singapore and India. Meantime, the outcome of Australia's tight federal election could be the next catalyst for local assets as a tariff standoff between the US and China continues to rattle markets. We preview Saturday's federal election with Bloomberg's Paul Allen in Sydney. Plus - contracts for the S&P 500 and Nasdaq 100 both gained at least 0.9%, helped by a post-market rally for Microsoft Corp. and Meta Platforms Inc. following their bullish corporate results. Microsoft posted better-than-expected sales, while Meta also exceeded analysts' sales forecasts, suggesting customer demand hasn't been rattled by tariffs. We discuss the day's Mag Seven earnings and the latest eco data out of the US with George Cipolloni, Portfolio Manager at Penn Mutual Asset Management.See omnystudio.com/listener for privacy information.
As the S&P 500 closed higher for five consecutive sessions, the American equity benchmark posted its longest winning streak since November. Monday marked the fifth time in the past month the index fully wiped out an intraday gain or drop of 1% or more. The number of reversals already matches the total seen in the entire year of 2024. After the US close, President Donald Trump renewed criticism of Federal Reserve Chairman Jerome Powell as he championed his economic policies and tariff regime during a Tuesday event to mark his 100th day in office. We break down Trump's remarks with Joe Mathieu, Host of Bloomberg's Balance of Power. As uncertainty around US tariffs looms over global markets, investors in Asia are looking ahead to key economic data from China to get a sense of the macro environment. We speak with Mary Nicola, Bloomberg MLIV Strategist in Singapore. Plus - four of the so-called Magnificent Seven - Microsoft Corp., Apple Inc., Meta Platforms Inc. and Amazon.com Inc. - are due to report earnings this week. Analysts expect the group — which also includes Google-parent Alphabet, Tesla Inc. and Nvidia Corp. — to deliver an average of 15% profit growth in 2025, a forecast that's barely budged since the start of March despite the flareup in trade tensions. We preview the numbers with David Nicholson, Chief Research Officer at The Futurum Group.See omnystudio.com/listener for privacy information.
Oral Arguments for the Court of Appeals for the Federal Circuit
Xerox Corp. v. Meta Platforms, Inc.
On Episode 80, we tell you about a new citizenship law on a Saskatchewan First Nation that would allow people to be banned based on 'maturity,' and we walk you through a decision that found the government owed no duty of care to a boy who died after the COVID-19 vaccine. Stories and cases discussed in this week's episode: Hartman v. Attorney General of Canada et al., 2025 ONSC 1831 (CanLII) Test case on First Nation's citizenship law (Blacklock's)Carney says he will not repeal Liberals' anti-pipeline Bill C-69 (Western Standard)Poilievre in Hamilton: Says he'll repeal Bill C-69, sometimes known as 'no more pipelines act' (CBC News)Dickson v. Vuntut Gwitchin First Nation (SCC)Toronto District School Board v. Meta Platforms Inc., 2025 ONSC 1499 Not Reserving Judgment is a podcast about Canadian constitutional law hosted by Josh Dehaas, Joanna Baron, and Christine Van Geyn. The show is brought to you by the Canadian Constitution Foundation, a non-partisan legal charity dedicated to defending rights and freedoms. To support our work, visit theccf.ca/donate.
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Oral Arguments for the Court of Appeals for the Federal Circuit
Express Mobile, Inc. v. Meta Platforms, Inc.
Oral Arguments for the Court of Appeals for the Federal Circuit
Xerox Corp. v. Meta Platforms, Inc.
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Meta is going MAGA. New York magazine's John Herrman explains Mark Zuckerberg's makeover. Writer Ben Wofford introduces Meta's policy puppet master. This episode was produced by Amanda Lewellyn with help from Travis Larchuck, edited by Amina Al-Sadi, fact-checked by Laura Bullard, engineered by Andrea Kristinsdottir and Rob Byers, and hosted by Sean Rameswaram. Transcript at vox.com/today-explained-podcast Support Today, Explained by becoming a Vox Member today: http://www.vox.com/members Mark Zuckerberg, CEO of Meta Platforms Inc. during an event. Photo by David Paul Morris/Bloomberg via Getty Images. Learn more about your ad choices. Visit podcastchoices.com/adchoices
This Day in Legal History: MLK BornOn January 15, 1929, Martin Luther King Jr., one of the most influential figures in American history, was born in Atlanta, Georgia. As a Baptist minister and leader of the Civil Rights Movement, King played a pivotal role in advancing racial equality and social justice in the United States. His commitment to nonviolent protest, inspired by Mahatma Gandhi, led to significant legal and social changes, including the dismantling of segregation and the affirmation of civil rights for African Americans.King's leadership during landmark events such as the Montgomery Bus Boycott in 1955 and the March on Washington in 1963 brought national attention to systemic racism and civil rights abuses. His iconic "I Have a Dream" speech at the Lincoln Memorial articulated a vision of racial harmony and equality, influencing the passage of critical legislation like the Civil Rights Act of 1964 and the Voting Rights Act of 1965.Despite opposition and threats, King remained steadfast in his pursuit of justice, receiving the Nobel Peace Prize in 1964 for his efforts. His advocacy for economic equality and opposition to the Vietnam War further broadened his legacy. Tragically, King's life was cut short on April 4, 1968, when he was assassinated in Memphis, Tennessee, while supporting a labor strike.King's birthday is now recognized as a federal holiday in the United States, known as Martin Luther King Jr. Day, celebrated annually on the third Monday of January. This commemoration underscores his enduring impact on American law and society, as well as the ongoing struggle for civil rights and equality. King's work has left an indelible mark, shaping legal reforms and inspiring movements for justice around the world.Stanford law professor and renowned intellectual property scholar Mark Lemley has withdrawn as legal counsel for Meta Platforms Inc. in a high-profile generative AI copyright case. Lemley cited CEO Mark Zuckerberg's controversial recent actions, including ending diversity initiatives and fact-checking on Facebook, and promoting "masculine energy," as reasons for his departure. While Lemley believes Meta has a strong case in the AI copyright dispute, he stated he could not continue representing the company in good conscience.Lemley's withdrawal leaves attorneys from Cooley LLP and Cleary Gottlieb Steen & Hamilton to defend Meta against allegations from authors, including Sarah Silverman and Ta-Nehisi Coates, that Meta's AI improperly trains on copyrighted works. The case addresses a critical issue in AI development: whether training models on copyrighted material constitutes infringement. Authors argue this practice unfairly exploits their work, while AI advocates claim it constitutes fair use, given the scale and indirect impact of the works.Lemley, a distinguished academic and practitioner, has contributed significantly to intellectual property law, including involvement in key cases like Warhol Foundation v. Goldsmith. His departure underscores concerns about Meta's evolving corporate ethos. Additionally, Lemley announced he would deactivate his Threads account and avoid supporting Meta financially, though he stopped short of leaving Facebook entirely to preserve his social connections.Meta Lawyer Lemley Quits AI Case Citing Zuckerberg 'Descent' (1)The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, accusing him of delaying the required disclosure of his significant Twitter stake in 2022. According to the SEC, Musk violated securities laws by failing to disclose his 5% ownership in Twitter within the 10-day deadline, waiting until April 4, 2022, to reveal a 9.2% stake. This delay allegedly allowed Musk to acquire over $500 million in shares at lower prices, disadvantaging other investors. Twitter's stock price surged 27% after Musk's disclosure. The SEC's suit seeks to impose civil fines and recover any illicit profits Musk gained. Musk's lawyer, Alex Spiro, dismissed the lawsuit as a baseless effort by the SEC, framing the issue as a minor administrative oversight. Musk, who later purchased Twitter for $44 billion in October 2022 and rebranded it as X, has a history of legal disputes with the SEC, including a 2018 settlement over misleading Tesla privatization tweets. He has also faced shareholder lawsuits for the delayed disclosure. Despite these challenges, Musk's substantial wealth and influence continue to draw attention, with his attorney accusing the SEC of harassment amid leadership changes at the agency.US SEC sues Elon Musk over late disclosure of Twitter stake | ReutersPam Bondi, Donald Trump's nominee for attorney general, will face a Senate Judiciary Committee hearing amid scrutiny over her past decisions and ties to the former president. Bondi, Florida's attorney general from 2011 to 2019, played a prominent role in Trump's 2019 impeachment defense and supported his post-2020 election fraud claims. Democrats are expected to question her impartiality, particularly in light of Trump's comments about using the Justice Department to target political adversaries.Bondi has faced criticism for declining to investigate Trump University after her campaign received a $25,000 donation from the Trump Foundation, a decision she has defended as unrelated to the contribution. She also worked as a lobbyist for Ballard Partners, representing clients like Amazon, Uber, and GEO Group, some of which have had dealings with the Justice Department under the Biden administration. Senators are likely to probe potential conflicts of interest arising from her lobbying background.Bondi has pledged to consult ethics officials on any conflicts. Her confirmation hearing follows contentious reviews of other Trump Cabinet picks, with Democrats raising concerns about loyalty to Trump's personal interests over those of the United States. The outcome of Bondi's nomination remains uncertain, as the Republican-majority Senate considers her extensive ties to Trump and her record as a lobbyist and public official.Trump's attorney general pick Pam Bondi to face US Senate grilling | Reuters This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
Mark Zuckerberg is the chief executive of Meta Platforms Inc., the company behind Facebook, Instagram, Threads, WhatsApp, Meta Quest, Ray-Ban Meta smart glasses, Orion augmented reality glasses, and other digital platforms, devices, and services. about.facebook.com Take ownership of your health with AG1 and get a FREE bottle of Vitamin D3+K2 AND 5 free Travel Packs with your first subscription. Go to drinkag1.com/joerogan Learn more about your ad choices. Visit podcastchoices.com/adchoices
Oral Arguments for the Court of Appeals for the Federal Circuit
Xerox Corporation v. Meta Platforms, Inc.
Oral Arguments for the Court of Appeals for the Seventh Circuit
Metroplex Communications, Inc. v. Meta Platforms, Inc.
Регистрация на Онлайн-курс БЛОГ СТОМАТОЛОГА - https://dardentaluniversity.com/dentalblogОнлайн школа для стоматологов DAR DENTAL UNIVERSITY
Онлайн школа для стоматологов DAR DENTAL UNIVERSITY
Онлайн школа для стоматологов DAR DENTAL UNIVERSITY
Онлайн школа для стоматологов DAR DENTAL UNIVERSITY
Онлайн школа для стоматологов DAR DENTAL UNIVERSITY
Oral Arguments for the Court of Appeals for the Federal Circuit
Mirror Worlds Technologies, LLC v. Meta Platforms, Inc.
Онлайн школа для стоматологов DAR DENTAL UNIVERSITY
Онлайн школа для стоматологов DAR DENTAL UNIVERSITY
Онлайн школа для стоматологов DAR DENTAL UNIVERSITY
Онлайн школа для стоматологов DAR DENTAL UNIVERSITY
In this episode, we dive into the growing wave of lawsuits being filed against Meta, the parent company of Facebook and Instagram, Snapchat, Discord, Tik Tok by parents and guardians concerned about the mental and physical harm these platforms are causing younger users. Research indicates a troubling rise in social media addiction among teens, leading to severe mental health issues, including anxiety, depression, self-harm, eating disorders, and even suicide.The issue gained significant attention when Frances Haugen, a former Facebook manager, leaked internal documents revealing Meta's knowledge of its platforms' harmful effects on users, especially teens. These documents exposed how Meta's algorithms are designed to maximize engagement at the expense of user well-being, often pushing content that promotes body image issues, risky behaviour, and mental health struggles.We'll explore the specific cases brought against Meta, such as the lawsuits filed by families who have lost loved ones to suicide or who are dealing with the repercussions of social media addiction. We'll also discuss the legal strategies being employed, including product liability and tort law, aimed at holding Meta accountable for prioritizing profits over safety.Snapchat, owned by Snap Inc., is a preferred social media platform for 35% of teens, with over 85 million users in the U.S. as of 2020. Its popularity is driven by features that limit parental monitoring, encourage daily use, and allow users to share their location, raising significant safety concerns.One notable case is Rodriguez v. Meta Platforms Inc. et al., where nine-year-old Selena Rodriguez became addicted to Snapchat and Instagram, leading to sleep deprivation, bullying, and severe mental health issues, culminating in her suicide at age 11.In Doffing v. Meta Platforms Inc. and Snap Inc., Brittney Doffing is suing on behalf of her daughter M.K., who developed an addiction to Instagram and Snapchat at 14, resulting in sleep loss, body image issues, and psychiatric hospitalizations.Other cases include Heffner vs. Meta and Snap Inc., where Ashleigh Heffner's son Liam Birchfield became addicted to these platforms, leading to his suicide, and Dawley vs. Meta and Snap Inc., where CJ Dawley, a high-achieving student, fatally shot himself after becoming obsessed with social media.Additionally, Snapchat is implicated in facilitating fentanyl poisonings, due to its features that allow users to erase communications easily. The FBI is investigating Snapchat's role in the fentanyl poisoning deaths of teens, and lawsuits have been filed to represent these victims and their families.https://www.linkedin.com/in/laura-marquez-garrett-447a491b/https://socialmediavictims.org/#SocialMediaLawsuits #MetaLawsuits #SnapchatLawsuits #ProtectOurKids #MentalHealthAwareness #SocialMediaAddiction #TeenMentalHealth #TechAccountability #StopSocialMediaHarm #DigitalSafety #ParentalAwareness #YouthWellbeing #SocialMediaImpact #AnxietyAwareness #DepressionAwareness #EatingDisorders #SuicidePrevention #SocialMediaReform #OnlineSafety #AddictionAwareness #ProtectTeens #SafeSocialMedia #SocialMediaResponsibility #VictimsRights #HoldTechAccountable #SocialMediaVictims #DigitalWellbeing #FentanylCrisis #SnapchatSafetySupport the showSubscribe and support the podcast at https://www.buzzsprout.com/367319/supporters/newLearn more at www.profselenabartlett.com
Instagram's parent company, Meta, knew the harm the platform was inflicting on minors and did nothing to mitigate it, according to a lawsuit filed against the social media giant. In 2023, Tennessee Attorney General Jonathan Skrmetti filed a lawsuit against Meta Platforms Inc., calling on the company to prioritize the protection of minors.“Over about the last 15 years, the mental health of American teenagers has plummeted in anxiety, suicidality, depression, sleep deprivation—all these metrics that show something is not right,” Skrmetti told "The Daily Signal Podcast."“Not only do we have experts who say it was social media, there have been a variety of leaks from within the social media companies that indicate they knew that it was having this negative effect,” he says. While Skrmetti says that “social media [are] not inherently bad,” and the lawsuit is not intended to micromanage platforms such as Instagram, it's Meta's responsibility to make its products "safe for kids.”Skrmetti joins “The Daily Signal Podcast” to discuss where the lawsuit against Meta stands. He also discusses his state's fight to protect women's sports against males who identify as women entering female athletics. Enjoy the show! Hosted on Acast. See acast.com/privacy for more information.
Instagram's parent company, Meta, knew the harm the platform was inflicting on minors and did nothing to mitigate it, according to a lawsuit filed against the social media giant. In 2023, Tennessee Attorney General Jonathan Skrmetti filed a lawsuit against Meta Platforms Inc., calling on the company to prioritize the protection of minors. […]
Markets having a tough time and a big week of data is coming. Got the 5% correction - is there more? M&A - Another deal dies PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter DONATE - Show 700 Campaign Warm Up - Markets having a tough time - Happy Passover! - SHOW 700 coming up! - Happy belated 420 Day to our fine smoky listeners - Jumping to Conclusions - We have a limerick! Market Update - Big week(s) coming for economics - Got the 5% correction - is there more? - M&A - Another deal dies - Earnings - Tech on deck - Historic Treasury Auction this week - need to pay the bills since tax receipts not doing it and lots of debt outstanding Who Would think??? - UK - FTSE 100 at all-time high! Recap: - Microsoft Corp., Meta Platforms Inc., Google parent Alphabet Inc. and Tesla Inc., all of which are among the so-called Magnificent Seven group of tech giants, will report THIS WEEK week. - Technology stocks are selling off, with the Nasdaq 100 Index registering its biggest weekly drop since November 2022 in the midst of a four-week losing streak, its longest since December 2022. - Even AI darling Nvidia Corp. is getting hit, plunging 10% on Friday and wiping out $212 billion in market value for its worst day since the Covid pandemic in March 2020. MAG7 Profit Outlook - But hope is on the horizon. Profits for the Mag Seven — which also includes Apple Inc., Amazon.com Inc. and Nvidia — are forecast to rise 38% in the first quarter from a year ago, dwarfing the overall S&P 500's 2.4% anticipated year-over-year earnings growth, according to Bloomberg Intelligence data. - Around 178 S&P 500 companies — representing more than 40% of the index's market capitalization — will post results next week. But the biggest expectations are for megacap tech firms. = = Nvidia, which Goldman Sachs Group Inc.'s trading desk dubbed “the most important stock on planet Earth,” doesn't report its earnings for another month. Tesla - Stock down a lot - DOWN 43% YTD - Down 65% from high set November 2021 - Tesla is recalling nearly 3,900 of its Cybertrucks due to an issue with the vehicle's accelerator pedal. - The recall, announced Wednesday, was prompted by accelerator pedal pads in the trucks that "may dislodge and cause the pedal to become trapped by the interior trim," - All of the 3,878 of the 2024 Cybertrucks that Tesla built between Nov. 13 and April 4 are subject to the recall, the electric vehicle maker's safety recall report said. - And then: Tesla on Saturday slashed the price of its Full Self-Driving (FSD) driver assistant software to $8,000 from $12,000 in the United States, as CEO Elon Musk reaffirms his commitment to self-driving technology. - Musk is betting the technology will become a major source of revenue for the world's most valuable automaker. But he has for years failed to achieve the goal of self-driving capability, with the technology under growing regulatory and legal scrutiny. ----- Could be a short squeeze setting up for earnings (Tonight) - READ MORE>>>>> Tesla Earnings - Tesla misses by $0.04, misses on revs, gross margin down 199 bps yr/yr, reiterates that in 2024, vehicle volume may be notably lower than the growth rate achieved in 2023 - Total GAAP gross margin of 17.4%, down 199 bps yr/yr. - Operating expenses up 37% yr/yr to $2.53 bln. - Total Deliveries down 9% to 386,810. - Outlook: Co states, "Our company is currently between two major growth waves: the first one began with the global expansion of the Model 3/Y platform and we believe the next one will be initiated by advances in autonomy and introduction of new products, including those built on our next generation vehicle platform.
Meta Platforms Inc. increased its spending estimates for the year and projected second quarter sales that were below Wall Street's expectations, once again raising questions about whether its futuristic tech bets will pay off for investors. Bloomberg Radio hosts Carol Massar and Tim Stenovec speak with Bloomberg News contributor Jon Erlichman and Bloomberg Intelligence senior analyst Mandeep Singh for instant analysis and reaction. See omnystudio.com/listener for privacy information.