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Meta Settles With US States For $16.7 Billion Over Social Media Harms To Children

Meta Settles With US States For $16.7 Billion Over Social Media Harms To Children Meta Platforms has reached a $16.7 billion settlement to resolve a landmark claim brought by several states that the company designed Instagram and Facebook to addict children, improperly collected children's personal data, and misled consumers about their safety.  The deal was in a Wednesday court filing in California after a lawsuit was brought by 29 states - with attorneys for  Colorado, California, New Jersey and Kentucky - leading the group. The states argued that features like infinite scroll were purposely engineered...
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Mar 29, 2026 / Tyler Durden
Birthright Citizenship Is National Suicide
Birthright Citizenship Is National Suicide Authored by Daniel Greenfield via The Gatestone Institute, Last year the Trump administration designated Mexico's Jalisco New Generation Cartel (CJNG) as a terrorist group, allowing the military to carry out strikes against it and its leadership, but the massive drug cartel across the border understands the weaknesses of our system all too well. That's why its new leader has American citizenship. Law enforcement, intelligence agencies and the military will have to jump through all sorts of legal hoops to spy on, target or take out Juan Carlos Valencia Gonzalez, who...
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Apr 24, 2026 / Tyler Durden
Jane Street Made A Record $40 Billion In Trading Revenue Last Year, More Than All Wall Street Banks
Jane Street Made A Record $40 Billion In Trading Revenue Last Year, More Than All Wall Street Banks The 10am slam in bitcoin, which we documented virtually every days since 2024 may have ended once Jane Street got busted for insider trading in the Terraform collapse, but that doesn't mean that the Wall Street HFT trading giant slowed down. On the contrary: according to Bloomberg, Jane Street Group reeled in a Wall Street record $39.6 billion of trading revenue last year, more than any Wall Street bank. According to the report,...
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Mar 23, 2026 / Tyler Durden
Tesla And SpaceX To Build Massive "Terafab" Chip Factory In Austin
Tesla And SpaceX To Build Massive "Terafab" Chip Factory In Austin Elon Musk announced that his proposed “Terafab” chip factory will be built in Austin and operated jointly by Tesla and SpaceX, according to Yahoo Finance and Bloomberg. The plan is to start with a smaller, highly advanced fabrication facility capable of producing and testing a wide range of chips, before expanding to a larger operation. Musk argues the semiconductor industry isn’t scaling fast enough to meet his companies’ growing demand for AI and robotics, so he sees building his own supply...
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