Meta told to pay another $567m in New Mexico child safety lawsuit - bbc.com
ShareSaveAdd as preferred on GoogleKali HaysandLiv McMahon,Technology reportersWally Skalij / Getty ImagesMeta boss Mark Zuckerberg has seen his company face an increasing number of lawsuits over child safety - pictured here after testifying at a Los Angeles court in a separate case in FebruaryA US judge in New Mexico has ordered Meta to pay another $567m (£421m) for its failure to warn the public about dangers its platforms posed to children, marking the largest fine against the company over child safety. Judge Bryan Biedscheid said the social media giant is a "public nuisance" akin to air pollution and that it must put the money in a fund aimed at reducing future harms.
Nvidia Grew Revenue 71% and Still Costs 21 Times Forward Earnings. The Market Is Betting the Growth Stops. - The Motley Fool
Over the past 12 months, Nvidia (NVDA -0.10%) grew revenue 71% to $253 billion and more than doubled its net income, to about $160 billion. The stock, meanwhile, trades at about 21 times forward earnings (the profits the company is expected to produce over the next year) as of this writing.
Welcome to the Costco parking lot wars. It’s 'Survivor’ with cars - USA Today
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US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high - AP News
When the cost of nearly everything is rising, economists call it inflation. Even if paychecks also rise, inflation typically leads people feel like it’s harder to make ends meet, and it often becomes a major political issue.