Meta announced this week that it has agreed to pay up to $18 billion to settle a landmark trial over social media addiction. It also agreed to add stronger child-safety measures on its platforms like Instagram and Facebook. Some of the changes could include new screen time limits, disabled notifications and restrictions during school hours.
Plus, Nvidia reported strong quarterly earnings earlier this week, again. And while investors have been wary of AI spending, Wall Street seemed pleased with the results this time. And the Environmental Protection Agency is planning to eliminate a requirement that forces states to publicize and seek public feedback for new air pollution permits. Anita Ramaswamy at The Information joins Marketplace’s Meghan McCarty Carino for these stories.
Meta reaches $18 billion settlement over teen social media addiction | AP News from The Associated Press
E.P.A. Moves to Curb Public Input on Air Pollution Permits for Data Centers - The New York Times from The New York Times
Nvidia Adds $442 Billion in Second Biggest Ever Stock Surge - Bloomberg from Bloomberg
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