Meta's $17B teen safety settlement is a 1% tax with a TikTok trap
The $17 billion price tag is pocket change; the design mandates are a lever to force TikTok and YouTube into the same safety cage.

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157 briefings · “EV”
The $17 billion price tag is pocket change; the design mandates are a lever to force TikTok and YouTube into the same safety cage.
In his first Jackson Hole speech, Kevin Warsh says underlying inflation hasn't improved, sending bond yields up and putting a September hike in play.
With inflation at 3.7% and financial conditions not restrictive enough, the Fed chair is signaling that rate hikes may be back - and the next meeting is weeks away.
Former Fed governor Kevin Warsh's latest remarks hint at a more hawkish pivot, raising stakes for investors and borrowers.
The Chinese EV giant's latest earnings reveal a strategic pivot: as domestic price wars bite, international markets are now the profit engine. Here's what that means for the global EV race.
The historic payout caps an eight-day trial, but Meta turned its punishment into leverage: YouTube and TikTok must match the terms or Meta pays less.
Utilities will pay you to let them control your devices. Here's what to know before you enroll.
The world's top carmaker is putting China before Japan for its next-generation EV build, a move that accelerates the global spread of Tesla's cost-cutting die-casting playbook.
Old Navy's new chief faces a turnaround as comparable sales decline, testing Gap's ability to revive its biggest brand.
The EV maker's finance chief departs amid a cash-intensive ramp; here's what it signals for Rivian's capital strategy and its peers.
The CRM giant's blockbuster quarter and expanded Anthropic partnership sent shares soaring and lifted the whole software sector, a clear signal that AI spending is now priced into enterprise winners.
Jes Staley's closed-door testimony to US lawmakers reveals a bizarre denial, but the real stakes are his credibility and the fallout for corporate governance.