
Snap has launched its $2,195 augmented reality glasses.
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Snap has launched its $2,195 augmented reality glasses.

As the company struggles with profitability, Snap’s CEO is doubling down on a hardware play that has made some investors wary.

Meta may have just rewritten the rules its rivals must follow.

On Aug. 26, 2026, hotter-than-expected July inflation and rising bond yields shifted rate-cut expectations, weighing on chip stocks ahead of Nvidia's earnings.

The main stock indexes failed to make big moves on Wednesday ahead of Nvidia's earnings report, while Meta settled a landmark social media case.

Aug 26 (Reuters) - Meta Platforms agreed to pay a maximum $16.68 billion as part of a settlement to resolve claims brought by states across the country that the company designed Facebook and Instagram

Aug 26 (Reuters) - Meta Platforms reached a settlement to resolve claims brought by states across the country that the company designed Instagram and Facebook to addict children, misled consumers

Meta Platforms Inc. and state attorneys general have discussed a possible mid-trial settlement of a blockbuster case accusing the company of deliberately designing Facebook and Instagram to addict teens, people familiar with the matter said.

Eight months after implementing a ban on under-16s accessing social media services like TikTok, Australia finds its younger users are returning in droves, according to new data from Qustodio.
(Updated with response from Meta spokesperson in the seventh paragraph.) Meta Platforms (META), A
(Updated with response from Google spokesperson in sixth paragraph.) Meta Platforms (META), Alpha
(Updated with response from Snap spokesperson in fifth paragraph.) Meta Platforms (META), Alphabe
Meta Platforms (META), Alphabet's (GOOGL) Google and Snap (SNAP) face one fewer teen social media ad

Meta Platforms Inc. is headed to court Tuesday for a high-stakes showdown with a coalition of state attorneys general over claims that the company deliberately designed Facebook and Instagram to encourage compulsive use among young users.

A child safety trial opening Tuesday in federal court is hammering Meta Platforms stock and pulling Pinterest and Snap down with it, even though neither faces the bench, as potential damages the company itself has flagged approach its entire market cap.

A federal appeals court just stripped away the legal shield that social media platforms have relied on for decades, and Snap is absorbing the first blow with thousands of lawsuits now cleared to proceed against it.

On this episode of Stock Movers: - Shares of Alibaba (BABA) rise after disclosing a deal to sell its gaming arm and touting claims of more than 3 billion downloads for its open AI model. - Shares of DR Horton (DHI) and Macy's (M) are moved higher after Berkshire Hathaway disclosed stakes in the companies in a filing. - Shares of Snap (SNAP) are down in trading Monday. The stock is set to end its win streak over past two sessions.
Investing.com - U.S. stock futures were mixed on Monday, with technology stocks pointing to a firmer open, as investors scaled back bets on an impending Federal Reserve rate hike and looked ahead to a fresh batch of retail-sector earnings this week.

An appeals court ruled more than 3,000 lawsuits against Meta, Google, TikTok and Snapchat over addictive design claims targeting youth can proceed.

Snapchat’s second quarter saw a stronger-than-expected performance, which management attributed to momentum in both its advertising and subscription businesses. CEO Evan Spiegel emphasized that recent investments in ad platform automation and AI-powered tools have started to pay off, citing a 56% year-over-year increase in conversion events and growing adoption of new ad formats like sponsored Snaps. The company also benefited from major sporting events and robust growth among its small and medi
Revenue grew 19% as AI-powered ad tools drove conversions and subscriptions surged 85%.

<body><p>STORY: From Nvidia drumming up cash to four legged robots keeping homes safe.</p><p>This is Tech Weekly. </p><p>:: Tech Weekly</p><p>Nvidia said it's partnered with six major financial institutions to launch compute financing platforms...</p><p>aimed at raising over $500 billion in third-party capital for AI infrastructure.</p><p>Nvidia CEO Jensen Huang said on X that the company has the option to backstop up to $125 billion, or 25% of the potential deals.</p><p>The move highlights how surging demand for AI computing capacity is drawing institutional investors.</p><p>A U.S. appeals court allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat.</p><p>It's over claims they designed their products to be addictive to young users.</p><p>A San Francisco-based court rejected an appeal by Meta and TikTok seeking to overturn a lower court ruling requiring them to face more than 3,000 lawsuits filed in federal court.</p><p> Eyewitness video captured the moment China’s Long March 7A rocket exploded after take-off in Hainan.</p><p>State news agency Xinhua said the cause was under investigation.</p><p>The failure could trigger checks of other Chinese launches if investigators identify a problem involving shared components, manufacturing or Wenchang launch operations.</p><p>And would you trust a robot dog to keep you safe at home?</p><p>"Hey this is Landon from Undaunted products. How can I help you today?"</p><p>Robotic dogs are replacing overnight security guards at several Atlanta apartment complexes, where property managers say the machines are helping deter crime and improve safety.</p><p>At 445 Cleveland Apartments, two four-legged robots patrol the property's roughly 200 units.</p><p>The robots, operated by Atlanta-based startup Undaunted, are remotely controlled by human operators.</p><p>They monitor live camera feeds and communicate directly with residents through onboard speakers.</p></body>
Platforms like Meta, TikTok, Snapchat, and Google are facing a long road of litigation.
The appeals court ruled Section 230 provides a liability defense, not immunity, making Meta's appeal premature
A U.S. appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok, and other social media companies over claims they designed their products to be addictive to young users. The San Francisco-based 9th U.S. Circuit Court of Appeals rejected the companies’ bid to reverse a lower court’s ruling forcing them to face some 2,400 lawsuits over the claims filed in federal court. The companies, which also include Snap Inc's Snapchat, had argued that Section 230 of the Communications Decency Act of 1996 - which shields them from lawsuits over content posted by their users - also shields them from allegations that they failed to warn the public about the addictive nature of their platforms.
Pinterest stock fell late Tuesday, despite reporting second-quarter results that topped expectations. Pinterest's in-line third-quarter guidance may have been a disappointment after rival digital ad platforms Reddit and Snap offered stronger forecasts. The San Francisco-based Pinterest earned an adjusted 43 cents per share for the June-ended quarter, up 30% from a year earlier and ahead of the 36 cents per share that analysts polled by FactSet were forecasting.
Snap reported Q2 revenue of $1.6 billion, up 19% year over year, with daily active users reaching 493 million
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