Tag: settlement
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Norway seizes Russian ship on Ukrainian arbitration claim
Authorities in Norway have seized a Russian ship, the Professor Molchanov, on a court order sought and obtained by Naftogaz in Ukraine. Russia has protested the move, which stems from its refusal to pay Naftogaz damages.
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Explainer-Settlement requires Meta to check young users’ ages. How will that work?
Aug 31 : Meta has agreed to improve how it verifies the age of users of its platforms such as Facebook and Instagram as part of an $18 billion legal settlement with U.S. states that is aimed at curbing children’s use of social media.Here is a look at what Meta said it will do to…
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‘Not far enough’ – parents and teens on Meta’s new limits for young users
As part of an $18bn settlement in a child-safety lawsuit, Meta announced new restrictions on its apps. We asked families what they thought.
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Meta settlement falls short on teen mental health protections, whistleblower says
Aug 27 : A whistleblower whose testimony helped build a child safety case against Meta Platforms said on Wednesday that the firm’s settlement with a coalition of U.S. states does not meaningfully address harms from social media that he described in court. Former Meta safety engineer Arturo Bejar told a judge
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Analysis:Meta’s social media settlement leaves its money machine unscathed
Aug 27 : Meta Platforms emerged from its biggest legal challenge in the U.S. with its core business intact.The social media giant agreed on Wednesday to pay as much as $18 billion over a decade and limit how teenagers use Facebook and Instagram under a sweeping agreement with nearly all U.S. states to resolve
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Meta reaches settlement over social media case
Aug 26 : Meta Platforms agreed to pay a maximum $16.68 billion and make major changes to Facebook and Instagram to resolve claims by states across the U.S. that the company designed those platforms to addict children, misled consumers about their safety, and improperly collected children’s personal data, court paper
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Meta settles in US states lawsuit on teen user addiction
Meta has agreed to pay what could amount to billions of dollars and to implement platform usage limitations on young users in a lawsuit brought by US states. The challenge revolved around addiction issues and overuse.
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Meta reaches $16.68 billion settlement over social media case
Aug 26 : Meta Platforms agreed to pay a maximum $16.68 billion as part of a settlement to resolve claims brought by states across the United States that the company designed Facebook and Instagram to addict children, misled consumers about their safety, and improperly collected personal data of children who used its
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California AG says no settlement talks scheduled with Paramount
LOS ANGELES Aug 25 : California Attorney General Rob Bonta said on Tuesday there are no settlement talks scheduled with Paramount Skydance to resolve the antitrust suit seeking to block the studio’s proposed $110 billion acquisition of Warner Bros Discovery.Bonta said he canceled a scheduled Monday meeting af
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Japan eyes blockchain for instant stock, government bond settlement, Nikkei reports
Aug 26 : Japan is preparing to set up a payment infrastructure to enable instantaneous settlement of transactions in stocks and Japanese government bonds using blockchain technology, the Nikkei newspaper reported on Wednesday.The Financial Services Agency, the Ministry of Finance, the Bank of Japan and financ
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