Meta said Vermont had not alleged the company designed Instagram or its features in the state, nor that any claims about the app’s safety or addictiveness were made there.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
A bid by Meta Platforms (META) to avoid a lawsuit by Vermont's attorney general accusing the company
Shopify (NasdaqGS:SHOP) is being sued in Australia by a poster designer who claims the company failed to remove alleged copyright infringing "ghost stores" from its platform. The lawsuit focuses on Shopify's handling of infringement notices and its processes for dealing with suspected intellectual property violations. The case highlights questions about marketplace liability and how rigorously ecommerce platforms enforce content and store policies. Shopify runs a global ecommerce platform...
Boston Scientific (NYSE:BSX) has initiated two voluntary recalls of its LUX-Dx II arrhythmia detector and alarm devices. The recalls follow FDA enforcement reports citing failures in data collection and monitoring of critical cardiac events for certain patients. Issues include discrepancies in device programming interfaces that affect reliability of arrhythmia monitoring and treatment decisions. The recalls are ongoing and affect patients and clinicians in multiple regions, including the US...
When the Justice Department settled with Live Nation at the start of a long-awaited antitrust trial, it mounted a pressure campaign against a group of plaintiff states to demand that Republican attorneys general join the truce. Then-Attorney General Pam Bondi warned some of the GOP state officials that the deal was personal to President Trump, according to people familiar with the matter. Following the April jury verdict that found the company engaged in illegal monopolization, the states on Thursday asked a judge to impose sweeping changes on Live Nation, including forcing it to sell off its Ticketmaster subsidiary and some of the amphitheaters where it packs fans for summertime tours.
Santa Clara County filed a civil lawsuit against Meta Platforms (NasdaqGS:META), accusing it of knowingly profiting from scam ads that use AI systems. The suit targets Meta's advertising practices and claims the company prioritizes revenue over user safety. Alleged victims include seniors and small businesses that were defrauded through sophisticated scam campaigns. The case seeks financial penalties and broad changes to how Meta screens and serves ads on its platforms. Meta Platforms, the...
A new mortgage assistance program from Wells Fargo & Co. could help low- and moderate-income homebuyers.
Disney is facing a $5 million lawsuit over the use of facial recognition technology at Disneyland and Disney California Adventure Park in California. The complaint focuses on how biometric data, including information on children, is collected, disclosed, stored, and whether guests can opt out. The case raises fresh questions about privacy practices and regulatory compliance tied to Disney's theme park operations. Walt Disney (NYSE:DIS) is under legal pressure at the same time its stock...
Futu Holdings (NasdaqGM:FUTU) is under intense focus after China’s securities regulator issued an Investigation Notice and proposed administrative penalties over allegedly unlicensed securities and fund activities in mainland China, along with restrictions on certain operations. See our latest analysis for Futu Holdings. The regulatory probe and proposed penalties have triggered a sharp reset in sentiment, with the stock falling 27.5% on the day and down 49.7% year to date on a share price...
Tesla has officially cancelled plans to build a manufacturing plant in India, ending years of talks with local authorities. The company is dealing with a recall of more than 14,000 Model Y vehicles in the U.S. tied to a safety label issue. Tesla's commercial ties and equity exposure to SpaceX are growing, feeding ongoing speculation about a possible merger as a SpaceX IPO approaches. For investors watching NasdaqGS:TSLA, these developments land at a time when the stock trades at $426.01 and...
We recently published Jim Cramer Took A Side On Biggest AI Debate & Discussed These 13 Stocks. Adobe Inc. (NASDAQ:ADBE) is one of the stocks discussed by Jim Cramer. Cramer frequently discusses productivity software firm Adobe Inc. (NASDAQ:ADBE) in his morning appearances. In 2025, the CNBC TV host pointed towards the firm’s struggles in the […]
In recent weeks, Chewy has faced pressure after a disappointing earnings report, fresh California antitrust evidence implicating the company, and CEO insider share sales, all against the backdrop of its planned Modern Animal acquisition to expand into in-person pet healthcare. Together, these legal, operational and governance concerns have sharpened investor focus on Chewy’s risk profile and its ability to execute its broader pet-care ecosystem ambitions. We’ll now examine how the California...
Nokia (NYSE:NOK) is one of the best multibagger stocks to buy in 2026. On May 12, Nokia won a UK Court of Appeal ruling that permanently blocks London lawsuits brought by Acer and Asus, canceling an upcoming trial over video coding patents. The decision overturns a previous High Court ruling that had favored the Taiwanese […]
U.S. Food and Drug Administration (FDA) approved Hepcludex (bulevirtide-gmod) injection to treat chronic hepatitis delta virus.
Meta resolves a major school district case, but roughly 1,200 related lawsuits remain pending.
Tesla is recalling 14,575 Model Y SUVs in the U.S.
A U.S. appeals court upheld the dismissal of a whistleblower lawsuit accusing Amazon.com of facilitating customs duty evasion. Amazon.com introduced Alexa for Shopping, an AI assistant designed to personalize and streamline retail purchases across its platform. The company also rolled out two new Mastercard powered business credit cards aimed at business customers that use Amazon. Amazon.com (NasdaqGS:AMZN) is trading at $268.46, with the stock up 18.5% year to date and 32.2% over the past...
Multiple securities class action lawsuits have been filed against POET Technologies (NasdaqCM:POET), alleging misleading statements about its tax status and business agreements. Claims focus on an alleged failure to disclose likely PFIC status and related tax consequences for US shareholders. The suits also allege a breach of confidentiality that is linked to customer order cancellations and lost business. These issues raise fresh legal, governance, and commercial questions that are highly...
Deere (NYSE:DE) has been hit with a new class-action lawsuit alleging restrictive right to repair practices on its equipment. The suit, brought by Christy Webber & Co., claims Deere's repair policies have raised costs and extended repair times for customers. This case follows a prior settlement on similar issues and raises fresh legal questions around Deere's aftermarket repair model. For investors tracking Deere at a share price of $531.35, this legal turn adds another layer to the story...
Apple asked the U.S. Supreme Court on Thursday to review a lower court ruling that held the iPhone maker in civil contempt over fees it was charging on some outside purchases made by customers of its App Store. The petition to the Supreme Court escalates a years-long legal battle with “Fortnite” video game maker Epic Games, which sued Apple in 2020 seeking to loosen its control over transactions in applications that use the company's iOS operating system and its restrictions on how apps are distributed to consumers. A judge mostly dismissed Epic's lawsuit but issued an injunction in 2021 requiring Apple to let developers include links in their apps directing users to non-Apple payment methods.
The Breathitt County School District in Kentucky had sought over $60 million from Meta and other platforms over students' mental health
C3.ai (NYSE:AI) is back in the chat rooms again this month, up 7.28% in a week as retail traders bet the enterprise AI software story has finally bottomed at $9.28. But here’s what you should actually be watching. The C3.ai story is broken, not bottoming The fundamentals are unraveling beneath the surface. Q3 FY26 revenue ... Forget C3.ai. While It Burns Cash and Faces Lawsuits This 6.74% Yielding Pipeline Giant Is Quietly Powering AI Data Centers
Australian judge questions company's handling of class action case
Arm faces a new antitrust investigation in the U.S. over its dominant position in semiconductor licensing.
AT&T (T) filed a lawsuit against California to stop offering traditional copper-wire telephone servi
SanDisk co-founder and now Micron Technology CEO Sanjay Mehrotra once pointed to a defining childhood moment in which his father's persistence after repeated visa denials helped change the course of his life. Three Visa Rejections Before A Turning Point In...
ImmunityBio (IBRX) has been drawing attention after its lead product candidate Anktiva received FDA approval for use with BCG in certain bladder cancer patients, prompting investors to reassess the company’s broader immunotherapy pipeline and valuation. See our latest analysis for ImmunityBio. Since the FDA approval, ImmunityBio’s share price has cooled in the very short term, with 1-day and 7-day share price returns down 3% and 4.43%. However, the year-to-date share price return of 284.16%...
Waymo's vehicles are getting safer every day.
Wells Fargo has agreed to settle a lawsuit alleging discrimination in loan approvals.
A court has dismissed the amended shareholder lawsuit against Adobe related to alleged securities law violations tied to competition from Figma. The plaintiff is appealing the court's orders, keeping the case active and the legal issues unresolved. The dispute centers on Adobe's disclosures about competitive dynamics and product adequacy, which are important for assessing risk and governance. For investors following NasdaqGS:ADBE, this legal update sits alongside a stock that has faced...