Meta Platforms has reached a proposed $18 billion settlement to resolve landmark lawsuits filed by dozens of state attorneys general accusing the company of engineering addictive social media platforms for youth and violating child privacy laws. Pending final court approval, the agreement concludes a high-profile trial brought by state regulators, led by California Attorney General…
A federal judge in Florida has found President Donald Trump’s lawsuit against the Internal Revenue Service was brought in “bad faith” for an “improper purpose” — and slapped sanctions on some of those involved. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. U.S. District Judge Kathleen Williams, an…
In early June, a warm evening in Mogadishu was punctuated once again by the staccato of gunfire and mortar shells. Not the result of an ambush by Al-Shabaab or a quarrel over a checkpoint, but rather deadly clashes emanating from a federal government seeking to secure its political grip on the capital. The violence had…
15m ago Netanyahu says he and Trump in “complete agreement” that “Iran will not have nuclear weapons” Israeli Prime Minister Benjamin Netanyahu vowed Friday that as long as he is the country’s leader, “Iran will not have nuclear weapons,” adding that he and President Trump “are in complete agreement on this issue.” “For over…
President Trump said the U.S. would hit Iran with “bigger” strikes Thursday, but said he didn’t know if “America has the appetite” for an operation to take Iran’s strategic Kharg Island. “There will be more bombing tonight. It will be bigger – bigger, more powerful,” he said on the “Fox & Friends” program, adding that…
Pakistan says it is ready to host talks on ending the US-Israel war on Iran. As the US-Israel war on Iran continues to escalate, Pakistan has emerged as a potential facilitator to secure an end to the fighting. Its foreign minister has hosted a meeting with the top diplomats of Saudi Arabia, Turkiye and Egypt….
Nedbank Group reported a 2% increase in headline earnings to R17.2 billion for the year ended Dec. 31, 2025, as it completed the sale of its Ecobank stake and settled a dispute with Transnet. Diluted headline earnings per share rose 3% to 3,628 cents. Return on equity eased to 15.4% from 15.8%. The bank declared…
NALA has partnered with UK-based payments infrastructure provider Noah to launch a cross-border settlement network that allows merchants in Africa and Asia to receive US dollar payments and convert instantly into local currencies using stablecoins. The new network is integrated into NALA’s B2B payments platform, Rafiki, which launched in March 2024. It targets global companies…
Amazon will pay $2.5 billion to settle Federal Trade Commission allegations that the company duped users into paying for Prime memberships, the regulatory agency announced Thursday. The surprise settlement comes as Amazon and the FTC were just three days into the trial in a Seattle federal court. Opening arguments in the case occurred Tuesday, but…
Anthropic, the company behind the Claude chatbot, has agreed to a record-breaking $1.5 billion settlement to resolve a class-action piracy lawsuit brought by more than 500,000 authors. The payout is the largest ever for a copyright case in the United States and sets a major precedent for the AI industry. Read: Study finds signs of…
