Meta Reaches $18 Billion Settlement Over Claims It Harmed Teens

What you'll learn

• 1 (00:18) **Meta Reaches $18 Billion Settlement on Teen Harm Claims** - The episode opens with Meta agreeing to a landmark settlement with nearly all U.S. states over claims that Facebook and Instagram harmed teenagers, ending a massive federal trial before it could begin.
• 2 (03:38) **Nvidia Reports Blowout Quarter, Shares Dip in After-Hours** - Nvidia reported sales of over $96 billion, beating Wall Street expectations, but investors sent shares down in after-hours trading.
• 3 (04:03) **FBI Shuts Down Chinese Hacking Operation Targeting U.S. Agencies** - U.S. officials say they have dismantled a large-scale hacking operation linked to China that targeted NASA, the Federal Reserve, the Department of Energy, the Senate, power companies, and hospitals.
• 4 (04:43) **FDA Approves Breakthrough Pancreatic Cancer Drug Razon Q** - The FDA approved a new drug from Revolution Medicines that targets a mutation driving a third of all human cancers, with study results showing patients lived nearly twice as long as those on chemotherapy alone.
• 5 (07:04) **Markets Close Slightly Lower; Fed's Preferred Inflation Metric Holds Steady** - Stocks ended the day down slightly, with the Dow losing 0.2%, as the Fed's preferred inflation gauge remained at 3.7% for July.
• 6 (07:31) **Trump Administration Imposes New Financial Vetting for Immigrant Visas** - The administration is training officers on new guidance for vetting applicants' finances, continuing efforts to limit legal immigration by people of limited financial means.
• 7 (08:45) **Flash Floods Devastate Nepal-Tibet Border, Killing at Least 100** - Flash floods tore through towns along a popular pilgrimage route, killing at least 100 people, with hundreds more missing, including over 130 travelers from India and nearly 50 from the U.S.

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