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Meta Reaches $18 Billion Settlement Over Claims It Harmed Teens

Aug 26, 2026 · 9m

Summary

Meta settled an $18 billion lawsuit over teen harm, imposing strict usage limits on its apps. The FDA approved a groundbreaking pancreatic cancer drug that significantly extends patient survival. Meanwhile, the FBI dismantled a Chinese hacking network targeting US institutions, and NVIDIA reported strong earnings. The episode also covers deadly flash floods in Nepal and new US immigration visa restrictions.

Topics discussed

Intro: AWS ad, Meta settlement, FDA drug, and FBI hack takedown Meta's $18B settlement and new teen usage limits on social apps NVIDIA reports blowout earnings but shares drop in after-hours FBI shuts down Chinese hacking network targeting US institutions FDA approves breakthrough pancreatic cancer drug RazonQ Preview of Nepal floods and Polymarket prediction market ad Markets close lower as inflation data holds steady at 3.7% State Department pauses immigrant visas for new vetting guidance Flash floods kill 100+ in Nepal and Tibet; glacier theory leads Sign off and production credits
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