COVERAGE GAP

Meta Fined $567M in Child Safety Case

New Mexico court orders Meta to pay $567 million for child safety violations on Facebook and Instagram.

COVERAGE GAPRIGHT SOURCES ONLY

WHAT'S CONFIRMED

▸Meta was ordered to pay $567 million in a New Mexico child safety case. — BBC Business, CNBC, Forbes, Fox Business

NOT REPORTED ELSEWHERE

▸The ruling brings Meta's total fines in the case to $942 million including prior ordered payments of $375 million. — BBC Business
▸A judge ruled the company violated New Mexico's unfair practices act in the child harms case. — CNBC
▸The judge noted Meta created a public nuisance by being a significant contributor to the state's teen mental health crisis. — Forbes
▸Meta must implement sweeping new protections for teens using Facebook and Instagram. — Fox Business

Keep comparing

Tesla unveiled its new Roadster in Texas on Thursday with production delayed until 2028.

Tesla shares climbed about 2% in morning trading on Friday after the unveiling.

A stampede and truck ramming killed at least 33 people during religious festivities in India.

A stampede and truck ramming into a crowd killed at least 33 people during religious festivities.

Indian police detained Cockroach Janta Party founder Abhijeet Dipke before a Delhi protest over voter-roll revision.

Abhijeet Dipke was detained on Friday ahead of a New Delhi demonstration.

DEVELOPING TIMELINE

First Report Oct 10: Indian authorities detained youth protest leaders and thousands of protesters in Delhi to stop a planned demonstration.

Oct 13: Opposition demands chief election commissioner resign over voter roll

Friday: Cockroach Janta Party vows renewed march despite police notice

Saturday: Cockroach Party founder detained before Delhi protest

Fed Chairman Warsh gave no signal of an October rate hike in Bangkok, weakening dollar and easing market expectations.

Warsh's speech eased bets on an October rate hike.