facebook consumer privacy user profile litigation

Americans Begin Receiving Payments From Facebook Consumer Privacy and User Profile Litigation

Many Americans have started receiving payments from Facebook due to the consumer privacy and user profile litigation lawsuit. In May 2025, Meta Platforms Inc., the parent company of Facebook, began distributing payments to millions of U.S. users as part of a historic $725 million class-action settlement. This settlement resolved allegations that Facebook improperly shared user…

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Lawmakers and Crypto Executives Clash Over DeFi Regulations as Government Shutdown Continutes

Tensions reached a boiling point in Washington this week as U.S. lawmakers and cryptocurrency industry executives met to discuss the future of the crypto market structure bill. The meeting followed a leaked proposal from Democratic senators that would impose strict permissioned requirements on the decentralized finance (DeFi) sector, sparking outrage among crypto advocates. According to…

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verizon class action lawsuit settlement

Verizon Class Action Lawsuit Ends in Settlement Over Administrative Fees

The Verizon class action lawsuit has ended in a colossal settlement, and claimants will soon receive their compensation.  Verizon Communications Inc. has agreed to a $100 million settlement in a class action lawsuit alleging that the company charged customers undisclosed administrative and recovery fees between January 1, 2016, and November 8, 2023. The settlement aims…

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California Governor Gavin Newsom Signs AB 831 Into Law, Banning Online Sweepstakes Casinos

California has officially prohibited online sweepstakes casinos after Governor Gavin Newsom signed AB 831 into law. The legislation makes it illegal to facilitate or promote sweepstakes-style online gaming. Enforcement now extends beyond operators to include payment processors, affiliates, content suppliers, and platform providers. The law targets unregulated gaming models that mimic casino experiences but operate…

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What Companies Are in the Consumer Durables Field?

There are many well known companies in the consumer durables field, spread across various sub-categories. The consumer durables sector includes companies that manufacture goods designed to last for several years. Unlike consumables such as food or toiletries, durable goods — including appliances, vehicles, electronics, and furniture — provide long-term utility and often require significant upfront…

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U.S. Senate Advances AI Export Restrictions Via GAIN Act, Raising Crypto Mining Concerns

The U.S. Senate has passed a new artificial intelligence (AI) amendment that could reshape global technology trade and impact industries from chipmaking to crypto mining. Lawmakers approved the Guaranteeing Access and Innovation for National Artificial Intelligence Act of 2026, or GAIN Act, as part of the National Defense Authorization Act (NDAA). The legislation requires chipmakers…

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St. Louis Federal Reserve President Alberto Musalem Backs More Rate Cuts as ‘Insurance’ for Labor Market

St. Louis Federal Reserve President Alberto Musalem indicated Friday that there may be room for an additional interest rate cut to support the U.S. labor market. Speaking at the Springfield Area Chamber of Commerce in Missouri, Musalem emphasized the need for caution, noting that inflation remains “materially” above the Fed’s 2% target. “I am open-minded…

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