Meta faces ‘astronomical’ consequences as legal fight reaches critical moment in California
Meta faces a federal trial over child safety claims that could bring major financial penalties and changes to Facebook and Instagram.

Meta faces a federal trial over child safety claims that could bring major financial penalties and changes to Facebook and Instagram.
Shipping traffic in the Strait of Hormuz sank to a new low as a ceasefire between the U.S. and Iran is set to expire on Monday with no deal in sight.
Technology giants are shelling out billions to scale capacity to meet massive data center demand.
President Trump was held civilly liable in the case by a New York federal jury for defaming and sexually abusing the writer E. Jean Carroll.
Recent SEC instructions on data center bonds appear applicable to the recent Nvidia financing move, lawyers say.
Maran Nalluswami, Synchrony's chief strategy officer, told CNBC it will probably take six to 12 months to get payments fully integrated into ChatGPT.
A falling VIX points to growing investor complacency ahead of a traditionally turbulent time for markets, strategists warn.
The U.S.-Iran deal was supposed to open the Strait of Hormuz while they negotiated a final deal on Tehran's nuclear program within 60 days.
Rep. John Larson of Connecticut, an advocate for expanding Social Security, was ousted in a Democratic primary contest Tuesday.
Because families struggle to pay for school, many students and their parents increasingly depend on federal and private aid to help foot the bill.
The odds are higher than they were before 12 states sued to block the merger, but lower than after Paramount delayed the acquisition in late July.
Brockman told CNBC he doesn't think the wave of recent departures at OpenAI are 'actually that atypical.'
CNBC asked media insiders what they think the TV market — from pay TV subscribers to sports ratings — will look like in three years.
The S&P 500 is up more than 6% in 12 trading days to record levels.
Peter Thiel’s hedge fund disclosed a $76 million stake in Argentine oil producer Vista Energy, sending its shares higher in premarket trading.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Russia struck port infrastructure in Ukraine’s Odesa region, damaging a Togo-flagged civilian vessel near Izmail after Kyiv launched a major drone attack on Moscow.
The auction of the Luce comes nearly three months after Ferrari unveiled its first fully electric car, which was priced at 550,000 euros (roughly $640,000).
Investors have flocked to short-term investments like ultra-short bond funds in anticipation of a stock market correction and with long-term bonds broken.
Rivian is trying to catch up to Tesla's "hands-free" capabilities, but with additional safety guardrails that the Elon Musk company doesn't have.
AOC is highlighting the cost of freezing her eggs. Here's what to know about health insurance coverage, state laws and taxes associated with the process.
Lamborghini's Revuelto SV is a limited-edition V12 hybrid with over 1,050 horsepower, a 2.4-second 0-to-100 kph time and a $741,172 starting price.
The rapid drawdown of the U.S. Strategic Petroleum Reserve could damage the caverns that store the oil, experts warn.
With November's midterms fast approaching, cannabis reform is an issue. It's popular with voters, but its power to tilt elections remains uncertain.