Meta Platforms has been the subject of several lawsuits. By some estimates, the potential fines for these lawsuits were as high as the market cap of the entire company. Today, the company settled several of these high-profile lawsuits for $18 billion and for several changes to its social media apps. Lou, Rachel, and Tyler dig into the details of the settlement and how it will impact Meta. Plus, Intuit’s earnings and the listener mailbag.
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Tyler Crowe, Rachel Warren, and Lou Whiteman discuss:
- Meta’s $18 billion settlement
- Was this a “best case scenario” for Meta?
- Intuit’s earnings: SasSpocalyse or corporate complacency?
- Mailbag: Will Uber’s European fines impact its future?
Companies discussed: META, GOOGL, INTU, UBER
Host: Tyler Crowe
Guests: Matt Frankel, Rachel Warren
Engineer: Dan Boyd
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