Core Viewpoint - YouTube has agreed to pay $24.5 million to settle a lawsuit related to the suspension of President Donald Trump's account following the January 6, 2021 Capitol riots, without admitting liability or fault [1]. Group 1: Legal Settlements - Trump initiated lawsuits against YouTube, Facebook, and Twitter in mid-2021 after the suspension of his accounts due to concerns over incitement of violence [2]. - Following Trump's return to the White House, tech companies have been settling disputes with him, with Meta agreeing to pay $25 million and Elon Musk's X (formerly Twitter) settling for approximately $10 million [3]. Group 2: Political Concerns - In August, several Democratic senators, including Elizabeth Warren, expressed concerns over a potential settlement with Trump, fearing it could be part of a quid-pro-quo arrangement that might violate federal laws [4][5].

Core Points - YouTube has agreed to pay $24.5 million to settle a lawsuit filed by Donald Trump after his account was suspended following the U.S. Capitol riot [1] - This settlement makes YouTube/Google the last of the three tech giants, including Meta and Twitter, to resolve legal actions initiated by Trump [1] - Meta previously settled for $25 million, with $22 million allocated to Trump's presidential library and the remainder for legal fees [2] - Twitter, now known as X, settled for $10 million [2] - Google executives aimed to keep their settlement amount lower than Meta's, with Trump's share of the YouTube settlement designated for a new ballroom at the White House [3] - Trump has been successful in securing cash from various legal settlements, including $16 million from Paramount and Disney for separate defamation lawsuits [4]

Core Points - Alphabet has agreed to pay $24.5 million to settle a case brought by Donald Trump following his ban from YouTube after the January 6, 2021, Capitol riot, with $22 million going directly to Trump [1][9] - The settlement concludes lengthy negotiations and follows similar agreements Trump reached with other platforms, resulting in over $57 million in total settlement money from social media bans [9] Group 1 - The settlement includes $2.5 million allocated to co-plaintiffs, which consist of various individuals and organizations [2] - YouTube suspended Trump's account shortly after the Capitol riot due to concerns about potential violence, with the account restrictions lifted in March 2023 [2][3] - Trump’s attorney did not provide immediate comments regarding the settlement [8] Group 2 - Trump has decided to allocate the $22 million settlement to the Trust for the National Mall and for the construction of a ballroom on the White House grounds [7] - Alphabet did not admit any liability or fault as part of the settlement agreement [10]

Core Viewpoint - The Snap Inc. class action lawsuit alleges that the company and its executives misled investors regarding advertising revenue and growth expectations, leading to significant financial losses for shareholders during the specified class period [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Abdul-Hameed v. Snap Inc., No. 25-cv-07844 (C.D. Cal.), and it involves purchasers of Snap securities from April 29, 2025, to August 5, 2025 [1]. - Investors have until October 20, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit claims that Snap's executives created a false impression of reliable advertising revenue information while downplaying macroeconomic instability [3]. Group 2: Allegations and Impact - On August 5, 2025, Snap reported disappointing second-quarter results, revealing a significant deceleration in advertising revenue, which was partly attributed to a change that led to reduced auction prices for campaigns [4]. - Following the release of these results, Snap's stock price fell by more than 17% [4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Snap securities during the class period to seek lead plaintiff status, representing the interests of the class [5]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [6].

Core Viewpoint - A class action lawsuit has been filed against Snap, Inc. for allegedly providing misleading statements regarding its advertising revenue growth, leading to significant losses for investors during the specified class period [8]. Allegation Details - The lawsuit claims that Snap's management made overly positive statements about the company's performance while concealing material adverse facts about its advertising revenue growth rate, which dropped from 9% in Q1 to only 1% in April [8]. - Snap's financial results announced on August 5, 2025, revealed a deceleration in advertising revenue growth, attributed to issues with its ad platform and other factors [8]. Stock Price Impact - Following the announcement of disappointing financial results, Snap's stock price fell from $9.39 per share on August 5, 2025, to $7.78 per share on August 6, 2025, marking a decline of approximately 17.15% in one day [8]. Next Steps for Investors - Investors who purchased Snap shares during the class period and suffered losses are encouraged to contact the law firm Bragar Eagel & Squire for more information and to discuss their legal rights [4][8].

OpenAI is planning to launch a social media app for artificial intelligence-generated videos, which could challenge ByteDance's (BDNCE) TikTok and similar offerings from Meta Platforms (NASDAQ:META) and Google (GOOG)(GOOGL), according to Wired. The Sora 2 app, which will feature a vertical ...

Core Viewpoint - A securities class action lawsuit has been filed against Snap Inc. and certain senior executives, alleging that the company misled investors regarding its digital advertising platform's performance and growth prospects [1][5]. Summary by Relevant Sections Lawsuit Details - The lawsuit targets investors who purchased Snap shares between April 29, 2025, and August 5, 2025, and seeks to hold the company accountable for investor losses [1][5]. - The complaint claims that Snap provided false assurances about the effectiveness and growth potential of its advertising platform, failing to disclose a significant "execution error" that negatively impacted its ad revenue [5][10]. Financial Performance - Snap reported its Q2 2025 results on August 5, 2025, missing analyst estimates for GAAP EPS and revealing a slowdown in ad revenue growth from 9% in Q1 to just 1% in April [6]. - Following the disclosure of these results, Snap's stock price dropped approximately 17% the next day [7]. Investigation and Call to Action - Hagens Berman, a law firm representing investors, is investigating the claims and encourages those who suffered losses to come forward [8][10]. - The firm is particularly interested in whether Snap was aware of the execution error and the resulting revenue deceleration but chose to delay disclosure [10].

Key Points Reddit's stock price has surged more than 600% since market close on the day of its IPO. The company has been posting strong expansion for sales and margins. 10 stocks we like better than Reddit › Reddit (NYSE: RDDT) stock has been a big winner since its initial public offering (IPO). Since the day of its market debut in March 2024, the company's share price has rocketed 606% higher as of this writing. With such incredible gains across a relatively short period of time, it's not unreason ...

Core Insights - LinkedIn has introduced new features aimed at simplifying ad campaign creation for small and medium-sized businesses (SMBs), including enhanced auto-targeting, AI-generated ad variants, and improved optimization recommendations [1][2]. Group 1: Auto-Targeting Enhancements - LinkedIn's improved auto-targeting tools allow businesses to reach their ideal audience with minimal input, utilizing professional signal intelligence to create a high-value audience based on a few key signals [2][3]. - The new auto-targeting capabilities enable businesses to find receptive users who may have been overlooked in previous targeting efforts, thus broadening the potential audience [3]. Group 2: AI Tools for Ad Creation - LinkedIn has launched "Draft with AI," which leverages existing ad content, Shutterstock visuals, and generative AI to quickly produce new ad variations, including headlines and intro text [4][5]. - The AI-generated outputs are editable, allowing businesses to maintain creative control while increasing ad production efficiency [5][6]. - This combination of automated targeting and ad generation signifies a shift towards more automated advertising processes, potentially enhancing response rates [6].

Core Insights - Meta is experiencing challenges in growth due to its large user base, making it difficult to achieve rapid percentage growth compared to platforms like TikTok and Pinterest [2][3] - Instagram is showing a positive year-over-year growth of 12%, indicating effective audience engagement and monetization strategies [3][4] - The introduction of new features on platforms like Pinterest has contributed to its growth, surprising analysts [3] Meta's Performance - Meta's overall ad visits are slightly negative, but the company maintains a dominant position in the social media advertising space [6][7] - The company has reached three billion monthly active users on Instagram, which is crucial for its monetization efforts [8] - Meta is effectively utilizing new tools and technologies to enhance ROI for advertisers, despite the challenges posed by competition [7] Product Innovations - The new Ray-Ban glasses are receiving positive feedback, suggesting that Meta is capable of delivering innovative products that could attract a meaningful audience [10][13] - The growth in Instagram is significantly driven by the Reels feature, which has improved engagement and advertising opportunities [18] Competitive Landscape - TikTok and Pinterest are growing faster on a percentage basis compared to Meta's platforms, highlighting the competitive pressures Meta faces [2][3] - Reddit is also gaining traction by enhancing its advertising platform through AI tools, further intensifying competition in the social media advertising market [5] Threads and Future Outlook - The Threads platform appears to be struggling to gain traction and may not be a focus for Meta moving forward [16][17] - The success of Reels is expected to drive higher ROI for advertisers, potentially increasing ad spend on Meta's platforms [18]