Bloomberg Technology
Meta, Google Found Liable on Social Media Addiction
Meta Platforms Inc. and Alphabet Inc.’s Google are found liable in a social media addiction trial. A jury says Meta must pay at least $2.1 million in damages, and Google must pay at least $900,000 to a 20-year-old woman who said the platforms caused her to suffer a mental health crisis. June Grasso reports on…
Bloomberg Technology
Jackson Hole, Anthropic’s Court Win and PayPal Deal Collapse | Bloomberg Tech 8/28/2026
Bloomberg’s Tim Stenovec zeroes in on Jackson Hole after Federal Reserve Chairman Kevin Warsh delivered his first address at the Symposium. Plus, a US judge rules that the Trump administration must lift its ban on Anthropic’s AI tech for federal agencies. And, a consortium of Advent and Stripe decided to abandon its pursuit of PayPal,…
Bloomberg Technology
Anthropic Scores Legal Win Against Trump Administration
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Bloomberg Technology
AI Could Push Inflation Either Way, Says BOE’s Bailey
Bank of England Governor Andrew Bailey says AI could prove either inflationary or disinflationary depending on whether its impact on demand arrives before productivity gains on the supply side. Speaking at Jackson Hole, Bailey also discusses the UK inflation outlook, why he agrees with Federal Reserve Chairman Kevin Warsh on the limitations of forward guidance,…
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