37 mins. ago
Of the thousands of lawsuits Meta faces over child safety on its platforms, none may be more consequential than one going to trial this week in California.
States are seeking extensive financial damages that could, in theory, total as much as $1.4 trillion, plus changes to how the company operates Facebook and Instagram.
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by knowingly and deliberately designing features that get children addicted to its platforms. It also claims that Meta routinely collects data on children under 13 without their parents' consent, in violation of federal law.
"Meta has harnessed powerful and unprecedented technologies to entice, engage, and ultimately ensnare youth and teens. Its motive is profit, and in seeking to maximize its financial gains," the lawsuit says.
Dozens of states filed the lawsuit three years ago. The trial set to begin Tuesday in federal court in Oakland, California, features four of the states as plaintiffs — California, Colorado, Kentucky and New Jersey. The other 25 states are expected to have trials later.
#features
States are seeking extensive financial damages that could, in theory, total as much as $1.4 trillion, plus changes to how the company operates Facebook and Instagram.
The lawsuit accuses the social media giant of contributing to the youth mental health crisis by knowingly and deliberately designing features that get children addicted to its platforms. It also claims that Meta routinely collects data on children under 13 without their parents' consent, in violation of federal law.
"Meta has harnessed powerful and unprecedented technologies to entice, engage, and ultimately ensnare youth and teens. Its motive is profit, and in seeking to maximize its financial gains," the lawsuit says.
Dozens of states filed the lawsuit three years ago. The trial set to begin Tuesday in federal court in Oakland, California, features four of the states as plaintiffs — California, Colorado, Kentucky and New Jersey. The other 25 states are expected to have trials later.
#features
1 hr. ago
On Mardi Gras day in New Orleans, if you're lucky or in the know, you can see a dazzling procession of Mardi Gras Indians, or Black Masking Indians, marching through the streets, resplendent in suits that are covered in beads, feathers, and rhinestones.
"The makers of the suits work on them all year long for the display on Mardi Gras day," correspondent Bill Whitaker told 60 Minutes Overtime. "And they are elaborate, and meticulous, and colorful, and beautiful."
The suits worn by big chiefs, the leaders of the so-called tribes, are often the most detailed and impressive, and that's by design. But the big chiefs aren't the only revelers who get dressed up.
On Mardi Gras morning, Whitaker and the 60 Minutes team met Elenora Brown, better known as Big Queen Rukiya, who masks with the Golden Eagles tribe. Queen Rukiya revealed her stunning sea green suit, covered in feathers, intricate bead work, a banner emblazoned with the words "America," and rhinestone alligators hiding in the sleeves.
"I tell the people the story of the alligator, and how we lived, and how he took care of us, and fed us… clothes, shoes. And he is a sacred symbol of Louisiana," the big queen told Whitaker.
#gras #suits #minutes #feathers
"The makers of the suits work on them all year long for the display on Mardi Gras day," correspondent Bill Whitaker told 60 Minutes Overtime. "And they are elaborate, and meticulous, and colorful, and beautiful."
The suits worn by big chiefs, the leaders of the so-called tribes, are often the most detailed and impressive, and that's by design. But the big chiefs aren't the only revelers who get dressed up.
On Mardi Gras morning, Whitaker and the 60 Minutes team met Elenora Brown, better known as Big Queen Rukiya, who masks with the Golden Eagles tribe. Queen Rukiya revealed her stunning sea green suit, covered in feathers, intricate bead work, a banner emblazoned with the words "America," and rhinestone alligators hiding in the sleeves.
"I tell the people the story of the alligator, and how we lived, and how he took care of us, and fed us… clothes, shoes. And he is a sacred symbol of Louisiana," the big queen told Whitaker.
#gras #suits #minutes #feathers
7 hours ago
CNN's potential new parent company and its network chief have separately both floated the same idea to ******* uage viewers jittery about future meddling in the iconic cable news network's journalism.
Last week, The Wall Street Journal reported that Paramount leadership had discussed forming an independent editorial board to oversee CNN as it hopes to complete its merger with CNN parent company Warner Brothers Discovery. The report came days after Endeavor chief Ari Emanuel, a major proponent of the merger, pitched the idea on CNBC.
CNN has not weighed in on the idea publicly, as the network awaits the resolution of Democratic-led states' lawsuits to block the deal. But in recent months, CNN President Mark Thompson has pondered a similar setup.
Last year, during an off-the-record gathering with media executives, two people familiar with the conversations told Semafor that Thompson was questioned about how he would preserve the network's journalistic independence amid broader speculation that CNN would likely come under new ownership. The gathering included senior figures in media and media-focused nonprofits, many of whom were increasingly concerned about preserving news media amid a period of radical change.
Thompson suggested that the network could establish an independent board, similar to British models like the Guardian's Scott Trust, which shields the UK media outlet from business-side meddling.
#parent #chief #independent
Last week, The Wall Street Journal reported that Paramount leadership had discussed forming an independent editorial board to oversee CNN as it hopes to complete its merger with CNN parent company Warner Brothers Discovery. The report came days after Endeavor chief Ari Emanuel, a major proponent of the merger, pitched the idea on CNBC.
CNN has not weighed in on the idea publicly, as the network awaits the resolution of Democratic-led states' lawsuits to block the deal. But in recent months, CNN President Mark Thompson has pondered a similar setup.
Last year, during an off-the-record gathering with media executives, two people familiar with the conversations told Semafor that Thompson was questioned about how he would preserve the network's journalistic independence amid broader speculation that CNN would likely come under new ownership. The gathering included senior figures in media and media-focused nonprofits, many of whom were increasingly concerned about preserving news media amid a period of radical change.
Thompson suggested that the network could establish an independent board, similar to British models like the Guardian's Scott Trust, which shields the UK media outlet from business-side meddling.
#parent #chief #independent
1 day ago
A federal appeals court removed another procedural obstacle facing more than 3,000 lawsuits accusing Meta Platforms, Inc. (NASDAQ:META), Snap Inc. (NYSE:SNAP), Alphabet, and TikTok of harming young users through allegedly addictive product features.
The Ninth Circuit did not decide whether the companies are liable. It ruled that Section 230 provides a defense against liability, not immunity from being sued, making Meta Platforms, Inc. (NASDAQ:META) and TikTok's appeal premature.
Section 230 has already helped narrow the litigation. The lower court found that it barred some feature-related claims while allowing others to proceed. The larger investor question is whether the surviving claims can create a liability channel based on product design rather than content moderation.
With more than 3,000 federal cases, approximately 3,300 additional California state cases, and a major multistate trial approaching, that question is now being tested repeatedly in court.
The strongest point for Meta Platforms, Inc. (NASDAQ:META) and Snap Inc. (NYSE:SNAP) is that the Ninth Circuit resolved a procedural question, not the merits of the lawsuits.
#snap #platforms
The Ninth Circuit did not decide whether the companies are liable. It ruled that Section 230 provides a defense against liability, not immunity from being sued, making Meta Platforms, Inc. (NASDAQ:META) and TikTok's appeal premature.
Section 230 has already helped narrow the litigation. The lower court found that it barred some feature-related claims while allowing others to proceed. The larger investor question is whether the surviving claims can create a liability channel based on product design rather than content moderation.
With more than 3,000 federal cases, approximately 3,300 additional California state cases, and a major multistate trial approaching, that question is now being tested repeatedly in court.
The strongest point for Meta Platforms, Inc. (NASDAQ:META) and Snap Inc. (NYSE:SNAP) is that the Ninth Circuit resolved a procedural question, not the merits of the lawsuits.
#snap #platforms
2 days ago
Personal care products provider Kimberly-Clark Corporation (NYSE:KMB)'s shares are down by 17% over the past year and are up by 9% year-to-date. It is currently undergoing a major transformation through acquiring Kenvue. Cramer has discussed Kimberly-Clark Corporation (NYSE:KMB)'s acquisition several times and linked its performance with consumer goods giant Procter & Gamble. In his morning appearance on August 6th, the CNBC TV host discussed Kimberly-Clark Corporation (NYSE:KMB)'s earnings and the tailwinds from the acquisition:
"I like the way Kimberly acted, even though they had a asterisk China diaper problem which I did not know about. The stock started down and then finished up nicely. I think that Chu is doing is a nice job. I think that Kenvue acquisition's going to be very good. Proctor was not as good, so I think that maybe you're going to start seeing, even though Proctor's much bigger than Kimberly, maybe we're going to have a new colossus."
On the 4th, Kimberly-Clark Corporation (NYSE:KMB) had reported its second quarter earnings to post $4.19 billion in revenue that missed **** yst estimates of $4.22 billion. Yet, the firm also cut its organic sales growth and earnings forecasts. Yet, the shares close 3.7% higher on the 4th, exhibiting solid momentum after the report hit the wires before market open.
Kimberly-Clark Corporation (NYSE:KMB)'s business model, i.e., selling personal care products, is resistant in a tough economy as consumers continue to spend on its products even if they reduce discretionary spending. Cramer's previous comments about the firm have also noted this, but the firm's sluggish revenue performance in the second quarter opens up concerns about its growth. Additionally, turmoil in the oil market stemming from the Iran war and other factors can stress its margins. This stress, at a time when Kimberly-Clark Corporation (NYSE:KMB) might have to deal with high debt levels as well. Consequently, 15% of the float being short as of July-end is unsurprising.
On the other hand, the difference between Kimberly-Clark Corporation (NYSE:KMB) and Procter & Gamble Company (NYSE:PG) is visible when we compare their forward P/E. While the former has a multiple of 14.93, the latter is valued better through a 20.9 multiple. Procter & Gamble Company (NYSE:PG)'s ability to sustain high prices courtesy of its brand strength and market share (60% in blades and razors and 45% to 50% in fabric) is one of its strongest suits. It enables the firm to deliver stable revenue growth, as evidenced by a 2% jump in its June quarter sales. Additionally, Procter & Gamble Company (NYSE:PG)'s stable defensive market lead it to commit to stable stock buybacks ($6 billion to $7 billion in FY27) and stable dividends (2.48% yield). Naturally, the P/E is higher, and the short interest is negligible at 1.17% of the float.
#company
"I like the way Kimberly acted, even though they had a asterisk China diaper problem which I did not know about. The stock started down and then finished up nicely. I think that Chu is doing is a nice job. I think that Kenvue acquisition's going to be very good. Proctor was not as good, so I think that maybe you're going to start seeing, even though Proctor's much bigger than Kimberly, maybe we're going to have a new colossus."
On the 4th, Kimberly-Clark Corporation (NYSE:KMB) had reported its second quarter earnings to post $4.19 billion in revenue that missed **** yst estimates of $4.22 billion. Yet, the firm also cut its organic sales growth and earnings forecasts. Yet, the shares close 3.7% higher on the 4th, exhibiting solid momentum after the report hit the wires before market open.
Kimberly-Clark Corporation (NYSE:KMB)'s business model, i.e., selling personal care products, is resistant in a tough economy as consumers continue to spend on its products even if they reduce discretionary spending. Cramer's previous comments about the firm have also noted this, but the firm's sluggish revenue performance in the second quarter opens up concerns about its growth. Additionally, turmoil in the oil market stemming from the Iran war and other factors can stress its margins. This stress, at a time when Kimberly-Clark Corporation (NYSE:KMB) might have to deal with high debt levels as well. Consequently, 15% of the float being short as of July-end is unsurprising.
On the other hand, the difference between Kimberly-Clark Corporation (NYSE:KMB) and Procter & Gamble Company (NYSE:PG) is visible when we compare their forward P/E. While the former has a multiple of 14.93, the latter is valued better through a 20.9 multiple. Procter & Gamble Company (NYSE:PG)'s ability to sustain high prices courtesy of its brand strength and market share (60% in blades and razors and 45% to 50% in fabric) is one of its strongest suits. It enables the firm to deliver stable revenue growth, as evidenced by a 2% jump in its June quarter sales. Additionally, Procter & Gamble Company (NYSE:PG)'s stable defensive market lead it to commit to stable stock buybacks ($6 billion to $7 billion in FY27) and stable dividends (2.48% yield). Naturally, the P/E is higher, and the short interest is negligible at 1.17% of the float.
#company
2 days ago
NASCAR is once again leaving Rockingham Speedway.
"The Rock," the iconic 0.940-mile oval track in North Carolina's Richmond County, has hosted races for the Craftsman Truck Series and the second-tier O'Reilly Auto Parts Series in each of the last two seasons after a 12-year absence.
But Rockingham's promoter — Track Enterprises — announced on Friday, Aug. 14 that NASCAR racing will not be held at the track in 2027. In a statement, Track Enterprises says the decision comes "amid overall uncertainty at the facility."
The owner of the speedway is Darryl Cuttell, and he is currently grappling with a financial strain as he battles liens and lawsuits totaling more than half-a-billion dollars. Elon Musk's ****** eXAI alleges it has overpaid between $500 to $800 million for services from Darana Hybrid, an international electro-mechanical contractor company that Cuttell owns.
Cuttell also owns the International Hot Rod ****** ociation (IHRA). Amid Cuttell's financial troubles, IHRA has laid off employees and canceled some of its racing series.
#speedway
"The Rock," the iconic 0.940-mile oval track in North Carolina's Richmond County, has hosted races for the Craftsman Truck Series and the second-tier O'Reilly Auto Parts Series in each of the last two seasons after a 12-year absence.
But Rockingham's promoter — Track Enterprises — announced on Friday, Aug. 14 that NASCAR racing will not be held at the track in 2027. In a statement, Track Enterprises says the decision comes "amid overall uncertainty at the facility."
The owner of the speedway is Darryl Cuttell, and he is currently grappling with a financial strain as he battles liens and lawsuits totaling more than half-a-billion dollars. Elon Musk's ****** eXAI alleges it has overpaid between $500 to $800 million for services from Darana Hybrid, an international electro-mechanical contractor company that Cuttell owns.
Cuttell also owns the International Hot Rod ****** ociation (IHRA). Amid Cuttell's financial troubles, IHRA has laid off employees and canceled some of its racing series.
#speedway
2 days ago
Arsenal have turned their focus towards Victor Osimhen as they look to add another high-level attacking option before the transfer window closes, with the Nigeria international now understood to be the leading name on the club's shortlist.
The north London side have already strengthened key areas of Mikel Arteta's squad with the arrivals of Illan Meslier, Christos Tzolis and Bruno Guimaraes. Even so, there remains a strong appetite inside the club to add further firepower. **** nal explored ambitious moves for Morgan Rogers and Vinicius Jr earlier in the window, but with those pursuits failing to materialise, attention has shifted elsewhere.
As first reported by Sebastien Denis, **** nal now regard Osimhen as their priority attacking target. The indication is that Arteta has made his preference clear to the recruitment department, and there is confidence a deal can be put together if the conditions align.
Arsenal's current forward line already contains quality, and Viktor Gyokeres delivered strongly after his £64m arrival from Sporting last summer, finishing with 21 goals in all competitions as **** nal ended a 22-year wait for the Premier League **** le and also reached the Champions League final. Yet squad planning rarely stands still at the top end of the game.
With uncertainty surrounding Gabriel Jesus and Gabriel Martinelli, **** nal are **** sing how best to protect their depth and raise the ceiling of their attack. That has brought Osimhen firmly into view. Talks between **** nal and Galatasaray have been reported, with the Turkish club also linked to Martinelli, a factor that could add another layer to discussions if movement develops on both fronts.
#arsenal #club
The north London side have already strengthened key areas of Mikel Arteta's squad with the arrivals of Illan Meslier, Christos Tzolis and Bruno Guimaraes. Even so, there remains a strong appetite inside the club to add further firepower. **** nal explored ambitious moves for Morgan Rogers and Vinicius Jr earlier in the window, but with those pursuits failing to materialise, attention has shifted elsewhere.
As first reported by Sebastien Denis, **** nal now regard Osimhen as their priority attacking target. The indication is that Arteta has made his preference clear to the recruitment department, and there is confidence a deal can be put together if the conditions align.
Arsenal's current forward line already contains quality, and Viktor Gyokeres delivered strongly after his £64m arrival from Sporting last summer, finishing with 21 goals in all competitions as **** nal ended a 22-year wait for the Premier League **** le and also reached the Champions League final. Yet squad planning rarely stands still at the top end of the game.
With uncertainty surrounding Gabriel Jesus and Gabriel Martinelli, **** nal are **** sing how best to protect their depth and raise the ceiling of their attack. That has brought Osimhen firmly into view. Talks between **** nal and Galatasaray have been reported, with the Turkish club also linked to Martinelli, a factor that could add another layer to discussions if movement develops on both fronts.
#arsenal #club
5 days ago
EDITOR'S NOTE: Featuring the good, the bad and the ugly, 'Look of the Week' is a regular series dedicated to unpacking the most talked about outfit of the last seven days.
In a post-Rihanna world, we all like to talk about how maternity wear — or at least the expectations of how pregnant women should dress — is forever changed. Rihanna, after all, when carrying each of her three children wore exactly what she might have done were she not pregnant at all: rather than elasticated waistbands and drab smocks, she was seen in lace bodysuits, corsets, crop tops and mini-skirts.
unknown content item
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Baby ***** ps have become certified red carpet accessories. Celebrities wear their bellies popping out of keyhole cut outs in second-skin gowns, as was the case with Adriana Lima's Cannes red carpet run in 2022; decorated with gold leaf, like Ciara at "The Color Purple" premiere in 2023 or framed inside a puffy Schiaparelli two-piece, like Sienna Miller's pregnancy announcement at Vogue World that same year. Meanwhile, shopping habits are changing. Lyst data suggested that searches for maternity clothes have dropped by as much as 45%. We are in a brave new world of ***** p dressing, defined by our own tastes and identities. Hurray! Or are we?
#note
In a post-Rihanna world, we all like to talk about how maternity wear — or at least the expectations of how pregnant women should dress — is forever changed. Rihanna, after all, when carrying each of her three children wore exactly what she might have done were she not pregnant at all: rather than elasticated waistbands and drab smocks, she was seen in lace bodysuits, corsets, crop tops and mini-skirts.
unknown content item
-
Baby ***** ps have become certified red carpet accessories. Celebrities wear their bellies popping out of keyhole cut outs in second-skin gowns, as was the case with Adriana Lima's Cannes red carpet run in 2022; decorated with gold leaf, like Ciara at "The Color Purple" premiere in 2023 or framed inside a puffy Schiaparelli two-piece, like Sienna Miller's pregnancy announcement at Vogue World that same year. Meanwhile, shopping habits are changing. Lyst data suggested that searches for maternity clothes have dropped by as much as 45%. We are in a brave new world of ***** p dressing, defined by our own tastes and identities. Hurray! Or are we?
#note
5 days ago
(Corrects paragraph 9 to clarify who the lawyers commenting represent and details in statement)
By Diana Novak Jones
Aug 10 (Reuters) - A U.S. appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat over claims they designed their products to be addictive to young users.
The San Francisco-based 9th U.S. Circuit Court of Appeals rejected an appeal by Meta and TikTok seeking to overturn a lower court ruling requiring them to face more than 3,000 lawsuits filed in federal court, saying the companies had appealed too early.
The companies had argued that Section 230 of the Communications Decency Act of 1996 — which generally shields online companies from claims over content posted by their users — also bars lawsuits claiming they failed to warn the public about the addictive nature of their platforms.
#court #TikTok #platforms
By Diana Novak Jones
Aug 10 (Reuters) - A U.S. appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat over claims they designed their products to be addictive to young users.
The San Francisco-based 9th U.S. Circuit Court of Appeals rejected an appeal by Meta and TikTok seeking to overturn a lower court ruling requiring them to face more than 3,000 lawsuits filed in federal court, saying the companies had appealed too early.
The companies had argued that Section 230 of the Communications Decency Act of 1996 — which generally shields online companies from claims over content posted by their users — also bars lawsuits claiming they failed to warn the public about the addictive nature of their platforms.
#court #TikTok #platforms
5 days ago
US-based investment company McIntyre Partnerships delivered flat performance in H1 2026, returning 0% gross and -1% net compared to the Russell 2000 Value Index's 23% return. A copy of the letter can be downloaded here. The second quarter results were a complete reversal of Q1 results, with the portfolio appreciating 23.0% (gross) and 23.3% (net), outperforming the index's 17.3%. The overall market surge contributed to this performance, alongside several positive developments related to the firm's holdings. Since inception, the fund has returned ~16% gross and ~12% net per annum, surpassing the benchmark's return of ~9% per annum. The portfolio is highly concentrated, with QDEL as the largest holding, creating volatility. Despite mixed results, the firm remains confident in the portfolio, particularly with QDEL viewed as a key investment opportunity. Potential for further growth is expected from several large investments with promising catalysts. In addition, you can check the Strategy's top 5 holdings to determine its best picks for 2026.
In its Q2 2026 investor letter, McIntyre Partnerships highlighted Sotera Health Company (NASDAQ:SHC). Sotera Health Company (NASDAQ:SHC) is a US-based company that provides sterilization solutions, lab testing, and advisory services for the healthcare industry. On August 7, 2026, Sotera Health Company (NASDAQ:SHC) closed at $18.86 per share, reflecting a market capitalization of $5.38 billion. Sotera Health Company (NASDAQ:SHC) posted a one-month return of 5.04%, while its shares gained 25.61% over the past 52 weeks.
McIntyre Partnerships stated the following regarding Sotera Health Company (NASDAQ:SHC) in its Q2 2026 investor letter:
"Sotera Health Company (NASDAQ:SHC) saw positive Q1 results, with the key Sterigenics segment continuing its return to HSD organic growth following the COVID destocking in 2023 and 2024. Further, SHC also had positive legal news regarding its Georgia litigation, where the judge threw out 5 lawsuits with reasoning that implies the remaining 450 cases are likely to be rejected as well. While I believe the judge's ruling implies current liability is sub-$50MM, I estimate a worst-case $400k per case settlement, or $180MM, even if appeals reverse the decision. This compares to SHC's 2026 EBITDA of ~$640MM. The company also saw a CEO transition, with its long-time CEO transitioning to Executive Chairman and the hiring of CEO Shader from Viant, a medical device services company where he served as CEO. We are encouraged that former CEO Petras remains on the board and intends to play an active role in ensuring a smooth transition.
Finally, and most importantly, following Q1 earnings, SHC's former private equity owners sold the last of their shares. I believe the PE firms' selling pressure, via predictable quarterly block trades, has been a considerable overhang on SHC's shares over the past year. With this overhang gone, I believe SHC is well positioned to reweight towards peers. I es
In its Q2 2026 investor letter, McIntyre Partnerships highlighted Sotera Health Company (NASDAQ:SHC). Sotera Health Company (NASDAQ:SHC) is a US-based company that provides sterilization solutions, lab testing, and advisory services for the healthcare industry. On August 7, 2026, Sotera Health Company (NASDAQ:SHC) closed at $18.86 per share, reflecting a market capitalization of $5.38 billion. Sotera Health Company (NASDAQ:SHC) posted a one-month return of 5.04%, while its shares gained 25.61% over the past 52 weeks.
McIntyre Partnerships stated the following regarding Sotera Health Company (NASDAQ:SHC) in its Q2 2026 investor letter:
"Sotera Health Company (NASDAQ:SHC) saw positive Q1 results, with the key Sterigenics segment continuing its return to HSD organic growth following the COVID destocking in 2023 and 2024. Further, SHC also had positive legal news regarding its Georgia litigation, where the judge threw out 5 lawsuits with reasoning that implies the remaining 450 cases are likely to be rejected as well. While I believe the judge's ruling implies current liability is sub-$50MM, I estimate a worst-case $400k per case settlement, or $180MM, even if appeals reverse the decision. This compares to SHC's 2026 EBITDA of ~$640MM. The company also saw a CEO transition, with its long-time CEO transitioning to Executive Chairman and the hiring of CEO Shader from Viant, a medical device services company where he served as CEO. We are encouraged that former CEO Petras remains on the board and intends to play an active role in ensuring a smooth transition.
Finally, and most importantly, following Q1 earnings, SHC's former private equity owners sold the last of their shares. I believe the PE firms' selling pressure, via predictable quarterly block trades, has been a considerable overhang on SHC's shares over the past year. With this overhang gone, I believe SHC is well positioned to reweight towards peers. I es
5 days ago
Synopsys (NASDAQ:SNPS) just handed AMD (NASDAQ:AMD) and Microsoft (NASDAQ:MSFT) a new way to design chips: let AI agents do more of the work. On July 27, Synopsys unveiled autonomous agentic AI workflows built with Microsoft and already being evaluated by AMD, aimed at cutting the time it takes to turn a chip specification into working silicon. The announcement lands as investors weigh whether Synopsys deserves its premium for owning so much of the AI buildout's tooling.
Synopsys introduced two autonomous workflows at the DAC Chips to Systems Conference, developed with Microsoft and available for evaluation on Microsoft Discovery. One handles debug closure, using domain-specific and task-level agents to find design failures and speed up validation, with early evaluations showing a 25% to 40% reduction in debug cycle time. The other automates implementation and closure work on Synopsys' Fusion Compiler on Azure, with early results pointing to improved quality of results. AMD is actively evaluating these workflows for its next-generation products.
That traction fits a broader pattern. Synopsys already counts Nvidia (NASDAQ:NVDA) as both a customer and an investor, after Nvidia expanded its partnership with a $2 billion investment. Synopsys' design software and intellectual property make it hard for rivals to dislodge once a chipmaker builds a project around its tools, and that stickiness showed up in the numbers: fiscal 2026 second quarter revenue grew 42% year-over-year, prompting the company to raise its full-year guidance.
Despite that growth, Synopsys shares had fallen 12% year to date as of July 16, a gap one **** ysis called jarring given the company's market share gains. Part of the explanation sits inside the Ansys deal: Synopsys paid $35 billion for it, and the resulting amortization costs have kept margins tight, with relief only expected once those costs wind down. Stock-based compensation made up roughly 58.8% of Synopsys' operating cash flow in fiscal 2025, meaning a large share of its reported free cash flow, about $1.3 billion for the year, comes from a non-cash add-back rather than actual cash generation.
There are also risks outside the balance sheet. Synopsys is managing multiple class action lawsuits alleging misstatements about its intellectual property segment, and a settlement with Elliott Investment Management could still push the company toward strategic changes.
#cash #workflows #NVIDIA
Synopsys introduced two autonomous workflows at the DAC Chips to Systems Conference, developed with Microsoft and available for evaluation on Microsoft Discovery. One handles debug closure, using domain-specific and task-level agents to find design failures and speed up validation, with early evaluations showing a 25% to 40% reduction in debug cycle time. The other automates implementation and closure work on Synopsys' Fusion Compiler on Azure, with early results pointing to improved quality of results. AMD is actively evaluating these workflows for its next-generation products.
That traction fits a broader pattern. Synopsys already counts Nvidia (NASDAQ:NVDA) as both a customer and an investor, after Nvidia expanded its partnership with a $2 billion investment. Synopsys' design software and intellectual property make it hard for rivals to dislodge once a chipmaker builds a project around its tools, and that stickiness showed up in the numbers: fiscal 2026 second quarter revenue grew 42% year-over-year, prompting the company to raise its full-year guidance.
Despite that growth, Synopsys shares had fallen 12% year to date as of July 16, a gap one **** ysis called jarring given the company's market share gains. Part of the explanation sits inside the Ansys deal: Synopsys paid $35 billion for it, and the resulting amortization costs have kept margins tight, with relief only expected once those costs wind down. Stock-based compensation made up roughly 58.8% of Synopsys' operating cash flow in fiscal 2025, meaning a large share of its reported free cash flow, about $1.3 billion for the year, comes from a non-cash add-back rather than actual cash generation.
There are also risks outside the balance sheet. Synopsys is managing multiple class action lawsuits alleging misstatements about its intellectual property segment, and a settlement with Elliott Investment Management could still push the company toward strategic changes.
#cash #workflows #NVIDIA
6 days ago
WASHINGTON (AP) — President Donald Trump announced Sunday that his new White House counsel will be Will Scharf, the staff secretary who as the Trump-appointed head of the National Capital Planning Commission helped secure approval for the $400 million ballroom project.
Trump said that, beginning Sept. 1, Scharf will be replacing David Warrington, who will be leaving the administration to join the private sector. Trump noted that Scharf previously served as a federal prosecutor and represented him in a number of cases, including at the Supreme Court.
"Will is Tough, Strong, and Smart! He also loves our Country, and respects the Law," Trump wrote on Truth Social. "Will Scharf will do a great job as White House Counsel!"
The shakeup in the White House counsel's office comes at a critical juncture — just months ahead of the midterm elections, where Trump's Republican Party will be fighting to hold on to control of Congress. Democrats have vowed to pursue investigations into Trump and his administration if they are successful in November.
The White House counsel's job is to advise on legal and policy questions related to the presidency. The office is the primary White House contact for the Justice Department, and it handles presidential pardons, works on judicial appointments and reviews legislation. The office also helps investigate and manage congressional investigations into the administration and lawsuits against the president when he is sued in his official capacity.
#washington
Trump said that, beginning Sept. 1, Scharf will be replacing David Warrington, who will be leaving the administration to join the private sector. Trump noted that Scharf previously served as a federal prosecutor and represented him in a number of cases, including at the Supreme Court.
"Will is Tough, Strong, and Smart! He also loves our Country, and respects the Law," Trump wrote on Truth Social. "Will Scharf will do a great job as White House Counsel!"
The shakeup in the White House counsel's office comes at a critical juncture — just months ahead of the midterm elections, where Trump's Republican Party will be fighting to hold on to control of Congress. Democrats have vowed to pursue investigations into Trump and his administration if they are successful in November.
The White House counsel's job is to advise on legal and policy questions related to the presidency. The office is the primary White House contact for the Justice Department, and it handles presidential pardons, works on judicial appointments and reviews legislation. The office also helps investigate and manage congressional investigations into the administration and lawsuits against the president when he is sued in his official capacity.
#washington
6 days ago
NEW YORK (AP) — Government lawyers said a Court of International Trade judge overstepped his authority by ordering the U.S. Customs and Border Patrol to issue refunds to all companies that paid tariffs that were deemed illegal in February, even those that didn't file a lawsuit in trade court.
The government filed an appeal with the U.S. Court of Appeals for the Federal Circuit in June and filed its opening brief on Monday.
In it, government lawyers point to a case that went before the Supreme Court in June 2025, over birthright citizenship. Part of the decision in that case limited the use of universal injunctions, which apply a ruling to all people or companies affected, not just specific litigants.
Judge Richard Eaton, who is overseeing the tariff lawsuits in the Court of International Trade, has said the limits on universal injunctions don't apply in this case, but the government disagrees.
"The CIT's universal injunctions, requiring the government to refund IEEPA duties for all importers (including non-party importers), cannot possibly be squared with CASA," — the court case that limited universal injunctions, the government wrote it its brief.
#government #case #international
The government filed an appeal with the U.S. Court of Appeals for the Federal Circuit in June and filed its opening brief on Monday.
In it, government lawyers point to a case that went before the Supreme Court in June 2025, over birthright citizenship. Part of the decision in that case limited the use of universal injunctions, which apply a ruling to all people or companies affected, not just specific litigants.
Judge Richard Eaton, who is overseeing the tariff lawsuits in the Court of International Trade, has said the limits on universal injunctions don't apply in this case, but the government disagrees.
"The CIT's universal injunctions, requiring the government to refund IEEPA duties for all importers (including non-party importers), cannot possibly be squared with CASA," — the court case that limited universal injunctions, the government wrote it its brief.
#government #case #international
6 days ago
Meghan Markle and Prince Harry have chosen to shield their children, Prince Archie, seven, and Princess Lilibet, five, from the spotlight in recent years. While they delight their fans with regular updates about their home life in Montecito, Meghan chooses never to show her kids' faces on social media in order to protect their privacy.
In Archie's younger years, however, the royal couple took the infant to public events, including their royal tour of South Africa, during which they posed for a photo opportunity with Archbishop Desmond Tutu.
The incredible likeness between Meghan and her son Archie is evident in an unearthed photograph of the ******* ss at a similar age.
Meghan Markle bears a striking resemblance to her son Archie (DailyMail.com)
The snap shows a very sweet baby Meghan looking at the camera wearing a black hoodie. The former Suits actress had the same dark brown eyes and similar-shaped features to Archie – glance quickly, and the mother and son look identical.
#meghan
In Archie's younger years, however, the royal couple took the infant to public events, including their royal tour of South Africa, during which they posed for a photo opportunity with Archbishop Desmond Tutu.
The incredible likeness between Meghan and her son Archie is evident in an unearthed photograph of the ******* ss at a similar age.
Meghan Markle bears a striking resemblance to her son Archie (DailyMail.com)
The snap shows a very sweet baby Meghan looking at the camera wearing a black hoodie. The former Suits actress had the same dark brown eyes and similar-shaped features to Archie – glance quickly, and the mother and son look identical.
#meghan
6 days ago
Former NFL defensive end and broadcaster Marcellus Wiley's domestic battery case is over.
Prosecutors in Florida opted not to pursue charges in Wiley's case after his arrest last month, according to both USA Today and TMZ. Monday's decision, per the reports, came after testimonial evidence received in the case was "not corroborated by any physical or other evidence."
Wiley was first arrested on July 4 in Orlando, Florida, on one count of domestic battery. Wiley's wife told police that he had poked her in the face with his finger and threatened to kill her, and that he had "an unreported history of violence toward her," via the The Los Angeles Times. Wiley was released the next day on bond.
Wiley's wife, Annemarie Wiley, a former cast member of "The Real Housewives of Beverley Hills," later accused him of rape and said that he physically abused her and their children. A California judge granted a temporary restraining order against him last month, and she filed for divorce the same day.
Wiley has been accused by multiple women of ***** ual ***** ault in civil lawsuits previously, too. He has denied the allegations against him, made both by those women and his wife.
#wiley #wife #battery
Prosecutors in Florida opted not to pursue charges in Wiley's case after his arrest last month, according to both USA Today and TMZ. Monday's decision, per the reports, came after testimonial evidence received in the case was "not corroborated by any physical or other evidence."
Wiley was first arrested on July 4 in Orlando, Florida, on one count of domestic battery. Wiley's wife told police that he had poked her in the face with his finger and threatened to kill her, and that he had "an unreported history of violence toward her," via the The Los Angeles Times. Wiley was released the next day on bond.
Wiley's wife, Annemarie Wiley, a former cast member of "The Real Housewives of Beverley Hills," later accused him of rape and said that he physically abused her and their children. A California judge granted a temporary restraining order against him last month, and she filed for divorce the same day.
Wiley has been accused by multiple women of ***** ual ***** ault in civil lawsuits previously, too. He has denied the allegations against him, made both by those women and his wife.
#wiley #wife #battery
6 days ago
By Diana Novak Jones
Aug 10 (Reuters) - A U.S. appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok, and other social media companies over claims they designed their products to be addictive to young users.
The San Francisco-based 9th U.S. Circuit Court of Appeals rejected the companies' bid to reverse a lower court's ruling forcing them to face more than 3,000 lawsuits over the claims filed in federal court, concluding that the appeal came too early in the litigation.
The defendants, which also include Snap Inc's Snapchat, had argued that Section 230 of the Communications Decency Act of 1996 -- which generally shields online companies from claims over content posted by their users - also bars lawsuits claiming they failed to warn the public about the addictive nature of their platforms.
Most appeals come after a case has concluded with a ruling or a verdict. Meta had argued that Section 230 provided it broad immunity and that it should be able to appeal the lower court's decision immediately. But the 9th Circuit said Section 230 provides a defense to liability, not immunity from lawsuits, so the appeal was premature.
#court #Companies #appeal #platforms
Aug 10 (Reuters) - A U.S. appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok, and other social media companies over claims they designed their products to be addictive to young users.
The San Francisco-based 9th U.S. Circuit Court of Appeals rejected the companies' bid to reverse a lower court's ruling forcing them to face more than 3,000 lawsuits over the claims filed in federal court, concluding that the appeal came too early in the litigation.
The defendants, which also include Snap Inc's Snapchat, had argued that Section 230 of the Communications Decency Act of 1996 -- which generally shields online companies from claims over content posted by their users - also bars lawsuits claiming they failed to warn the public about the addictive nature of their platforms.
Most appeals come after a case has concluded with a ruling or a verdict. Meta had argued that Section 230 provided it broad immunity and that it should be able to appeal the lower court's decision immediately. But the 9th Circuit said Section 230 provides a defense to liability, not immunity from lawsuits, so the appeal was premature.
#court #Companies #appeal #platforms
7 days ago
Suri Noelle knows what she wants. After years of speculation about the future of her career and creative pursuits, the 20-year-old daughter of Katie Holmes and Tom Cruise made her acting debut in Scotland. It proves that she's following in her parents' footsteps and is pursuing acting at Carnegie Mellon University.
Suri Cruise made her acting debut in Edinburgh (Camera Press/The Grosby Group)
Photos shared this week show Suri on the production of "Midsummer!" her school's adaptation of "A Midsummer Night's Dream," which is currently touring Scotland, at the Edinburgh Festival Fringe.
The images show Suri in period costume, wearing a purple skirt, a darker purple vest, and a yellow long-sleeved shirt. Her look was completed with her hair in a bun and a hat. Suri is seen on the stage, saying her lines as she appears to be smiling.
She is playing the characters of Helena, Mustardseed, Flute, and Thisbe throughout the show's runtime, which will run from August 6th to the 19th.
#Scotland #midsummer #show
Suri Cruise made her acting debut in Edinburgh (Camera Press/The Grosby Group)
Photos shared this week show Suri on the production of "Midsummer!" her school's adaptation of "A Midsummer Night's Dream," which is currently touring Scotland, at the Edinburgh Festival Fringe.
The images show Suri in period costume, wearing a purple skirt, a darker purple vest, and a yellow long-sleeved shirt. Her look was completed with her hair in a bun and a hat. Suri is seen on the stage, saying her lines as she appears to be smiling.
She is playing the characters of Helena, Mustardseed, Flute, and Thisbe throughout the show's runtime, which will run from August 6th to the 19th.
#Scotland #midsummer #show
8 days ago
Everton are exploring a move for Barcelona defender Hector Fort, with the 20-year-old now available this summer as the Spanish club reshape their plans. According to TeamTalk, Fort has been given permission to find a new club, and that development has quickly placed Everton in a competitive queue.
The Merseyside club are understood to be keen on a permanent deal, which is significant given Barcelona's preference to cash in. As reported, "Hector Fort has been told he can leave Barcelona this summer, with Everton and Fulham among the clubs keen to take advantage of the situation". That framing matters. Everton are not simply tracking a talented young defender, they are moving in a market where the selling club have already signalled their stance.
Fort spent last season on loan at Elche and now appears to be entering a decisive phase in his career. Barcelona's view is clear, "Barcelona are open to either a loan or permanent transfer, but TEAMtalk understands the Catalan giants would much rather sell Fort this summer." For Everton, that could create an opening if the finances are workable.
Photo: IMAGO
There is competition. Fulham are in the mix, Inter Milan are watching developments and Racing Santander have made a loan approach. Liverpool have also been mentioned among clubs who admire the defender, although their defensive planning may now be heading in another direction. From Everton's perspective, the key point is that a permanent solution is available, and that suits their stated interest.
#everton #fort #summer #teamtalk
The Merseyside club are understood to be keen on a permanent deal, which is significant given Barcelona's preference to cash in. As reported, "Hector Fort has been told he can leave Barcelona this summer, with Everton and Fulham among the clubs keen to take advantage of the situation". That framing matters. Everton are not simply tracking a talented young defender, they are moving in a market where the selling club have already signalled their stance.
Fort spent last season on loan at Elche and now appears to be entering a decisive phase in his career. Barcelona's view is clear, "Barcelona are open to either a loan or permanent transfer, but TEAMtalk understands the Catalan giants would much rather sell Fort this summer." For Everton, that could create an opening if the finances are workable.
Photo: IMAGO
There is competition. Fulham are in the mix, Inter Milan are watching developments and Racing Santander have made a loan approach. Liverpool have also been mentioned among clubs who admire the defender, although their defensive planning may now be heading in another direction. From Everton's perspective, the key point is that a permanent solution is available, and that suits their stated interest.
#everton #fort #summer #teamtalk
8 days ago
Barcelona are actively involved in two key pursuits in the transfer market right now.
The club remain in contention to sign Julian Alvarez from Atletico Madrid even though Diego Simeone's men have no desire to let him go.
The Catalans are also in talks with Manchester City to sign Rodri, who has opted to join Barcelona ahead of Real Madrid, leaving many, including Fernando Morientes, disgruntled in the process.
Flick wants to have Rodri available as soon as possible. (Photo by Aitor Alcalde/Getty Images)
According to Diario SPORT, Barcelona are pushing to accelerate the Rodri operation, with Hansi Flick keen to have the midfielder at his disposal as soon as possible.
#Barcelona #madrid
The club remain in contention to sign Julian Alvarez from Atletico Madrid even though Diego Simeone's men have no desire to let him go.
The Catalans are also in talks with Manchester City to sign Rodri, who has opted to join Barcelona ahead of Real Madrid, leaving many, including Fernando Morientes, disgruntled in the process.
Flick wants to have Rodri available as soon as possible. (Photo by Aitor Alcalde/Getty Images)
According to Diario SPORT, Barcelona are pushing to accelerate the Rodri operation, with Hansi Flick keen to have the midfielder at his disposal as soon as possible.
#Barcelona #madrid
8 days ago
Kate Middleton knows what looks good on her. The Princess of Wales is one of the modern royal fashion icons for precisely that reason; wearing garments that suit you (based on your body type, complexion, and height) is a surefire way to put together a chic look. From Kate Middleton's Wimbledon outfits that we're still thinking about to Kate Middleton's most regal looks of all time, the royal and her styling team have made it clear that they have a strong grasp on Kate's elevated brand. The Princess is seldom seen breaking the royal family's strict style rules. In order to maintain her elegant public image, Kate's well-tailored ensembles for events and public appearances often feature soft shades of blue.
While Kate Middleton's love of monochromatic looks may be a nod to Queen Elizabeth, her fondness for the color blue is uniquely her own. Over the years that she's been in the public eye, Kate has donned many dresses in different shades of the classic color. Whether she's attending Trooping the Colour or watching the finals at Wimbledon, Kate knows that the regal color suits her perfectly. We're taking a look at some of Kate's most stunning blue dress moments, giving further credence to the fact that the Princess of Wales practically owns the color.
Read more: The Most Embarrassing Royal Outfit Mishaps
Max Mumby/indigo/Getty
The Princess of Wales always stuns at Trooping the Colour, but her 2026 look stole the show. Kate Middleton gave one of Princess Diana's most iconic '80s looks a chic update with her sky-blue coat dress. Designed by Catherine Walker, Kate's dress had a white trim and strong shoulder pads, and it reminded royal fans of a very similar dress Diana wore in 1987 (which was also created by Walker). Kate's stunning blue dress had a retro energy that we're in love with.
#kate #wales #look
While Kate Middleton's love of monochromatic looks may be a nod to Queen Elizabeth, her fondness for the color blue is uniquely her own. Over the years that she's been in the public eye, Kate has donned many dresses in different shades of the classic color. Whether she's attending Trooping the Colour or watching the finals at Wimbledon, Kate knows that the regal color suits her perfectly. We're taking a look at some of Kate's most stunning blue dress moments, giving further credence to the fact that the Princess of Wales practically owns the color.
Read more: The Most Embarrassing Royal Outfit Mishaps
Max Mumby/indigo/Getty
The Princess of Wales always stuns at Trooping the Colour, but her 2026 look stole the show. Kate Middleton gave one of Princess Diana's most iconic '80s looks a chic update with her sky-blue coat dress. Designed by Catherine Walker, Kate's dress had a white trim and strong shoulder pads, and it reminded royal fans of a very similar dress Diana wore in 1987 (which was also created by Walker). Kate's stunning blue dress had a retro energy that we're in love with.
#kate #wales #look
8 days ago
A judge approved a $106 million settlement Thursday that ends a yearslong legal battle over the deadly 2019 collapse of a Hard Rock Hotel that was under construction in New Orleans.
The 18-story hotel project partially collapsed in October 2019, killing three people and damaging nearby property. A grand jury ultimately decided against indicting anyone in the deadly collapse, but lawsuits were filed, including one brought by the City of New Orleans in August 2020 naming the building owners, their partners and contractors.
The various lawsuits were consolidated into one case that includes a total of 490 plaintiffs, such as injured workers and businesses affected by the collapse, against 21 defendants, according to Mark Glago, co-lead counsel for the plaintiffs. The case has been pending for more than six years, Glago noted.
The combined $106 million settlement was approved by Orleans Parish Civil District Court Judge Kern Reese on Thursday, according to Glago and Court records.
"This will be an honor to, you know, these claimants that have been through so much," Glago said of the settlement. "We are very, very happy with this $106 million."
#glago #thursday #court #hotel
The 18-story hotel project partially collapsed in October 2019, killing three people and damaging nearby property. A grand jury ultimately decided against indicting anyone in the deadly collapse, but lawsuits were filed, including one brought by the City of New Orleans in August 2020 naming the building owners, their partners and contractors.
The various lawsuits were consolidated into one case that includes a total of 490 plaintiffs, such as injured workers and businesses affected by the collapse, against 21 defendants, according to Mark Glago, co-lead counsel for the plaintiffs. The case has been pending for more than six years, Glago noted.
The combined $106 million settlement was approved by Orleans Parish Civil District Court Judge Kern Reese on Thursday, according to Glago and Court records.
"This will be an honor to, you know, these claimants that have been through so much," Glago said of the settlement. "We are very, very happy with this $106 million."
#glago #thursday #court #hotel
8 days ago
President Donald Trump has always loved the idea of taking other countries' oil by force. And he claims to have accomplished that goal in Venezuela. The war there "lasted 48 minutes, and we paid for the war with what we've taken out many, many, many times. Where have you heard that before? You haven't heard that before. That's the old fashioned way, right? The old-fashioned way. To the victor belong the spoils," Trump told a crowd in Las Vegas on Wednesday.
That's not how other officials advertised U.S. oversight of Venezuelan oil. "We're the bankers, we don't direct the funds," Secretary of the Treasury Scott Bessent told the Economic Club of Minnesota in January. "This is the oil of the people of Venezuela," Secretary of State Marco Rubio testified to Congress a few weeks later, claiming that the U.S. government was making sure that "the needs of the Venezuelan people can be met" through oil sales.
In a way, they're both right. Shortly after the U.S. military operation in Venezuela on January 3, 2026, the two countries cut a deal to put sanctioned Venezuelan oil revenues under the control of the U.S. Treasury. The money still belongs to Venezuela on paper, but it's controlled by U.S. officials for all practical purposes—and trying to get any transparency on where it's going has been like pulling teeth.
The oil deal demonstrates the raw, unaccountable, and global power that economic sanctions give to the U.S. Treasury. Neither the American nor the Venezuelan people have a clear picture of what's going on. The case of Venezuela also shows how, despite invoking Ronald Reagan's anticommunism, the Trump administration is much more concerned with imposing direct economic control than nurturing free markets. After all, the Venezuelan oil deal is a U.S. partnership with a socialist dictatorship.
Over the past two decades, the U.S. Treasury had imposed sanctions on the Venezuelan oil and banking sectors, preventing Venezuela's state-owned oil company from exporting to North America and its socialist government from dealing in U.S. dollars. After the January 2026 operation, the Venezuelan leadership cut a deal. The Trump administration issued sanctions exemptions and even shielded Venezuelan money from U.S. lawsuits. In exchange, Venezuela began putting its oil revenues into bank accounts in the "custody" of the U.S. Treasury.
#january
That's not how other officials advertised U.S. oversight of Venezuelan oil. "We're the bankers, we don't direct the funds," Secretary of the Treasury Scott Bessent told the Economic Club of Minnesota in January. "This is the oil of the people of Venezuela," Secretary of State Marco Rubio testified to Congress a few weeks later, claiming that the U.S. government was making sure that "the needs of the Venezuelan people can be met" through oil sales.
In a way, they're both right. Shortly after the U.S. military operation in Venezuela on January 3, 2026, the two countries cut a deal to put sanctioned Venezuelan oil revenues under the control of the U.S. Treasury. The money still belongs to Venezuela on paper, but it's controlled by U.S. officials for all practical purposes—and trying to get any transparency on where it's going has been like pulling teeth.
The oil deal demonstrates the raw, unaccountable, and global power that economic sanctions give to the U.S. Treasury. Neither the American nor the Venezuelan people have a clear picture of what's going on. The case of Venezuela also shows how, despite invoking Ronald Reagan's anticommunism, the Trump administration is much more concerned with imposing direct economic control than nurturing free markets. After all, the Venezuelan oil deal is a U.S. partnership with a socialist dictatorship.
Over the past two decades, the U.S. Treasury had imposed sanctions on the Venezuelan oil and banking sectors, preventing Venezuela's state-owned oil company from exporting to North America and its socialist government from dealing in U.S. dollars. After the January 2026 operation, the Venezuelan leadership cut a deal. The Trump administration issued sanctions exemptions and even shielded Venezuelan money from U.S. lawsuits. In exchange, Venezuela began putting its oil revenues into bank accounts in the "custody" of the U.S. Treasury.
#january
9 days ago
The Daily Merengue is a place where you can feel free to discuss all things football. Do not be alarmed by the overt RMCF bias. It's in the name! Shoutout to the mods who do a fantastic job, Ezek, Valyrian Steel, Felipejack, Juninho, NeRObutBlanco and yours truly, Kung_Fu_Zizou
Mourinho continues to face the same struggles that plague every Real Madrid manager. How to find a balance with limited influence in squad construction. Mourinho has received most of what he asked for but as the opening game of the season nears, it is what he did not get that gets magnified and scrutinised. The coach seemingly wanted an entirely new back 4 and has brought in 3 defenders already. He wanted two midfielders and has been forced to settle the one who does not solve the fundamental midfield problem. In attack he has been able to balance the left-leaning dynamic with the addition of a Diamond on the Right. He also recruited a number 9 with the characteristics of a penalty-box striker to give himself more variation in attack. What lingers though, are questions about a CF who is not a natural CF, continuing as the starting CF along with a lack of cohesion in defensive application on the LW, compounded by an inability to press and have any genuine control on or off the ball in midfield. Where Mourinho cannot resolve these issues with personnel changes, he will need to rigid structure to compensate.
The La Fabrica graduate showed a lot of ability last season. He did not walk into a great team but one that was struggling on and off the ball. He ran tirelessly and constantly tried to play with composure, an admirable feature of his game. Thiago's simplicity on the ball was further highlighted by the typical haphazard play of the established midfielders who simply cannot tolerate or comprehend that a game cannot be played at a single pace or simply the pace that suits the opposition.
"Frat brother, real brother, that brother. We just upped the score, give me dap, brother."
#game #cannot #season #wanted
Mourinho continues to face the same struggles that plague every Real Madrid manager. How to find a balance with limited influence in squad construction. Mourinho has received most of what he asked for but as the opening game of the season nears, it is what he did not get that gets magnified and scrutinised. The coach seemingly wanted an entirely new back 4 and has brought in 3 defenders already. He wanted two midfielders and has been forced to settle the one who does not solve the fundamental midfield problem. In attack he has been able to balance the left-leaning dynamic with the addition of a Diamond on the Right. He also recruited a number 9 with the characteristics of a penalty-box striker to give himself more variation in attack. What lingers though, are questions about a CF who is not a natural CF, continuing as the starting CF along with a lack of cohesion in defensive application on the LW, compounded by an inability to press and have any genuine control on or off the ball in midfield. Where Mourinho cannot resolve these issues with personnel changes, he will need to rigid structure to compensate.
The La Fabrica graduate showed a lot of ability last season. He did not walk into a great team but one that was struggling on and off the ball. He ran tirelessly and constantly tried to play with composure, an admirable feature of his game. Thiago's simplicity on the ball was further highlighted by the typical haphazard play of the established midfielders who simply cannot tolerate or comprehend that a game cannot be played at a single pace or simply the pace that suits the opposition.
"Frat brother, real brother, that brother. We just upped the score, give me dap, brother."
#game #cannot #season #wanted
9 days ago
Deep in the heart of Essex, petrolheads are getting their fix around a field buffeted with hay bales and shrouded in the dirt of the land.
This is the crazy world of lawn mower racing.
In his latest collection delving into lesser-known rural pursuits, Suffolk-born photographer Harry George Hall has captured a day in the life of this growing motorsport - and the people whose passion and drive make it happen.
Lawn mower racing is growing in popularity, with drivers and teams modifying machines to compete in national championships [Harry George Hall]
At the core of lawn mower racing exists a "welcoming, intergenerational community", Harry George Hall says [Harry George Hall]
#mower #growing
This is the crazy world of lawn mower racing.
In his latest collection delving into lesser-known rural pursuits, Suffolk-born photographer Harry George Hall has captured a day in the life of this growing motorsport - and the people whose passion and drive make it happen.
Lawn mower racing is growing in popularity, with drivers and teams modifying machines to compete in national championships [Harry George Hall]
At the core of lawn mower racing exists a "welcoming, intergenerational community", Harry George Hall says [Harry George Hall]
#mower #growing
11 days ago
Meghan Markle's birthday surprise reportedly became another online flashpoint after she wore a glittering tiara at home. The **** ss of Sussex marked her 45th birthday in Montecito with kitchen dancing, balloons, and videos filmed by Prince Harry. A new report said some critics mocked the accessory as looking "like a queen." Others argued she was simply enjoying a private family moment that became public because of Instagram.
As per RadarOnline, Meghan Markle celebrated on Tuesday, August 4. Earlier, the former "Suits" actress posted black-and-white pool photos with balloons. She captioned them, "Thank you for the birthday love!" Later, her Instagram Stories showed her barefoot in the kitchen.
She wore loose white pajamas with "It's giving Mrs." on the shirt. Prince Harry could be heard behind the camera saying, "Oh dear." Meanwhile, the tiara surprise drove much of the reaction. RadarOnline said Meghan wore a novelty tiara over a bun.
A source said the clips were meant to show "a relaxed birthday at home." However, the insider said, "anything Meghan posts attracts intense scrutiny." Some viewers saw the tiara as "a fun birthday accessory."
Others read it differently because of her royal background. The source said people asked why she was "sauntering around" in a "Queen-style tiara." RadarOnline also noted that the birthday posts followed Meghan's return to sharing more personal updates online. The report said her social media now included family moments, lifestyle content, and project updates.
#Instagram #queen
As per RadarOnline, Meghan Markle celebrated on Tuesday, August 4. Earlier, the former "Suits" actress posted black-and-white pool photos with balloons. She captioned them, "Thank you for the birthday love!" Later, her Instagram Stories showed her barefoot in the kitchen.
She wore loose white pajamas with "It's giving Mrs." on the shirt. Prince Harry could be heard behind the camera saying, "Oh dear." Meanwhile, the tiara surprise drove much of the reaction. RadarOnline said Meghan wore a novelty tiara over a bun.
A source said the clips were meant to show "a relaxed birthday at home." However, the insider said, "anything Meghan posts attracts intense scrutiny." Some viewers saw the tiara as "a fun birthday accessory."
Others read it differently because of her royal background. The source said people asked why she was "sauntering around" in a "Queen-style tiara." RadarOnline also noted that the birthday posts followed Meghan's return to sharing more personal updates online. The report said her social media now included family moments, lifestyle content, and project updates.
#Instagram #queen
11 days ago
Aug. 5—LAS VEGAS − Spokane's 22-year-old poker phenom, Lucas Jumalon, is set to go heads-up against Finland's Lauri Saaskilahti starting at 6 p.m. PST for a chance to take home $10 million at the final table of the World Series of Poker's Main Event. The Spokesman-Review is providing live updates from the scene.
Since the only people who are able to see who has what cards are the players, the dealer, and a production team stationed in a trailer outside of the venue, reporting will be focused on the number of chips each respective player has at different points throughout the night. Once pokernews.com posts what hands each player had, the Spokesman-Review will update accordingly.
5 p.m. — Six men in black suits with briefcases in both hands strolled into the Main Event's final table on Wednesday, accompanied by heavily armed guards. Inside the briefcases was $10 million. The money was then dumped in the middle of the poker table and arranged into a pyramid for Saaskilahti and Jumalon to stare at during the game.
5:30 p.m. — Jumalon and his crew have arrived.
6:12 p.m. — Jumalon's support team is chanting the song "We Ready," by Archie Eversole, "Lucas, Lucas, Lucas," while Saaskilahti's supporters are chanting "ole, ole, ole." Jumalon's friends and family are all wearing black shirts, while Saaskilahti's team stand in contrast with all white apparel.
#jumalon #team #spokesman #review
Since the only people who are able to see who has what cards are the players, the dealer, and a production team stationed in a trailer outside of the venue, reporting will be focused on the number of chips each respective player has at different points throughout the night. Once pokernews.com posts what hands each player had, the Spokesman-Review will update accordingly.
5 p.m. — Six men in black suits with briefcases in both hands strolled into the Main Event's final table on Wednesday, accompanied by heavily armed guards. Inside the briefcases was $10 million. The money was then dumped in the middle of the poker table and arranged into a pyramid for Saaskilahti and Jumalon to stare at during the game.
5:30 p.m. — Jumalon and his crew have arrived.
6:12 p.m. — Jumalon's support team is chanting the song "We Ready," by Archie Eversole, "Lucas, Lucas, Lucas," while Saaskilahti's supporters are chanting "ole, ole, ole." Jumalon's friends and family are all wearing black shirts, while Saaskilahti's team stand in contrast with all white apparel.
#jumalon #team #spokesman #review
11 days ago
Snap (SNAP) got a much-needed boost in Tuesday morning trading, after the Snapchat parent company's second-quarter results beat expectations
Snap reported a loss of 10 cents per share for the June-ended quarter, narrowed from a loss of 16 cents per share a year earlier. That was better than the loss of 12 cents per share that ******* ysts polled by FactSet were forecasting. Sales increased 19% to $1.6 billion, compared with ******* yst estimates of $1.54 billion.
For the current quarter, Snap guided for sales of $1.72 billion at the midpoint of its range. Prior to the company posting its results, ******* ysts were projecting Snap would have $1.7 billion in September-quarter sales, according to FactSet.
Daily active users were 5% year-over-year to 493 million. ******* ysts were forecasting 488 million. User growth for Snap has come into focus for investors as governments limit or ban social media use by teens. Snap is also facing thousands of lawsuits from users as part of a wider docket of cases that includes Instagram and Facebook parent Meta Platforms (META), TikTok and YouTube parent Alphabet (GOOGL).
Advertising revenue climbed 9% to $1.28 billion. On a call with ******* ysts, Chief Executive Evan Spiegel said Snapchat saw improved advertisign performance with North American business. He said the World Cup boosted ad spending during the quarter.
#sales
Snap reported a loss of 10 cents per share for the June-ended quarter, narrowed from a loss of 16 cents per share a year earlier. That was better than the loss of 12 cents per share that ******* ysts polled by FactSet were forecasting. Sales increased 19% to $1.6 billion, compared with ******* yst estimates of $1.54 billion.
For the current quarter, Snap guided for sales of $1.72 billion at the midpoint of its range. Prior to the company posting its results, ******* ysts were projecting Snap would have $1.7 billion in September-quarter sales, according to FactSet.
Daily active users were 5% year-over-year to 493 million. ******* ysts were forecasting 488 million. User growth for Snap has come into focus for investors as governments limit or ban social media use by teens. Snap is also facing thousands of lawsuits from users as part of a wider docket of cases that includes Instagram and Facebook parent Meta Platforms (META), TikTok and YouTube parent Alphabet (GOOGL).
Advertising revenue climbed 9% to $1.28 billion. On a call with ******* ysts, Chief Executive Evan Spiegel said Snapchat saw improved advertisign performance with North American business. He said the World Cup boosted ad spending during the quarter.
#sales
11 days ago
Phoenix Suns rookie Koa Peat had a productive debut in the NBA Summer League, and the team is eager to see him take the court when training camp begins next month.
Peat logged four appearances with the Suns in Las Vegas, averaging 16.8 points, 4.8 rebounds, 2.2 ****** ists and 1.5 steals while shooting 51% from the field. He scored 12 or more points in each game, highlighted by a 19-point effort on July 19.
The 30th overall pick faces an uphill battle to carve out consistent playing time on a team that qualified for the playoffs last season. But Suns CEO Josh Bartelstein, speaking on the "Burns & Gambo Show" on Tuesday, said Peat will have the chance to prove himself.
I think we'll have an incredibly competitive training camp. We are deep. When you look at our depth, I think that is one of our strong suits. At the wing, you have Rasheer (Fleming), who is young, and Ryan Dunn, who is young, and Koa, who is young, on top of Miles (Bridges) and (Jordan Goodwin) and Dillon (Brooks), so Koa's job is to come compete every day and earn rotation minutes. I think we are deep there.
You saw the success of Khaman (Maluach) and Rasheer playing in the G League a little bit and ultimately really contributing the last half of the year, but Koa's mindset after a really good summer league is to come in and earn minutes right away. ... I want Koa to go out and say, 'I want to earn 20 minutes a game from the start.' Luckily, we've really built some depth at that position where there won't be pressure on him to do just that.
#peat #really
Peat logged four appearances with the Suns in Las Vegas, averaging 16.8 points, 4.8 rebounds, 2.2 ****** ists and 1.5 steals while shooting 51% from the field. He scored 12 or more points in each game, highlighted by a 19-point effort on July 19.
The 30th overall pick faces an uphill battle to carve out consistent playing time on a team that qualified for the playoffs last season. But Suns CEO Josh Bartelstein, speaking on the "Burns & Gambo Show" on Tuesday, said Peat will have the chance to prove himself.
I think we'll have an incredibly competitive training camp. We are deep. When you look at our depth, I think that is one of our strong suits. At the wing, you have Rasheer (Fleming), who is young, and Ryan Dunn, who is young, and Koa, who is young, on top of Miles (Bridges) and (Jordan Goodwin) and Dillon (Brooks), so Koa's job is to come compete every day and earn rotation minutes. I think we are deep there.
You saw the success of Khaman (Maluach) and Rasheer playing in the G League a little bit and ultimately really contributing the last half of the year, but Koa's mindset after a really good summer league is to come in and earn minutes right away. ... I want Koa to go out and say, 'I want to earn 20 minutes a game from the start.' Luckily, we've really built some depth at that position where there won't be pressure on him to do just that.
#peat #really
12 days ago
Amid the ongoing pursuits of Bradley Barcola and Ibrahim Mbaye, Liverpool are also understood to hold a 'concrete interest' in a current Premier League winger.
The Reds have reportedly made an opening offer of €105m (£89.9m) plus add-ons for the France international, although that has been rejected by Paris Saint-Germain, who are seeking a fee in the region of £145m (BBC Sport).
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Meanwhile, Merseyside chiefs are also 'pushing' to sign the Senegalese teenager, who's said to be 'keen' on a potential move to Anfield if PSG are amenable to selling him.
Should neither of those two arrive at Liverpool, TEAMtalk reported that Yankuba Minteh is an alternative target in whom the Reds hold a 'concrete interest'.
#Liverpool #amid #barcola
The Reds have reportedly made an opening offer of €105m (£89.9m) plus add-ons for the France international, although that has been rejected by Paris Saint-Germain, who are seeking a fee in the region of £145m (BBC Sport).
DOWNLOAD THE OFFICIAL EMPIRE OF THE KOP APP FOR ALL THE LATEST & BREAKING UPDATES – STRAIGHT TO YOUR PHONE! ON APPLE & GOOGLE PLAY
Meanwhile, Merseyside chiefs are also 'pushing' to sign the Senegalese teenager, who's said to be 'keen' on a potential move to Anfield if PSG are amenable to selling him.
Should neither of those two arrive at Liverpool, TEAMtalk reported that Yankuba Minteh is an alternative target in whom the Reds hold a 'concrete interest'.
#Liverpool #amid #barcola
12 days ago
Meghan Markle's alleged "outsider" complaint drew fresh criticism after her UK trip with Prince Harry. The ****** ss of Sussex was reportedly hurt by the way palace arrangements unfolded during the visit. A new YouTube segment linked that reaction to her wider trouble with royal life. The royal experts' discussion framed the issue around family protocol, public expectations, and whether the "Suits" actor ever adjusted to the royal family's way of operating.
As per TalkTV's YouTube video uploaded on August 4, 2026, Kevin O'Sullivan discussed Meghan Markle's birthday. He was joined by royal biographer Angela Levin. The segment then moved to the recent UK trip.
O'Sullivan said reports claimed Meghan was upset about being treated like "a pair of outsiders." Levin said Meghan came from "a different family." She added that the ****** ss "can't really know how to deal with it."
Meanwhile, Levin argued that the issue extended beyond a single visit. She said Meghan "won't do anything to fit in." The biographer added she would not adapt to "how the royals fit in." Levin also claimed Meghan "didn't do that from the start."
She said the former "Suits" actress "hated it." The comments framed the royal family clash as cultural and personal. They also followed renewed discussion about Prince Harry's wish for closer royal ties.
#youtube #duchess #trip
As per TalkTV's YouTube video uploaded on August 4, 2026, Kevin O'Sullivan discussed Meghan Markle's birthday. He was joined by royal biographer Angela Levin. The segment then moved to the recent UK trip.
O'Sullivan said reports claimed Meghan was upset about being treated like "a pair of outsiders." Levin said Meghan came from "a different family." She added that the ****** ss "can't really know how to deal with it."
Meanwhile, Levin argued that the issue extended beyond a single visit. She said Meghan "won't do anything to fit in." The biographer added she would not adapt to "how the royals fit in." Levin also claimed Meghan "didn't do that from the start."
She said the former "Suits" actress "hated it." The comments framed the royal family clash as cultural and personal. They also followed renewed discussion about Prince Harry's wish for closer royal ties.
#youtube #duchess #trip
