The $17 billion settlement is a fraction of Meta's 2025 revenue of $201 billion. (File photo)Meta has agreed to pay $17 billion and add child-safety measures to its Facebook and Instagram platforms to end a landmark trial over teen social media addiction and settle claims filed by 47 states, state attorneys general announced Wednesday. California, Colorado, Kentucky and New Jersey were among 29 states that sued the tech giant in 2023, but the deal cuts short the trial, which was expected to see CEO Mark Zuckerberg take the stand before a jury in federal court in California.
US President Donald Trump on Wednesday said he doesn’t think Iran’s Supreme Leader, Mojtaba Khamenei, is dead; rather, he is wounded. During an interview with Glenn Beck, Trump said, “I don’t think he’s dead. He was very seriously wounded.”

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Meanwhile, escalating its threats over the Strait of Hormuz six months into the war, Iran recently said it blacklisted 45 tankers that violated the rules for crossing the crucial waterway. Iran added that action could be taken against any vessel transferring loads with them. The listed vessels could be fined, detained and have their cargoes confiscated, the Persian Gulf Strait Authority posted on X.
Top developments
– US Treasury Secretary Scott Bessent has announced ‘Operation Economic Outcast’, involving new sanctions that block all potential sources of revenue for Iran.
– Under the above programme, the US has sanctioned four India-based companies for importing petroleum and petrochemical products from Iran.
– The “economic onslaught” that Bessent has declared on Iran’s financial connections across the globe may have one major caveat, says China.
– The Trump administration in the US has issued a pause on visa appointments for applicants around the world amid an ongoing immigration crackdown by the country.
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