$1.4 Trillion Meta Suit, SpaceX, Data Centers
About this episode
This episode discusses the implications of a $1.4 trillion lawsuit against Meta and various related topics including SpaceX and data center policies.
The settlement implications of a $1.4 trillion demand by states in an upcoming trial against Meta related to allegedly addictive features leads this episode of Bloomberg Intelligence’s Votes and Verdicts podcast. We also discussed why Meta can cut $10 billion from a $22 billion IRS tax case in connection with IP offshoring. An NAACP lawsuit against SpaceX’s xAI unit seeks to shut down the gas turbines powering its Colossus 2 data center and could jeopardize part of its $45 billion contract with Anthropic. Hyperscalers like Alphabet, Amazon.com and Microsoft face heightened nationwide policy risk after New York passed what appears to be the first data-center ban in the US. Prediction market litigation is poised for Supreme Court review, with New Jersey’s Aug. 4 deadline to seek high court review of its loss to Kalshi. Listen to this episode on Apple Podcasts and Spotify. See omnystudio.com/listener for privacy information.
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