ToplineTrump Media’s stock fell more than 8% on Monday shortly before the company reported its second quarter earnings, which revealed its latest net loss for the year.Key FactsTrump Media closed down 8% at $9.39, erasing two weeks worth of gains made by the company’s stock.Shares slid down a fraction of a percent in after-hours trading, as Trump Media reported a $238.1 million net loss for its latest quarter and $1.7 million in sales.The company attributed $190.4 million worth of the losses to unrealized losses on digital assets and equity securities.Trump Media reported $2 billion in total assets, nearly all of…

New Mexico’s attorney general hopes a state court ruling ordering Facebook parent company Meta to pay $567 million and take steps to protect people under 18 is the impetus for addressing how Big Tech can harm children.Thursday’s decision ended the second phase of a landmark trial. Jurors earlier this year…

United States

TikTok and Meta have agreed to join a voluntary coordination mechanism chaired by the European Commission with fact-checkers, following the spread of disinformation online that fuelled the mass crossings in the Spanish enclave of Ceuta, in which around 100 people died. On Monday, Henna Virkkunen, the European Commission’s Executive Vice-President…

Business & Money

Asset protection planning is something that is heavily marketed. It is also heavily marketed in many of the wrong ways. One of the worst ways that asset protection is marketed is that creditors will see asset protection planning and run away. Not even try to sue.It doesn’t work that way…

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