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.

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&rsquo;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&rsquo;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&rsquo;s Aug. 4 deadline to seek high court review of its loss to Kalshi.
Listen to this episode on Apple Podcasts and Spotify.

Votes and Verdicts is a series that examines the intersection of business, policy and law. It features conversations between Bloomberg Intelligence's team of litigation and policy analysts and thought leaders discussing legal and policy issues affecting markets and business decisions across many sectors.

Votes and Verdicts is a series that examines the intersection of business, policy and law. It features conversations between Bloomberg Intelligence's team of litigation and policy analysts and thought leaders discussing legal and policy issues affecting markets and business decisions across many sectors.

Votes & Verdicts

$1.4 Trillion Meta Suit, SpaceX, Data Centers

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d718ba4b-1c0d-471c-bedf-b48300bec3ce/transcript