Wendy's Falls on No Buyout Bid; Meta Moves on Settlement | Stock Movers

On this episode of Stock Movers: - Dollar Tree (DLTR) shares are lower as the retailer’s guidance for the third quarter and full year proves underwhelming after the stock’s 38% advance since its 1Q results on May 28. The S&P 500 Index was up 2.1% for the same period. - Meta (META) shares are moving after it agreed to pay up to $18 billion in landmark settlements to resolve social media claims from US states that would require the company to make major changes to how it operates platforms l...

Meta’s $18bn settlement: How social platforms will change for child users

From night curfew to two-hour limit, Instagram and Facebook will introduce new features for children in the US.

‘You only get like two hours of alcohol or two hours of cigarettes a day’: Former Meta engineer on child safety settlement

Arturo Béjar, a former Meta engineering director, said the settlement is a “significant milestone,” but "it allows Meta to define harm."

By Barbara Ortutay, Wyatte Grantham-Philips, The Associated Press

Meta to pay $18B, make teen safety changes in states deal

The company urged other social media brands to follow its lead

By Rafi Schwartz, The Week US