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Meta, TikTok can be sued by mother of NYC teen killed while ’subway surfing’

Meta, TikTok can be sued by mother of NYC teen killed while ’subway surfing’

By Jonathan Stempel NEW YORK (Reuters) -Meta Platforms and TikTok owner ByteDance must face a wrongful death lawsuit by the mother of a 15-year-old Manhattan boy who died while "subway surfing" on a moving train, a New York state judge ruled. Justice Paul Goetz ruled on Friday that Norma Nazario can try to prove Meta (NASDAQ:META) and ByteDance "goaded" her son Zackery into subway surfing by addic ...

2025-07-01 00:38:19
TransDigm to buy proximity sensor maker Simmonds for $765 million

TransDigm to buy proximity sensor maker Simmonds for $765 million

(Reuters) -Aerospace supplier TransDigm Group said on Monday it will acquire Simmonds Precision Products from defense contractor RTX Corp for about $765 million in cash. Simmonds makes fuel and proximity sensing and structural health monitoring products for the aerospace and defense industry. Cleveland, Ohio-based TransDigm supplies aircraft components such as cockpit security systems and engine ...

2025-07-01 00:35:54
Palantir, Circle Internet Surge Among Monday’s Market Cap Stock Movers

Palantir, Circle Internet Surge Among Monday’s Market Cap Stock Movers

Monday’s trading session has seen notable movements in the stock market, with some stocks experiencing significant intra-day volatility. Mega-cap stock Palantir Technologies Inc (NASDAQ:PLTR) has soared following a strategic partnership announcement, while large-cap Circle Internet Group Inc (CRCL) has surged on a positive analyst rating. Here are some of the most prominent stock movers of the ...

2025-07-01 00:34:02
US Supreme Court to review billion-dollar Cox Communications copyright case

US Supreme Court to review billion-dollar Cox Communications copyright case

By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court agreed on Monday to decide a copyright dispute between Cox Communications and a group of music labels following a judicial decision that threw out a $1 billion jury verdict against the internet service provider over alleged piracy of music by Cox customers. The justices took up Cox’s appeal of the lower court’s decision that i ...

2025-07-01 00:32:17