Kim Kahn
speaker
3,298 appearances
103 recordings
1 series
first heard Nov 2025
last heard yesterday
Kim Kahn’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 103 in all, peaking in Aug 2026 with 23.
Appearances
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Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis.
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Good afternoon.
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Today is Wednesday, august twenty sixth, and I'm your host, Kim Conn.
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Our top story so far Meta Platforms has reached a settlement with state attorneys general over allegations that Facebook and Instagram were intentionally designed to be addictive to minors.
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The $12.7 billion settlement was reached during a federal trial in California and also resolves lawsuits filed by California, Illinois, New Mexico, and Washington, DC over personal data collected from the Facebook platform by Cambridge Analytica.
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The main lawsuit filed by 29 states alleged Meta violated the Children's Online Privacy Protection Act by collecting personal data from minors without parental consent.
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and using the data for machine learning and generative AI models.
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Meta denied the allegations, arguing that social media addiction is not a recognized psychiatric condition.
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As is typical with settlements, Meta will not admit any liability, wrongdoing, or violation of law.
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But the company did agree to impose daily usage limits and restrict nighttime usage by miners on Facebook and Instagram.
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Access to certain features, including post like accounts and beauty filters, will be restricted for teens.
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The company also agreed to strengthen measures preventing miners from accessing age restricted content and enhance its age verification tools.
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The sentiment also includes the appointment of an independent auditor to confirm compliance and issue recommendations.
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Meadow will post a charge of approximately ten billion dollars to its Q three results tied to the settlement.
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Shares are higher for a fourth consecutive day.
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Looking to the economy, the core PCE price index rose zero point two percent in July, matching the consensus and ticking up from the zero point one percent in June.
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On an annual basis, core PCE climbed three point three percent, still well above the Fed's two percent target.
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Headline PCE also rose zero point two percent, exceeding the zero point one percent consensus and reversing the zero point one percent dip in June.
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Year over year the inflation rate rose to three point seven percent, above the three point three percent consensus and even with the prior month.
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Showing 661–680 of 3,298 · page 34 of 165
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