Madeline Mekelberg

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And Kurt, this comes with the current context that already the landscape has shifted.

Australia has a ban on 16s and under.

We're looking at Asia replicating.

Europe is discussing, even California thinking about it.

And at the same time, we've actually seen the companies try to respond with changes.

And they're certainly telling us about the changes and the protections that certain parents and kids have.

Will business models have to change?

Lumos Kurt Wagner, who's been across this story, we thank you so much.

Let's get more of what this means for the business model, what it means for the market.

Minda Smiley, senior analyst covering social media and e-marketer joins us now.

Minda, do you anticipate significant changes to revenue for these companies off the back of these landmark cases?

Amanda, it's so interesting that, of course, you referenced TikTok because we should remind the audience that TikTok and Snap settled ahead of this trial, but they too are implicated in a lot of the other cases.

And this isn't just a meta and a Google issue more broadly.

So how far and wide could this net be cast?

It's time now for Talking Tech and first up, China's food delivery leader, that's Meituan, posted a modest 4.1% increase in sales.

Look, the company's expansion efforts outside of China helped offset price war pressures from Alibaba and JD.com.

Still, that rivalry has weighed on the stock, which has down 45% over the past year.

Plus, Moonshot AI is in early stages of considering an IPO in Hong Kong.