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US appeals court to consider reviving Apple app store class action

A U.S. appeals court will review a decision that stripped a class action status from a lawsuit accusing Apple of monopolizing the app market and inflating prices. The case involves nearly 200 million consumers and $20 billion in overcharges. Plaintiffs argue the decertification ruling was erroneous and seek to revive the class action. Apple denies wrongdoing and argues individual claims can still be pursued.

Reuters·
US
AAPL
+0.13%
US
AAPB
-0.14%
US
AAPD
-0.15%
Reuters·
US
AAPL
+0.13%
US
AAPB
-0.14%
US
AAPD
-0.15%

Meta was reported to release new image and video AI models in the first half of next year, researching and developing world models

Media reports indicate that Meta is developing a next-generation image and video AI model codenamed Mango, as well as a large language model codenamed Avocado, which focuses on enhancing programming capabilities. Last week, it was reported that the Avocado being developed by Meta may adopt a proprietary rather than open-source model, marking a significant shift in Meta's long-standing commitment to open-source strategy

Wallstreetcn·
US
META
+2.30%
Wallstreetcn·
US
META
+2.30%

Threads wants to be the app you can’t wait to open in the morning

Meta's Threads app has become the second-most-downloaded iOS app of the year, following ChatGPT. With 400 million monthly and 150 million daily active users, its growth is largely driven by Meta's other platforms like Instagram and Facebook. Connor Hayes, head of Threads, highlights the app's success in attracting content-hungry consumers.

The Verge·
US
META
+2.30%
The Verge·
US
META
+2.30%

Kaggle’s AI Agents Course Signals Industry Shift

Kaggle and Google's AI Agents Intensive Course attracted over 1.5 million global participants, marking a shift in AI development towards autonomous systems. The course emphasized practical skills in designing and deploying AI Agents, reflecting industry demand for independent AI solutions. The high engagement and diverse capstone projects highlight developers' readiness to innovate in AI, signaling a move towards goal-oriented systems capable of complex problem-solving.

StartupHub·
US
GOOG
+1.91%
US
GOOGL
+1.93%
StartupHub·
US
GOOG
+1.91%
US
GOOGL
+1.93%

Health Care Up, but Not by Much, as Traders Seek Out Risk -- Health Care Roundup

Healthcare stocks rose slightly as traders shifted to riskier sectors. Eli Lilly and Novo Nordisk filed for FDA approval of new obesity treatments. Cannabis stocks fell after Trump rescheduled marijuana, affecting recreational sales.

marketscreener·
US
NVO
-0.33%
US
LLY
+1.45%
marketscreener·
US
NVO
-0.33%
US
LLY
+1.45%
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