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The Latest Breaking News from Platforms

Why Would Billionaire Paul Tudor Jones Ditch Meta Platforms Stock in Q4?

Jones likely exited not because the business is faltering but because Meta's capex run rate, premium forward multiples, and crowded trade make the risk‑reward less clean heading into the most capital‑intensive phase of its AI buildout.

Abridging, Not Coercing, Is The First Amendment's Yardstick for Speech Violations

Philip Hamburger: Prof. Somin is mistaken about Murthy v. Missouri

Journal of Free Speech Law: "Courting Censorship," by Prof. Philip Hamburger

The article is here; the Introduction: Has Supreme Court doctrine invited censorship? Not deliberately, of course. Still, it must be asked whether current doctrine has courted censorship—in the same way one might speak of it courting disaster. The Court has repeatedly declared its devotion to the freedom of speech, so…

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Up 183% YTD, Here's Why Meta Platforms Stock Is Still a Buy

Keep an eye on high-flying Meta Platforms stock, and consider investing in its shares on pullbacks, as the company looks well-positioned for more AI-driven upside in the year ahead.

Illinois among 33 states suing Meta, alleging its platforms have harmed kids

The Menlo Park, California-based company formerly known as Facebook is accused of ensnaring youths “while misleading the public about the risks of social media.”

Chicago Sun-Times

Content Moderation, Social Media, and the Constitution

Two sets of cases - one already before the Supreme Court, one about to be - will go a long way towards defining the role of social media companies

Federal Judges Uphold Texas Law Regulating What Social Media Platforms May Censor

It’s a terrible ruling that misunderstands years of First Amendment precedents. And it’s increasingly likely that the Supreme Court will have to intervene.

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Fifth Circuit Rejects First Amendment Challenge to Texas Social Media Common Carrier Law

Just released, Netchoice v. Paxton; I'm traveling and likely won't have time to digest the 113 pages of opinions for a while, but here's the opening from Judge Andrew Oldham's opinion, which is a majority on most points: A Texas statute named House Bill 20 generally prohibits large social media…

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