Jury selection began Wednesday in Los Angeles Superior Court in a California state-court trial in which two plaintiffs accuse Meta and Snap of building features that fueled compulsive use, Reuters reports. The claims are allegations, and the trial is expected to last "several weeks."
The jury will hear both plaintiffs' claims against Snap and K.D.B.'s claims against Meta.
The plaintiffs allege that features including autoplay and infinite scroll drove compulsive use, causing depression, anxiety and eating disorders.
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ADT and Thrive Holdings announced an all-cash deal that values ADT at about $7.6 billion in equity value and $15.3 billion in enterprise value, according to the companies. ADT stockholders would get $10.00 per share, and the companies expect the deal to close in the first quarter of 2027, pending stockholder and US antitrust approval.
AUO's board approved selling its Taichung Plant Phase II buildings, cleanrooms and facility equipment in Xitun District to TSMC for NT$38.8 billion (about US$1.2 billion) before tax, per AUO's TWSE material-information filing as reported by TechNews and DigiTimes. AUO expects a disposal gain of about NT$18.5 billion, with payment in installments under the property contract. Separately, AUO ended a planned NT$19.7 billion sale of its Huaya site to Quanta because the two sides could not agree on specs and delivery timing.
China's CXMT plans to begin limited HBM3E production within about two months despite yields of only 20% to 30%, Reuters reported Oct 28, citing two people familiar. It has sampled HBM3E to domestic AI chip designers, versus roughly 70% yields at SK Hynix, the sources said. CXMT did not respond to Reuters.
Marvell is in advanced talks to acquire optics maker Lumentum, Bloomberg News reported Oct 28, citing people familiar, and a source told Reuters the same. A deal could be announced as soon as next week, though talks are private and no agreement has been reached. Lumentum rose about 9% after hours and Marvell fell more than 8%, per Reuters.
Anduril now says its BlueChip laptop, which uses Qualcomm Snapdragon X chips, is being developed to exceed the 65% US domestic-content threshold at its 2027 launch, per a statement to The Verge. The company says the final percentage is still being determined. On Tuesday, Anduril said it could not confirm whether the launch model would clear 65%, and put the prototype at about 32% US-origin by component cost.
