Top stories for October 22
META•Meta struck a deal to keep Mark Zuckerberg in California, and a New Mexico judge ordered it to pay $25 billion in a data-privacy case. Tesla’s Elon Musk said Optimus robots could ship to outside companies by the end of next year.
1. Meta and Tesla
Meta Platforms struck a deal with Mark Zuckerberg to keep him in California after he warned he was considering leaving if voters pass a proposed wealth tax next month. Separately, a New Mexico judge ordered Meta to pay the state $25 billion after a jury found it misled consumers about data privacy. Tesla CEO Elon Musk said the company could start shipping Optimus humanoid robots to outside companies by the end of next year, and that its autonomous taxi fleet would soon become a significant revenue driver.
2. Mattel and PHP
Mattel added a top executive of its largest shareholder, EdgePoint Investment Group, to its board as the toymaker faces weak performance and leadership upheaval. The creators of PHP disclosed a critical security issue that hackers could use to take control of systems running the software, which powers as much as 70% of the world’s websites.
3. Data center proposals
President Donald Trump said companies building data centers should pay a “dividend” to the communities where the facilities are located if they want to make the developments popular.
