Fortis’ News of the Week:
- $1.8 billion in damages to be paid to home sellers after National Association of Realtors and other major brokerages are found guilty of inflated commissions.
- ESPN’s deepfake interview of Damian Lillard makes headlines and leads to concern over AI clickbate-created content.
- EU court rulings require Meta to allow users the option of “opting out” of targeted ads for monthly payment.
- X, originally purchased for $44 billion, receives a $19 billion valuation based on equity compensation plans.
- Following the wage increases for unionized employees at GM, Ford, and Stellantis, Toyota increases wages for non-uninionized factory workers.