World

TikTok settles children's addiction lawsuit ahead of trial

Jan 28, 2026

Los Angeles [US], January 28: TikTok has reached a settlement in a landmark lawsuit alleging the platform's design deliberately fosters addiction and harms children, avoiding a trial due to begin in Los Angeles, lawyers for the plaintiff said.
Financial terms of the settlement were not disclosed, and TikTok did not immediately comment, according to the Associated Press.
The case, one of several targeting major social media companies including Meta's Instagram and Google's YouTube, centres on claims that features designed to maximise user engagement have contributed to addiction and psychological harm in young users.
Snap Inc., owner of Snapchat, reached a settlement in the case last week, leaving Meta and YouTube to face trial.
Source: Emirates News Agency

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STL delivers resilient FY'26 performance; AI Data Centre business emerges as key growth engine

Mumbai (Maharashtra) [India], April 29: STL (NSE: STLTECH), a leading connectivity solutions provider for AI-ready digital infrastructure, today announced its financial results for the year ended 31 March, 2026. The Company reported revenues of INR 1,441 Cr for the quarter and INR 4,745 Cr for FY26, a growth of ~14.7% QoQ and 18.8% YoY. In FY26, STL delivered EBITDA margins at ~13.2% and EBITDA of INR 628 Cr. The year was characterised by a transformative ~110% surge in order intake over FY25. This indicates strong revenue visibility and sets the stage for sustained growth in the coming quarters.

Apr 29, 2026