Wednesday, October 21, 2026
What you missed today
Three stories of the day. One minute and you're caught up.
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💻 Technology ✓ readMeta ordered to pay $25 billion for Facebook privacy violations
A court in New Mexico on Wednesday ordered Meta Platforms to pay $25 billion. A jury found that Meta misled users about protection of their privacy. The case concerns Cambridge Analytica, which without consent obtained data from millions of Facebook users during Donald Trump's 2016 election campaign.
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📈 BusinessFrench bond yields hit 24-year high after weekend protests
French government bond yields exceeded 5% — a level unseen since 2002 — following weekend protests and riots in France. This signals investors' loss of confidence in the country's public finances, which face budget problems and rising debt. Nvidia announced it invested 10 billion dollars in European tech companies to strengthen its "AI economy," and Britain approved construction of a controversial natural gas field.
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🌍 WorldMoscow seeks Trump-Putin-Xi summit without Ukraine and EU
Russia is pushing for a summit with Donald Trump and Xi Jinping focused on ending the war in Ukraine, with Ukraine and the European Union conspicuously excluded. Moscow hopes this format will let it dictate peace terms without Ukrainian participation. China may be willing to attend, as the summit would strengthen its position as a global mediator.