August 10, 2026
(META, GOOGL, SNAP, TikTok) Social Media Litigation: The Next Cases and Broader Industry Risk
With Meta’s (META) latest loss in New Mexico’s child-safety case last Thursday, we wanted to provide a comprehensive state-by-state overview of the litigation and regulatory risks facing social media companies, including Meta, Google (GOOGL), Snap…
August 6, 2026
(GOOGL, META, MSFT, Anthropic, OpenAI) Govt. Vetting of AI Frontier Models
We view the White House’s meetings this week with Google (GOOG), Meta (META), Anthropic and OpenAI as evidence that it still plans to release its framework for vetting frontier AI models despite missing the Aug….
August 4, 2026
(COHR, LITE, AAOI, AMZN, MSFT, GOOGL, META) Texas Data Center “Moratorium” Likely to Extend Into 2027; FCC Chinese Transceiver Ban Likely This Year
We expect Texas Gov. Greg Abbott’s (R) pause on data-center approvals to extend into 2027, with the Texas Legislature likely to determine the industry’s longer-term regulatory and tax treatment during its January 12-May 31 session…
July 29, 2026
(META, GOOGL, SNAP, PINS, RDDT, STUB, LYV) California: Social Media Bill Likely to Pass; Ticket Resale Cap More Uncertain
We wanted to update you on two California bills that we believe are likely to become law and would negatively Meta Platforms (META), Alphabet (GOOGL), Snap (SNAP), Pinterest (PINS), Reddit (RDDT), TikTok, StubHub (STUB) and…
July 1, 2026
(META, GOOGL, SNAP, PINS) California Softens Under-16 Social Media Bill, but Passage Odds Rise
We have raised our odds to 70% that California’s AB 1709, which would restrict social media companies, including META, GOOGL, SNAP, and PINS, from providing addictive features to users under 16, will become law. AB…
June 17, 2026
(NVDA, AMD, GOOGL, META, CRWV, Anthropic, OpenAI) AI Regulation: State Patchwork, Federal Export Controls, and NDAA Chip Watch
We remain skeptical that Congress will pass comprehensive federal AI legislation this year or likely next year, leaving companies to navigate a state-by-state regulatory patchwork since no current federal law exists that broadly preempts state…
May 26, 2026
(META, GOOGL, SNAP, STUB, LYV) California Ban on Kids Access to Social Media and 10% Cap on Ticket Resale Like to Advance
We wanted to give you and update on two bills in the California legislature, impacting META, GOOGL, SNAP, STUB, and LYV, that we have been following and which we expect to be considered on the…
May 13, 2026
(META, GOOGL, SNAP, TikTok) AB 1709 Watch: Timeline and Outlook for California’s Youth Social Media Bill
Below we provide an update on AB 1709, legislation in California that would ban kids under 16 years old from creating accounts on social media platforms (META, GOOGL, SNAP, TikTok) with addictive features. We continue…
May 4, 2026
(META) New Mexico Public Nuisance Remedies Trial Begins – Material Downside Risk and Precedent Implications
The remedies phase of State of New Mexico v. Meta Platforms (META), Inc.—a landmark public-nuisance bench trial—opens this morning in Santa Fe District Court before Judge Bryan Biedscheid, who also oversaw the earlier jury trial…
April 20, 2026
Capitol Policy Weekly: Reconciliation, Warsh, Export Controls, California Social Media in Focus
With the House and Senate both in session this week, Washington’s focus will remain concentrated on the Iran-U.S. conflict, which heated up yesterday after the U.S. seized an Iranian ship. We have though an escalation…