The settlement implications of a $1.4 trillion demand by states in an upcoming trial against Meta related to allegedly addictive features leads this episode of Bloomberg Intelligence’s Votes and Verdicts podcast. We also discussed why Meta can cut $10 billion from a $22 billion IRS tax case in connection with IP offshoring. An NAACP lawsuit against SpaceX’s xAI unit seeks to shut down the gas turbines powering its Colossus 2 data center and could jeopardize part of its $45 billion contract with Anthropic. Hyperscalers like Alphabet, Amazon.com and Microsoft face heightened nationwide policy risk after New York passed what appears to be the first data-center ban in the US. Prediction market litigation is poised for Supreme Court review, with New Jersey’s Aug. 4 deadline to seek high court review of its loss to Kalshi.

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The November midterm elections, potential litigation challenging the Paramount-Warner Bros. Discovery merger, and President Donald Trump’s ongoing bids to fire Federal Reserve Governors Jerome Powell and Lisa Cook are among key catalysts Bloomberg Intelligence policy and litigation analysts will be watching in 2H. In this episode of Votes and Verdicts, we also discuss crypto legislation to bring clarity for companies like Coinbase, deregulation to ease capital rules for banks such as JPMorgan and Bank of America, relaxed TV-ownership caps for companies like Nexstar and Sinclair and rulemaking and litigation concerning prediction markets like Kalshi. Further, we explore antitrust cases against Live Nation and Google, BNP Paribas’ Sudan genocide appeal, and class actions against Bayer and Reckitt’s Mead Johnson.

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What is the Trump administration’s approach to Cuba? How does it differ from President Donald Trump’s first term? And what happens next in the short term and the longer term? Ricardo Herrero, executive director of the Cuba Study Group, joins Bloomberg Intelligence’s Elliott Stein and Nathan Dean on this episode of the Votes and Verdicts podcast to discuss these and other related questions. Herrero also discusses the risks and opportunities for companies operating or seeking to operate in Cuba, and explores implications for banks like Santander and BBVA, for hotels like Melia and Iberostar and for crypto companies like Coinbase, among other sectors.

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