Affirm’s Q4 & Big Tech in Court: Meta & Anthropic Rulings 8/28/26
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Affirm’s Q4 & Big Tech in Court: Meta & Anthropic Rulings 8/28/26
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After reporting a strong Q4, Affirm’s stock surged. Affirm CEO Max Levchin discusses his view of the consumer and the economy, from his position in buy-now, pay-later platform that also offers credit cards. Meta reached an $18 billion multi-state settlement in its social media addiction trial, as CNBC’s Julia Boorstin reports, and a judge ruled in favor of Anthropic, finding that the Pentagon took illegal action in categorizing the company as a supply chain risk. The Information CEO and Editor-in-Chief Jessica Lessin discusses both tech headlines, as well as reports of an Anthropic IPO in October. Plus, President Trump has issued changes to the U.S. hog and poultry processing system.
Max Levchin - 13:30
Julia Boorstin - 25:46
Jessica Lessin - 29:47
In this episode:
Jessica Lessin, @jessicalessin
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Julia Boorstin, @JBoorstin
Cameron Costa, @CameronCostaNY
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