Meta losing big money as legal bills stack up

The parent company of Facebook and Instagram has lost billions of dollars in profits as bills from multiple lawsuits stack up. Plus, the government winds back its so-called “widow’s tax”, a new desl to reopen the Strait of Hormuz, and Jetstar passengers facing a new fee for using overhead lockers, Read more: Meta’s soaring $2.4bn legal bill wipes out profit growth amid multiple lawsuits Labor moves to neutralise ‘widow’s tax’ and testamentary discretionary trust issues US aiming for Hormuz deal on Wednesday: Axios Jetstar to charge passengers for using overhead lockers for carry-on bags See omnystudio.com/listener for privacy information.