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The Meta CEO was not onboard his superyacht when a nearby boat put out an assistance call.

Rihanna’s “We Found Love” with Calvin Harris and “Only Girl (In the World)” return to Billboard’s Dance Streaming Songs chart, joining “Don’t Stop the Music.”

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealA great furniture arrangement in your living or family room helps create the cozy relaxing space you want to enjoy after a long day, and when you can get a few pieces of furniture for the price of one, it makes it so much easier to to set that up. With the Bonzy Home Sectional Sofa Set, you can get not one but three matching pieces of furniture, which not only takes the work out of furnishing an entire room but helps you save money with an incredible 3-in-1 deal. The best part? The multi-piece set is on sale now to help you secure three pieces of stylish furniture for even less.The Bonzy Home Sectional Sofa Set typically retails for $999. It comes in a few variations, but this particular one includes a sofa, an armchair, and an ottoman. Thanks to a Walmart Flash deal, however, you can not get all three items for 49% off. Save almost $500 and get the sofa set now for only $505 during this limited-time sale. Bonzy Home Sectional Sofa Set, $505 (was $999) at Walmart

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Shop at WalmartWhy do shoppers love it?Not everyone wants matching furniture, but it is ideal when you know you can get a bunch of pieces in the same fabric and style when that’s the look you’re going for. With this sectional sofa set, you get a two-person sofa, an armchair, and a matching ottoman all for just $505. Ideal for the shopper who wants to seamlessly fill a room without too much legwork, this multi-piece furniture set comes in a few variations, with options for larger furniture like a three-seater sofa in lieu of the two, a three-seater, two-seater and ottoman set, as well as two L-shaped sectional options so you can find the best one that suits your needs and your space. All three pieces are made with foam and upholstered in corduroy fabric. Available in three muted neutral colors, the set has that cozy elevated corduroy texture that’s known for being comfortable but also structurally sound. It has great durability and adds a great visual element without being super expensive. The two-person sofa measures 61.8 inches long, 32.3 inches wide, and 31.5 inches high. The sofa seat sits 18.9 inches high and 22.5 inches deep. Each cushion can comfortably hold up to 300 pounds. The armchair, which can also hold up to 300 pounds, has an identical seat measuring 25.9 inches long, 22.5 inches wide, and 14.9 inches high. The ottoman measures 25.9 inches by 25.9 inches with a height of 18.9.Related: Walmart is selling a cloud-like accent chair and ottoman for just $185The geometric and modular-shaped furniture is ideal for folks who want simple, functional, and somewhat stylish furniture. The foam provides plush cushions and the supportive backrests in combination with them help provide an ideal sitting or reclining experience. The ottoman can be used as additional seating or in combination with the sofa or armchair as support to kick up or extend your feet. Details to knowMaterial: Corduroy fabric, and foam.Colors: Three.Weight limit: 300 pounds per seat.Shoppers like the understated, neutral shades this set comes in as well as the corduroy upholstery that’s soft to the touch and pleasing to the eye. The “stylish, sturdy, and pet-approved” furniture has a nice “retro-meets-modern vibe” with firm, supportive cushions and ample space for sitting and reclining. It “exceeds” shoppers’ expectations, and it’s very high-quality and well-built. Shop more deals Homall Modern U-Shape Sectional Sofa, $350 (was $660) at WalmartBedLuxury Wide Loveseat, $150 (was $300) at WalmartChitooma Corduroy Futon Sofa Bed, $160 (was $320) at WalmartFor those looking for a fresh new furniture piece (or three), the Bonzy Home Sectional Sofa Set is a great deal when you consider that you can get three great items for the price of one.

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.You can’t go anywhere today without hearing people talk about artificial intelligence. AI is seeping into every aspect of our daily lives, for better or worse. No matter what you think about this sea change, there’s no denying its existence. It’s being incorporated into everything from smartwatches to laptops, and even eyewear. As such, we all have to adapt as best we can to ride this wave and come out stronger on the other side. Investors are certainly doing this, putting many of their eggs in the AI basket so as not to miss the boat.Companies like Nvidia, Google, and Microsoft are prime targets for AI investors, and this is having a major impact on the markets. That said, many are wondering how they can maximize the proliferation of AI in their personal lives. After all, not everyone has millions to invest in tech startups. We’re just trying to get to work on time without losing our shirts at the gas pump on our way to shop for overpriced groceries. Perhaps the most direct way you can get the most out of AI as an individual consumer right now is through the use of an AI-enabled tablet. Thanks to the Android 16 operating system, some personal tablets have more AI integration than ever before, and we’re here for it. In fact, one of Amazon’s most highly rated Android 16 tablets is currently available at a massive discount, and we think you should give it serious consideration. Aiprotablet 10-Inch Android 16 Tablet

Courtesy of Amazon

Check price at AmazonThe Aiprotablet 10-Inch Android 16 Tablet is currently on sale for only $86. That’s an impressive 39% off the original price of $140. However, this is a limited-time deal, so there’s no telling exactly when the price will go back up. That means the sooner you get yours, the sooner you secure the best possible price. Not only is this one of the most advanced AI-enabled tablets you can buy, but it comes with a host of accessories you don’t typically get with a standard tablet. It includes a wireless keyboard, mouse, and stylus. You also get a flexible laptop stand and screen protector. Add to that the most current and updated AI technology available on a personal device, and you’ve got yourself an all-around great deal. Whether you want a tablet and laptop combo for work or play, this is the one to get right now.How does Android 16 integrate AI functionality?With every new Android OS release, artificial intelligence plays a slightly larger role. When it comes to the Android 16 system, there are three important ways in which AI plays a part in the user experience. Those are related to Gemini integration, management of smart notifications, and contextual intelligence. Each of these offers its own advantages, and they combine to give you the best possible productivity and entertainment experience possible. In terms of Gemini, Android 16 allows it to execute tasks and automations deep within apps themselves. It also has the ability to read PDFs and other documents for more detailed feedback.Smart notifications make the entire experience of using your tablet more convenient. The operating system condenses long messages for easier consumption using AI to summarize. The AI functions on Android 16 also organize and prioritize your notifications across multiple applications in order to feed you the most up-to-date and relevant information as it becomes available. It also silences low-priority items that you rarely or never engage with so you don’t lose time reading irrelevant notifications.Finally, Android 16 uses AI technology to analyze on-screen data. You can literally circle a math problem or other similar item on the screen and ask the OS’s AI feature to solve the problem for you. It’s called circle to search and it has so many practical applications, we can’t possibly name them all. Just be assured that you won’t be wasting your time anymore on menial tasks that slow down your workflow. More AI-enabled tabletsIf the Aiprotablet 10-Inch Android 16 Tablet isn’t what you need, then we’ve got some more options for you. Amazon has one of the widest selections of tablets of all sorts, so it’s no surprise their AI tablet inventory is one of the best. The list below constitutes some of our favorite AI tablets at some of the lowest prices we’ve seen. Colorroom 11-Inch Android 16 AI Tablet

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Check price at AmazonPopux Gemini AI Android 16 Tablet

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Check price at AmazonTuohaitime 10-Inch Android 16 Tablet

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Check price at AmazonWxunja Octa-Core AI-Enabled Tablet

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Check price at AmazonTheStreet Shopping is your guide for shopping insights and advice. We look beyond the price tag to find the best value in home, tech, and wellness gear based on product features and real-world use. Read more about our Editorial Standards and How We Choose Our Shopping Deals.

Drive far enough outside any major American city and you will find the same thing. Your phone signal drops. Text messages stop sending. Navigation goes blank. That gap in coverage has existed for decades, and the three biggest wireless carriers in the country have never fully closed it. SpaceX just said it plans to.On August 4, during its first-ever earnings call as a public company, SpaceX outlined a plan to build a hybrid wireless network combining Starlink satellites with small ground-based cells. The goal is to compete directly with Verizon, AT&T, and T-Mobile, starting in the places those carriers struggle most, Bloomberg reported.What SpaceX is building with Starlink mobile wirelessTraditional wireless networks run on towers. Verizon, AT&T, and T-Mobile have built hundreds of thousands of them across the U.S. over three decades. Each tower covers a fixed area. Towers are expensive to build and maintain, which is why rural coverage has always lagged urban coverage.SpaceX is taking a different approach. Instead of towers, SpaceX plans to use small cells mounted on the same hardware that already holds Starlink broadband dishes. Those dishes are installed on homes and businesses across the country. CEO Elon Musk described the plan on the call:”Instead of having to deploy these very expensive and difficult to locate, large cellular base stations, we feel reasonably confident that we can deploy a large number of small stations. Essentially, they’re really just Starlink dishes that also provide connectivity in the mobile spectrum bands, and have them be all over the place.”More SpaceX:Morgan Stanley says SpaceX investors miss the bigger storyPeter Schiff says SpaceX is a warning for hyped stocksSpaceX stock defies latest Wall Street forecastsThe satellite layer is the other half. SpaceX already operates Starlink satellites that can reach phones directly in areas with no cellular signal. Next-generation Starlink Mobile V2 satellites, scheduled to begin launching in 2027, will have significantly more capacity. SpaceX President Gwynne Shotwell said the service will be “100 times better” than the current direct-to-device offering once those satellites and the EchoStar spectrum are deployed.What customers would get from Starlink mobile vs the Big ThreeVerizon, AT&T, and T-Mobile cover most Americans. Their networks run fast in cities and suburbs. Coverage maps show near-complete U.S. service. Rural roads, mountain areas, national parks, and open water are a different story. More than 500,000 square miles of the U.S. still lack cell coverage from any carrier, according to CNBC.Starlink Mobile’s satellite component reaches those areas already. A phone connected through Starlink can send texts and access data in places where no tower signal exists. SpaceX is now promising to go further. Musk claimed the combined satellite and small cell network would provide coverage that is “probably better and higher bandwidth than what is currently available from cellular providers.”The question is whether that claim holds in practice. Dead zone coverage is one thing. Competing with Verizon or T-Mobile on speed, reliability, and capacity in a city or suburb is a different problem. Carriers have spent years building dense tower grids specifically because urban users generate the most traffic. SpaceX has not demonstrated it can match that density with small cells and satellite backhaul.Pricing is also unresolved. The Big Three compete heavily on price through family plans, device trade-in offers, and promotional bundles. SpaceX has not disclosed what Starlink Mobile will cost when it launches as a standalone consumer product.

SpaceX is coming for Verizon, T-Mobile and AT&T customersKevin/Getty Images

How SpaceX plans to build mobile coverage without cell towersSpaceX acquired 65 megahertz of spectrum from EchoStar. That spectrum is the foundation of the terrestrial plan. Starlink currently operates with roughly 5 megahertz through its T-Mobile partnership, which provides limited dead zone messaging and data. Adding the EchoStar spectrum would bring that total to approximately 70 megahertz.During the earnings call Q&A, an investor asked Shotwell directly about competition with Verizon, AT&T, and T-Mobile. She did not hedge her answer, CE-Sphere reported. “I anticipate us to be able to acquire quite a few of their customers because I think our service will be better,” Shotwell said. She cited a U.S. wireless market worth approximately $600 billion annually and said SpaceX intends to compete for a portion of it.Shotwell also described the femtocell deployment model: “You could put a base station, a cellular base station on the gear that holds a Starlink broadband dish. So you can have kind of these little femtocells around the country, and you deploy that as you need it.”What SpaceX needs to deliver in 2027 to compete with carriersStarlink dishes are already on rooftops across the country. That gives SpaceX a physical platform for small cell deployment that traditional carriers do not have. Shotwell said SpaceX has ideas for building the ground network efficiently. She called them “great and new ideas” without going into specifics on the call.The spectrum position is the biggest gap. AT&T, Verizon, and T-Mobile each hold far more than SpaceX’s 65 megahertz. Spectrum determines capacity. SpaceX will need to win more in FCC auctions or find other paths to scale a nationwide network beyond rural and suburban coverage.SpaceX also needs to build customer-facing infrastructure it does not have. Billing systems, retail channels, customer service operations, and device compatibility are all required before the company can take subscribers away from established carriers. The V2 satellite launches in 2027, the first consumer pricing announcement, and early customer numbers are the milestones that will show whether the plan can move from ambition to reality.Related: Verizon hits a snag in attracting customers to a key service

Where to eat in London now: the best restaurants to book this month, from spectacular hotel breakfasts to tasting menus, tapas and summer courtyards.

Solar overtook wind in global electricity generation in 2025 as renewables surged, but rising global energy demand still prevented fossil fuel consumption from declining.

The bearish case against SpaceX keeps finding new voices. I’ve now tracked short theses from Doug Kass, warnings from the former Nasdaq CEO, my colleague’s piece on Michael Burry walking away from the trade, and Jim Cramer urging patience before the lockup expiration. Now add Peter Andersen of Boston-based Andersen Capital Management to that list.Andersen has managed money across separate accounts, mutual funds, and world asset classes since 1993. He isn’t just skeptical of SpaceX (SPCX). He’s actively shorting it. And when asked whether a Tesla-SpaceX merger would change his mind, his answer was immediate and unambiguous.I actually think that that’s even a more confusing situation.Andersen continued to say in a recent CNBC interview. “I don’t think that would be a solution.”That’s a pointed rebuttal to one of the most widely discussed potential catalysts for both stocks. And given everything that’s happened since SpaceX’s June IPO, it’s worth understanding exactly why.Also Read: SpaceX Latest News and StoriesWhy Andersen thinks a Tesla-SpaceX merger makes things worse, not betterThe merger speculation has been building since SpaceX’s blockbuster June IPO. On Tesla’s (TSLA) recent earnings call, an analyst asked Elon Musk directly whether combining the companies made sense. “We can’t talk about combining companies on an earnings call,” Musk replied, according to Investopedia, before listing several areas where the businesses already collaborate, including the Terafab chip manufacturing facility and Starlink integration with Cybercabs.More SpaceX:Elon Musk’s startling claim to SpaceX investorsCiti sends powerful sign to SpaceX investorsBeaten-down stock lets you buy SpaceX below market priceAndersen’s objection wasn’t about synergies, but about analytical complexity. SpaceX already operates three distinct segments — Starlink connectivity, rocket launches, and artificial intelligence (AI) infrastructure — that are genuinely difficult to model and value independently. Adding Tesla’s electric vehicles, energy storage, Optimus robotics, and a massive China manufacturing operation into the same corporate structure doesn’t simplify that picture. We end up with several variables.”It makes it even geometrically more complicated,” Andersen said. “From a conceptual basis and for when you’re looking at the risk.”Related: AMD Stock tumbles because of SpaceXThe regulatory dimension is also another layer to crack. SpaceX is a sensitive U.S. defense contractor. Tesla has deep manufacturing ties to China, including its massive Shanghai facility. I think merging a critical U.S. defense supplier with a company heavily dependent on Chinese manufacturing would face serious national security scrutiny. Musk has publicly downplayed reports of selling the China business, but the speculation hasn’t disappeared.I think Andersen is right that a merger announcement would likely trigger more uncertainty than relief in the near term. Markets tend to punish complexity, not reward it. Especially when the base business hasn’t yet proven itself as a strong public company.What SpaceX’s first earnings report actually revealedSpaceX delivered a revenue beat in its inaugural quarterly report on Aug. 4, posting $7.8 billion in revenue, up 92% year-over-year (YoY) and above Wall Street estimates of roughly $6.8 billion, according to TheStreet.Net loss narrowed dramatically to $541 million from $1 billion in the prior year period. Adjusted EBITDA jumped 191% YoY to $3.5 billion.Yes. Those are genuinely strong numbers. But the market sold the stock anyway, and Andersen’s short thesis explains why.Related: Bank of America doubles down on SpaceX after earningsCapital expenditure for the second quarter read $18.4 billion, with $15.8 billion directed toward AI-related investments, up from $2.8 billion in the same period a year earlier. Total capital expenditure for the first half of 2026 reached $28.5 billion, according to SpaceX’s earnings report. For a company still generating net losses at the consolidated level, that cash burn rate demands extraordinary confidence in future AI revenue — confidence Andersen doesn’t share at current valuations.”At the IPO, the price-to-sales was very, very high,” Andersen said. “Now it’s come down. It’s still high, but relatively speaking, I think it’s about 50 times; that is a very high valuation for a company like this.”Related: JPMorgan resets SpaceX price target after earningsMy previous coverage at TheStreet showed that SpaceX debuted at $135 on June 12, surged to an all-time high of $225.64 by June 16, then fell more than 50% before recovering slightly after the earnings period. The AI segment did generate $2.6 billion in revenue in Q2, according to SpaceX’s earnings report.But Andersen isn’t convinced the segment is insulated from competition. “The AI segment is competing against many other well-known chatbots,” he said. “I would call it a horse race, frankly.”

SpaceX delivered a revenue beat in its inaugural quarterly report on Aug. 4, posting $7.8 billion in revenue, up 92% year-over-year (YoY).Brendan Hoffman/Bloomberg via Getty Images

The one scenario that could change Andersen’s mind, and when SPCX becomes interestingShort sellers rarely admit the conditions under which they’d cover. Andersen did. When asked what would make him more constructive on SpaceX, he pointed to meaningful valuation compression, Starship progress, and continued Starlink free cash flow generation. He also floated an extreme but analytically logical scenario: that Starlink could eventually be spun off as the only profitable entity within the three-segment structure. On valuation, he suggested a price-to-sales ratio around 25 times (roughly half the current level) would bring more rational institutional attention to the stock.Related: Jim Cramer sees the writing on the wall for SpaceX investorsAs for sub-$100 as a potential buying opportunity for long-term investors? “For those willing to go into it with a very sober view of the risk involved,” he said, it could pass muster for the most aggressive portion of a portfolio.Tesla shares are down 26.94% year-to-date, according to Yahoo Finance data as of this report. The S&P 500 has returned 13.32% over the same period. Both Tesla and SpaceX stocks are carrying the weight of merger speculation, Musk attention risk, and a market still trying to figure out how to price a company that lost $41.3 billion in its first two decades of existence.In a few words, the story is real, yes, but the valuation is not. Until those two things get closer together, Andersen suggests that you should stay short.Related: SpaceX’s own ambitions just became Rocket Lab’s opportunity

Revenue has fallen four quarters running while open interest hit a record high. The gap is a fee-sharing program that hands half the platform’s volume to outside builders.

The tobacco industry didn’t lose in one courtroom. It lost in dozens of them, over decades, until the cumulative weight became impossible to carry. The lawsuits started as fringe legal theories. Then they became precedents. Then they became settlements worth hundreds of billions of dollars that reshaped an entire industry.Social media companies are somewhere in the middle of that same arc right now. On August 6, a New Mexico judge ordered Meta to pay $567 million into a fund set up to repair harm to the state’s children. It is the largest single ruling yet in a legal campaign that has been building for years and is starting to produce verdicts that actually stick.Meta, Instagram and YouTube child safety lawsuits explainedNew Mexico was the first state to take a major technology company to trial over child safety claims and win, according to the New Mexico state Department of Justice. The broader legal campaign started well before August 6. In December 2023, New Mexico Attorney General Raúl Torrez filed suit after his office ran an undercover investigation. Investigators created a fake profile posing as a 13-year-old girl. Torrez told CNBC the account “was simply inundated with images and targeted solicitations” from child abusers.More Meta:Meta sent a warning to its glasses prankstersMeta layoffs take disturbing turn in new lawsuitMeta business model in trouble from $1.4 trillion lawsuitOn March 24, a Santa Fe jury ordered Meta to pay $375 million in civil penalties after finding 37,500 violations of New Mexico’s Unfair Practices Act. The following day, March 25, a California jury found both Meta and YouTube negligent for designing apps that harmed children and teens. The jury awarded $6 million in a case designated as a bellwether for thousands of similar lawsuits nationwide. Meta was found 70% responsible and YouTube 30%, with Meta ordered to pay $4.2 million and YouTube $1.8 million. It marked the first time juries found social media platforms liable for deliberately addictive design choices that harmed young users, according to Fortune.In May, Kentucky’s Breathitt County School District secured approximately $27 million in settlements from multiple social media platforms over allegations their apps contributed to student mental health problems. In July, TikTok reached a confidential settlement with a man who said he became addicted to the platform as a child, just weeks before a second bellwether trial in the California social media addiction litigation was set to begin.What the $567 million ruling requires Meta to changeWhen New Mexico First Judicial District Chief Judge Bryan Biedscheid made his $567 million order on August 6 he closed the second phase of the public nuisance case. The bulk of the fund, $420 million, goes toward treatment services. The rest covers prevention programs, screening, and five years of compliance monitoring.The judge’s framing was unusually direct. “The court considers Meta’s platforms to be analogous to the factory, the advertising and other content displayed on those platforms to be what is produced by the factory, and the psychological harm to and sexual exploitation of children to be the pollution that must be abated,” he wrote, according to the Washington Post.Beyond the money, the order requires Meta to improve age assurance tools using AI and to attempt to develop a dedicated under-13 age-prediction model within two years. The company must also make it easier to report suspected underage accounts, including partnering with schools to build a reporting portal for administrators. Meta must report on its progress twice a year.The judge stopped short of ordering algorithm changes, writing that doing so could conflict with Section 230 and First Amendment protections.

Beyond the money, the order requires Meta to improve age assurance tools using AI Joe/Getty Images

Meta’s total child safety legal exposure in 2026Between the two phases of the New Mexico case alone, Meta now faces nearly $942 million in financial exposure from a single state. Meta’s own Q2 financial filing disclosed the broader stakes: “The New Mexico Attorney General has indicated that they intend to seek up to $62.85 billion in penalties in this case.” The same filing acknowledged that “expert testimony supports a causal link between social media and the youth mental health crisis in New Mexico.”Meta is also preparing for a federal trial in Oakland, California, where it will face four states in a multidistrict lawsuit filed in 2023. Combined claims in that case exceed $1 trillion, according to court filings. More than 40 state attorneys general and more than 1,300 school districts have suits pending against social media companies.Meta has been lobbying Congress for liability protections through the Kids Online Safety Act, spending $7.08 million on federal lobbying in the first quarter of 2026 and $5.99 million in Q2.Meta says it plans to appeal the August 6 ruling and “remains confident in our record of protecting teens online.” Wall Street has largely shrugged at each individual verdict, treating the sums as manageable for a company valued near $1.5 trillion. Whether that holds as more states reach verdicts is the question the rest of this year will start answering, as TheStreet reported.Why the number of Meta and social media teen mental health lawsuits keeps growingTorrez called the August 6 decision “a blueprint for other states and countries.” Legal scholar Eric Goldman of Santa Clara University’s High Tech Law Institute said a public-nuisance theory succeeding against an internet company at all marks “a remarkable outcome.” The California bellwether verdict reinforces that framing. Cases designated as bellwethers are meant to signal how thousands of similar lawsuits might resolve.The tobacco parallel is worth taking seriously. That industry’s reckoning didn’t arrive from one state or one verdict. It arrived when enough states had produced enough rulings that the legal costs became impossible to absorb without fundamental changes to how the companies operated. Social media companies are not there yet. But August 6 moved them closer.Related: Mark Zuckerberg sends a strong message to Meta stock investors