Business
✈️ $96B ✈️
Max Knoblauch

Boeing shares are ticking up Wednesday after the White House announced that the plane maker had struck a massive deal with Qatar Airways. According to a White House fact sheet, Qatar Airways (the state-owned airline of Qatar) will purchase up to 210 planes from Boeing in a $96 billion agreement.

“This is Boeing’s largest-ever widebody order and largest-ever 787 order,” the White House’s statement reads.

The order marks Boeing’s second major deal of the past few days. Last week, Commerce Secretary Howard Lutnick announced that a UK airline (which turned out to be IAG) would purchase $10 billion worth of Boeing planes.

Not included in the Qatar economic deals: the $400 million jet from the Qatari royal family that President Trump has said he plans to use as Air Force One. That plane, which Qatar says is still under review, would be one of the largest foreign gifts ever received by the US. The president reportedly plans to transfer ownership of the jet to his museum foundation following his presidency.

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Smartphones are 12% cheaper than last year, according to the latest inflation data... except they’re not

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Texas sues Netflix, accusing streamer of spying on children and collecting user data without consent

The state of Texas filed a lawsuit Monday against streaming giant Netflix, alleging that the company has built a “behavioral-surveillance program of staggering scale.”

The suit alleges that Netflix is “deceptively designed” to be addictive, using features like autoplay to get viewers hooked, “mining those users for data, and then converting that data into lucrative intelligence for global advertising juggernauts.”

“When you watch Netflix, Netflix watches you,” the lawsuit reads.

“This lawsuit lacks merit and is based on inaccurate and distorted information,” Netflix said in a statement to Sherwood News. “Netflix takes our members’ privacy seriously and complies with privacy and data‑protection laws everywhere we operate.”

Texas is seeking civil penalties of “up to $10,000 per violation” of the Texas Deceptive Trade Practices-Consumer Protection Act, along with an additional penalty of up to $250,000 per violation involving a consumer aged 65 or older.

“Netflix is not the ad-free and kid-friendly platform it claims to be. Instead, it has misled consumers while exploiting their private data to make billions,” said Texas Attor­ney Gen­er­al Ken Pax­ton in the press release announcing the lawsuit.

Netflix did not immediately respond to a request for comment.

Attorney General Ken Paxton Sues Netflix for Spying on Texas Kids and Consumers by Illegally Collecting Users’ Data Without Their Knowledge or Consent

Attorney General Ken Paxton Sues Netflix for Spying on Texas Kids and Consumers by Illegally Collecting Users’ Data Without Their Knowledge or Consent

“This lawsuit lacks merit and is based on inaccurate and distorted information,” Netflix said in a statement to Sherwood News. “Netflix takes our members’ privacy seriously and complies with privacy and data‑protection laws everywhere we operate.”

Texas is seeking civil penalties of “up to $10,000 per violation” of the Texas Deceptive Trade Practices-Consumer Protection Act, along with an additional penalty of up to $250,000 per violation involving a consumer aged 65 or older.

“Netflix is not the ad-free and kid-friendly platform it claims to be. Instead, it has misled consumers while exploiting their private data to make billions,” said Texas Attor­ney Gen­er­al Ken Pax­ton in the press release announcing the lawsuit.

Netflix did not immediately respond to a request for comment.

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