Micron announced the appointment of Manish Bhatia as president and chief operating officer, as well as Scott DeBoer as president and chief technology and products officer. Sumit Sadana is moving from executive vice president and chief business officer to a new role as senior advisor to the CEO. Meanwhile, Meta Platforms reached a settlement with 52 state and U.S. territory attorneys general over social media addiction cases. According to Piper Sandler analysts, the new protections for teens and stronger parental controls will impact roughly 0.5% of Meta’s global users. The revenue impact is expected to be even smaller, as users under 18 are less monetizable.
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