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🔍Scoops Spotlight

Breaking down the latest news impacting your life, business, and money.

Hey friends - hard to say if it was a quieter week or if it’s all starting to blur together. Ordered two personal pan sized cinnamon buns from a place in the West Village, so that’s my weekend plan.

Welcome back to the weekly Scoops Spotlight, where we’ll serve up a little summary of the most important business and money news of the week with the company scoops that got the most community reactions.

🌎 The Big Picture

The story of the week is really the whipsawing reactions to the war with Iran. There’s some progress in the housing market for anyone looking to buy.

The stock market slumped on Thursday as investors grew worried about how the war in Iran is driving up oil prices and making everyday goods more expensive. The broad S&P 500 index lost 1.5% and closed at its lowest point of the year.

Investors are particularly rattled by soaring oil costs linked to Iran’s efforts to disrupt global shipments through the Persian Gulf. Attacks on tankers and messages from Iran’s new Supreme Leader kept companies from shipping anything through the Strait of Hormuz, the waterway next to Iran that typically carries a fifth of the world’s oil supply.

Despite the US and other governments pledging hundreds of millions of barrels from their oil reserves, oil prices surged almost 10% in a single day.

The White House has promised a swift end to the conflict, but investors are starting to raise questions as to whether the military dominance of the US and Israel will be enough to reopen oil supply lanes. Investors may see more volatility in the market until there’s a clear path to restoring the global fuel supply.

More people are buying homes as mortgage costs fall.

The National Association of Realtors and digital real estate platform Zillow both reported a pickup in activity last month. The buying buzz has largely been driven by falling mortgage costs. The typical monthly mortgage payment is down 7.7% from a year ago, giving a median-income household roughly $30,000 more in buying power than it had twelve months ago.

The other big shift is more people putting their homes on the market after a long period of low supply. There were 5% more listings on the market in February than there were the year before. The increase in supply has slowed the rise in prices. Average home values have increased by less than 1% in the past year. That’s not great for sellers, but it’s creating more opportunities for buyers. However, the concerns about the conflict in the Middle East have started pushing rates higher in recent weeks, which might impact the spring home shopping season.

I’ll leave you with that for this week. The company stories have me wondering where tech is headed and whether it’s a good thing.

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🏭 The Companies Everyone’s Talking About

 

Meta Platforms

Meta has humans secretly watching footage from customers' smart glasses.
 

Meta's Ray-Ban smart glasses are sending users' private footage to human contractors overseas. A joint investigation by two Swedish newspapers found that workers at a Kenya-based company called Sama are reviewing the footage, including deeply personal content that users almost certainly never intended to share.

Contractors reported seeing credit card numbers, text messages, people using bathrooms, and explicit footage, all sent with limited filtering to their workstations for AI training purposes.

Meta says content is filtered before human review to protect privacy, but contractors told the Swedish papers the filtering sometimes fails and faces remain visible.

The tech giant sold more than 7 million pairs of the smart glasses in 2025.

Live Nation

Live Nation avoided a forced breakup with Ticketmaster.


 

Live Nation found a way to avoid going to court over its alleged ticket monopoly with Ticketmaster. The Justice Department reached a settlement with Live Nation one week into the antitrust trial, allowing the event giant to dodge any court rulings that could have reversed its 2010 merger with Ticketmaster.

The agreement forces Live Nation venues to cap service fees at 15% of face value, open venues to competing promoters, divest 13 exclusive booking agreements with amphitheaters, and pay $280 million in damages to states on behalf of consumers.

The settlement still requires court approval, and more than two dozen bipartisan state attorneys general are trying to block it, arguing the settlement fails to address Live Nation's monopoly power and shortchanges consumers

Alphabet Inc

Google is building its first data center powered entirely by clean energy.


 

Google is building its first Minnesota data center, powered entirely by clean energy. Most data centers drive up local electricity bills and strain power grids. To get its new data center approved, Google is proposing a different approach, covering all infrastructure costs itself, so existing customers of local utility won't pay more.

To power the site, Google is funding nearly 2,000 megawatts of new wind, solar, and battery storage, including what will be the largest battery ever announced globally by capacity.

The tech giant has set ambitious goals to operate its entire business, including data centers and offices, 24/7, without creating carbon pollution on every grid where it operates by 2030

Toyota Motors

Toyota is recalling more than 550,000 Highlander SUVs.


 

The world's largest automaker is recalling half a million SUVs in the US over safety issues. Over 550,000 Toyota Highlander and Highlander Hybrid SUVs, from model years 2021 through 2024, have second-row seat backs that may fail to lock into position after adjustment, leaving passengers improperly restrained in a crash.

According to the National Highway Traffic Safety Administration (NHTSA), Toyota recalled more than 3 million vehicles in 2025, the second most of any automaker. No injuries or crashes related to the defect have been reported for this one. Dealers will provide repairs at no cost to owners.

T-Mobile US

T-Mobile countersued Verizon this week over a "bait-and-switch" advertising campaign.


 

T-Mobile countersued Verizon this week. The suit accuses its rival of running a "bait-and-switch" ad campaign that lures customers with savings promises it cannot deliver. The lawsuit follows Verizon's February suit against T-Mobile over exaggerated claims about how much customers would save by switching carriers. Both companies are now suing each other for triple damages and an end to the challenged ads.

According to December 31 financial reports, Verizon leads the US wireless market with 146.9 million subscribers, narrowly ahead of T-Mobile's 142.4 million.

âť” The Big Question of the Week

Should companies be allowed to use your data about your behavior on their platforms however they want?

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Scoops app users: We have taken the beta app offline for a short period for some major updates. Can’t wait to show you all what we’ve been working on! Reach out if you have any questions.

We’re going to switch up the content in this spotlight for a bit to make sure you all have the info you need to master your week.

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