[Meta Agrees to Pay Up to $17 Billion in Settlement; Meta to Overhaul Facebook and Instagram] On the 26th local time, Meta, the U.S. company, reached a settlement agreement with several U.S. states, including California, in social media addiction lawsuits. Meta will pay settlements to the states that filed the lawsuits. According to a statement released by the California Attorney General's Office on the 26th, Meta agreed to pay a total of up to $17 billion in settlements to the states that filed the lawsuits over 10 years. This settlement agreement is subject to court approval. California Attorney General Rob Bonta stated that Meta also agreed to make significant changes to its social media platforms Instagram and Facebook to reduce the risk of harm to teenagers and children. These changes include setting daily default usage limits and nighttime usage limits on social media, which can only be lifted by parents; limiting push notifications during school hours and at night; no longer displaying likes on posts by teenagers and children; and strengthening the identification and removal of children under 13 from social media platforms. (CCTV Finance)

Apple CEO Tim Cook retweeted a post from Ge Yue, Managing Director of Apple Greater China. Ge Yue posted on Weibo: "Apple's event is coming soon. See you at midnight Beijing time on September 10th."

[Zinc prices rose for seven consecutive days, remaining at a more than four-year high, with ore shortages causing processing fees to fall into negative territory and supply-side risks escalating] (1) LME zinc futures rose as much as 1%, marking the seventh consecutive trading day of gains, with prices remaining near a more than four-year high, driven by concerns about tightening supply. (2) The premium of spot zinc over three-month zinc widened to $65.59, the widest level since December last year, reflecting recent signs of supply tightness. (3) Zinc ore shortages have caused smelter processing fees to fall sharply into negative territory – Fastmarkets data shows that zinc concentrate processing fees have fallen as low as -$110 per ton. Although smelters can offset some losses by selling by-products, prolonged negative processing fees will increase the risk of production cuts and may further tighten supply.