AGP Executive Report
Last update: 2 hours agoMeta Teen-Safety Settlement: Meta agreed to pay up to about $18B in a landmark deal with 47 states (New Mexico already won at trial; Florida opted out), while tightening Instagram/Facebook defaults for minors—most notably a two-hour daily limit, midnight-to-6 a.m. blocks, stronger age estimates, and limits on features like like counts. Local Housing & Courts: New Mexico lawmakers heard testimony that some landlords use dishonest or possibly illegal tactics amid steep rent growth and a fast eviction timeline, raising pressure for reforms. Bernalillo Energy Deal: The county approved $1.2B in industrial revenue bonds for a DESRI solar-plus-battery project on the West Side, targeting roughly 400 MW solar and 400 MW storage with operations planned for early 2028. Albuquerque Tobacco Lawsuit: The city sued major tobacco companies over cigarette butt litter, seeking to recoup cleanup costs. Digital Equity Update: NTIA approved all 56 BEAD final broadband proposals, aiming to speed deployment and close the digital divide. Southwest Business: GECU won regulatory approval to acquire Roswell-based Bank of the Southwest, expanding its New Mexico footprint. Health Funding: The state’s Rural Health Care Delivery Fund is sending $50M statewide, including $800,000 to Border Area Mental Health Services in southwest New Mexico.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
