Less than 1: AM Edition, August 26

This morning on Less than 1: Meta reaches a $17 billion settlement over youth mental health harms, and California lawmakers advance a parole reform bill amid sex offender release concerns. Also: the Trump administration proposes letting billion-dollar businesses qualify as "small," states file a fresh challenge to Trump's mail-in voting restrictions, and a federal appeals court rules Trump cannot impose conditions on transportation and homelessness grants.

Stories mentioned in this episode:

Meta reaches $17B settlement over youth mental health harms
https://dailyjournal.com/articles/393936-meta-reaches-17b-settlement-over-youth-mental-health-harms

(The New York Times) Trump administration wants billion-dollar businesses to qualify as 'small'
https://www.nytimes.com/2026/08/26/business/economy/trump-small-business-administration.htm

(The New York Times) States file fresh challenge to Trump's mail-in voting restrictions
https://www.nytimes.com/2026/08/26/us/politics/states-lawsuit-mail-ballot-order.html

(Reuters) Trump cannot impose conditions on transportation, homelessness grants, US appeals court rules
https://www.reuters.com/legal/government/trump-cannot-impose-conditions-transportation-homelessness-grants-us-appeals-2026-08-25/