Nepal Death Toll Rises; Meta Settlement

Nepal is seeking international help to cope with the aftermath of catastrophic flash floods that have left nearly 3,000 people missing along the mountainous border with China. At least 626 people have been confirmed dead while 2,426 remain unaccounted for, including hundreds of foreigners from India, Malaysia, Australia and the US. Nepal is considering convening an international donor conference to assist with reconstruction, with the government saying it needs international assistance for rehabilitation and reconstruction due to the significant scale of devastation.

Also this weekend, a flood of lawsuits against social media giants claim that the companies are causing serious harm to young users by engineering their platforms to be hard to resist. Meta agreed to pay as much as $18 billion to resolve claims by state attorneys general over social media safety and privacy, and will also put new guardrails on its platforms.

On today's show, Bloomberg This Weekend hosts Christina Ruffini and Bailey Lipschultz speak with:

- Dan Strumpf, Bloomberg Senior Reporter, on the rescue and recovery operations in Nepal after a glacial collapse triggered catastrophic flooding.

- Beeban Kidron, UK House of Lords National Security Strategy Committee Member, on the new protections for young users included in Meta's child safety settlement.

- Bloomberg News Africa Senior Reporter Antony Sguazzin on the $700 cash grants transforming lives in Malawi.

- Content Creator Macy Gilliam what it truly takes to make clothing from scratch.

Plus, Christina, Bailey, and Nathan Hager discuss the stories you might have missed this week on BTW.

For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.

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