Snapchat Investigated in Europe Over Child Safety Policies
Regulators in Brussels accused the social media platform of maintaining a weak age-verification system, and steering younger users toward inappropriate experiences. Source: Original News
Category: Technology
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Shield AI, a Start-Up Making Military Drones, Raises $2 Billion
The company, which develops autonomous military technology, also plans to buy a maker of simulation software as interest in next-generation defense soars. Source: Original News
Juries Take the Lead in the Push for Child Online Safety
A pair of verdicts held social media companies accountable for harming young users, highlighting a growing backlash as Congress struggles to pass legislation. Source: Original News
Leon Radvinsky, 43, Dies; Built the Adult-Entertainment Giant OnlyFans
By leveraging social media and the influencer economy, he turned his website into a byword for online pornography in the 21st century. Source: Original News
Meta Lays Off 700 Employees, While Rewarding Top Executives
The jobs cuts and a new stock program for executives come as Meta continues to shift its focus to artificial intelligence. Source: Original News
Meta and YouTube Found Negligent in Landmark Social Media Addiction Trial
A jury found the companies harmed a young user with design features that were addictive and led to her mental health distress. Source: Original News
Meta Ordered to Pay $375 Million Over Child Safety Violations
In one of the company’s first major losses, New Mexico jurors found that it had misled consumers about the safety of its platforms, enabling sexual exploitation of young users. Source: Original News
OpenAI Is Shutting Down Sora, Its A.I. Video Generator
The start-up said it would discontinue Sora just three months after signing a multiyear deal to bring Disney characters to the service. Source: Original News
Epic Games Lays Off Over 1,000 Employees, Citing Fortnite Slump
The cut represents about 20 percent of the video game company’s work force, a spokeswoman said. Source: Original News
Arm Holdings, in Break From Past, Will Sell Its Own Computer Chips
For years, the company sold chip designs to other companies. Now it plans to sell its own chips for A.I. data centers. Source: Original News