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FOUND: 16 | Mind Blowing Facts

Meta meets its own 'tobacco' moment in court

OAKLAND (UNITED STATES) - With billions of users around the world, Meta has prepared to defend itself against allegations of harming children in a new trial in the United States this week, which experts describe as social media's big tobacco moment.

Bangkok Post

'Big Tobacco' moment?: Meta faces $1.4 trillion lawsuit over harm to children

Jury selection begins Wednesday in a lawsuit filed by the US states of California, Colorado, Kentucky and New Jersey alleging that Meta uses technology to make Facebook and Instagram addictive for children. The states are demanding changes to Meta's apps in addition to financial penalties as high as $1.4 trillion…

France 24

Zuckerberg Says No Single Company Should Own Superintelligence — Including His Own

Zuckerberg's new essay pledges AI power for everyone, not elites. We fact-checked the claims, numbers and pushback, with sources linked throughout.

Latin Times

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Nebius Earnings Preview: Michael Burry Is Short but Prediction Markets See Nvidia, Meta Taking Center Stage

Michael Burry is short Nebius Group N.V. (NASDAQ:NBIS) at $211.77, describing his latest bearish bets as “a bit like shooting fish in a barrel.”

Benzinga

Nvidia’s Best Customers Have a Reason to Stop Buying So Many Nvidia Chips

Nvidia’s biggest customers are buying more of its chips while spending billions to reduce their dependence, creating a new risk for Nvidia

Barchart

Ahead of Nebius Earnings, Here's What Barchart Data Says Comes Next for NBIS Stock

Nebius is scheduled to report its Q2 earnings on Aug. 12. Here’s why options traders are recommending buying NBIS shares heading into the quarterly print.

Barchart

Early Access: Meta's Neural Band just got cooler with neural handwriting for Ray-Ban Display

Meta is rolling out its long-awaited neural handwriting feature in Early Access for Ray-Ban Display users.

Android Central

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A social media ban for Canadian kids sounds simple, but Bill C-34 has major limitations

Introduced in June 2026 by Canadian Culture Minister Marc Miller, Bill C-34 would ban social media for users under 16.

The Conversation

Zuckerberg Wants AI for All — This CEO Says Open Models Are Making It Real

Mark Zuckerberg wants to put superintelligence in the hands of billions of people.

Benzinga

CoreWeave Earnings Prediction Market Preview: What Will the AI Cloud Company Say About Nvidia and Anthropic?

CoreWeave, Inc. (NASDAQ:CRWV) reports second-quarter earnings after the close today, with the call at 5 p.m. ET.

Benzinga

Mark Zuckerberg's rambling AI manifesto is 6,434 words of high-handed platitudes and dubious conclusions

Tell us what you really think. No actually, don't.

PC Gamer

I read Mark Zuckerberg’s AI manifesto, so you don’t have to — here are the 5 biggest takeaways

After reading Zuckerberg’s 6,500-word AI manifesto, here are the five key points everyone should take away.

Tom’s Guide

Nvidia Unveils New Open-Source AI Model. CEO Jensen Huang Says Free AI Means More Chip Demand.

Chip giant Nvidia introduced Nemotron 3.5 Lightning, a "lightweight" open-source AI model that companies can download, modify and use without paying Nvidia or seeking permission.

International Business Times

EU coordinates fact-checkers with Meta and TikTok to avoid another online-fuelled Ceuta crisis

EU coordinates with Meta and TikTok via a voluntary fact-checker mechanism to curb disinformation, after false claims fuelled deadly mass crossings into Ceuta.

Euronews

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Barchart

Why Oklo's First-Ever Revenue Is Not Enough to Stop OKLO Stock's Decline

The company also revealed that its nuclear facility in Texas reached criticality.

International Business Times

Social Media Companies Face a Potential Legal Reckoning As Thousands Of Lawsuits Are Set To Move Forward

A federal appeals court ruled that thousands of lawsuits filed against Meta and other social media companies for being addictive can move forward.

International Business Times

The AI Boom Is Making Memory Chips Much More Expensive, Impacting Laptop And Smartphone Prices

Surging AI demand is driving up memory chip prices and squeezing supplies available to consumer electronics makers. Morgan Stanley expects the crunch to push PC and smartphone inflation significantly higher.

International Business Times UK

Nvidia Triggers Trillion-Dollar Bubble Fears After Wall Street Hands Firm Five-Hundred Billion

Nvidia collaborates with top financial firms to mobilise $500bn for AI infrastructure, aiming to transform AI computing into a sustainable asset.

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Metal Hammer

Bulgarian media stir up “Satanic black metal” fears as murder suspects wear heavy metal t-shirts in court

Four teenagers accused of murdering a 37-year-old man in Plovdiv sported Powerwolf, Mayhem, Pantera and Sepultura merch at their hearing last week

MarketBeat

Meta’s Muse Glimmer Release Reframes Its AI Spending Bet

Meta released the open-weight Muse Glimmer AI model as its stock trades near a 52-week low amid heavy capex spending, strong ad revenue growth, and an ongoing multistate antitrust trial.

International Business Times UK

'Keep Your Word': Bernie Sanders Urges OpenAI, Meta, and Anthropic to Pause AI Development

Senator Bernie Sanders urges OpenAI, Anthropic, and Meta to halt AI development, warning of risks and calling for safety commitments. He hints at Senate intervention if ignored.

International Business Times UK

Federal Court Rejects Meta and TikTok Immunity, Big Techs To Face Over 3,000 Youth Addiction Lawsuits

The 9th Circuit Court has rejected Meta and TikTok's appeal, allowing over 3,000 lawsuits to proceed, challenging the companies' use of platform features that allegedly harm minors

The Economic Times

Meta, TikTok agree to fact check content on Spain border crossings after deadly incident

The ⁠purpose ⁠is to prevent criminal networks from enticing potential migrants to attempt to cross with false information, which has led to tragic deaths, European Union tech chief Henna ‌Virkkunen said in a post on X late on Monday.

The Guardian - UK

First Thing: Colombia reels after major earthquake kills at least 130

Buildings collapse and more than 470 people hurt in 7.4-magnitude quake. Plus, in such a vast universe why is there no sign of aliens?

The Guardian - US

Meta faces expensive child safety reckoning

Also: Google executives jump ship in race for AI dominance

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