Meta glasses banned by ‘many’ cinemas amid piracy concerns The UK Cinema Association said venues are currently looking into their policies around smart glasses. Evening Standard · Aug 20
Meta 'knew and did nothing,' whistleblower reveals in child safety trial Prosecutors have claimed that Meta was aware of the damage its platforms did to young users' mental health, but chose to hide it and keep harvesting their data. Euronews · Aug 20
Ex-Meta Worker Gave Up $1.68M in Stock, Now He's Making $369K a Year Working 20 Hours a Week Former Meta product leader Jason Shen shifted from a $1.68M stock package to a coaching business charging founders $4,000 a month. Learn about his journey, challenges, and insights. International Business Times UK · Aug 20
UK cinemas consider ban on Meta ‘pervert glasses’ over piracy and privacy concerns The UK Cinema Association is weighing restrictions on Meta glasses, which can provide accessibility features but also record videos covertly. Euronews · Aug 20
Mark Zuckerberg encouraged growth over child safety, ex-Meta executive testifies at trial Arturo Bejar, a vocal critic of Meta's safety record, made the allegation during his second day of testimony in a landmark trial over claims brought by a coalition of states that could reshape Facebook and Instagram, some of the most popular apps on the planet. The Economic Times · Aug 20
Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’ The $1.4 trillion figure may be unlikely, but the case could give states a new way to challenge how social media platforms are designed. Fortune · Aug 20
Trump allies label media bargaining code a 'shakedown' A US advocacy group allied with Donald Trump has warned a media bargaining code could result in new trade tariffs for Australia. AAP · Aug 20
Did Treasury Secretary Scott Bessent Just Save the Bond Market? Probably Not — Here’s What Traders Need to Know. Inside the Treasury Department announcement that temporarily calmed the longer end of the yield curve. Barchart · Aug 19
Some of Meta's safety tools were 'designed to fail': witness OAKLAND (UNITED STATES) - A former employee testified on Wednesday that some of Meta's safety tools for Facebook and Instagram were "designed to fail," contradicting the company's defense strategy in a landmark trial in California. Bangkok Post · Aug 19
Ex-Meta executive says ‘don’t ask, don’t tell’ policy put profit over child safety Arturo Bejar, a prominent critic of the company, made the statement during his second day of testimony The Independent UK · Aug 19
Former Meta engineer says Instagram took a 'don't ask, don't tell' approach on kids under 13 A former engineering director at Meta who has testified before Congress about child safety on Instagram told jurors at a landmark trial that the company took a “don’t ask, don’t tell” approach on kids under 13 on its platforms The Independent UK · Aug 19
Over half of Americans are concerned about AI in daily life — with tech leaders and AI gurus desperately trying to calm the number one fear There's little to reduce Americans' concerns about AI, with many fearing it will replace human jobs over the next 20 years. TechRadar · Aug 19
Meta Stock Climbs as Landmark Trial Threatens $1.4 Trillion Penalties Meta Platforms, Inc (NASDAQ:META) stock gained over 1% on Wednesday as traders balance mounting legal risks against a broadly constructive tape, with the S&P 500 up 0.4% and the Communication Services sector gaining 1.1%. Benzinga · Aug 19
Zuckerberg lied about concern for child safety, Meta whistleblower testifies at landmark trial Arturo Béjar, former Meta safety engineer, tells jury tech company was aware of products’ potential harm to children The Guardian - US · Aug 19
The Economic Times · Aug 19 Former Meta engineer resumes testimony in landmark trial over social media's harm to young users Arturo Bejar, who worked at Meta from 2009 to 2015 before returning to the company as an independent contractor from 2019 to 2021, is the first witness in a landmark trial over claims brought by a coalition of states accusing the company of designing its platforms to addict young users.…
Medical Daily · Aug 19 States Accuse Meta of Designing Instagram to Addict Children as Trial Begins Four states opened their case against Meta in Oakland federal court, alleging Facebook and Instagram were designed to addict minors.
The Guardian - US · Aug 19 Will AI give you the job? Automated hiring tools spark discrimination and secrecy lawsuits A rise in lawsuits over AI use in employment decisions is raising questions about how companies hire and fire
International Business Times UK · Aug 19 Meta Under Fire After Whistleblower Claims 100 Times More Teens Saw Graphic Content Than Company Reported Former Meta insider Arturo Béjar has alleged that teenagers experienced harmful content on Instagram at rates far higher than the company's public figures suggested.
The Independent UK · Aug 19 Landmark online child safety trial against social media giant Meta begins IN FULL
France 24 · Aug 19 Meta sued by US states for hooking and exploiting kids in pursuit of profit Meta is on trial for intentionally seeking to addict children to its Facebook and Instagram platforms in pursuit of profit, a lawyer for California said on Tuesday, at the start of a trial that could rehsape some of the most popular apps in the world.
Euronews · Aug 19 Meta collects three times more user data than Microsoft or Apple New research shows Meta's apps collect an average of 25 out of 35 possible data types, more than any other tech giant.
Fortune · Aug 19 The IRS wants to significantly increase UnitedHealth’s taxable income. Neither side will say by how much The agency wants to raise the health giant's taxable income for four straight years. Neither side will say how much is at stake.
Tom’s Guide · Aug 19 Tom's Guide to smart glasses: 13 terms you need to know Smart glasses are complicated. These are the terms you need to know to figure out what companies are talking about.
International Business Times UK · Aug 19 'The Young Ones Are the Best Ones' Memo Exposed as 29 States Launch $200 Billion Meta Child Addiction Trial Twenty-nine US states have opened a $200 billion trial accusing Meta of designing Instagram and Facebook to addict children, and they want the like button and infinite scroll removed for teens.
Benzinga · Aug 19 Gene Munster on Meta Stock Slide: Teen Safety, Social Media Addiction Woes Are Just the 'Tip of The Iceberg' Deepwater Asset Management‘s Gene Munster said Meta Platforms Inc.‘s (NASDAQ:META) mounting legal troubles over teen safety and social media addiction is minor compared to what he expects the company to face within the next year, as the stock slides amid the ongoing trial.