Tell us what you think about the new Instagram wordmark The social media platform's new look is proving divisive. Creative Bloq · Aug 18
‘Message has gone home’: Govt presses Meta on CSAM, WhatsApp username row Government's firm stance on child sexual abuse material prompts Meta's increased action. Discussions focus on algorithm adjustments and ensuring Indian laws are followed. The WhatsApp username row is under examination, affecting multiple messaging applications. Nations like Australia, the UK, and France share concerns over social media harms. Synthetically generated content… The Economic Times · Aug 18
SC issues notice to Centre on PIL for restraining police from revealing identity of accused online The Supreme Court has sought responses from the Centre and states. Social media platforms Meta and X were also issued notices regarding the PIL. The petition seeks to prevent police from posting dehumanizing content of accused individuals. It also asks for guidelines to regulate police social media usage. The court… The Economic Times · Aug 18
US states accuse Meta of covering up research on teen social media addiction in pivotal trial State attorneys general claim tech company intentionally designed addictive products that harm young people The Guardian - US · Aug 18
Major Meta trial begins as lawyers spar over witnesses, damages Facebook-parent Meta will defend itself in a landmark social media trial that begins Tuesday in California, where attorneys have sparred over witnesses and financial penalties. Dozens of US states sued four major tobacco companies for downplaying the harmful health impacts of their products, and won a 1998 landmark settlement that… The Economic Times · Aug 18
A look at major lawsuits against Meta, other social media companies over harms to kids In a federal trial beginning Tuesday in Oakland, California, the Instagram and Facebook parent company is fighting claims that it has contributed to the youth mental health crisis by deliberately designing features that get children addicted. The Economic Times · Aug 18
Facebook and Instagram could change forever as Zuckerberg faces his day in court A huge Meta trial is starting Tuesday in a California federal court The Independent UK · Aug 18
New Mexico's attorney general reportedly pushes new social media safety laws a day before 29 AGs testify against Meta in federal trial Raul Torrez, New Mexico’s attorney general, is drafting two bills as a separate 29-state trial over child safety opens in Oakland tomorrow. Fortune · Aug 17
Meta might be on the hook for $1.4 trillion if it loses a landmark lawsuit and that would truly mark the end of social media as we know it Meta and Mark Zuckerberg are about to face their toughest trial yet. How the huge State AG's lawsuit could force Meta to make some difficult decisions. TechRadar · Aug 17
Meta files patent for AI facial recognition glasses that identify people around you and record automatically Meta has patented AI glasses that could recognize your friends, detect when they laugh and decide which moments are worth saving. Tom’s Guide · Aug 17
Bill Ackman Bets Big on Magnificent 7 Stocks, But Only Loves 3 of Them Bill Ackman and Pershing Square Capital (NYSE:PS) have unveiled their portfolio for the second quarter, which includes several new stocks added. The quarter also included major changes to Ackman’s growing bets on the Magnificent Seven stocks. Benzinga · Aug 17
Meta Takes a Major New Approach to AI. What It Means for Investors. Meta is betting that open-source AI and on-device models can give it an edge in the AI race. Barchart · Aug 17
David Tepper Cuts Micron Stake, Exits SanDisk as Appaloosa Goes Big on These Magnificent 7 Stocks in Q2 David Tepper’s Appaloosa Management shifted heavily toward megacap tech stocks in Q2 while trimming or exiting once-hot memory chip investments. Benzinga · Aug 17
Creative Bloq · Aug 17 Instagram's new brand identity is more than just a wordmark The platform's new look is designed to "flex and grow".
The Independent UK · Aug 17 Latest on Meta’s child safety trial as costs could reach $1trillion IN FULL
The Guardian - US · Aug 17 New Mexico’s attorney general pushes new social media safety laws after $900m court victory over Meta Exclusive: Raúl Torrez is drafting two bills with state lawmakers to bolster consumer protections and child safety online, building on state’s landmark case against Meta
Benzinga · Aug 17 Alibaba’s AI Pivot Deepens, Plans to Offload Gaming Business For at Least $1.5 Billion: Report Alibaba Group Holding Ltd. ADR (NYSE:BABA) is reportedly offloading its gaming unit, Lingxi Games, to Asian private-equity firm Trustar Capital in a bid to bolster its focus on artificial intelligence (AI).
International Business Times UK · Aug 17 69-Year-Old AI Protester Jailed After Blocking OpenAI HQ: Supporters Call Her the 'Rosa Parks of AI' Retired teacher Wynd Kaufmyn's arrest during an anti-AI protest at OpenAI's headquarters has ignited a global debate on AI safety, civil disobedience, and the future of artificial intelligence.
Benzinga · Aug 17 Justin Wolfers Says AI Won't Kill Your Job — but It Will Change What It's Worth: 'Lab-Grown Diamonds Didn't Abolish Diamonds Economist Justin Wolfers said the artificial intelligence shock to labor markets may resemble what happened to diamonds once lab-grown alternatives hit the market, not eliminating jobs entirely but sharply reducing the worth of certain tasks.
International Business Times UK · Aug 17 Meta's AI Glasses Are Selling Millions But Critics Warn They Could Become a Privacy Nightmare Meta's AI smart glasses, a collaboration with Ray-Ban and Oakley, blend fashion with technology, raising privacy concerns despite their popularity and celebrity endorsements.
The Independent UK · Aug 17 Meta child safety trial could cost Zuckerberg’s firm $1.4 trillion – here’s what to know Of the thousands of lawsuits Meta faces over child safety on its platforms, none may be more consequential than one going to trial this week in California
Tom’s Hardware · Aug 16 Maker compresses a 2.9MB song by 1000x and prints it on paper as eight QR codes — 21KB song is two minutes long, requires a neural network for playback The open-source codec Meta released in 2022 converts a waveform into discrete tokens that a matching decoder turns back into audio.
MarketBeat · Aug 16 Meta and Tesla Are Rebounding From Oversold Levels—Now What? Meta Platforms and Tesla show improving RSI readings after recent selloffs, with both Magnificent Seven stocks facing earnings volatility but analysts still forecasting double-digit upside ahead.
Benzinga · Aug 16 PayPal's Stripe Talks, Anthropic's $200 Billion Bet and More: This Week In Tech As the week wraps up, here’s a quick look at some of the top stories that made headlines.