American tech company behind Snapchat
E. Jean Carroll has asked a federal judge to require Donald Trump to pay the roughly $5.8 million that a 2023 jury awarded after finding him liable for sexual abuse and defamation. Carroll's lawyers have filed for immediate disbursement after the Supreme Court declined to hear Trump's appeal; Judge Lewis Kaplan has given Trump's team until July 7 to respond.
YouTube and Meta have filed notices of appeal in a Los Angeles court after a jury found both companies' design features substantially contributed to a woman's harms and awarded $6 million. Each company has said it will pursue standard post-trial appeals; lawyers for the plaintiff have urged courts to uphold the verdict in what was a first-of-its-kind trial.
JPMorgan has restructured its AI leadership, retiring its AI chief and aligning the chief data and analytics office with Global Technology. The changes aim to integrate AI delivery into business units and sustain momentum in AI initiatives, as the bank emphasizes governance and external engagement.
Tennessee alleges Meta ignored internal research showing Instagram harmed teens, keeping features like autoplay, notifications and infinite scroll to boost ad revenue. Meta counters that it is transparent about risks and has tools to protect young users. The trial in Nashville could force changes or penalties if Meta is found liable.
The FTC, with Los Angeles County and Utah, has filed a lawsuit accusing Hims & Hers of sharing users’ sensitive health information with major online advertisers via embedded trackers, despite company assurances of privacy. The agency also alleges deceptive billing and hard-to-cancel subscriptions as part of the case.
The White House has convened a meeting with AI leaders to review a proposed cybersecurity framework for advanced models, following OpenAI's recent agent hacks and calls for greater government access. Attendees include executives from Hugging Face, Anthropic, and others; Meta and Alphabet may participate. Markets show mixed responses as investors watch the policy discussion unfold.
The 9th U.S. Circuit Court of Appeals has ruled that Meta and TikTok cannot appeal early on Section 230 immunity claims, allowing multiple lawsuits over addictive design and youth safety to proceed. Trials for state AG actions and other plaintiffs remain scheduled, with bellwether cases moving forward.
A New Mexico judge has ordered Meta to pay $567 million into an abatement fund and to change product features for young users, adding to a $375 million jury award from March and bringing Meta’s total liability in the case to $942 million. The bulk of the new fund — $420 million — is allocated for youth mental-health treatment; other measures include limits on notifications and enhanced age-assurance steps.
New Mexico has ordered Meta to implement measures to curb youth harm on its platforms, including age-verification improvements, reduced under-18 engagement features, and mandatory safety notices. The ruling allocates $420 million for treatment and prevention services, with the total civil liability reaching $942 million, subject to appeal.
Anthropic has begun embedding an imperceptible, machine-detectable watermark into Claude-generated text and files to comply with the EU AI Act’s Transparency Code. The mark travels with copied text, can persist through light editing, and will be applied globally to models released after Aug. 2. Users and developers have criticised the change and tools to remove marks have appeared online.
A coalition of 29 state attorneys general has opened a federal trial in Oakland against Meta, arguing the company designed Facebook and Instagram features that addict children and illegally collected data on under‑13s. Four states — California, Colorado, Kentucky and New Jersey — are leading the case, which seeks operational changes and financial penalties that plaintiffs have estimated could total as much as $1.4 trillion.
Reddit has been added to the S&P 500 ahead of trading on Aug. 18, replacing AvalonBay Communities as the index rebalances. The move comes amid Reddit’s expanding data-licensing and AI-related partnerships, which have helped drive revenue growth and position the platform as a valuable data source for tech firms and advertisers.
Meta has agreed to an $18 billion settlement with 48 states to strengthen age-verification and safety tools on Instagram and Facebook. The deal does not admit liability and carves out ongoing oversight, with audits and time-bound improvements. Other platforms like YouTube and TikTok are urged to follow suit.
A TechCrunch review of XREAL's a01 wearable display highlights vibrant visuals and portability, but questions practicality for real work and its role as a second monitor.
Meta has reached an $18 billion settlement over teen-time limits. The agreement ties $5.3 billion to peers joining similar measures, with pressuring others like TikTok and YouTube to follow suit. Snap’s CEO comments and new features for Specs are underscoring a broader push toward digital well‑being amid scrutiny of youth mental health.
Australia has proposed a digital duty of care that will force platforms to let users over 16 choose between algorithmic, personalised feeds or a non‑algorithmic feed showing only followed accounts. The draft would fine noncompliant companies up to A$109.2m and require protections for under‑18s; Washington has warned it will raise concerns with trading partners.
Meta is developing a camera-free variant of its Ray-Ban AI glasses to address privacy concerns while preserving AI chat features. The move follows sustained criticism of camera-enabled glasses and regulatory scrutiny in Europe and Norway. The company is pushing audio and AI capabilities with safeguards like an LED recording indicator and anti-tampering features.
TikTok has reached a settlement with Alabama days before a trial, agreeing to pay $100m now and up to $300m if other states join. The company has agreed to two-hour daily limits for teens, pauses after short sessions, overnight bans, stricter age checks, removal of cosmetic filters for children, and enhanced parental controls.