Mark Zuckerberg is seeking to avoid being held personally liable in two dozen lawsuits accusing Meta Platforms Inc. and other social media companies of addicting children to their products. The Meta chief executive officer made his case at a hearing Friday in California federal court, but the judge didn’t immediately make a decision. A ruling […]
Financial Times: How tensions between past and present leaders of Sequoia, which had a reputation for quiet competence, have spilled into the open with the Klarna boardroom spat — Tension between past and present leaders of Silicon Valley’s premier venture group have spilled into the open Source link
The Reserve Bank of India said on Friday it has asked the National Payments Corporation of India (NPCI) to examine a request from Paytm, formally known as One 97 Communications, to become a third party application provider (TPAP). If approved, this would allow Paytm to continue processing payments via India’s popular unified payments interface (UPI),
Chris Welch / The Verge: Three years after Spotify’s original announcement that it would launch a higher-quality audio subscription, the company has yet to roll out the feature — I was really hoping I wouldn’t have to do this again. Last year, it seemed like there was no reason to believe Spotify would ever roll
Social media platform Reddit has struck a deal with Google to make its content available for training the search engine giant’s artificial intelligence models, three people familiar with the matter said. The contract with Alphabet-owned Google is worth about $60 million (roughly Rs. 497 crore) per year, according to one of the sources. The deal underscores
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Wall Street Journal: Sources: staff warned Meta in 2023 that its subscription tools on Facebook and Instagram allowed adults to profit from exploiting their own children — Employees offered suggestions to reduce risks of misuse of subscription accounts featuring minors. Meta took another approach and says its programs are well monitored. Source link
Intel said on Wednesday that Microsoft plans to use its services to manufacture a custom computing chip and that the company expects to beat an internal deadline of 2025 to overtake its biggest rival, Taiwan Semiconductor Manufacturing Co, in advanced chip manufacturing. The American chipmaker also gave new details on how it plans to maintain
Reuters: Downdetector: users of AT&T, Verizon, T-Mobile, and other networks report ongoing cellular outages across the US, starting at around 4:30AM ET — Large swathes of the U.S. were hit by a cellular outage early on Thursday, with thousands of users reporting disruptions with the services offered by telecom firms including AT&T (T.N). Source link
India’s Zee Entertainment is making a final attempt to restart discussions with Japan’s Sony Group to revive their $10 billion (roughly Rs. 83,098 crore) merger deal which was scrapped on January 22, Indian business daily Economic Times reported on Tuesday, citing people aware of the matter. Representatives from both parties have been working to salvage
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Manish Singh / TechCrunch: Byju’s says the $200M rights issue that cuts its valuation by 99% to $20M-$25M is fully subscribed; source: some of Byju’s major investors are yet to take part — Byju’s says its recently launched $200 million rights issue has been fully-subscribed, but the startup’s founder urged … Source link