Meta Lays Off 700 Employees, While Rewarding Top Executives
The jobs cuts and a new stock program for executives come as Meta continues to shift its focus to artificial intelligence.
Technology
Australia public broadcaster staff strike over pay for first time in 20 years
Majority of ABC staff rejected latest offer of 10% pay rise over 3 years and $700 bonus Hundreds of staff at the Australian Broadcasting Corporation began a one-day strike on Wednesday, the first walkout in 20 years, over pay and working conditions, disrupting live news coverage at the public broadcaster. Live programming was diverted to … Read more
Meta and YouTube Found Negligent in Landmark Social Media Addiction Trial
A jury found the companies harmed a young user with design features that were addictive and led to her mental health distress.
Trump names Nvidia, Meta CEOs to science and tech council
Council likely to play key role in shaping Washington’s response to intensifying global competition in AI Meta CEO Mark Zuckerberg and United States President Donald Trump. PHOTO: FILE US President Donald Trump appointed Meta Platforms CEO Mark Zuckerberg, Oracle Executive Chairman Larry Ellison and Nvidia CEO Jensen Huang to a council that will weigh in … Read more
OpenAI Is Shutting Down Sora, Its A.I. Video Generator
The start-up said it would discontinue Sora just three months after signing a multiyear deal to bring Disney characters to the service.
Meta Ordered to Pay $375 Million Over Child Safety Violations
In one of the company’s first major losses, New Mexico jurors found that it had misled consumers about the safety of its platforms, enabling sexual exploitation of young users.
Arm Holdings, in Break From Past, Will Sell Its Own Computer Chips
For years, the company sold chip designs to other companies. Now it plans to sell its own chips for A.I. data centers.
CERT warns supply chain threats to Pakistan’s critical infrastructure
Advisory urges strict vendor screening, zero trust verification to prevent systemic breaches The National Cyber Emergency Response Team has issued a high urgency advisory warning that hostile actors may exploit hardware and software supply chains to infiltrate and disrupt national critical infrastructure. The advisory states that global supply chains have shifted from being a logistical concern … Read more
Judge Hears State Challenge to Trump’s Tech Deal Settlement
Democratic state attorneys general are fighting the Justice Department’s clearance of a $14 billion deal by Hewlett Packard Enterprise, arguing it was ineffective and corrupt.
OnlyFans owner Leonid Radvinsky dies at 43 after cancer battle
Radvinsky founded the webcam platform MyFreeCams in 2004 before acquiring OnlyFans’ parent company in 2018 Leonid Radvinsky, the billionaire owner of OnlyFans, has died at the age of 43 following a battle with cancer, the company confirmed. In a statement, a spokesperson said, “We are deeply saddened to announce the death of Leo Radvinsky,” adding … Read more