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A New Mexico jury has ordered Meta to pay $375 million in civil penalties, finding the company liable for misleading consumers about platform safety and enabling harm to young users, a verdict hailed as a historic victory for child protection.
China has reportedly restricted the co-founders of Manus from leaving the country as it reviews a deal involving Meta Platforms, according to the Financial Times.
SoftBank-owned tech group Arm has launched its first in-house AI chip, the AGI CPU, securing Meta as an initial customer and marking a historic shift in its business model. The company is now eyeing a sales goal of $19.2 billion, with CEO Haas projecting $15 billion revenue for the new chip, causing its stock to jump 8%.
Paco Iglesias, head of the Spanish arm, has been promoted to the top job at National Express, with executive chairman Phil White transitioning to a non-executive role later in the year.
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