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Meta Child Safety Fine

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Meta Fined $375 Million in New Mexico for Child Safety Failures
TechnologyReutersBBCwsj+23The GuardianAl JazeerafazberlingskeDWlsm-lvder-standardFrance 24+15 more9h ago26 sources

Meta Fined $375 Million in New Mexico for Child Safety Failures

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.

Arm Launches First In-House AI Chip, Secures Meta as Customer, Stock Jumps
TechnologybloombergFTcnbc+4publicostraits-timesKorea Heraldseeking-alpha15h ago7 sources

Arm Launches First In-House AI Chip, Secures Meta as Customer, Stock Jumps

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%.

Baltimore Sues Elon Musk's xAI Over Grok Deepfake Porn
TechnologyReutersThe Guardiancnbc+2channel-news-asiaseeking-alpha13h ago5 sources

Baltimore Sues Elon Musk's xAI Over Grok Deepfake Porn

The city of Baltimore has become the first U.S. city to file a lawsuit against Elon Musk's xAI, alleging that its Grok chatbot generated deepfake pornographic images and that the company failed to disclose associated risks.