Meta’s $18B Teen Safety Deal Turns Social Media Into A Regulated Product
Meta has agreed to an approximately $18 billion settlement with state attorneys general, adding strict teen-safety rules to Facebook and ...
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Meta’s Hatch AI Agent Plan Would Put Zuckerberg In The Paid AI Race
Meta is reportedly preparing Hatch, a consumer AI agent platform, as Mark Zuckerberg looks for a clearer way to turn ...
Former OpenAI Product Chief Eyes $750M AI Science Startup
Former OpenAI product chief Kevin Weil is reportedly seeking a valuation of at least $750M for a new AI science ...
Myspace Comeback Would Test Social Media Nostalgia
Myspace owners have hinted at a relaunch, but the real question is whether nostalgia can compete with TikTok, Instagram and ...
Meta Child Safety Ruling Could Cost It Nearly $1B
A New Mexico court has ordered Meta to pay another $567 million and make teen-safety changes to Facebook and Instagram.
Cloud9 Buys Chpter As African Business Banking Consolidates
Kenyan fintech Cloud9 has acquired Chpter in an all-stock deal, adding social commerce and AI sales tools to its business ...
The Metaverse Did Not Die. It Just Stopped Calling Itself The Metaverse
The metaverse did not disappear. It has been renamed as spatial computing, AI glasses, Roblox-style virtual worlds and industrial digital ...
Snapchat Stops Paying Fully AI-Generated Spotlight Videos As AI Slop Spreads
Snapchat will stop rewarding fully AI-generated Spotlight videos as social platforms try to protect creator payouts from low-effort synthetic content.
Reddit Earnings Beat As AI Search Turns Its Human Data Into A Bigger Question
Reddit reported $805 million in Q2 revenue and strong profit, but investors are watching how AI search and data licensing ...
Meta Revenue Beats But AI Spending And Legal Costs Hit Profit
Meta reported $60.8 billion in Q2 revenue, but profit fell as AI spending, legal charges and severance costs weighed on ...