Texas, Florida social media laws to come under microscope at Supreme Court

Texas, Florida social media laws to come under microscope at Supreme Court

A new front in America’s culture wars will reach the Supreme Court on Monday as the justices hear two cases stemming from controversial laws in Texas and Florida regulating social media bans.   The laws aim to block social media companies from banning users based on their political views — even if users violate platform policies. … Read more

Florida lawmakers approve ban on social media accounts for children under 16

Florida lawmakers approve ban on social media accounts for children under 16

Florida lawmakers have fast-tracked legislation that forces social media companies to keep most minors off their platforms. The legislation, which passed the state House Thursday after earlier being approved by the Senate, now heads to Gov. Ron DeSantis’s (R) desk, though he says he’s not quite ready to sign on. DeSantis told reporters Friday that … Read more

Mark Zuckerberg Shares One Of His Most Controversial Leadership Traits

Mark Zuckerberg Shares One Of His Most Controversial Leadership Traits

Mr Zuckerberg added that there might be minor hiccups in his management style Meta CEO Mark Zuckerberg revealed that one of his most controversial principles as a business leader is that he doesn’t like delegating responsibility. Mr Zuckerberg spilt the beans about his management style on an episode of the “Morning Brew Daily” podcast which … Read more

Tech companies pledge to fight deceptive AI during 2024 elections

Tech companies pledge to fight deceptive AI during 2024 elections

Several major technology companies — including Adobe, Amazon, Google, IBM, Meta, Microsoft, OpenAI, Snap, TikTok and X — signed an accord Friday pledging to combat the use of deceptive artificial intelligence (AI) in this year’s elections. The 20 participating companies pledged to “work collaboratively on tools to detect and address online distribution” of AI-generated content … Read more

Federal judge blocks Ohio law requiring parental consent for social media use

Florida lawmakers approve ban on social media accounts for children under 16

A federal judge on Tuesday blocked an Ohio law that would have forced social media companies to get parental permission before signing up minors for the platforms, ruling that the law violates the users’ free speech rights. The Social Media Parental Notification Act, passed in July, would have required sites to gain parental permission for … Read more

There Is A Black Cloud Around Tesla’s Stock

There Is A Black Cloud Around Tesla’s Stock

Tesla has had a rough twelve months. The company failed to act on its first mover advantage in the U.S., and it’s market share dropping like a stone. Chinese EV makers are coming on strong, pushing Tesla out of many European and Asian driveways. It has been fraught with massive recall after massive recall. The company’s … Read more

Meta Will Crack Down on AI-Generated Fakes—but Leave Plenty Undetected

Meta Will Crack Down on AI-Generated Fakes—but Leave Plenty Undetected

Meta, like other leading tech companies, has spent the past year promising to speed up deployment of generative artificial intelligence. Today it acknowledged it must also respond to the technology’s hazards, announcing an expanded policy of tagging AI-generated images posted to Facebook, Instagram, and Threads with warning labels to inform people of their artificial origins. … Read more

Meta urged to reconsider media manipulation policy ahead of elections

Meta urged to reconsider media manipulation policy ahead of elections

The Meta Oversight Board urged the social media company on Monday to reconsider its current policy on manipulated media ahead of the various elections set to be held in 2024.  The board, which is run independently of Meta and funded through a grant by the company, described the policy as “incoherent, lacking in persuasive justification … Read more

Meta: Meta’s $197 billion surge is biggest in stock-market history

Meta: Meta’s 7 billion surge is biggest in stock-market history

Meta Platforms Inc. just become Wall Street’s top comeback kid. It was only a couple of years back the Facebook owner suffered the single biggest market value destruction in stock-market history. But the company has come a long way since then, on Thursday it dazzled shareholders with yet another impressive quarterly earnings report as the … Read more

Google Parent Alphabet’s Spending on Acquisitions Cratered in 2023

Google Parent Alphabet’s Spending on Acquisitions Cratered in 2023

Pennies were pinched in Mountain View last year. For much of its existence as a public company, Google had made a headline-grabbing acquisition at least once a year as it used the profits from its surging ads business to bet on new frontiers. Billions of dollars went to scooping up Motorola, Nest, HTC, and Fitbit … Read more