A New Mexico judge ordered Meta to pay $567 million into a fund to mitigate the 'public nuisance' caused by its social media platforms, adding to the $375 million in civil penalties imposed by a jury. The ruling, which follows a two-phase trial, could redefine the responsibility of tech platforms for youth mental health.
ChangXin Memory Technologies (CXMT) has achieved DDR5-8800 overclocks on AMD motherboards, a milestone that places the Chinese company on par with SK hynix's premium modules. This advance, amid a global memory shortage, could reshape the market and reduce dependence on South Korean and American giants.
Apple faces an unprecedented bottleneck: $10 billion in A20 Pro chips waiting for DRAM. The global memory shortage threatens to delay the iPhone 18 and increase component costs.
Framework, known manufacturer of modular laptops, has notified all its customers of a data breach compromising basic personal information. The attack occurred through a Metabase BI service, which suffered a zero-day exploit. Although no payment data was exposed, the incident underscores the risks of the software supply chain.
A New Mexico court ordered Meta to pay an additional $567 million for considering that its platforms significantly contribute to the youth mental health crisis. The total fine reaches nearly one billion dollars, marking a milestone in social media regulation.
Electronic Arts is delisted after the largest leveraged buyout ever. A group led by Saudi Arabia's sovereign fund, with support from Silver Lake and Affinity Partners, pays $55 billion and loads the company with $20 billion in debt. We analyze the implications for the industry and players.
Apple has filed a new legal challenge against the UK government's order requiring it to create a backdoor in iCloud. This move, reported by the Financial Times, intensifies the standoff between privacy and national security.
For the first time, a joint wrongful death lawsuit against major social platforms reaches a state court. Families allege these companies' algorithms exploited their children's vulnerability, leading to suicide.
A study by the eSafety Commissioner reveals that the social media ban for under-16s in Australia has barely reduced usage: from 86% to 81%. The lack of effective age verification and low parental control are the main causes.
A vulnerability in Coldcard hardware wallets allowed attackers to guess recovery seeds and steal over $75 million in Bitcoin. The flaw, introduced in 2021, affects Mk3 devices and requires users to generate new seeds.
Apple has revealed that memory costs will continue to rise in the next quarter, following an increase that has already eroded its gross margin. The company has doubled its inventory to cope with the shortage, but warns that the relief will be temporary.
Antora Energy has closed a $550 million Series C round, one of the largest in cleantech this year. The company, which uses thermal batteries to store energy, aims to capitalize on unprecedented demand for electricity driven by artificial intelligence.