Judge Orders Meta to Pay $25 Billion Over Decade-Old Facebook Scandal
New Mexico’s Attorney General called it “an unambiguous message to Silicon Valley.”
Read the full story on Gizmodo.
New Mexico’s Attorney General called it “an unambiguous message to Silicon Valley.”
Read the full story on Gizmodo.
Automattic has begun laying off employees across multiple teams, including WordPress.com and its enterprise business, following a board shakeup and a series of executive departures. Sources say more cuts could follow as the company looks to improve its finances.
Bose announced today it has acquired Skullcandy. Although the two companies are competitors in the consumer audio space, Skullcandy recently partnered with its new owner to bring several of Bose’s audio technologies - including its head-tracking spatial audio and excellent active noise cancellation…
The payout is related to a recent trial involving the social media giant that revolved around its data privacy practices.
The Cambridge Analytica scandal has come back to haunt Meta after a New Mexico judge ordered it to pay $25 billion in penalties for more than 43 million violations of the state’s unfair practices law.
Legal AI startup Legora announced Wednesday that it raised a $550 million Series E round, valuing it at $8.8 billion.
Flapping Airplanes, a San Francisco AI research lab founded in late 2025, has raised $1B at a $6B valuation, led by Index Ventures and Lux Capital, Bloomberg reported. Its valuation has quadrupled since January. It is working on ways to train AI with less data and compute, and has no product yet.
Time to focus on selling more Madden micro-transactions, probably.
The ‘Star Wars’ star has a new take on 1960s classic ‘Voyage to the Bottom of the Sea’ in development at Paramount+.
Rising U.S. emissions are pushing best-case climate scenarios out of reach.
The company’s new Cardio Effort and Automatic VO2 Max features are focused on improving your cardiovascular health in a sea of similar offerings.
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