Meta settlement: Meta agrees to up to $16.7–17.1B payout and sweeping teen-safety changes after multistate lawsuit Meta settlement sees the company agree to pay up to about $16.7–17.1 billion and …
Kim Stewart
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Technology
FBI Seizes China-Backed QTFY Botnet Domains, Disrupts U.S. Government Hacks
by Kim Stewartby Kim StewartU.S. Seizes Domains Tied to China-Backed Botnet Used in Widespread Cyberattacks Justice Department and FBI seized domains tied to a China-backed botnet that targeted U.S. hospitals, agencies and companies, crippling …
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Technology
Meta faces lawsuit from 29 states alleging addiction and children’s data harvesting
by Kim Stewartby Kim StewartMeta lawsuit over alleged design to addict minors ends with roughly $17 billion settlement Meta lawsuit settlement: Company agrees to about $17B to resolve claims that Facebook and Instagram were …
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Technology
Ventures Platform raises oversubscribed $84 million Fund II to expand across Africa
by Kim Stewartby Kim StewartVentures Platform Fund II raises $84M to expand beyond Nigeria and back AI-enabled African startups Ventures Platform Fund II has closed an oversubscribed $84 million second fund to back early-stage …
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Technology
Mac mini upgraded to M6 and M5 Pro, promises quadrupled AI performance
by Kim Stewartby Kim StewartApple upgrades Mac mini with M6 and M5 Pro chips, boosts on‑device AI up to 4× and raises starting price to €1,049 Apple upgrades Mac mini with M6 and M5 …
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Technology
Nitter taken offline after X Corp issues cease-and-desist demanding takedown
by Kim Stewartby Kim StewartX Corp. orders takedown of Nitter; flagship instance goes offline after cease-and-desist X Corp. demands takedown of Nitter instances; Nitter.net is offline while its creator seeks legal advice after cease-and-desist …
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Technology
Publishers Harness AI to Launch Cost-Effective New Media Formats
by Kim Stewartby Kim StewartPublishers Turn to AI in Publishing to Expand Product Portfolios and Cut Costs Publishers are using AI in publishing to build new formats and stretch limited newsroom resources, industry sources …
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Technology
Enhanced Group reports $62 million Q2 loss after Enhanced Games flop
by Kim Stewartby Kim StewartEnhanced Group Posts $62M Q2 Loss After Enhanced Games Flop, Signals Shift to Lower‑Cost Events Enhanced Group reported a nearly $62 million second‑quarter loss tied to the costly Enhanced Games, …
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Technology
TEC announces plan to build Europe’s largest reusable heavy-lift rocket
by Kim Stewartby Kim StewartTEC aims to build Europe’s largest reusable heavy rocket as it raises new capital TEC reusable heavy rocket plans to expand the company’s model and construct Europe’s largest reusable heavy-lift …
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Technology
Apollo Atomics raises $26M to mass-produce compact steam generators
by Kim Stewartby Kim StewartApollo Atomics shrinks steam generator to cut nuclear costs, targets 3¢/kWh by 2028 Apollo Atomics unveils a compact steam generator approach to cut nuclear plant costs, closing a $26M seed …