Snap Reaches Settlement In Social Media Addiction Lawsuit Ahead of Trial
TL;DRSnap settled a lawsuit alleging Snapchat was designed to be addictive.
Why it matters: Sets precedent for holding platforms liable for mental health harms from intentional design choices.
Salesforce announces plans to acquire Cresta, a provider of AI-powered
TL;DRSalesforce buying Cresta, an AI contact center software company, for $2.7 billion.
Trajectory, which is developing AI model post-training tools
TL;DRStartup Trajectory raised $45M to help non-technical users customize AI models after training.
Latest
Apple may try to increase revenue by doing…something with third-party
Apple exploring ways to make money from third-party AI apps on its platform.
John Ternus says Apple expects memory costs
Apple is stockpiling memory chips ahead of expected price increases through year-end.
Tech Firms Dismantle Botnet That Turned 1.3M TV Boxes Into Proxies
Google and partners shut down a botnet using 1.3M hacked TV boxes for proxy fraud.
DBS CEO on How Southeast Asia's Biggest Bank Deploys AI
Southeast Asia's largest bank is rapidly deploying AI while emphasizing cybersecurity risks.
Apple Forecast Tops Estimates, Disappoints Investors
Apple beat revenue forecasts but stock fell because growth didn't exceed recent hype.
AI Models Are Getting Harder to Monitor, Says U.K. Government’s Joseph
Monitoring AI models to ensure safety is becoming increasingly difficult, warns UK official.
L&G AM CEO on APAC, Growth Outlook
L&G Asset Management's CEO outlines growth strategy for Asia-Pacific markets.
Franklin Templeton CEO on Investment, Growth Outlook
Franklin Templeton CEO outlines investment strategy and growth plans for Asia-Pacific and global markets.
This Chinese Android phone brand has launched a Harry Potter collab
Chinese phone maker released Harry Potter-branded Android phone with themed packaging and accessories.