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March 26, 2026, 7:30 AM
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Jonathan Vanian / CNBC:
Social media addiction trial: an LA jury finds Meta and YouTube were negligent and failed to warn users on the dangers of using their platforms; Meta to appeal  —  A jury in Los Angeles determined on Wednesday that Meta and Google's YouTube were negligent and failed to warn users …
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See also Mediagazer
New York Times:
A Los Angeles jury in the social media trial awards the plaintiff $3M in compensatory damages and $3M in punitive damages; Meta will pay 70% and YouTube 30%  —  A jury found the companies harmed a young user with design features that were addictive and led to her mental health distress.  — 1.1k
Wall Street Journal:
Back-to-back jury verdicts against Meta could spur a flood of litigation against social media companies and threaten to undermine Section 230 protections  —  Social-media giants confront existential dilemma as a flood of litigation challenges their product designs
Wall Street Journal:
The $6M LA social media verdict is a win for the plaintiffs bar, not kids or society; parenting helps limit such harms, and most kids don't face severe issues
Eli Tan / New York Times:
Meta confirms laying off staff on Wednesday; a source says Meta laid off ~700 employees in its Reality Labs unit, as well in recruiting, sales, and Facebook  —  Meta on Wednesday laid off around 700 employees, a person with knowledge of the company said, the latest downsizing …
Dan Goodin / Ars Technica:
Google sets a 2029 deadline for its post-quantum cryptography migration, aiming to “secure the quantum era” as “frontiers may be closer than they appear”  —  Google is dramatically shortening its readiness deadline for the arrival of Q Day, the point …
Corbin Davenport / How-To Geek:
GitHub says it will use Copilot interaction data, including inputs, outputs, and code snippets, to train its AI models starting April 24, unless users opt out  —  The generative AI models powering ChatGPT, Copilot Gemini, and other assistants were created with mountains of training data.
Andy Robinson / Video Games Chronicle:
Nintendo says new first-party games exclusive to Switch 2 will have different prices for physical and digital versions in the US, beginning in May  —  Nintendo of America has announced that, beginning in May, it will introduce differing pricing for physical and digital versions of its Switch 2 games.
Andrew J. Hawkins / The Verge:
Uber partners with China's Pony AI and Croatia-based, Rimac-spinoff Verne to launch Europe's first commercial robotaxi service, initially debuting in Zagreb
Haripriya Suresh / Reuters:
Revolut says it aims to base 40% of its global workforce in India by the end of 2026, increasing its local headcount to 5,500; Revolut has 12,000 staff globally  —  European fintech firm Revolut plans to have around 40% of its global workforce based in India by the end of 2026 as it expands its India global capability centre.
More: Tech in Asia
Financial Times:
OpenAI puts plans for an erotic chatbot on hold “indefinitely” as it refocuses on its core products, sources say after concerns from staff and investors  —  Decision follows staff and investor concerns about sexual AI content  —  OpenAI has shelved plans to release an erotic chatbot …
More: Reuters
Bloomberg:
Sources: Chinese chipmaker CXMT hit ~$8B in 2025 revenue, up 130% YoY, and projects ~$435M in adjusted net income, excluding one-time items, ahead of an IPO  —  ChangXin Memory Technologies Inc. more than doubled revenue to $8 billion in 2025, giving the strategically important Chinese chipmaker …
More: Tech in Asia
Ann E. Marimow / New York Times:
SCOTUS rules unanimously that Cox could not be held liable for the piracy of thousands of songs online, after music labels sued the internet provider in 2018  —  Leading music labels sued Cox Communications for failing to terminate accounts of subscribers flagged for distributing copyrighted music.
Katie Rogers / New York Times:
Melania Trump appeared alongside Figure AI's Figure 3 humanoid robot at the White House to promote integrating more tech and AI into US children's education  —  The first lady, Melania Trump, believes that more children should be educated by “humanoid educators.”
Sarah Perez / TechCrunch:
Reddit says it will label automated accounts that provide a service to users and will require accounts suspected of being bots to verify they are human  —  Would-be Reddit competitor Digg just shut down because it couldn't get a handle on the bots overrunning its site.
Francisco Rodrigues / CoinDesk:
Singapore-based Startale, developer of the Strium blockchain for tokenized securities and JPYSC and USDSC stablecoins, raised a $63M Series A from SBI and Sony  —  The Singapore-based company builds blockchain tools for financial firms and retail users, including a blockchain for tokenized securities, stablecoins, and a consumer app.
Brent Crane / Bloomberg:
How Theia, a satellite imaging startup that raised $250M+ by 2020, collapsed after the US indicted its founder and four other execs on federal fraud charges  —  Theia raised big money to launch a next-level network of digital imagery, but its legacy is mostly lawsuits, including federal fraud charges.
Google Research:
Google Research details TurboQuant, a quantization algorithm to enable massive compression of LLMs and vector search engines without sacrificing accuracy  —  We introduce a set of advanced theoretically grounded quantization algorithms that enable massive compression for large language models and vector search engines.
Sujeet Indap / Financial Times:
Elon Musk's lawyers ask a Delaware judge to step back from cases involving him, after her LinkedIn account “liked” a post celebrating his defeat in a CA case  —  Quinn Emanuel says Delaware judge must recuse herself over post, which she says she may have liked ‘accidentally’
Steff Chávez / Financial Times:
The US Army selects Carlyle and KKR to build two data centers on military bases, set to cost $2B each, as its token usage rises 8x during the US' war in Iran  —  Army secretary says Iran war underscores need to adapt to AI's growing role in modern warfare  —  The US Army has selected Carlyle …

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From Mediagazer

Matthew Belloni / Puck:
Sources: David Ellison told execs he will move Paramount out of California if AG Rob Bonta doesn't negotiate a settlement of the WBD antitrust case by October 1

Wall Street Journal:
Ari Emanuel's Mari agrees to buy British theater group ATG Entertainment from PE firm Providence, sources say in a deal valuing ATG at ~£4.5B including debt

Reuters:
RTL reports H1 revenue up 4% YoY to €2.9B and raises its FY revenue forecast to between €7.1B and €7.2B, accounting for the June acquisition of Sky Deutschland

More News

Mark Sullivan / Fast Company:
ARC Prize Foundation unveils ARC-AGI-3, an AI benchmark with simple video-game-like scenarios designed to measure on-the-fly reasoning rather than memory recall

Earlier Picks

Ivan Mehta / TechCrunch:
Google launches the Lyria 3 Pro music generation model, with better creative control and letting users create three-minute tracks, up from Lyria 3's 30 seconds
Maria Curi / Axios:
Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez introduce legislation to pause new data center construction until AI safeguards are in place
The Information:
Source: as part of its Google deal, Apple has full access to the Gemini model in its own data centers and can use distillation to produce smaller models
Ashley Capoot / CNBC:
Legal AI company Harvey raised $200M led by GIC and Sequoia at an $11B valuation, up from $8B in December 2025, and reports 100K+ users at 1,300+ organizations
Wall Street Journal:
President Trump names Mark Zuckerberg, Larry Ellison, Jensen Huang, and others to the Council of Advisors on Science and Technology, co-chaired by David Sacks
Todd Spangler / Variety:
Disney ends its three-year OpenAI licensing deal, signed in December 2025, in which it agreed to invest $1B in OpenAI and license 200+ of its characters to Sora
Mediagazer memeorandum WeSmirch
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