| 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 … | 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| 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 … | Charles Rollet / Business Insider: |
| 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.| Bloomberg: |
Pony AI reports 2025 revenue up 20% YoY to ~$90M, total annual losses down 72% YoY to ~$76.8M, and a $75.5M net income in Q4, its first profitable quarter ever — Pony AI Inc. delivered its first profitable quarter ever, bolstered by a windfall from an early investment, rather than its main robotaxi business.| Andrew J. Hawkins / The Verge: |
| 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.| Michael Kan / PCMag: |
The US DOJ charges a Chinese national and two Americans for allegedly trying to smuggle ~$62M worth of export-controlled A100 and H100 Nvidia chips into China — The US has disclosed a new Nvidia chip-smuggling case that also seems to involve San Jose-based server manufacturer Supermicro.| 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.| 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.| 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.”| Luz Ding / Bloomberg: |
Meituan reports Q4 revenue up 4.1% YoY to ~$13.3B and a ~$2.2B adjusted net loss, vs. ~$1.9B est., amid an intense food delivery fight with Alibaba and JD.com — Meituan reported a modest 4.1% increase in sales as the company's expansion outside China helped offset pressure … | 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 … | 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 — Sen. Bernie Sanders (I-Vt.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) on Wednesday will announce legislation to pause all new data center … | 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.| Jagmeet Singh / TechCrunch: |
Deccan AI, which supplies post-training data and evaluation work, raised a $25M Series A led by A91 Partners; most of its workforce of experts is based in India — As demand grows for training and refining AI models, Deccan AI — a startup supplying post-training data and evaluation work … | 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.| 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.| 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 … | Sebastian Mallaby / Wall Street Journal: |
Book excerpt: how Google acquired DeepMind for $650M in 2014, beating Facebook to the deal; Mustafa Suleyman used poker-style bluffing to secure a safety board — Before artificial intelligence minted billionaires and roiled the stock market, the London startup caught the attention of tech's biggest names.| 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 … | 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’
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