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March 26, 2026, 9:05 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 their platforms; both plan 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
Wall Street Journal:
The $6M LA social media verdict is a win for the plaintiffs bar, not kids or society; parenting helps mitigate the harms and most kids don't face severe issues  —  The verdict against Meta and YouTube is a victory for the plaintiffs bar, not for children or society.
Cecilia Kang / New York Times:
As US lawmakers struggle to pass online safety laws, LA and New Mexico juries take the lead, holding social media companies accountable for harming young users  —  A pair of verdicts held social media companies accountable for harming young users, highlighting a growing backlash as Congress struggles to pass legislation.
Wall Street Journal:
Back-to-back jury verdicts holding Meta liable 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
New York Times:
A jury in the Los Angeles social media trial awards the plaintiff $3M in compensatory damages and $3M in punitive damages; Meta will pay $4.2M and YouTube $1.8M  —  A jury found the companies harmed a young user with design features that were addictive and led to her mental health distress.
Eli Tan / New York Times:
Meta confirms laying off staff on March 25; a source says Meta laid off ~700 employees in its Reality Labs unit, as well as 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 its post-quantum cryptography migration deadline for 2029, aiming to “secure the quantum era” as “quantum frontiers may be closer than they appear”  —  Google is dramatically shortening its readiness deadline for the arrival of Q Day …
Corbin Davenport / How-To Geek:
Microsoft says it will use GitHub Copilot interaction data, like inputs, outputs, and code snippets, to train its AI models from April 24, unless users opt out  —  The generative AI models powering ChatGPT, Copilot Gemini, and other assistants were created with mountains of training data.
Michael J. de la Merced / New York Times:
Defense tech startup Shield AI raised $2B at a $12.7B valuation, up from $5.3B after raising $240M in March 2025; half of its business is autonomous software  —  The company, which develops autonomous military technology, also plans to buy a maker of simulation software as interest in next-generation defense soars.
More: Bloomberg
Andy Robinson / Video Games Chronicle:
Nintendo says its new first-party games exclusive to Switch 2 will have different prices for their 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-based Pony AI and Croatia-based, Rimac-spinoff Verne to launch Europe's first commercial robotaxi service, initially debuting in Zagreb  —  The companies are already testing autonomous vehicles in Croatia, where they will launch their first commercial service.
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.
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.”
Paresh Dave / Wired:
Interviews with 37 Anduril sources detail safety concerns and project challenges at Anduril's manufacturing operations; Anduril calls the claims “inaccurate”  —  From drones to missiles to submarines, the $30.5 billion defense startup wants to transform how the tools of war are made.
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
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
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 …
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.

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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

Earlier Picks

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
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
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
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
Google Research:
Google Research details TurboQuant, a quantization algorithm to enable massive compression of LLMs and vector search engines without sacrificing accuracy
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