| Ingrid Lunden / TechCrunch: |
Sources: Meta plans to build a 40K+ km-long fiber optic subsea cable extending around the world, a project that could cost more than $10B — Meta, the parent of Facebook, Instagram, and WhatsApp, is the second-biggest driver of internet usage globally. Its properties — and their billions of users … | Bloomberg: |
Experts worry about the unintended consequences of Australia's controversial but popular social media ban on under-16s; Meta, TikTok, and X expressed concerns — - Children under 16 barred from popular social media sites — Politicians under pressure to stem online bullying, grooming| Victoria Kim / New York Times: |
Details of Australia's social media ban for kids remain unclear, such as how to enforce it and what platforms it covers; kids and parents won't face punishment — The law sets a minimum age for users of platforms like TikTok, Instagram and X. How the restriction will be enforced online remains an open question.| Akila Quinio / Financial Times: |
Sources: European regulators rebuked Wise in 2022 after finding it lacked proof of address for hundreds of thousands of customers, forcing it into remediation — Regulatory review in 2022 found fintech lacked proof of address for hundreds of thousands of customers| Ismail Shakil / Reuters: |
Canada's Competition Bureau sues Google over alleged anti-competitive conduct in online advertising, seeking Google to sell two of its ad tech tools and more — Canada's Competition Bureau is suing Alphabet's (GOOGL.O) Google over alleged anti-competitive conduct in online advertising, the antitrust watchdog said on Thursday.| Shannon Connellan / Mashable: |
Bluesky replies now default to appear by “hotness”, which weights liked replies that are more recent more heavily; some say this rewards clout farming like X — Not everyone is happy about it being the default. — Bluesky replies will now default to appear by “hotness” … | Sergiu Gatlan / BleepingComputer: |
Report: Russia arrested notorious cybercriminal Mikhail Matveev for developing malware and running hacking groups; US DOJ filed charges against him in 2023 — Russian citizen and notorious ransomware affiliate Mikhail Pavlovich Matveev (also known as Wazawaka, Uhodiransomwar, m1x … | Allison Johnson / The Verge: |
Samsung Galaxy S24 FE review: reasonable price, telephoto camera, and a big screen, but the screen isn't that sharp and other ~$500 phones offer more value — The S24 FE feels less like a ‘Fan Edition’ and more like an exercise in retail positioning. … There's something bugging me about Samsung's “Fan Edition” phone line.| Josh Rubin / Toronto.com: |
Major Canadian news organizations, including Torstar, Postmedia, and CBC, sue OpenAI, alleging breach of copyright and terms of use — A broad coalition of Canada's major news organizations, including the Toronto Star, Metroland Media, Postmedia, The Globe and Mail, The Canadian Press and CBC … | Bloomberg: |
Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chip startup Rapidus — - Ishiba promised more than ¥10 trillion in outlays on chips, AI — Some of the funds are seen going to foundry startup Rapidus| The Information: |
Sources: ByteDance execs fear that launching its own AI models, or apps powered by the models, in the US could give lawmakers another excuse to attack TikTok — TikTok owner ByteDance, whose artificial intelligence chatbot is a major hit in China, wants to compete worldwide in generative AI.| Claire Che / Bloomberg: |
Didi reports Q3 revenue up 5% YoY to $7.44B and a net income of $128M, its second straight quarterly profit, as the company prepares for a Hong Kong IPO — How Swiggy Beat Amazon to 13-Minute Grocery Deliveries in India … Quicktake
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| Bill Toulas / BleepingComputer: |
| Ella Creamer / The Guardian: |
| Mathieu Pollet / Politico: |
| Kyle Wiggers / TechCrunch: |