A Los Angeles County jury on Wednesday found Meta and Google liable for harming a young woman who used their social media platforms. The landmark decision—which could have an impact on whether future cases can be brought against tech companies—marks a win for the case’s plaintiff, a 20-year-old woman identified only as KGM, who jurors said is entitled to $3 million in damages from Meta and Google. The woman filed the suit against Instagram’s parent company Meta and YouTube owner Google in 2023, alleging the platforms, and the design of their apps, deliberately addict and harm children. The jury found…
Author: Staff Writer
Recently, Angela Parker, cofounder and CEO of Realized Worth, posed a sharp question on LinkedIn: What is the point of a conference anyway? For years, the standard CSR conference playbook was built around a familiar formula: strong production, polished panels, practical takeaways, sponsor visibility, and enough inspiration to send people home feeling energized. But Angela is right. At a time when many professionals are navigating fatigue, fear, scrutiny, and real uncertainty about how to lead, it is not enough. Across industries, people are not showing up to gatherings simply looking for content. They are showing up carrying tension. They are…
ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 1,497.34 points or 2.87% to 53,749.62 • Shanghai increased 50.558 points or 1.30% to 3,931.838 • Hang Seng increased 272.24 points or 1.09% to 25,335.95 • ASX 200 increased 154.90 points or 1.85% to 8,534.30 • SENSEX increased 1,205.00 points or 1.63% to 75,273.45 • Nifty50 increased 394.05 points or 1.72% to 23,306.45 The major Asian currency markets had a mixed day today: • AUDUSD decreased 0.00385 or -0.55% to 0.69573 • NZDUSD decreased 0.002 or -0.34% to 0.58158 • USDJPY increased 0.576 or 0.36%…
Few sectors of the economy show the growing divide between the haves and have nots more than the airline industry, which is increasingly catering to high-income flyers in an effort to squeeze as much revenue per available seat mile as possible. United, which just announced newly designed economy seats you can lie flat and sleep on, found a clever way to appeal to everyone by bringing the couch to coach. This week, the airline announced what it calls “United Relax Row,” a row of three seats that transform into a single lie-flat space. The seats will begin appearing on United…
Air travelers are experiencing the highest wait times ever under the Transportation Security Administration, the agency’s acting head told Congress on Wednesday, as the latest offer to end a funding impasse and put restraints on President Donald Trump’s mass deportation agenda met fierce resistance. The TSA’s Ha Nguyen McNeill described the mounting hardships facing unpaid airport workers — piling up bills and eviction notices, even plasma donations to make ends meet — and warned that lawmakers must ensure “this never happens again.” “This is a dire situation,” she said. Yet on the 40th day of the standoff involving the Department of Homeland Security, there…
Plane comfort is important yet notoriously hard to achieve. But now one airline is set to offer a cozier way to fly that won’t break the bank: extendable couches for economy passengers.On Tuesday, United Airlines announced the new, more comfortable seating arrangement — a set of economy seats that transform into a couch during long-haul flights. The offer is the first of its kind for any North American airline. The new seating arrangement, which was built from a patent held by Air New Zealand, a United partner, will be called United Relax Row. The seats will be located between United…
Ding-dong, Sora is dead! So says the executive team at OpenAI, which now wants its talented staff to say goodbye to the generative AI social media platform—which was only online for a few months—and invest most of its efforts on its core business: enterprise services and coding. In other words, OpenAI is back to focusing on its key goal (beating Anthropic), instead of what the company’s CEO of applications reportedly described as a “side quest” (trying to overtake TikTok). Disney, which was hoping to license its iconic characters for use in Sora, is now ditching its investment in the AI…
In business conversations today, there’s generally an eye roll when someone brings up “sustainability” or “ESG.” Once a favorite of investors, boards, and marketers, sustainability has been politicized, deprioritized, and in many cases quietly shelved. At the same time, a new headline dominates: AI. AI is the strategy, the investment thesis, the growth promise. It’s exciting…and it should be. But amid the whiplash, we’ve stopped talking about something far more long-lasting: purpose. Even at the most recent meetings of global leaders in Davos, energy and climate played a role, but purpose took a backseat. And that’s a problem. ESG is…
Meta must—quite literally—pay for endangering children across its platforms. A New Mexico jury has found Meta liable for misleading the public, exposing children to sexual exploitation, and fostering adverse mental health. Meta must pay $375 million in civil penalties for about 75,000 violations at the maximum penalty of $5,000 each. This decision marks the first time a U.S. state has successfully defeated a big tech company at trial. “The jury’s verdict is a historic victory for every child and family who has paid the price for Meta’s choice to put profits over kids’ safety,” New Mexico Attorney General Raúl Torrez…
Shares of Arm Holdings plc (Nasdaq: ARM) are surging this morning after the semiconductor design firm announced it will begin making its own chips for AI workloads. The move from chip designer to chipmaker represents the most significant shift in the company’s business model in its 35-year history. Here’s what you need to know. Arm ravamps its business model For over three decades, the British semiconductor first had one primary business model: it designed chips and then licensed those designs to other companies, including Apple and Qualcomm, which would then make their own semiconductors based on Arm’s designs. Under this…