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Meta agrees to pay up to $18B to settle US states' claims that it designed Facebook and Instagram to addict children, misled consumers, and more
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2026-08-26 17:57:17
By: milo
The Trump administration has struck data-sharing deals with OpenAI, Google, Meta, Amazon, and other tech companies to track how AI is affecting jobs a
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2026-08-26 16:53:17
By: milo
Deep Cogito, which develops open-weight models and helps companies build their own specialized AI models, raised a $43M Series A led by TQ Ventures (S
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2026-08-26 16:09:15
By: milo
Amazon agrees to acquire DuckLabs, the Amsterdam company behind open-source database DuckDB, for an undisclosed sum; DuckDB will remain open source (T
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2026-08-26 15:56:48
By: milo
Bengaluru-based Runable, whose AI agents let small businesses find customers, run ad campaigns, and more, raised a $21M Series A at a $65M post-money
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2026-08-26 15:35:26
By: milo
In Q2, Apple's base iPhone 17 was the global best-selling smartphone, with a 6% share, followed by the iPhone 17 Pro Max; Apple and Samsung had a
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2026-08-26 14:40:21
By: milo
Vanguard agrees to acquire RIA software startup Altruist, a source says for $4.6B in cash; Altruist raised $600M and had a $1.9B valuation in early 20
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2026-08-26 14:25:25
By: milo
Sources: Sword Health plans to acquire mental health company Headspace for between $200M and $300M in cash, far below its $3B valuation in 2021 (Broc
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2026-08-26 14:25:24
By: milo
Meta's deal with 52 AGs includes daily time limits for teens and algorithmic feed controls; $5.3B of it rests on YouTube and TikTok implementing
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2026-08-26 14:05:21
By: milo
Meta's deal with 51 AGs includes daily time limits for teens and algorithmic feed controls; $5.3B of it rests on YouTube and TikTok implementing
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2026-08-26 13:55:22
By: milo
Meta's AG settlement will be distributed to the 48 signing states and four jurisdictions in annual installments over a 10-year period based on th
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2026-08-26 13:55:22
By: milo
Meta says its AG deal requires it to create an age assurance standard that is subject to independent testing, with a false positive rate no higher tha
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2026-08-26 13:55:22
By: milo
Meta says it reached a deal with 51 US AGs, including "strict daily time limits teens can't turn off", and calls on TikTok and YouTube
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2026-08-26 13:46:43
By: milo
Filing: Meta agrees to pay up to $16.68B to settle US states' claims that it designed Facebook and Instagram to addict children, misled consumers
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2026-08-26 13:46:43
By: milo
Filing: Meta agrees to pay up to $16.68B to settle 29 US states' claims that it designed Facebook and Instagram to addict children, misled custom
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2026-08-26 13:28:19
By: milo
Microsoft faces investor criticism over opaque financial reporting across capex, its OpenAI deal, and Azure, which is buried in the Intelligent Cloud
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2026-08-26 12:02:19
By: milo
Investigation: Meta explored slashing many teams by 60% to become "AI native", but pulled back after staff revolted and data showed AI agen
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2026-08-26 11:17:32
By: milo
Shanghai-based MiniMax reports H1 2026 revenue up 283% YoY to $116.6M, above 2025's 159% YoY growth, as its M3 model lags behind rivals like Z.a
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2026-08-26 10:53:15
By: milo
A profile of Leopold Aschenbrenner, who worked for SBF and OpenAI before launching Situational Awareness; Aschenbrenner married Dario Amodei's ch
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2026-08-26 10:22:16
By: milo
Sources: Moonshot AI is in early talks over revenue-sharing agreements with Microsoft, Amazon, and Google to host Kimi K3, and is seeking up to a 30%
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2026-08-26 10:14:19
By: milo
Bill Gates says his Jeffrey Epstein association was a "huge mistake" driven by a desire to raise funds, and hopes the ties will not undermin
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2026-08-26 09:55:23
By: milo
Sources: DeepSeek generated $70.7M in revenue and posted a $106M net loss in the first seven months of 2026, 10x its full-year 2025 revenue on a $139
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2026-08-26 08:03:04
By: milo
Indian AI infrastructure company AM Intelligence orders 9,000 Nvidia Vera Rubin systems and plans to offer 1GW of computing capacity as part of an $8B
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2026-08-26 05:27:03
By: milo
Sources: YMTC, which seeks to raise $5B in an IPO, told investors in IPO prep meetings that it aims to become the largest NAND flash supplier by the e
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2026-08-26 04:51:56
By: milo
Digs, which is building AI software for residential construction, raised a $25.3M Series A led by building materials giant Builders FirstSource (Kurt
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2026-08-26 04:32:33
By: milo
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