German Advocacy Group Files Complaint Over Meta AI Glasses A German digital rights group has filed a criminal complaint against Meta and other companies selling the technology group’s AI glasses in Germany, arguing that the devices breach privacy laws. Digital rights organisation HateAid said on Wednesday that the launch of the Ray-Ban Meta Wayfarer, in particular, violated German digital privacy rules. The complaint adds to growing legal scrutiny in a country where privacy rights are highly valued. “There’s no place to escape from smart glasses. You have to expect at any moment to be filmed and then exposed on the…
Author: Kanika Sharma
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Americans Back Stricter Social Media Rules For Children, Reuters/Ipsos Poll Finds A bipartisan majority of Americans support stronger government rules for how social media companies operate, including age-verification requirements aimed at keeping younger children off social media, according to a Reuters/Ipsos poll. The poll was conducted over the six days ending August 3. It comes as companies including Meta Platforms and Google’s YouTube face growing legal pressure over how they treat young users. A trial is expected to begin on Wednesday over allegations from state prosecutors that Meta designed its products to addict young users. Meta denies the allegations. The…
The United States on Friday sanctioned an unlicensed multi-state cryptocurrency exchange, alleging that it processed millions of dollars in cryptocurrency for Iran’s elite Islamic Revolutionary Guard Corps (IRGC) and other groups linked to the Iranian state. The designation follows a Reuters investigation published on July 31 that identified the Dubai-based exchange, Shelbit, as a hub in a $4 billion Iranian sanctions evasion scheme. The investigation found that Shelbit moved cryptocurrency on behalf of Iran’s central bank, one of the world’s largest illegal online gambling networks, and addresses that the Israeli government linked to the IRGC. US Sanctions Shelbit Founder The…
New Mexico Court Orders Meta to Pay $567 Million Over Teen Mental Health A New Mexico state court has ordered Meta to pay $567 million into a fund supporting teen mental health and to introduce sweeping changes to how Facebook and Instagram operate for young users. The decision follows a ruling that the company created a public nuisance by harming children’s wellbeing through the design and operation of its social media platforms. Judge Bryan Biedscheid in Santa Fe ruled in favour of New Mexico Attorney General Raúl Torrez, who argued that Meta deliberately designed its platforms to encourage excessive use…
AMD Shares Slide Despite Strong Forecast as AI Growth Expectations Remain High Advanced Micro Devices (AMD) shares fell sharply on Wednesday after the chipmaker’s revenue forecast failed to satisfy investors looking for stronger evidence that the multibillion-dollar artificial intelligence (AI) investment boom will deliver faster growth. The stock dropped 6.6 per cent in early trading, putting the company on track to lose nearly $59 billion in market value. The decline came despite AMD issuing a third-quarter revenue forecast that exceeded analysts’ expectations, underscoring the elevated expectations surrounding the company as competition in the AI chip market intensifies. Investor Expectations Outpace…
Trump Administration Set to Announce Polysilicon Tariffs and Import Price Floors The Trump administration is expected to announce new trade measures targeting polysilicon imports as soon as Thursday, introducing a 15% tariff alongside minimum import prices for a range of products linked to the solar and semiconductor industries, according to sources familiar with the matter. The proposed action is intended to strengthen the position of domestic polysilicon producers amid growing concerns over China’s expanding influence in the global chip supply chain. According to four sources, President Donald Trump’s proclamation is expected to establish minimum import prices for polysilicon, wafers, cells…
Alphabet Reshapes AI Leadership as Demis Hassabis Takes Chief Scientist Role Alphabet has announced a major leadership reshuffle within its artificial intelligence division, with Google DeepMind chief executive Demis Hassabis stepping away from his primary managerial duties as the company seeks to accelerate its AI ambitions. The changes come at a critical moment for Google DeepMind. The flagship version of its latest Gemini model remains unreleased despite an expected June launch, raising concerns among investors and industry observers that Google is losing ground to rivals. Following the announcement, Alphabet shares fell 4%. Hassabis, a Nobel Prize recipient, will become Alphabet’s…
North Korea Rejects Cyber Threat Allegations From US Allies North Korea has accused the United States and its allies of making unfounded allegations about its cyber activities in an effort to damage its image and justify pressure on sovereign states, according to state media KCNA, which cited a spokesperson for the country’s foreign ministry. The spokesperson described a recent US-led joint warning about alleged North Korean cyber threats as a politically motivated accusation. Furthermore, the statement criticised the Multilateral Sanctions Monitoring Team (MSMT), a sanctions monitoring mechanism established by the United States and its partner countries. Response to Joint Cyber…
Apple Restores Telegram App After Brief App Store Removal Apple briefly removed the Telegram messaging app from its App Store after a review identified content that breached its guidelines prohibiting child sexual abuse material. The company said it restored the app after the developer acted quickly to address the issue. According to Apple, the developer removed the offending content and banned the user who had posted it. As a result, the app returned to the App Store shortly after the review process concluded. Apple Explains Temporary Removal Apple said the temporary removal followed a review that found content violating its…
Apple Challenges UK Demand for Access to Encrypted User Data Apple has launched a new legal challenge against the British government’s latest attempt to require the company to provide access to encrypted customer data, according to a report by the Financial Times. The report said Apple last month filed a legal complaint with the Investigatory Powers Tribunal, Britain’s independent judicial body, challenging a demand from the Interior Ministry that the company allow access to encrypted cloud backups belonging to British users. Apple did not immediately respond to a Reuters request for comment on the report. Legal Dispute Over Encryption According…