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Meta to be sued as US states’ claims it hooked kids on platforms

Meta to be sued as US states’ claims it hooked kids on platforms

by AIP Online Bureau | Oct 16, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

The attorneys general have alleged that despite research showing Facebook and Instagram use is associated with depression and other mental health issues, Meta won’t remove the platforms’ harmful features Meta Platforms Inc must face a lawsuit by dozens of state...
Meta to be sued as US states’ claims it hooked kids on platforms

Meta to pay $1.4 billion to settle Texas facial recognition data lawsuit

by AIP Online Bureau | Jul 31, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

The lawsuit, filed in 2022, was the first major case to be brought under Texas’ 2009 biometric privacy law, according to law firms tracking the litigation. A provision of the law provides damages of up to $25,000 per violation. Texas accused Facebook of capturing...

Apple, Google, Meta targeted in EU’s first Digital Markets Act probes

by AIP Online Bureau | Mar 25, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

The European Union law, effective from March 7, aims to challenge the power of the tech giants by making it easier for people to move between competing online services like social media platforms, internet browsers and app stores. That should in turn open up space for...
Apple, Meta, Google set to face EU Digital Markets Act probes, sources say

Apple, Meta, Google set to face EU Digital Markets Act probes, sources say

by AIP Online Bureau | Mar 22, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

Digital Markets Act breaches could cost the companies as much as 10% of their global annual turnover. The landmark EU tech rule requires the companies to give users and rivals more choices to ensure a level playing field Apple, Meta Platforms and Alphabet’s...
Meta to be sued as US states’ claims it hooked kids on platforms

Meta to operationalise Elections Centre; to curb misinformation, misuse of AI-made content

by AIP Online Bureau | Mar 20, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology

The social media giant said the India-specific Elections Operations Centre will bring together experts from across the company from intelligence, data science, engineering, research, operations, content policy and legal teams, to identify and mitigate threats in...
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