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Meta's Settlement Just Changed How Teens Use Instagram A settlement filed today in Oakland federal court will change how teenagers use Instagram and Facebook. Meta agreed to resolve claims from 29 states that it designed its apps to keep kids hooked, misled families about safety, and collected children's data without parental consent. It settled eight days into trial, before any verdict. Meta denies wrongdoing. The number is messier than the headline. Court papers put the payment at up to...
Everyone tracks Big Tech's AI capex. Roughly $600 billion over the past year across nine companies. Big number. Wrong number. The WSJ went through the footnotes of their SEC filings and found ~$3 trillion in additional commitments that don't appear on any balance sheet — about triple what these companies owe in leases and long-term debt combined. And it's growing faster than capex itself. Watch the mechanism in 25 seconds: Big Tech reports $600B in AI capex but holds $3 trillion in...
New AI rules went live in Europe on August 2. The short version: Chatbots now have to tell you they're AI, deepfakes have to be labeled, and fines run to €15 million or 3% of global turnover. The part most coverage missed: the big high-risk obligations got pushed to December 2, 2027. What actually landed now is the disclosure layer—the rules about telling people when content is synthetic. Why this matters to you even outside Europe: if your content reaches European audiences, these rules...