Malaysia may ban users under 16 from social media starting next year
The country’s communications minister Fahmi Fadzil said the administration is considering systems for implementing age restrictions on social media sites.
Revolut hits $75B valuation in new capital raise
The deal was led by Coatue, Greenoaks, Dragoneer and Fidelity. Investors including Nvidia’s NVentures, Andreessen Horowitz, Franklin Templeton, and other backers advised by T. Rowe Price Associates also participated.
Adobe to buy Semrush for $1.9 billion
Adobe said it would offer $12 per share for Semrush, almost double the latter’s closing price of $6.89 on Tuesday, before news of the deal.
Jeff Bezos reportedly returns to the trenches as co-CEO of new AI startup, Project Prometheus
Amazon’s founder Jeff Bezos seems to be getting his hands dirty once again: the billionaire is partly backing a new AI startup called Project Prometheus that has raised $6.2 billion in funding, and will take…
German court rules Google must pay €572M for violating antitrust rules in price comparison sector
A German court has found that Google has abused its dominant market position in the price comparison sector, ruling that the company must pay a total of €572 million ($665.6 million) in damages to two…
EU launches antitrust probe into how Google’s anti-spam policy affects publishers’ search rankings
The Commission said on Thursday that it had identified that Google is using its spam policy to push news media and other publishers’ websites and content lower in search rankings when they include content from…
EU launches antitrust probe into how Google’s anti-spam policy affects publishers’ search rankings
The Commission said on Thursday that it had identified that Google is using its spam policy to push news media and other publishers’ websites and content lower in search rankings when they include content from…
Meta’s chief AI scientist Yann LeCun reportedly plans to leave to build his own startup
Yann LeCun, a chief AI scientist at Meta, is planning to leave the company to build his own startup, which will focus on continuing his work on world models.
Texas AG sues Roblox, accusing it of prioritizing ‘pixel pedophiles’ over child safety
Texas Attorney General Ken Paxton late on Thursday said he had sued online gaming platform Roblox, accusing the company of “deceiving parents about the dangers of its platform.”
SoftBank, OpenAI launch new joint venture in Japan as AI deals grow ever more circular
SoftBank’s joint venture with OpenAI that will localize and sell the AI company’s enterprise tech to companies in Japan. And the first customer of this joint venture is going to be SoftBank itself.