Engadget : Business

The stench of Cambridge Analytica is still hovering over Facebook, as parent Meta just agreed to pay 311,000 Australian users AUD $50 million ($31.7 million) over the scandal.

Engadget : Crypto, Politics

The US Supreme Court dismissed an NVIDIA case it previously agreed to hear as “improvidently granted.” In other words: “Oops, we never should’ve taken this one.” The decision lets most of the lawsuit, brought by shareholders against the chip maker, proceed.

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Another day, another case of the European Commission going after big tech for targeting minors. The bloc's regulators have probed Google for more information on a secret ad partnership with Meta that targeted Instagram ads at minors on YouTube, the Financial Times reports

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Elon Musk’s attorneys filed for an injunction against OpenAI and Microsoft on Friday accusing the two of anticompetitive practices and seeking to stop OpenAI’s conversion to a for-profit company.

Engadget : Business, Technology

Canada's antitrust watchdog is suing Google to force the breakup of the company’s ad tech unit. In a statement published Thursday, during the US Thanksgiving holiday, the Competition Bureau said a “thorough” investigation had found that Google had abused its dominant position in programmatic web advertising to “maintain and entrench its market power.”

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Four years after Tesla filed a lawsuit against Rivian alleging that the company poached its employees with a goal of obtaining trade secrets, the two appear to be nearing a resolution.

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Stephen Hawking told Last Week Tonight’s John Oliver a chilling but memorable hypothetical story a decade ago about the potential dangers of AI. The gist is a group of scientists build a superintelligent computer and ask it, “Is there a God?” The computer answers, “There is now” and a bolt of lightning zaps the plug preventing it from being shut down.

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The US Consumer Financial Protection Bureau (CFPB) is no longer regulating just banks, now supervising Apple and other companies offering digital wallets and payment apps.