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    Google, Meta, TikTok sue to block California youth social media law

    The law, known as Assembly Bill 1709, prohibits such platforms from offering underage children "psychologically exploitative features" that could lead to compulsive use, such as providing personal recommendations and sending videos through autoplay features. It also requires the deletion of children's accounts with those features.

    Tech under pressure on AI jitters, dollar slips: Markets wrap

    South Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest close since April. MSCI Inc.’s Asia Pacific Index fell 1%, diverging from Monday’s tech-led gains on Wall Street.

    Meta bans TikTok ads on its platforms in US

    Meta has implemented an immediate ban on advertisements from ByteDance across its platforms in multiple countries. This decision affects various locations including the US, Canada, and Japan. The ban also targets related third-party advertisements referencing TikTok and other ByteDance services. In response to this rivalry, Meta asserts that it will continue competing on quality and user experience. TikTok has yet to publicly comment on Meta's advertising ban and actions.

    Facebook pilots Reels-centric home feed in India

    In an exciting move, Facebook has launched a trial for a Reels-focused feed in India, aiming to boost video content engagement. Users will immediately encounter full-screen videos upon opening the app, although an opt-out option is available. This initiative aligns with Meta's goal to enhance video viewing on its platform, noting that Reels have gained immense popularity among Indian users, echoing similar trials in countries like South Korea.

    A reckoning on social media addiction came late for many kids. Will AI safety be different?

    When Meta agreed to changes to its social media platforms and enhanced safeguards in an $18 billion settlement, it made progress by "getting at what we've known for years" about the dangers, said Kristin Bride, a parent advocate who has fought for social media reform since the death of her teenage son. "How are we going to get at what we don't know is coming?"

    TikTok agrees to teen limits in US settlement following Meta

    A trial had been set to begin Monday in the southern US state over claims by Alabama that TikTok misled parents about tools meant to shield children from harmful content.

    The Economic Times
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