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Meta fined $567m in largest child safety ruling against social media giant
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Meta fined $567m in largest child safety ruling against social media giant

A New Mexico judge ordered the Instagram, Facebook and Whatsapp parent company to pay another $567m for the way it has harmed children.

Latest Dispatches

US refunds $100bn of Donald Trump’s ‘liberation day’ tariffs nemzetkozi-gazdasag

US refunds $100bn of Donald Trump’s ‘liberation day’ tariffs

More than half of tariff income refunded after supreme court ruled Trump’s levies were illegal Business live – latest updates The Trump administration has refunded about $100bn from the tariffs it collected before the US supreme court ruled them illegal, according to reports. The $100bn (£74bn) figure, which represents 60% of the total $165bn collected from Donald Trump’s “liberation day” tariffs, was reported by customs officials to the US court of international trade (CIT) on Tuesday, according to the Financial Times. Continue reading…

Business | The Guardian
What happened to the internet? nemzetkozi-gazdasag

What happened to the internet?

Faced with a barrage of ads, misinformation, AI slop, toxicity and doom-scrolling, it can feel like the internet is kind of… broken. Is it? And what are the alternatives?

BBC News
‘If we don’t fight back, we don’t have a future’: the journalist taking on the ‘tech fascists’ of Silicon Valley nemzetkozi-gazdasag

‘If we don’t fight back, we don’t have a future’: the journalist taking on the ‘tech fascists’ of Silicon Valley

As Elon Musk, Peter Thiel and their peers have grown richer and more influential, Gil Durán argues they have all but abandoned democracy – and found the perfect government to enable them In April, Gil Durán was permanently banned from Elon Musk’s X for posting just two words. Durán was responding to a post from the tech company Palantir outlining its 22‑point “technological manifesto”, which praised American “hard power”, western culture and AI weapons, denounced inclusivity and called for compulsory national service. Durán responded: “TLDR: Fascism” (TLDR is short for “too long, didn’t read”). Durán didn’t break any of X’s written rules, he points out over a video call from San Francisco – so much for Musk’s “free-speech absolutism”. His ban might just have had something to do with his preceding tweet, showing the cover of his new book, The Nerd Reich: Silicon Valley Fascism and the War on Democracy. The book’s central argument is that big tech is no longer our friend, as many of its billionaire owners have seized economic and political control and are steering the fate of the planet towards their own bizarre, apocalyptic visions. Continue reading…

Business | The Guardian
How the French government is convincing banks to loan to Le Pen's campaign nemzetkozi-gazdasag

How the French government is convincing banks to loan to Le Pen's campaign

A consortium of banks should allow far-right candidate Marine Le Pen to obtain a loan in France. In past campaigns, she took loans from Russian and Hungarian establishments after French banks were reluctant to be associated with her.

Economy : Latest news on Le Monde.fr.
Democracy is at stake when foolish humans bet on machines being intelligent | Rafael Behr nemzetkozi-gazdasag

Democracy is at stake when foolish humans bet on machines being intelligent | Rafael Behr

We need an enlightened US president to make the case for global AI regulation. Donald Trump is the exact opposite of what is needed When I am woken by the sound of my dog whining, I understand that she is hungry and wants me to get up. When my alarm clock goes off, I don’t consider its needs. It is following an instruction to rouse me at a certain time but it doesn’t care if I stay in bed. It doesn’t try to get me up by other means. The dog, on the other hand, will go to plan B. She barks. This capacity for autonomous action was once a difference between animals and machines. AI has blurred the line. Advanced models devise their own strategies to reach a goal. The task might be defined by a human master, but the machine weighs its options for delivery. It can make its own choices. Given rules, it can break them. Continue reading…

Business | The Guardian