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Google and Meta denied new trial in youth social media addiction case

Google and Meta denied new trial in youth social media addiction case June 10 : A California state court judge has denied motions by Meta Platforms and Google's YouTube seeking a new trial after a jury found the companies liable for designing social media platforms that are harmful to young people. Los Angeles Superior Court Judge Carolyn Kuhl ruled on the motions on Tuesday, according to court documents. The companies had sought a new trial in a lawsuit filed by a woman who said she became...

Channel News Asia 6h ago

Federal data on H-1B visa application shows decline in filings by Google, Meta, Amazon

Federal data reveals a sharp divide in how the tech companies are approaching the H-1B visa program. According to a report by Business Insider, while Google, Meta and Amazon have cut back on the filings for new hires, AI giants like Anthropic, OpenAI and chipmaker Nvidia are expanding their use of the program. Out of all the major tech companies, Anthropic recorded the biggest year-over-year percentage increase, with certified applications rising to 59 in Q2 2026 from just 10 a year ago.

Times of India 1d ago

Microsoft AI CEO: My team is 'more concerned' about Anthropic, than Google, Meta and OpenAI

Microsoft’s artificial intelligence (AI) chief, Mustafa Suleyman, has revealed that his team is more focused on beating rival AI lab Anthropic and not Google, Meta or even its close partner OpenAI. Speaking at Microsoft’s Build developer conference, Suleyman explained that Anthropic’s aggressive push into business software and coding tools poses a direct threat to Microsoft's core corporate empire when compared with consumer-centric giants. “We’re more focused on the Anthropic-style which is...

Times of India 6d ago

Meta and Google found negligent in social media addiction trial

A jury in California has concluded that Meta and Google intentionally built addictive social media platforms, in a case brought by a 20-year-old woman who said her compulsive use of social media as a child led to mental health problems. The woman, known as Kaley, has been awarded $6m in damages. The outcome of this trial is likely to have implications for hundreds of similar cases now winding their way through US courts.

BBC Global News Podcast 76d ago

First Google, now Meta? Big Tech may increasingly sell stock to bankroll $820 billion AI boom.

Stock investors may not love it — but bond investors already heavily engaged in funding the AI buildout are pleased.

MarketWatch 4d ago

Meta weighs big equity raising after blockbuster Google deal

Facebook parent could sell tens of billions of dollars in new stock as it seeks to finance AI infrastructure

Financial Times 5d ago

Meta's highest-paid employee’s 'health message' to Anthropic, OpenAI & Google

Meta's highest-paid employee Alexandr Wang has reportedly signaled how the company plans to compete with rivals such as OpenAI, Anthropic and Google in the AI race. In a recent interview, Alexandr Wang said that the future Meta AI models will stand out because of their health-related capabilities. Speaking at the Bloomberg Tech conference in San Francisco, Wang said health will play a major role as Meta develops larger and more advanced AI models.

Times of India 5d ago

Tech billionaires are spending unprecedented sums in California races. Experts say it’s the tip of the iceberg

From Google co-founder Brin spending $66m to fight a billionaire tax to Google and Meta funding a joint Super Pac, Silicon Valley is engaged in an existential fight for its political power at homeTech billionaires have shelled out hundreds of millions of dollars ahead of the 2 June primary election in California, in an unrivaled attempt to influence who gets to run the state that Silicon Valley calls home. The industry has used a cover-all-bases approach, funding candidates and ballot...

The Guardian Business 9d ago

Tech billionaires are spending unprecedented sums in California races. Experts say it’s the tip of the iceberg

From Google co-founder Brin spending $66m to fight a billionaire tax to Google and Meta funding a joint Super Pac, Silicon Valley is engaged in an existential fight for its political power at homeTech billionaires have shelled out hundreds of millions of dollars ahead of the 2 June primary election in California, in an unrivaled attempt to influence who gets to run the state that Silicon Valley calls home. The industry has used a cover-all-bases approach, funding candidates and ballot...

The Guardian Tech 9d ago