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Settlement in Meta Privacy Suit Spares Board Members Zuck, Sandberg, and Thiel From Testifying

Settlement in Meta Privacy Suit Spares Board Members Zuck, Sandberg, and Thiel From Testifying

Gizmodo6 days ago
An $8 billion shareholder lawsuit against Meta over the Cambridge Analytica scandal ended in an undisclosed settlement on Thursday. The settlement, which came at the last minute as a trial was getting underway, saved high-ranking members of Meta's board from having to testify under oath about their roles in those alleged violations.
The lawsuit, which was originally filed in 2018, asked the defendants to use billions of their personal wealth to compensate for the financial damages it accused them of inflicting on the company due to the privacy scandal, Reuters reports. The defense said that the lawsuit offered 'extreme claims' and denied the allegations, the outlet writes.
On Thursday, as the trial was set to continue, a settlement was announced by Sam Closic, a lawyer representing the plaintiffs. France24 reports that the agreement 'came together quickly' and spared past and present Meta board members from having to testify under oath before the court. Those board members included Meta CEO Mark Zuckerberg, as well as venture capitalists Peter Thiel and Marc Andreessen, both of whom have played pivotal roles at the company. Sheryl Sandberg, who left Meta in 2022 and left its board last year, would have also had to testify. Had the settlement not been reached, Andreessen would have begun his testimony on Thursday.
The tail of the Cambridge Analytica scandal has obviously been long. The scandal, the events of which occurred in 2016 and involved violations of Facebook's privacy policy by a defense contractor specializing in psychological warfare, first made headlines all the way back in 2017. Since then, the company has weathered ongoing controversy, terrible press, and lawsuits. It was also the beginning of a rough string of years for the company, with other controversies—like the Facebook Papers—popping up during the same period. Amidst these various scandals, Facebook changed its name to Meta in 2021. In the end, it's still a massively profitable company that arguably faces less oversight under the second Trump administration than it ever has before.
A trial could have shed further light on the internal workings of Meta, as well as the leadership decisions surrounding the Cambridge Analytica scandal and its fallout. The details of the settlement were not shared in court. Gizmodo reached out to Meta for more information. Reuters has reported that a representative for the defendants declined to comment.
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Online Safety Act: what are the new measures to protect children on social media?
Online Safety Act: what are the new measures to protect children on social media?

Yahoo

time42 minutes ago

  • Yahoo

Online Safety Act: what are the new measures to protect children on social media?

Technology platforms operating in the UK now have a legal duty to protect young people from some of the more dangerous forms of online content. This includes pornography, content that encourages, promotes, or provides instructions for violence, promotion of self-harm and eating disorders. Those failing to comply face hefty fines. Until now, parents have had the unenviable role of navigating web content filters and app activity management to guard their children from harmful content. As of 25 July 2025, the Online Safety Actputs greater responsibility on platforms and content creators themselves. In theory, this duty requires tech organisations to curb some of the features that make social media so popular. These include changing the configuration of the algorithms that analyse a user's typical behaviour and offer content that other people like them usually engage with. 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Read more: If enforced, the Online Safety Act may not only restrict access to pornography and other recognised extreme content, but it could also help stem the flow of knife sales. Research shows exposure to knife crime news on social media is linked to symptoms similar to PTSD. Research by one of us (Charlotte Coleman) and colleagues has previously shown that negative effects of seeing knife imagery may be more severe for girls and those who already feel unsafe. Even on strongly regulated platforms, though, some harmful material can seep through the algorithm and age checks net. Active moderation is therefore a further requirement of the act. This means platforms need to have processes in place to look at user-generated content, assess the potential harm and remove it if appropriate to ensure swift action is taken against content harmful to children. 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Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK's latest coverage of news and research, from politics and business to the arts and sciences. This article is republished from The Conversation under a Creative Commons license. Read the original article. Charlotte Coleman has previously received funding from UKRI to understand the negative online experiences of UK police staff. Jess Scott-Lewis does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Billionaire Dan Loeb Sold Third Point's Entire Stake in Meta Platforms and Has Piled Into a Market Leader Whose Addressable Market Can 25X in a Decade
Billionaire Dan Loeb Sold Third Point's Entire Stake in Meta Platforms and Has Piled Into a Market Leader Whose Addressable Market Can 25X in a Decade

Yahoo

time42 minutes ago

  • Yahoo

Billionaire Dan Loeb Sold Third Point's Entire Stake in Meta Platforms and Has Piled Into a Market Leader Whose Addressable Market Can 25X in a Decade

Key Points Form 13Fs provide a quick and easy way for investors to track the quarterly buying and selling activity of Wall Street's leading money managers. Surprisingly, billionaire Dan Loeb dumped his fund's entire position in Meta Platforms during the March-ended quarter. Third Point's billionaire investor also grabbed 1.45 million shares of Wall Street's hypergrowth artificial intelligence (AI) stock. 10 stocks we like better than Nvidia › Between earnings season -- the six-week period every quarter where a majority of the most-influential businesses report their operating results -- economic data releases, and updates from the Trump administration, keeping up on market-moving news events can be challenging for investors. In fact, it's easy for something of importance to slip through the cracks. 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Billionaire Dan Loeb Sold Third Point's Entire Stake in Meta Platforms and Has Piled Into a Market Leader Whose Addressable Market Can 25X in a Decade was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Chan Zuckerberg Initiative Introduces New GREmLN Model For Genetics
Chan Zuckerberg Initiative Introduces New GREmLN Model For Genetics

Forbes

timean hour ago

  • Forbes

Chan Zuckerberg Initiative Introduces New GREmLN Model For Genetics

3D illustration of a DNA molecule with sparkling effects symbolizing complexity and genetic ... More diversity. Futuristic concept of genomics, precision medicine, and computational life sciences. If you've been paying attention to modern research and AI, you know that genetics is a major application of this technology to our lives. Alphafold, for which its founders received a Nobel prize in science, is a major example, but it's just the tip of the iceberg when it comes to what AI is doing in healthcare, and in genetics in particular. This month we have a new announcement from the Chan Zuckerberg Initiative backed by Mark Zuckerberg and Melissa Chan that contemplates a brand new system called GREmLN (Gene Regulatory Embedding-based Large Neural model) for identifying cellular behavior. It may help with cancer research and work on other diseases. Part of the project involves an imaging technique, and assistance in developing software for scientists. There's also what CZ calls a 'single cell data set' of 1 billion cells, developed with 10X Genomics and Ultima Genomics. From reading documentation, it sounds like what this means is that teams assembled data on no less than a billion cells, in order to build a collective model of what an average cell would look like and how it would function. The new model, scientists suggest, can help to characterize genetic drivers of disease, and find new ways to restore diseased cells to health. Four Major Goals and Challenges Amongst the announcement of this ground-breaking resource, spokespersons at CZ identify four broader objectives scientists are reaching for: One involves building an AI-based virtual cell model – which GREmLN is presumably instrumental in. Another is 'developing novel imaging technology to map, measure and model complex systems,' which sounds like a similar type of exercise. Reportedly, the teams also hope to figure out how to directly sense inflammation in the body, and to harness the human immune system for various kinds of immunotherapy. Parsing these objectives further, you can see how the new GREmLN model will drive research on what the CZ Institute calls 'molecular logic' or the study of how parts of a cell interact or work together. What are Biohubs? A press release from Chan Zuckerberg also mentions the creation of Biohubs as laboratories fueling collaborative development, or, in the words of spokespersons, 'cross-disciplinary research institutions.' ChatGPT provides a definition of a Biohub, and points out that the Chan Zuckerberg Biohubs are not the same as a series of Biohubs developed by the World Health Organization. 'Biohubs are collaborative research centers designed to accelerate breakthroughs in biomedical science by fostering interdisciplinary cooperation, sharing resources, and facilitating innovation,' the model notes. 'Typically established through partnerships between universities, research institutions, healthcare providers, government agencies, and industry leaders, Biohubs aim to address complex biological and medical challenges by combining expertise across biology, medicine, engineering, computing, and data science. … Prominent examples include the Chan Zuckerberg Biohub, which unites Stanford, UCSF, and UC Berkeley researchers to tackle infectious diseases and advance biomedical knowledge through open science.' Of the WHO Biohubs: 'A totally separate WHO initiative aimed at sharing biological materials (like virus samples with pandemic potential) among member states… So, while (CZ Biohubs and WHO Biohubs) share the 'Biohub' name, their missions, governance, and affiliations are entirely distinct.' The concept, however, is the same – scientists are banding together to do more innovative work on cell structure, for example, in nucleus and mitochondria DNA. A little research shows some of the distinctions between different types of DNA present in a cell. A lot of the DNA is isolated in the nucleus of the cell, but there's also mitochondria, less attached to that central cluster. Literature Weighs In Fans of Madeleine L'Engle's youth fiction in the 1980s will note that her work explored the idea of subcellular entities and their impact on macroscopic systems. Just for fun. I ask ChatGPT about L'Engle's impact on modern cellular and genomic research. 'Madeleine L'Engle's work didn't explicitly prefigure specific contemporary research into genetics or mitochondria, but her writing, particularly A Wrinkle in Time (1962), A Wind in the Door (1973), and the rest of her Time Quintet, did anticipate broad scientific and philosophical themes related to cellular biology, mitochondrial function, interconnectedness, and universal harmony,' the model said. 'In A Wind in the Door, for instance, L'Engle explores the concept of 'farandolae,' fictional microscopic entities within mitochondria, whose harmony or disharmony directly affects the health of living organisms and even the universe. Her vision captured a holistic view of biology, recognizing mitochondria as fundamental life engines, long before mainstream science widely emphasized mitochondria's central role in health, aging, and diseases.' How many readers remember the farandolae, which L'Engle characterized in promoting a kind of social symbiosis that was a more prominent idea in a less data-driven age? 'The young farandolae cannot fill an adult role, so they maintain a parasitic existence on the adult farae,' writes a poster on Literature Stack Exchange, where human readers get together to ruminate on different aspects of a text. 'In fact, so long as they are under the influence of the Echthroi, they revel in their parasitism. It is all taking and no giving…' In any case, ChatGPT provides this summary: 'Though not predictive in a literal scientific sense, L'Engle's imaginative storytelling prefigured ideas in modern genetics and mitochondrial research—particularly notions of cellular symbiosis, bioenergetics, systemic interconnectedness, and the vital relationship between microscopic structures and macrocosmic health.' Driving Further Change It's easy to see how these partnerships will allow scientists to work more proactively on disease solutions. I thought this news was worth covering as we move through a banner year for artificial intelligence in healthcare. We are finding use cases everywhere, from diagnosis, to scheduling, to the kinds of research that support these clinical solutions. That's a feather in AI's cap. However, we just might still have a place for the philosophical, sometimes fictional portrayal of such systems, as in L'Engle's work that leans more into the speculative than the technical approach. What do you think?

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