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29.03.26 - 14:54
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Meta the Defendant (WSJ EN)
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Plus, Apple's autocorrect fix, Sora's untimely demise, Nvidia's iron grip on the AI industry and the 10-year feud shaping AI's future....
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29.03.26 - 12:18
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How Meta′s victim-blaming failed to sway jurors in landmark social media addiction trial (The Guardian)
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Aggressive strategy and loss in the trial highlight a problem for tech firms: a widespread distrust of social media companiesWhen Meta, the parent company of Facebook and Instagram, sought to defend itself in the landmark social media addiction lawsuit alleging its products caused personal injury to a young user, it went on the offensive. The mental health problems that the 20-year-old known as KGM suffered since she was a child were not the result of exposure to harm on Instagram, Meta's lawyers and public relations team argued, but instead linked to her mother's parenting and her offline social problems.In a bench memo filed before the trial began, lawyers for Meta quoted excerpts from KGM's teenage text messages, personal writings and social media posts complaining about her mother. They combed through therapy notes and called on doctors to testify to examples of personal conflict. Throughout the proceedings, Meta's communications team sent reporters repeated updates from the trial and quotes from ...
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28.03.26 - 07:30
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′The era of invincibility is over′: the week that brought big tech to heel (The Guardian)
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Ruling that Meta and YouTube deliberately designed addictive products marks possible watershed moment for social mediaThe young woman at the heart of what has been called the tech industry's “big tobacco” moment was on YouTube at six and Instagram by nine. More than a decade later, she says, she still can't live without the social media she became addicted to.“I can't, it's too hard to be without it,” Kaley, now 20, told a jury at Los Angeles' superior court. This week, five men and seven women handed down a verdict on the design of two of the world's most popular apps that vindicated Kaley's position. Continue reading......
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28.03.26 - 01:36
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The Guardian view on social media in the dock: tech bros move fast – society is trying to catch up | Editorial (The Guardian)
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Two court cases have shown how companies can be forced to take responsibility for their impact on public healthDebate about online harms has tended to focus on abusive and hateful content. But the form in which content is delivered is at least as important. That point is central to this week's momentous decisions against Meta and YouTube, by two US juries. It will take more than these cases to loosen big tech's tight grip on much of the world's attention. But the fact that both companies were found liable in California, for deliberately designing addictive products that harmed a child, is a massive win for the coalition of campaigners aiming to use the US courts to force the platforms to change their products.The second case against Meta, in New Mexico, found it liable over the use of Facebook and Instagram for child sex trafficking, with a Guardian investigation cited in the complaint. The jury ordered it to pay $375m in civil liabilities; the state's attorney general is seeking platform changes and ...
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27.03.26 - 22:06
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Covalon Announces Grant of Deferred Share Units (Business Wire)
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MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, has announced that the Company has granted an aggregate of 97,674 Deferred Share Units (“DSUs”) to four of its non-employee directors that elected to receive all or a portion of their annual directors' fees for fiscal year 2026 in DSUs as opposed to cash.
The DSUs were granted under the Company's Amended and Restated Omnibus Long-Term Incentive Plan adopted effective on March 25, 2026. The DSUs will vest 12 months from the date of grant. The deemed value for the DSUs was calculated using the last closing price of the Company's common shares on the TSX Venture Exchange prior to the date of grant, being $1.72 multiplied by the number of DSUs awarded.
Those interested in learning more about Covalon can visit www.covalon.com or follow Covalon on LinkedIn, Facebook, Instagram, or X.
About Covalon
Covalon is a leading MedTec...
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