US states sought $1.4-trillion before trial. Meta Platforms settled for $18-billion and its shares went up.
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Meta has settled US claims for $16.7-billion, agreeing to child curfews. Whether they reach other markets is unclear.
A US jury has ordered Meta to pay $375-million for allegedly enabling child exploitation on its platforms.
South Africa doesn’t need to copy/paste the Australian ban, but it does need a coherent national strategy for child safety online.
Australia on Wednesday became the world’s first country to ban social media for children under 16.
Smart glasses with augmented reality displays and computer vision sound very useful, but the creep factor is doing them in.
South African telecoms operators have been lobbying policymakers and regulators over the “Fair Share” concept.
Mark Zuckerberg sees future social feeds filled with AI content and AI friends. And fuelling this synthetic future will be AI ads.
The tech landscape is pockmarked with many missteps and failures, from IBM’s OS/2 to the recent CrowdStrike disaster.
Meta has launched facial recognition tools aimed at fighting the scourge of scams and account takeovers in South Africa.