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Tech

Products, platforms, chips, and the companies behind them. Reporting about technology rather than marketing for it: launches, outages, acquisitions, and regulation, minus the deal roundups and affiliate listicles.

Latest stories: Tech

Tech giant Meta ordered to pay nearly $1 billion in landmark trial

A New Mexico court has ruled that Meta, the parent company of Facebook, must pay nearly $1 billion in penalties for failing to protect children on its platforms. The landmark trial marks a significant shift in the way tech companies are held accountable for their impact on users. The court's decision comes as hundreds of other lawsuits are being filed against Meta and other social media companies. Experts say the ruling could lead to changes in the way social media companies design their products and prioritize user safety.

ITV News

Crypto Seeks New Growth Engine in AI Agents

Some major crypto companies are betting on AI agents as a new user base, leveraging their ability to operate online and use digital wallets, stablecoins, and blockchain payment networks. This shift marks a change from traditional pitches that focused on crypto as an alternative to traditional money or a way to make payments faster and cheaper. AI agents can automate tasks such as trading and rebalancing portfolios, making them more practical for payments. Industry executives say that traditional banking systems are poorly suited for real-time, machine-to-machine payments.

CNBC
Tech

Texas Suspends Data Center Grid Connections Amid Concerns

Texas Governor Greg Abbott has imposed a moratorium on new power grid connections for data centers to assess their potential impact on the grid and local communities. The decision comes as Texas aggressively courts data center development with incentives and abundant energy resources. Data centers play a significant role in the state's economy, with Texas poised to surpass Virginia as the largest US data center market.

Ars Technica

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