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Meta Agrees to Settle Lawsuit Over Social Media Claims

Meta has agreed to pay up to $16.7 billion to resolve the lawsuit at the center of the trial in Oakland and as part of the settlement, will also put more safeguards in place for users between 13 and 17 years old. Ed Ludlow explains ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Meta has agreed to pay up to $16.7 billion to resolve the lawsuit at the center of the trial in Oakland and as part of the settlement, will also put more safeguards in place for users between 13 and 17 years old. Ed Ludlow explains
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1 Comment

1 Comment

  1. @JesusBwithYou

    August 31, 2026 at 12:53 pm

    More spying? Why don’t they just stop pushing diet or sad content for people with EDs and depression? Notice how it’s just kids, but they will still reprogram adults that have voting power? This is a trojan horse, but most people are not smart and think it’s a “win” as if Qanon wasn’t a thing.

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Bloomberg Technology

AI Anxiety Collides With the Midterms

Artificial Intelligence anxiety is moving from Silicon Valley into the political arena ahead of the midterm elections. Concerns that began with jobs and the enormous sums pouring into AI have spread to increasingly powerful models, with some industry leaders calling for stronger guardrails. Ed Ludlow looks at how those fears are colliding with Washington’s push…

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Artificial Intelligence anxiety is moving from Silicon Valley into the political arena ahead of the midterm elections. Concerns that began with jobs and the enormous sums pouring into AI have spread to increasingly powerful models, with some industry leaders calling for stronger guardrails. Ed Ludlow looks at how those fears are colliding with Washington’s push to maintain America’s AI lead.
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Bloomberg Technology

Bitcoin Is at Beginning a Bull Market, Says Strategy’s Saylor

In an exclusive interview from DC Fintech Week, Strategy founder and Executive Chairman Michael Saylor says Bitcoin is at the beginning of a bull market thanks to favorable regulation and accelerating bank adoption. He speaks on “Bloomberg Crypto.” ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of…

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In an exclusive interview from DC Fintech Week, Strategy founder and Executive Chairman Michael Saylor says Bitcoin is at the beginning of a bull market thanks to favorable regulation and accelerating bank adoption. He speaks on “Bloomberg Crypto.”
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Bloomberg Technology

Chip Selloff Spreads Globally, Apple Makes Smart Home Push

Bloomberg’s Ed Ludlow breaks down the accelerating chip selloff as pressure spreads from Asia to the US. Plus, Apple releases a new line of smart home devices including its HomeView Hub, the centerpiece of its push to challenge Amazon and Google in that space. And, Meta releases a new AI model which it says has…

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Bloomberg’s Ed Ludlow breaks down the accelerating chip selloff as pressure spreads from Asia to the US. Plus, Apple releases a new line of smart home devices including its HomeView Hub, the centerpiece of its push to challenge Amazon and Google in that space. And, Meta releases a new AI model which it says has “frontier capabilities” as it vies to take on OpenAI and Anthropic.

00:00:00 – Bloomberg Tech Begins
00:01:08 – Peter Elstrom, Bloomberg News
00:03:53 – Kristina Hooper, Man Group
00:09:15 – Mark Gurman, Bloomberg News
00:12:41 – Riley Griffin, Bloomberg News
00:17:12 – Nandan Nilekani, Infosys
00:19:40 – Loren Grush, Bloomberg News
00:23:05 – Ryan Vlastelica, Bloomberg News
00:23:49 – Rodrigo Liang, Sambanova CEO
00:33:49 – Tom Linebarger, Mainspring Energy
00:40:28 – Jason Schreier, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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