The case centered on claims that Meta misled Facebook users about data privacy in connection with the Cambridge Analytica scandal. Jurors found more than 43 million consumer protection violations. Cambridge Analytica harvested Facebook data to target political advertising for the 2016 election, according to The Economic Times.
Quartz reports the penalty was reduced from $219.5 billion.
The security release is scheduled for October 21 at 14:00 UTC, and administrators are being urged to prepare to upgrade. The vulnerabilities could allow remote code execution. Organisations unable to patch quickly should consider taking affected websites offline, according to an EU cybersecurity response team warning reported by The Next Web.
BleepingComputer reports that information about the flaws leaked ahead of scheduled disclosure.
The shutdown ends development of the next Mass Effect game at the studio behind that series and Dragon Age. Roughly 50 of the affected jobs are at the Edmonton-based developer.
The new stock would allow Meta to raise capital while preserving Mark Zuckerberg’s voting control. The company reported third-quarter revenue of $64.6 billion, up 26% from a year earlier, and its cash flow turned negative amid increased AI spending, according to The New York Times.
The assistant can flag items needing attention, manage tasks across connected apps and continue working while users are away. It runs on iOS, Android and the web, with access initially limited to US subscribers.
GM is turning to artificial intelligence and autonomous driving as it seeks to compete with Chinese automakers. Its fourth-generation EV platform will introduce a central computer and electrical architecture in the Cadillac Escalade IQ in 2028, according to TechCrunch.
Atreides Management led the Swedish legal AI startup’s Series E round, with new investors including Baron Capital, Capital Group, Fidelity Management & Research Company and Glade Brook Capital Partners. The funding will support expansion into new markets, according to Bloomberg.
SAP SE reported higher growth for its cloud products than anticipated in a sign that the boom in artificial intelligence hasn’t undermined demand for the German software maker’s offerings.
Texas Instruments Inc., the biggest maker of analog and embedded processing chips, gave a strong revenue forecast for the current period, lifted by demand from automotive and industrial customers.
Walmart’s technology lets third-party AI agents buy products on customers’ behalf, taking a different approach from Amazon’s efforts to block such shopping.
Advanced Shader Delivery aims to reduce shader compilation stutter by supplying precompiled shaders for supported games, including Call of Duty: Modern Warfare 4 and Gears of War: E-Day.