Meta’s settlement puts the onus on parents

The deal relies on parents to uphold the guardrails that limit teens’ access to social media ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Here’s your wrap of the latest must-read tech news. For more expansive and analytical coverage from around the globe, get the Tech In Depth newsletter. Market Snapshot Salesforce Inc $252.05 +23% SK hynix Inc ₩1,699,000 -2.5% Alphabet Inc $340.65 -0.4% Market data as of 07:25 PM ET. Data is subject to provider delays. Your watchlist Top Stories Chip probe: US authorities are investigating Singapore-based Apex Logistics in connection with the smuggling of Nvidia’s artificial intelligence chips to China. The probe is widening to more companies. Power shortage: Germany’s top digital policy official said the country is running short of computing capacity. He wants more data centers. Fab expansions: Memory-chip makers announced plans to build new manufacturing plants to take advantage of booming demand from AI. Kioxia and partner Sandisk will expand in Japan, while SK Hynix cut the ribbon on a site in Indiana. Must Reads Alphabet Loses $700 Billion in Market Value as AI Questions Rise For much of the last year, Alphabet Inc. has been the Big Tech stock to beat as investors bet that it was the most-likely winner from the artificial intelligence boom. The Dream of Quantum Computing Is Both Dead and Alive Companies are racing to create devices that could revolutionize finance, supercharge medical and climate research — and might also cause major new cybersecurity vulnerabilities. Nvidia Sales Forecast Sends Shares on Biggest Rally Since 2025 Nvidia Corp., the chipmaker at the heart of the artificial intelligence boom, projected sales growth of 70% for the next fiscal year, sending its shares on their biggest one-day rally since April 2025. Beyond The Brief Meta Platforms’ settlement with state attorneys general calls for built-in tools to limit teens use of the company’s apps such as Facebook and Instagram. But it still relies on parents to police their kids, Ed Ludlow writes in today’s Tech In Depth. Teens will find work-arounds, experts say, and the company doesn’t go far enough to relieve the pressure on parents to negotiate with their children about how much social media is too much, he writes. Get the Tech In Depth newsletter for analysis and scoops about the business of technology from Bloomberg’s journalists around the world. This Week In Soundbite The qualities that make some creators successful and valuable podcasters — think Ashley Flowers and Alex Cooper — are the same qualities that make it hard to delegate and build a company, Ashley Carman writes in this week’s Soundbite. The longevity of the operation depends on the individual to continually churn out content, she writes. Sign up for the Soundbite newsletter to get exclusive reporting on podcasting, the music industry and audio trends from Ashley Carman. Before You Go... Hugging Face Unveils $400 Singing, Skating Duck-Like Robot Artificial intelligence platform Hugging Face Inc. unveiled a singing $400 bipedal robot that can be taught tricks, the latest in the company’s ongoing effort to make AI and robotics more approachable to the general public.The cute robot — aptly named Microduck — takes clear inspiration from its namesake bird, except that it has only one eye. It will go on sale later this year, Hugging Face said Thursday, making it the second robot from the company. Read more We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow Us You received this message because you are subscribed to Bloomberg’s Tech In Brief newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |