According to internal documents reviewed by Reuters, Meta estimated that 10% of its 2024 sales came from scam and fraudulent advertisements. That translates to roughly $16 billion in revenue from promotions for illegal casinos, investment schemes, and banned medical products.
Senators Hawley and Warner introduced legislation requiring companies to report AI-related layoffs. October job cuts hit 153,074, the highest in over 20 years. Machine learning engineers are the fastest-growing role while creative jobs decline.
Scott Galloway credits his $155 million exit and $12 million donation to UCLA to California’s public university system. The NYU professor argues America has abandoned its commitment to social mobility in favor of educational exclusivity. His story highlights what’s lost when we stop betting on avera
Meta reportedly projected $16 billion would come from scam and banned goods advertisements, according to internal documents. The company faces SEC investigations while Zuckerberg’s wealth ranking drops amid stock declines.
Australia’s first state-based inquiry into pornography’s impacts rejects simple narratives, finding content isn’t inherently harmful. The report reveals young Australians first access porn around age 13, with accidental exposure happening even earlier at age 11 on average.
American healthcare giants are reporting declining sales and profits while China’s life sciences sector is booming. Chinese firms now account for 32% of global drug-licensing deals and are producing half of all new molecules entering human trials. The tables have turned in pharmaceutical innovation.
Cloudflare has open-sourced tokio-quiche, their high-performance QUIC library built on Rust and Tokio. The technology already powers critical infrastructure including Apple iCloud Private Relay and handles massive traffic loads with impressive efficiency.
Lordstown, Ohio has officially banned all data center developments following a unanimous Village Council vote. The decision blocks a proposed $3.6 billion facility that would have spanned 1.65 million square feet. An attorney for the developer is already protesting the decision as unlawful.
Ecosmic’s SAFE platform reportedly generated zero false alerts compared to Space-Track’s 268 during a seven-month period. The startup says operators get 12 more hours of lead time for collision avoidance maneuvers.
After nearly three decades confined to arcades, Namco’s 1996 tank battle game Tokyo Wars is getting its first console release. The game originally featured eight-player battles using linked cabinets with air-powered recoil. Now it’s coming to PlayStation, Xbox, and Nintendo systems through Arcade Ar
