In the span of just 48 hours this week, two separate juries in two different US states delivered verdicts that could reshape the entire social media industry — not because of the dollar amounts involved, but because of what those verdicts legally establish for the first time. On Tuesday, March 24, a jury in Santa Fe, New Mexico ordered Meta to pay $375 million for failing to protect children from sexual exploitation on Facebook and Instagram. Less than 24 hours later, on Wednesday, March 25, a jury in Los Angeles found both Meta and Google (YouTube) liable for engineering addiction in young users — finding them negligent in the design of their platforms and awarding a further $6 million in damages. Two days. Two states. Two juries. Both pointing at the same conclusion: that Big Tech can no longer hide behind the legal shields it has relied on for nearly three decades. This is the story of what happened, why it matters far beyond the headline numbers, and what comes next for the s...
Microsoft's Steve Ballmer said that they will stay in China. To see Steve Ballmer talk about it please click the video link here.
However, his hopes for China to produce growing revenue for the company seem to hinge on a thorny issue: a reduction of piracy and intellectual-property theft.
"China ought to be a source of growth," Ballmer said. "Intellectual-property protection in China is very, very bad. Abysmal. ... We're buying a lot of goods from China but the things that U.S. companies can sell -- pharmaceutical products, media, software -- it's all intellectual property and design, and that stuff's not getting paid for in China. It's got to change."
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However, his hopes for China to produce growing revenue for the company seem to hinge on a thorny issue: a reduction of piracy and intellectual-property theft.
"China ought to be a source of growth," Ballmer said. "Intellectual-property protection in China is very, very bad. Abysmal. ... We're buying a lot of goods from China but the things that U.S. companies can sell -- pharmaceutical products, media, software -- it's all intellectual property and design, and that stuff's not getting paid for in China. It's got to change."
http://download.
CEO Steve Ballmer told CNBC that his company will look into a report that a flaw in Microsoft's Internet software allowed China to launch a cyber attack on Google's operations in that country.
Ballmer was responding to a report by the Internet security company McAfee that Microsoft's Internet Explorer allowed China to allegedly hack into Google email in an attempt to spy on Chinese dissidents. The alleged attack prompted Google to threaten to pull out of the country entirely. "The cyber attacks and occasional vulnerabilities are a way of life and if the issue is with us, of course we will work through it with all the important parties," Ballmer said in a live interview. "We need to take a all cyber attacks, not just this one seriously and we have a whole team of people that responds very real-time to any report that may have something to do with our software, which we don't yet."
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