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...
Steve Jobs who has been unwell for some time and battling cancer for some time now has stepped down as CEO of one of the most iconic companies in the world. Jobs who had surgery for pancreatic cancer in 2004 and had a liver transplant in 2008 and has been on medical leave from January. Although stepping in to launch the iPad 2 and fulfill other duties. The man who changed the fortune of a company and made products that are most desirable. He never field tested but was inspired created and sold it right from the gut. He took risks like no one else could and worked from the heart. it was at one speech when Steve Jobs was talking about the failures of his past especially the time he was kicked out of apple that he said 'A man must believe in something'.Here is a copy of the letter that Mr. Jobs wrote to the board of Apple. Steve Jobs will become chairman of the board. Apple named Tim Cook, its chief operating officer, to succeed Mr. Jobs as chief executive.
Letter from Steve Jobs
To the Apple Board of Directors and the Apple Community:
I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.
I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.
As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.
I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.
I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.
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