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...
Another silicon valley company following the tested and tried method of offering fellowships to Ph.D students doing computer science has just gotten underway. Facebook has announced their fellowship program . How does the industry keep up with new ideas originating out of academia.Companies really want to tap into this source and keep their fingers on the pulse. Get involved, that's how. Facebook with this new program applicable to students doing their Ph.D does not want to be left out of some great ideas and latest know-how. The program was created to support graduate programs for the year 2010 -2011 Award Details. Tuition and fees will be paid for the academic year. $30K stipend (paid over 9 months of the academic year). $5K per year toward conference attendance and travel. $5K toward a personal computer. Opportunity to apply for a paid summer internship. Recipients are responsible for the taxation on any funds. Internet Economics: auction theory and algorithmic game theory rele...