United States

10 People Called Police to Report Bigfoot Sighting in Ohio (cnn.com) 53

CNN reports on a "sudden surge of claimed sightings" of "unidentified figures averaging 8 feet tall in wooded areas" along Ohio's Mahoning River. "And it stopped just as quickly as it started," says Jeremiah Byron, host of the Bigfoot Society Podcast, which collected and mapped the reports .... Byron doesn't take every report at face value, making sure he talks to people directly before publicizing their claims. Once word got out about the reports in Ohio, so did the obvious fakes. "I started to get a lot of AI-generated reports in my email. It got up to the point where I was probably getting about 1,000 emails a day," he says. But when Byron spoke by phone with people who made the initial reports, they convinced him they weren't making anything up. "It was obvious they weren't just wanting to get their name out there," says Byron. "They were just freaked out by what they experienced, and they didn't want anything else to do with it."

[...] Local law enforcement in Ohio also seem to be enjoying the publicity. Portage County Sheriff Bruce D. Zuchowski made a series of gag posts purporting to show the arrest of Bigfoot and his detention by Immigration and Customs Enforcement, only for the creature to escape from custody at the Canadian border...

Despite the levity, the sheriff's office really did get some calls from concerned residents, Zuchowski says. "Ten individual people were like, 'Yeah I was walking my dog at 4 a.m. and I saw this hairy figure and I smelled this musty odor and there was this big thing and all of a sudden it ran,'" the sheriff told CNN affiliate WOIO in March.

Earth

World's Largest Digital Human Rights Conference Suddenly 'Postponed' 26

RightsCon, one of the world's largest digital human rights conferences, was suddenly postponed by Zambia's government just days before it was scheduled to begin in Lusaka. Officials cited unresolved speaker clearances and "thematic issues," while Access Now said it had not yet received formal communication and was seeking an urgent meeting with the government. 404 Media reports: Minister of Technology and Science Felix Mutati first announced the postponement on April 28, saying that Zambia needed more time to ensure the conference "fully [aligns] with national procedures, diplomatic protocols, and the broader objective of fostering a balanced and consensus-driven platform for dialogue." "In particular, certain invited speakers and participants remain subject to pending administrative and security clearances, which have not yet been concluded," he added, according to the Lusaka Times.

[...] On a popular listserv for academics, many of whom are attending RightsCon, a board member of Access Now wrote "I am told I can leak that RightsCon has been canceled. Message from [Access Now] following shortly" in a thread about what attendees were planning on doing. And in an email, AccessNow wrote: "It is with heavy hearts that we share: RightsCon will not proceed in Zambia or online. We understand this news is deeply upsetting for our community and while we know everyone has questions, our goal right now is to notify you of the event's status because many of you have imminent travel plans. We do not recommend registered participants travel to Lusaka for RightsCon.

Over the last 48 hours we have experienced an overwhelming surge of support from civil society, government representatives, sponsors, and our community as a whole. For this, we wholeheartedly thank you. We'll communicate more information soon."
AI

China Blocks Meta's $2 Billion Takeover of AI Startup Manus 21

China has blocked Meta's planned $2 billion acquisition of AI startup Manus, ordering the deal withdrawn after months of scrutiny from both Beijing and Washington. "The decision to prohibit foreign investment in Manus was made in accordance with laws and regulations," reports CNBC, citing the National Development and Reform Commission. "It added that it has asked the parties involved to withdraw the acquisition transaction." From the report: The deal had attracted scrutiny from both China and Washington, as lawmakers in the U.S. have prohibited American investors from backing Chinese AI companies directly. Meanwhile, Beijing has increased efforts to discourage Chinese AI founders from moving business offshore. The Chinese government's intervention in the transaction drew alarm among tech founders and venture capitalists in the country who were hoping to take advantage of the so-called Singapore-washing model, where companies relocate from China to the city-state to avoid scrutiny from Beijing and Washington.

Manus was founded in China before relocating to Singapore. The company develops general purpose AI agents and launched its first general AI agent in March last year, which can execute complex tasks such as market research, coding and data analysis. The release saw the startup lauded as the next DeepSeek. Manus said it had passed $100 million in annual recurring revenue, or ARR, in December, eight months on from launching a product, which it claimed made it the fastest startup in the world at the time to hit the milestone from $0. The company raised $75 million in a round led by U.S. VC Benchmark in April last year.
Businesses

Meta Is Laying Off 10% of Its Workforce (qz.com) 46

Meta is reportedly cutting about 10% of its workforce, or roughly 8,000 jobs, while closing thousands of open roles it had intended to fill. "We're doing this as part of our continued effort to run the company more efficiently and to allow us to offset the other investments we're making," said Janelle Gale, Meta's chief people officer. The company had almost 79,000 employees at the start of the year. Quartz reports: Meta CEO Mark Zuckerberg has poured resources into building out AI capabilities, directing spending toward model development, chatbot products, and the engineering talent to support them. Meta set its 2026 capital expenditure guidance at $115 billion to $135 billion, almost double the $72 billion it spent in 2025. Employees have been encouraged to use AI agents internally for tasks such as writing code.

The early disclosure, Gale explained, was prompted by the fact that information about the cuts had already made its way into press reports before the company was ready to announce. "I know this is unwelcome news and confirming this puts everyone in an uneasy state, but we feel this is the best path forward, given the circumstances," she wrote.

According to the memo, severance for affected workers in the United States will cover 18 months of COBRA health insurance premiums, along with a base pay component of 16 weeks that increases by two weeks for each year of service. Departing employees will have access to job placement assistance and, where applicable, help navigating immigration status. Packages outside the U.S. will vary by country.
Meta cut between 10% and 15% of its Reality Labs workforce in January, shut down several VR game studios, and shed about 700 positions across at least five divisions in March.
Facebook

Meta To Start Capturing Employee Mouse Movements, Keystrokes For AI Training Data (reuters.com) 44

Reuters reports that Meta plans to start collecting U.S.-based employees' mouse movements, clicks, keystrokes, and occasional screen snapshots to train AI agents that can better learn how humans use computers. The tool, called Model Capability Initiative (MCI), will reportedly "not be used for performance assessments or any other purpose besides model training and that safeguards were in place to protect 'sensitive content.'" From the report: Meta CTO Andrew Bosworth told employees in a separate memo shared on Monday that the company would step up internal data collection as part of those "AI for Work" efforts, now re-branded as Agent Transformation Accelerator (ATA). "The vision we are building towards is one where our agents primarily do the work and our role is to direct, review and help them improve," Bosworth said. The aim, he added, was for agents to "automatically see where we felt the need to intervene so they can be better next time." Bosworth did not explicitly spell out how those agents would be trained, but said Meta would be "rigorous" about "building up data and evals for all the types of interactions we have as we go about our work."

Meta spokesperson Andy Stone acknowledged that the MCI data would be among the inputs. [...] "If we're building agents to help people complete everyday tasks using computers, our models need real examples of how people "actually use them -- things like mouse movements, clicking buttons, and navigating dropdown menus," said Stone.

Transportation

Old Cars 'Tell Tales' by Storing Data That's Never Wiped (itnews.com.au) 42

Slashdot reader Bismillah shared this report from ITNews: Research and development engineer Romain Marchand of Paris headquartered Quarkslab obtained a telematic control unit (TCU) from a salvage yard in Poland... Marchand tore down the TCU, which is based on a Qualcomm system on a chip, and extracted the Linux-based file system from the Micron multi-chip package (MCP) which contained NAND-based non-volatile storage memory. The non-volatile storage contained sensitive information, including system configuration data and more importantly, logs that revealed the vehicle's GPS positions over time.

None of that information was encrypted, Marchand told iTnews, which made it possible to collect and retrieve sensitive data of interest. What's more, the global navigation satellite system (GNSS) logs with GPS positions covered the BYD's full journey from the factory in China to its operational life in the United Kingdom, and to its final wrecking in Poland, Marchand explained in an analysis... The issue is not restricted to BYD, and Marchand added that the hardware architecture of the Chinese car maker's TCU is broadly similar to what can be found in other brands.

Television

Online Personalities and Comedians Overtake TV and Newspapers as Primary News Sources (hollywoodreporter.com) 127

A new Ipsos poll finds Americans are increasingly getting news from online personalities and comedians instead of traditional TV or newspapers. The survey says nearly 70% get news online in a given week, versus 55% from TV and 25% from newspapers, with figures like Joe Rogan, Greg Gutfeld, Sean Hannity, and late-night hosts ranking prominently depending on political leanings. From the Hollywood Reporter: The poll, which was conducted in March, actually found the conservative politicians and cabinet members, including President Trump, were the top news influencers. When politicos were excluded, Joe Rogan led the list, followed by Fox News personalities Greg Gutfeld and Sean Hannity, and then TuckerCarlson and Ben Shapiro. The only three influencers to crack 10 percent were Trump, Rogan, and JD Vance. Among people who voted for Kamala Harris, the top news personalities were late night hosts, led by ABC's Jimmy Kimmel, followed by CBS Late Show host Stephen Colbert, and Daily Show host Jon Stewart.

Just under 70 percent of respondents said they get their news online in a given week, compared to 55 percent for TV, and 25 percent for newspapers. [...] Of traditional media outlets, TV dominated, with Fox News, the broadcast networks, and CNN topping the list of sources. Facebook, YouTube and Instagram were the most popular online news sources.
"On these platforms opinionated personalities and comedians appear to drown out anyone who would fit in the traditional journalist category," said assistant professor of practice and Jordan Center Executive Director Steven L Herman. "Even in the late 19th century and early 20th centuries, sensationalist and polarizing voices in print and later on air were among the most influential in the political landscape -- such as political satirist Mark Twain and populist Father Charles Coughlin."
Social Networks

Two-Week Social Media 'Detox' Erases a Decade of Age-Related Decline, Study Finds (yahoo.com) 20

Critics say social media is engineered to be as addictive as tobacco or gambling, writes the Washington Post — while adding that "the science has been moving in parallel with the court's recognition." A growing body of research links heavy social media use not only to declines in mental health but to measurable cognitive effects — on attention, memory and focus — that in some studies resemble accelerated aging. Science also suggests we have more control than we realize when it comes to reversing this damage, and the solution is surprisingly simple: Take a break... "Digital detoxes" can sound like a fad. But in one of the largest studies to date, published in PNAS Nexus and involving more than 467 participants with an average age of 32, even a short time away produced striking results — effectively erasing a decade of age-related cognitive decline.

For 14 days, participants used a commercially available app, Freedom, to block internet access on their phones. They were still allowed calls and text messages, essentially turning a smartphone into a dumb phone. Their time online decreased from 314 minutes to 161 minutes, and by the end of the period the participants had improvements in sustained attention, mental health as well as self-reported well-being. The improvement in sustained attention was about the same magnitude as 10 years of age-related decline, the researchers noted, and the effect of the intervention on depression symptoms was larger than antidepressants and similar to that of cognitive behavioral therapy.

But two things were even more mind-blowing... Even those people who cheated and broke the rules after a few days seemed to have positive effects from the break; and in follow-up reports after the two weeks, many people reported the positive effects lingered. "So you don't have to necessarily restrict yourself forever. Even taking a partial digital detox, even for a few days, seems to work," Kushlev said.

The article also notes a November study at Harvard published in JAMA Network Open where nearly 400 people 'found that even a short break can make a measurable difference: After just one week of reduced smartphone use, participants reported drops in anxiety (16.1 percent), depression (24.8 percent) and insomnia (14.5 percent)..."

"Other experiments point in the same direction — whether decreasing social media use by an hour a day for one week or stepping away from just Facebook and Instagram."
Advertising

Meta Removes Ads For Social Media Addiction Litigation (axios.com) 46

Meta has started removing ads from law firms seeking clients for social media addiction lawsuits, just weeks after a jury found Meta and YouTube negligent in a landmark case involving harm to a young user. "Lawyers across the country now are seeking new plaintiffs, in the hopes of bringing a class action lawsuit that could result in lucrative verdicts," reports Axios. From the report: Axios has identified more than a dozen such ads that were deactivated today, some of which came from large national firms like Morgan & Morgan and Sokolove Law. Almost all of them ran on both Facebook and Instagram. Some also appeared on Threads and Messenger, plus Meta's Audience Network -- which distributes ads to thousands of third-party sites.

One such ad read: "Anxiety. Depression. Withdrawal. Self-harm. These aren't just teenage phases -- they're symptoms linked to social media addiction in children. Platforms knew this and kept targeting kids anyway." A few of the ads still remain active, including some that were posted earlier today.
"We're actively defending ourselves against these lawsuits and are removing ads that attempt to recruit plaintiffs for them," a Meta spokesperson said in a statement. "We will not allow trial lawyers to profit from our platforms while simultaneously claiming they are harmful."
Electronic Frontier Foundation

EFF Is Leaving X (eff.org) 188

After nearly 20 years on the platform, The Electronic Frontier Foundation (EFF) says it is leaving X. "This isn't a decision we made lightly, but it might be overdue," the digital rights group said. "The math hasn't worked out for a while now." From the report: We posted to Twitter (now known as X) five to ten times a day in 2018. Those tweets garnered somewhere between 50 and 100 million impressions per month. By 2024, our 2,500 X posts generated around 2 million impressions each month. Last year, our 1,500 posts earned roughly 13 million impressions for the entire year. To put it bluntly, an X post today receives less than 3% of the views a single tweet delivered seven years ago. [...]

When you go online, your rights should go with you. X is no longer where the fight is happening. The platform Musk took over was imperfect but impactful. What exists today is something else: diminished, and increasingly de minimis.

EFF takes on big fights, and we win. We do that by putting our time, skills, and our members' support where they will effect the most change. Right now, that means Bluesky, Mastodon, LinkedIn, Instagram, TikTok, Facebook, YouTube, and eff.org. We hope you follow us there and keep supporting the work we do. Our work protecting digital rights is needed more than ever before, and we're here to help you take back control.

Facebook

Meta Debuts 'Muse Spark', First AI Model Under Alexandr Wang (axios.com) 7

Meta has launched Muse Spark, its first major AI model under Alexandr Wang's leadership. The model was built over the past nine months and is being positioned as a significant step up from Llama 4. Axios reports: Muse Spark will power queries in the Meta AI app and Meta.ai website immediately, with plans to expand across Facebook, Instagram and WhatsApp. The model accepts voice, text and image inputs, but produces text-only output. [...] Meta plans to release a version of Muse Spark under an open-source license.

The model uses a fast mode for casual queries and several reasoning modes. A "shopping mode" highlights how Meta hopes to differentiate itself. It combines large language models with data on user interests and behavior. Over time, the model will also power "features that cite recommendations and content people share across Instagram, Facebook, and Threads," Meta said in a blog post.
Wang, the 29-year-old entrepreneur who co-founded Scale AI, joined Meta's "superintelligence" unit last year to help Meta catch up to rival models from OpenAI and Anthropic.
Social Networks

Australia Readies Social Media Court Action Citing Teen Ban Breaches (reuters.com) 27

Australia is preparing possible court action against major social media platforms that are failing to enforce the country's social media ban on under-16s. "Three months after the ban came into effect, the eSafety Commissioner said it was probing Meta's Instagram and Facebook, Google's YouTube, Snapchat and TikTok for possible breaches of the law," reports Reuters. From the report: Communications Minister Anika Wells said the government was gathering evidence "so that the eSafety Commissioner can go to the Federal Court and win." "We have spent the summer building that evidence base of all the stories that no doubt you have all heard ... about how kids are getting around that," Wells told reporters in Canberra. The legal threat is a striking change of tone from a government which had hailed tech giants' shows of cooperation when the ban went live in December.

Under the Australian law, platforms must show they are taking reasonable steps to keep out underage users or face fines of up to $34 million per breach, something eSafety would need to pursue in a civil court. The regulator previously said it would only take enforcement action in cases of systemic noncompliance. But in its first comprehensive compliance report since the ban took effect, eSafety said measures taken by the platforms were substandard and it would make a decision about next steps by mid-year. "We are now moving âinto an enforcement stance," said commissioner Julie Inman Grant in a statement.

The regulator reported major compliance gaps, including platforms prompting children who had previously declared ages under 16 to do fresh age checks, allowing repeated attempts at age-assurance tests until a child got a result over 16 and poor pathways for people to report underage accounts. Some platforms did not use age-inference, which estimates age based on someone's online activity, and some only used age-assurance measures like photo-based checks after a user tried to change their age, rather than at sign-up. That made it "likely many Australian children aged under 16 have been able to create accounts on age-restricted social media platforms by simply declaring they are 16 or older", the regulator said. Nearly one-third of parents reported their under-16 child had at least one social media account after the ban took effect, of which two-thirds said the platform had not asked the child's age, it added.

Social Networks

Meta and YouTube Found Negligent in Landmark Social Media Addiction Case 113

A jury found Meta and YouTube negligent in a landmark social media addiction case, ruling that addictive design features such as infinite scroll and algorithmic recommendations harmed a young user and contributed to her mental health distress. The verdict awards $3 million in compensatory damages so far and could pave the way for more lawsuits seeking financial penalties and product changes across the social media industry. "Meta is responsible for 70 percent of that cost and YouTube for the remainder," notes The New York Times. "TikTok and Snap both settled with the plaintiff for undisclosed terms before the trial started." From the report: The bellwether case, which was brought by a now 20-year-old woman identified as K.G.M., had accused social media companies of creating products as addictive as cigarettes or digital casinos. K.G.M. sued Meta, which owns Instagram and Facebook, and Google's YouTube over features like infinite scroll and algorithmic recommendations that she claimed led to anxiety and depression.

The jury of seven women and five men will deliberate further to decide what further punitive damages the companies should pay for malice or fraud. The verdict in K.G.M.'s case -- one of thousands of lawsuits filed by teenagers, school districts and state attorneys general against Meta, YouTube, TikTok and Snap, which owns Snapchat -- was a major win for the plaintiffs. The finding validates a novel legal theory that social media sites or apps can cause personal injury. It is likely to factor into similar cases expected to go to trial this year, which could expose the internet giants to further financial damages and force changes to their products.
The verdict also comes on the heels of a New Mexico jury ruling that found Meta liable for violating state law by failing to protect users of its apps from child predators.
Facebook

Meta Loses Trial After Arguing Child Exploitation Was 'Inevitable' (arstechnica.com) 45

Meta lost a child safety trial in New Mexico after a court found that its platforms failed to adequately protect children from exploitation and misled parents about app safety. According to Ars Technica, the jury on Tuesday "deliberated for only one day before agreeing that Meta should pay $375 million in civil damages..." While the jury declined to impose the maximum penalty New Mexico sought, which could have cost the company $2.2 billion, Meta may still face additional financial penalties and could be forced to make changes to its apps. From the report: The trial followed a 2023 lawsuit filed by New Mexico Attorney General Raul Torrez after The Guardian published a two-year investigation exposing child sex trafficking markets on Facebook and Instagram. Torrez's office then conducted an undercover investigation codenamed "Operation MetaPhile," in which officers posed as children on Facebook, Instagram, and WhatsApp. The jury heard that these fake profiles were "simply inundated with images and targeted solicitations" from child abusers, Torrez told CNBC in 2024. Ultimately, three men were arrested amid the sting for attempting to use Meta's social networks to prey on children. At trial, Mark Zuckerberg and Instagram chief Adam Mosseri testified that "harms to children, such as sexual exploitation and detriments to mental health, were inevitable on the company's platforms due to their vast user bases," The Guardian reported. Internal messages and documents, as well as testimony from child safety experts within and outside the company, showed that Meta repeatedly ignored warnings and failed to fix platforms to protect kids, New Mexico's AG successfully argued.

Perhaps most troubling to the jury, law enforcement and the National Center for Missing and Exploited Children also testified that Meta's reporting of crimes to children on its apps -- including child sexual abuse materials (CSAM) -- was "deficient," The Guardian reported. Rather than make it easy to trace harms on its platforms, the jury learned from frustrated cops that Meta "generated high volumes of 'junk' reports by overly relying on AI to moderate its platforms." This made its reporting "useless" and "meant crimes could not be investigated," The Guardian reported.

Celebrating the win as a "historic victory," Torrez told CNBC that families had previously paid the price for "Meta's choice to put profits over kids' safety." "Meta executives knew their products harmed children, disregarded warnings from their own employees, and lied to the public about what they knew," Torrez said. "Today the jury joined families, educators, and child safety experts in saying enough is enough."
Meta said the company plans to appeal the verdict. "We respectfully disagree with the verdict and will appeal," Meta's spokesperson said. "We work hard to keep people safe on our platforms and are clear about the challenges of identifying and removing bad actors or harmful content. We will continue to defend ourselves vigorously, and we remain confident in our record of protecting teens online."
Facebook

Meta Is Shutting Down VR Social Platform Horizon Worlds (cnbc.com) 51

Meta is shutting down its VR social platform Horizon Worlds, which was once a key piece of the pivot to the metaverse. The company said the app will be taken off the Quest store at the end of March, and fully removed from Quest headsets by June 15. After that date, it will shift to a standalone "mobile-only experience." CNBC reports: The shift for Horizon Worlds, which was once a central part of the company's push into virtual reality, comes weeks after Meta cut over 1,000 employees from Reality Labs, the unit responsible for the metaverse. [...] The social platform has never drawn more than a couple hundred thousand active users a month, CNBC previously reported.

The virtual 3D social network where avatars could interact and play games with other users officially launched in late 2021. It operated exclusively on the Quest VR platform until Meta launched a mobile app version in September 2023. The mobile version of Horizon Worlds was built to provide an entry point for users without VR headsets, functioning similarly to Roblox.

Encryption

Instagram Discontinues End-To-End Encryption For DMs (thehackernews.com) 31

Meta plans to remove end-to-end encryption (E2EE) from Instagram direct messages by May 8, 2026. "Very few people were opting in to end-to-end encrypted messaging in DMs, so we're removing this option from Instagram in the coming months," says Meta. "Anyone who wants to keep messaging with end-to-end encryption can easily do that on WhatsApp." The Hacker News reports: The American company first began testing E2EE for Instagram direct messages in 2021 as part of CEO Mark Zuckerberg's "privacy-focused vision for social networking." The feature is currently "only available in some areas" and is not enabled by default. Weeks into the Russo-Ukrainian war in February 2022, the company made encrypted direct messaging available to all adult users in both countries. Last week, TikTok said it would not introduce E2EE, arguing it makes users less safe by preventing police and safety teams from being able to read direct messages if needed.
Facebook

Meta Acquires Moltbook, the Social Network For AI Agents 30

Axios reports that Meta has acquired Moltbook, the viral, Reddit-like social network designed for AI agents. Humans are welcome, but only to observe. Axios reports: The deal brings Moltbook's creators -- Matt Schlicht and Ben Parr -- into Meta Superintelligence Labs (MSL), the unit run by former Scale AI CEO Alexandr Wang. Meta did not disclose Moltbook's purchase price. The deal is expected to close mid-March, Meta says, with the pair starting at MSL on March 16. When it launched in late January, Moltbook was labeled the "most interesting place on the internet" by open-source developer and writer Simon Willison. "Browsing around Moltbook is so much fun. A lot of it is the expected science fiction slop, with agents pondering consciousness and identity. There's also a ton of genuinely useful information, especially on m/todayilearned."

In an internal post seen by Axios, Meta's Vishal Shah said existing Moltbook customers can temporarily continue using the platform. "The Moltbook team has given agents a way to verify their identity and connect with one another on their human's behalf," Shah says. "This establishes a registry where agents are verified and tethered to human owners." He added: "Their team has unlocked new ways for agents to interact, share content, and coordinate complex tasks."
Government

Indonesia To Ban Social Media For Children Under 16 (theguardian.com) 47

Indonesia will ban children under 16 from having accounts on major social media platforms as part of a government push to protect minors from harmful content, addiction, and online threats. The rule will roll out starting March 28 and makes Indonesia the first country in Southeast Asia to impose such a restriction. The Guardian reports: Meutya Hafid said in a statement to media said that she signed a government regulation that will mean children under the age of 16 can no longer have accounts on high-risk digital platforms, including YouTube, TikTok, Facebook, Instagram, Threads, X, Roblox and Bigo Live, a popular livestreaming site. With a population of about 285 million, the fourth-highest in the world, the south-east Asian nation represents a significant market for social networks.

The implementation will start gradually from 28 March, until all platforms fulfill their compliance obligations. "The basis is clear. Our children face increasingly real threats. From exposure to pornography, cyberbullying, online fraud, and most importantly addiction. The government is here so that parents no longer have to fight alone against the giant of algorithms," Hafid said.

She added that the government is taking this step as the best effort in the midst of a digital emergency to reclaim sovereignty over children's futures. "We realize that the implementation of this regulation may cause some discomfort at first. Children may complain and parents may be confused about how to respond to their children's complaints," Hafid said.

Businesses

Jensen Huang Says Nvidia Is Pulling Back From OpenAI and Anthropic (techcrunch.com) 26

An anonymous reader quotes a report from TechCrunch: At the Morgan Stanley Technology, Media and Telecom conference in downtown San Francisco Wednesday, Nvidia CEO Jensen Huang said his company's recent investments in OpenAI and Anthropic are likely to be its last in both, saying that once they go public as anticipated later this year, the opportunity to invest closes. It could be that simple. While firms sometimes pile into companies until practically the eve of their public debut in search of more upside, Nvidia is minting money selling the chips that power both companies -- it's not like it needs to goose its returns by pouring even more money into either one.

Nvidia, for its part, isn't offering much more on the matter. Asked for comment earlier today following Huang's remarks, a spokesman pointed TechCrunch to a transcript from the company's fourth-quarter earnings call, where Huang said all of Nvidia's investments are "focused very squarely, strategically on expanding and deepening our ecosystem reach," a goal its earlier stakes in both companies have arguably met. Still, a few other dynamics might also explain the pullback, including the circular nature of these arrangements themselves. [...] Meanwhile, Nvidia's relationship with Anthropic has looked fraught in its own right. Just two months after Nvidia announced a $10 billion investment in November, Anthropic CEO Dario Amodei took the stage at Davos and, without naming Nvidia directly, compared the act of U.S. chip companies selling high-performance AI processors to approved Chinese customers to "selling nuclear weapons to North Korea." Ouch. [...]

Where that leaves Nvidia is holding stakes in two companies that, at this particular moment, are pulling in very different directions, and potentially dragging customers and partners along for the ride. Whether Huang saw any of this coming, given Nvidia's web of partnerships, is impossible to know. But his stated reason on Wednesday for likely pulling the plug on future investments -- that the IPO window closes the door on this kind of deal -- is hard to square with how late-stage private investing actually works. What's looking more probable is that this is an exit from a situation that has gotten really complicated, really fast.

Encryption

TikTok Says End-To-End Encryption Makes Users Less Safe (bbc.com) 86

An anonymous reader quotes a report from the BBC: TikTok will not introduce end-to-end encryption (E2EE) -- the controversial privacy feature used by nearly all its rivals -- arguing it makes users less safe. E2EE means only the sender and recipient of a direct message can view its contents, making it the most secure form of communication available to the general public. Platforms such as Facebook, Instagram, Messenger and X have embraced it because they say their priority is maximizing user privacy.

But critics have said E2EE makes it harder to stop harmful content spreading online, because it means tech firms and law enforcement have no way of viewing any material sent in direct messages. The situation is made more complex because TikTok has long faced accusations that ties to the Chinese state may put users' data at risk. TikTok has consistently denied this, but earlier this year the social media firm's US operations were separated from its global business on the orders of US lawmakers.

TikTok told the BBC it believed end-to-end encryption prevented police and safety teams from being able to read direct messages if they needed to. It confirmed its approach to the BBC in a briefing about security at its London office, saying it wanted to protect users, especially young people from harm. It described this stance as a deliberate decision to set itself apart from rivals.
"Grooming and harassment risks are very real in DMs [direct messages] so TikTok now can credibly argue that it's prioritizing 'proactive safety' over 'privacy absolutism' which is a pretty powerful soundbite," said social media industry analyst Matt Navarra. But Navarra said the move also "puts TikTok out of step with global privacy expectations" and might reinforce wariness for some about its ownership.

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