Facebook sets aside $3B in Q1 to cover legal fees related to FTC probe

Legal expenses related to the ongoing investigation could end up costing Facebook anywhere between $3 billion and $5 billion, the company said in its quarterly report. ...
Snapchat makes progress on tech challenges: Android development, cloud costs, ad platforms

Snapchat remains a work in progress from a business model and technology perspective, but it is showing ability to grow engagement and keep costs in check. ...
Twitter Q1 solid as daily active users, licensing, ads show growth

Twitter delivered data licensing sales of $107 million, up 20 percent from a year ago.

Researchers create 3D-printed heart with biological materials

The heart has cells, blood vessels, ventricles, and chambers.
Samsung gives 44 research grants for 'frontier technology'

Samsung's Science & Technology Foundation announced grants for 44 research projects which include DNA sequencing and silicon sensors for the hearing-impaired. ...
NZ Privacy Commissioner labels Facebook as 'morally bankrupt pathological liars'

John Edwards endorses Australia's new abhorrent broadcasting laws as an interim measure.

Over 540 million Facebook records found on exposed AWS servers

Leak originated at two third-party companies that had collected Facebook data on their own servers.
Gen Z and millennials want AI-based personalized support

Shifting expectations are changing the way businesses interact with their customers – and Millennials and Gen Z are driving significant changes in what customers want. ...
Australia to rush laws on jailing social media execs for violent crime streaming

Government in race against time to get laws through before it calls an election.

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