EA confirms it will go private in $55 billion acquisition

Beleaguered video game giant Electronic Arts has agreed to a $55 billion acquisition that will take the company private. Saudi Arabia Public Investment Fund (PIF), Silver Lake and Affinity Partners have reached a deal to buy EA, the company said in a statement.  Some details about the proposed arrangement surfaced over the weekend. The deal, … Read more

X will appeal Indian court ruling allowing ‘arbitrary takedown orders’

X will appeal Indian court ruling allowing ‘arbitrary takedown orders’

X is challenging an Indian court order it says would require it to comply with millions of takedown requests without due process. In a statement, the company said it was “deeply concerned” about the ruling, which allows police officers “to issue arbitrary takedown orders through a secretive online portal” called the Sahyog. X’s challenge comes … Read more

Snapchat introduces a paid storage option for all the Memories hoarders out there

Snap is imposing a new storage limit on Snapchat‘s Memories feature, which has racked up impressive numbers since its introduction in 2016. According to Snap, users have saved more than one trillion Memories across its platform, and it’s now introducing “Memories Storage Plans” for users who exceed 5GB of Memories. In a press release, Snap … Read more

Meta has introduced revised guardrails for its AI chatbots to prevent inappropriate conversations with children

Business Insider has obtained the guidelines that Meta contractors are reportedly now using to train its AI chatbots, showing how it’s attempting to more effectively address potential child sexual exploitation and prevent kids from engaging in age-inappropriate conversations. The company said in August that it was updating the guardrails for its AIs after Reuters reported … Read more

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