Snap’s stock jumps 11% on plans to axe 16% of its workforce citing AI efficiencies
[ad_1] Omar Marques | SOPA Images | Lightrocket | Getty Images Snap‘s shares jumped on Wednesday after the company announced plans to slash up to 16% of its global workforce, citing AI-driven efficiencies. CEO Evan Spiegel said in a letter to staff that the reduction would affect around 1,000 members of staff and that at […]
Countries around the world are considering teen social media bans – why experts warn it’s a ‘lazy’ fix
[ad_1] Gen Z girl looking at smartphone screen feeling upset scrolling on social media. Mementojpeg | Moment | Getty Images Governments around the world are making efforts to crack down on teen social media use amid mounting evidence of potential harms, but critics argue blanket bans are an ineffective quick fix. Australia became the first […]
Italy investigates Sephora and Benefit over skincare marketing to children
[ad_1] A view of a Sephora beauty product store on May 30, 2025 in Sherman Oaks, California. Justin Sullivan | Getty Images Italian regulators are looking to clamp down on the tween skincare obsession and are investigating the LVMH-owned cosmetic brands Sephora and Benefit over an “insidious” marketing campaign to children. The Italian Competition Authority […]
AI chatbot firms face stricter regulation in online safety laws protecting children in the UK
[ad_1] Preteen girl at desk solving homework with AI chatbot. Phynart Studio | E+ | Getty Images The UK government is closing a “loophole” in new online safety legislation that will make AI chatbots subject to its requirement to combat illegal material or face fines or even being blocked. After the country’s government staunchly criticized […]