A major trial over alleged social media addiction begins Tuesday in California. Senior executives from leading technology companies are expected to testify. The case could reshape legal responsibility for digital platforms. The plaintiff is a 19-year-old woman identified as KGM. She says platform algorithms caused addiction and harmed her mental health. She argues the designs encouraged excessive use during her teenage years. The defendants include Meta, owner of Instagram and Facebook, TikTok owner ByteDance, and YouTube parent Google. Snapchat settled with the plaintiff last week. The remaining companies will defend themselves in court. The case will unfold at Los Angeles…
Author: OMN AI
The SEC agreed to dismiss its lawsuit against the Winklevoss twins’ crypto exchange after investors recovered all lending program assets.Regulators cited the full repayment of Gemini Earn customers through the Genesis Global Capital bankruptcy in mid-2024.The decision reflects a more crypto-friendly approach under President Donald Trump.The SEC stressed the dismissal does not affect other enforcement cases.Genesis and Gemini previously faced charges over unregistered securities sales in their lending program.Gemini later debuted on Nasdaq and is now valued at $1.14bn.
Gold prices surged above $5,000 (£3,659) an ounce for the first time, extending a historic rise. The precious metal has gained more than 60% during 2025, capping a remarkable rally. Mounting geopolitical and financial tensions have driven the surge. Friction between the United States and Nato over Greenland has unsettled markets. Investors have grown increasingly concerned about global stability. US President Donald Trump has added to uncertainty with hardline trade policies. He recently threatened a 100% tariff on Canada. The move would follow any Canadian trade deal with China. Safe-haven demand surges across markets Investors traditionally turn to gold during…
Coca-Cola has launched legal action against Vue after the cinema chain replaced it with PepsiCo across Europe. The lawsuit seeks to recover alleged unpaid debts following the end of a near 25-year supply relationship. Vue, which operates more than 90 cinemas in the UK and Ireland, switched to PepsiCo last year. PepsiCo’s deal runs until at least 2030 and covers Vue’s 222 sites across eight countries. Vue’s founder Tim Richards criticised the legal move, saying the dispute could have been resolved informally. Vue said the claim involved under £100,000 and confirmed all disputed amounts are now settled.
US President Donald Trump has threatened Canada with severe trade penalties. He said the United States would impose 100% tariffs on Canadian goods. Trump delivered the warning on his social media platform. He said the tariffs would take effect immediately. The threat focused on any trade arrangement between Canada and China. Trump said Canada would face punishment if it proceeded with Beijing. He said the tariffs would apply to all Canadian products entering the United States. He framed the move as protection for American economic interests. He did not describe any conditions or exemptions. The warning increased pressure on Canada’s…
Google’s AI Overviews cite YouTube more often than any medical website when answering health-related search queries, according to a new German study that raises concerns about the reliability of information seen by billions of users. Researchers analysed more than 50,000 health searches in Germany and found that AI Overviews appeared in over 80% of results. The most frequently cited source was YouTube, accounting for 4.43% of all citations—more than hospitals, government health portals or academic institutions. YouTube is owned by Google. While Google says its AI summaries draw on reputable sources such as the Centers for Disease Control and Prevention…
U.S. equities extended their gains for a second straight session as markets cheered relief over tariff threats tied to Greenland and strong economic signs. Investors bought shares across sectors, pushing major indexes higher and lifting broader market confidence. Tariff concerns that had dragged markets earlier in the week eased after the U.S. government backed off planned duties tied to Greenland trade disputes. President Donald Trump’s reversal of tariff threats helped reduce geopolitical worries and calm investors. The tech‑heavy Nasdaq Composite led the advance, climbing close to 0.9% as traders embraced risk‑on sentiment. At the same time, the Dow Jones Industrial…
Every month, hundreds of millions of users visit Pinterest to search for new styles and visual ideas. One popular page called “the most ridiculous things” offers strange inspiration for creatives. It shows Crocs reused as flower pots. It features cheeseburger-shaped eyeshadow. It even displays a gingerbread house made from vegetables. Many users do not realise the technology behind these suggestions is not always American. Pinterest now experiments with Chinese artificial intelligence models to sharpen its recommendation engine. The platform increasingly relies on this technology to personalise shopping and discovery. Pinterest chief executive Bill Ready said the company has turned the…
Japan is developing the L0 Series, a next-generation magnetic levitation (maglev) train that could become the fastest in the world, reaching speeds of up to 603.5 km/h. Built by JR Central, it would far outpace China’s Shanghai Maglev (460 km/h) and Europe’s fastest conventional trains such as France’s TGV and Italy’s Italo (around 300–350 km/h). The L0 Series is being designed for the Chuo Shinkansen line, which is expected to cut travel time between Tokyo and Nagoya to about 40 minutes, down from up to two and a half hours today. Once extended to Osaka, the system would link Japan’s…
TikTok has completed a deal that ensures the app continues to operate in the United States. The company announced the agreement on Thursday, ending years of political and legal uncertainty. The deal resolves a long-standing dispute between Washington and Beijing. The conflict began during Donald Trump’s first presidency, when he attempted to ban TikTok over national security concerns. US law threatened to block the app in January 2025 unless ByteDance sold its American business. Trump delayed enforcement multiple times after returning to office. The central issue focused on TikTok’s recommendation algorithm. Under the agreement, American owners now license the system,…