Nvidia Doubles Profit to $59.69B as AI Spending Fuels Record Quarter

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Nvidia reported a doubling of its quarterly profit to $59.69 billion, driven by surging demand for artificial intelligence infrastructure. The chipmaker's quarterly revenue also more than doubled, reaching $96.22 billion. Both figures surpassed analyst expectations on Wall Street. The results underscore how AI investment continues to fuel massive growth for Nvidia, which supplies the chips powering most large-scale AI systems.

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New Twitter Platform Launches Amid Ongoing Legal Battle With Musk's X Corp

A new social media platform called Twitter has launched under the name claimed by Operation Bluebird, asserting that Elon Musk's X Corp effectively abandoned the Twitter brand. The new platform is moving forward despite an unresolved legal dispute, as a judge has yet to rule on X Corp's request for a preliminary injunction. X Corp, which rebranded from Twitter in 2023, appears to be seeking legal protection over the Twitter name. The new service is positioning itself as a successor to the original Twitter identity that Musk's company stepped away from. The outcome of the pending court ruling could significantly affect the new platform's ability to continue operating under that name.

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TechnologyThe Verge ·

Meta agrees to sweeping teen safety changes on Instagram and Facebook

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TechnologyArs Technica ·

Meta Pays $18B to Settle Child Safety Claims With Most US States

Meta has reached an $18 billion settlement with nearly all US states over claims that its platforms posed risks to children's safety. As part of the deal, Meta will introduce daily usage limits on its social media platforms for minors. The settlement represents one of the largest child-safety-related payouts by a tech company. However, Florida rejected the agreement, with state officials dismissing the sum as insufficient given the scale of harm alleged. The deal marks a significant legal and regulatory milestone in ongoing efforts to protect children online.

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TechnologyArs Technica ·

Florida Catholic Bishops Reject Religious Exemptions Pushed by State AG

Florida's Catholic bishops have declined to support religious exemptions from vaccine requirements, effectively rejecting a push by the state's Attorney General. The bishops' decision runs counter to the stance of Florida's political leadership, which has been broadly critical of vaccine mandates. By refusing to provide religious cover for exemption claims, the Church distanced itself from the state's anti-vaccine posture. The move is notable given Florida's ongoing efforts to challenge vaccine policies at both the state and federal level.

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