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Technology
US social media legislation gains momentum as key Republican senator pledges support
WASHINGTON, May 12 (Reuters) - U.S. legislation that would require social media companies to take more responsibility for how their apps affect children and teens overcame a key hurdle on Tuesday, when a leading Republican senator said he would back the bill.
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Technology
Exclusive-Meta employees launch protest against mouse-tracking tech at US offices
NEW YORK, May 12 (Reuters) - Meta employees distributed flyers at multiple U.S. offices on Tuesday to protest the company's recent installation of mouse-tracking software on their computers, according to photos of the pamphlets seen by Reuters.
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Technology
Meta seeks to avoid EU fine with free WhatsApp access for rival AI chatbots
BRUSSELS, May 12 (Reuters) - Meta Platforms has offered to give rival AI chatbots free access to its social messaging service WhatsApp for a month while it discusses ways to resolve EU antitrust concerns, the U.S. tech giant said on Tuesday, in a move that could stave off a hefty fine.
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Technology
Samsung Electronics fails to reach deal with union; PM says strike must be averted
SEOUL, May 13 (Reuters) - Samsung Electronics and its union failed to reach a pay deal on Wednesday, heightening the risk of a long strike that threatens not only chip production and the semiconductor giant's standing, but also the health of the export-reliant South Korean economy.
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Technology
OpenAI faces lawsuit in California court claiming chatbot gave advice that led to fatal overdose
May 12 (Reuters) - The parents of a man who died of an accidental drug overdose last year sued OpenAI and its founder and CEO Sam Altman in a California court on Tuesday, alleging the man was coached to take a dangerous combination of substances by ChatGPT.
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Technology
Anthropic expands Claude's AI tools for law firms, lawyers
WASHINGTON, May 12 (Reuters) - Artificial intelligence company Anthropic on Tuesday released an expanded suite of features for lawyers using its Claude AI assistant, including tools for specialized legal topics and access within Claude to other legal research and AI products.
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Technology
What is in the US Senate's landmark crypto bill?
May 12 (Reuters) - The U.S. Senate Banking Committee late on Monday unveiled the text of a long-awaited, landmark bill that would create a regulatory framework for cryptocurrencies ahead of a scheduled committee vote to advance the bill on Thursday.
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Technology
Anthropic's Mythos sends US banks rushing to plug cyber holes
NEW YORK, May 12 (Reuters) - U.S. banks are rushing to fix scores of IT system weaknesses flagged by Anthropic's powerful but costly Mythos AI tool, prompting urgent repairs, software upgrades and raising the possibility of disruption for customers.
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Technology
Canvas' parent company reaches agreement with hacking group behind breach
May 12 (Reuters) - The hacking group that targeted the Canvas educational tool and the parent company that owns the software struck a deal to secure stolen student and school data, the company said in a statement late Monday.
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Technology
OpenAI gives European companies access to its latest models to bolster resilience
LONDON, May 12 (Reuters) - U.S. artificial intelligence giant OpenAI said it was granting access to its latest models including GPT-5.5-Cyber to Deutsche Telekom, BBVA and dozens more European companies to help bolster their resilience to vulnerabilities in their systems.
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Technology
Tesla’s robotaxi rollout features Texas-sized wait times
DALLAS, May 12 (Reuters) - When Tesla announced an expansion of its robotaxis to Dallas and Houston last month, some investors touted momentum for CEO Elon Musk's mission to transform the electric-vehicle maker into an AI-powered, driverless-tech giant.
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Technology
Netflix spent over $135 billion on film, TV over last decade
May 12 (Reuters) - Netflix has invested over $135 billion in films and television series over the past decade, the company said on Tuesday, underscoring the dominance of the streaming giant and the growth of on-demand entertainment.
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Technology
TikTok challenges EU 'gatekeeper' status at Europe's top court
LUXEMBOURG, May 12 (Reuters) - Bytedance's social media platform TikTok on Tuesday made a last- ditch attempt at Europe's top court to scrap its designation as a "gatekeeper" under EU rules, which require it to meet tougher standards as regulators seek to curb the power of Big Tech.
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Technology
EBay rejects GameStop's $56 billion bid as 'neither credible nor attractive'
New York, May 12 (Reuters) - EBay on Tuesday rejected a $56 billion takeover bid from the much smaller GameStop over financing doubts, calling the proposal "neither credible nor attractive."
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Technology
OpenAI chief Sam Altman denies betraying Elon Musk, defends for-profit push at trial
OAKLAND, California, May 12 (Reuters) - OpenAI Chief Executive Sam Altman on Tuesday rejected Elon Musk's claim that he betrayed the ChatGPT maker's founding mission to serve the public good, and said it was Musk who was interested in seizing control of OpenAI and making money from it.
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Technology
Samsung Elec union threatens to walk out of pay talks if no mediation proposal
SEOUL, May 12 (Reuters) - Samsung Electronics' labour union in South Korea said on Tuesday it would walk out of ongoing pay negotiations if no mediation proposal was offered within two hours.
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Cybersecurity
Maker of Canvas learning platform strikes deal for hackers to return data
Instructure, which provides Canvas software to thousands of schools and universities around the world, did not say what it had given the hackers in exchange for the stolen data.
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Technology
Germany's finance watchdog to make targeted inspections amid 'substantial' AI risks
FRANKFURT, May 12 (Reuters) - Germany's banking regulator BaFin warned on Tuesday that cyber risks were "growing" and "substantial" due to advances in artificial intelligence, and announced a new division will conduct targeted inspections at financial firms.
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Technology
Meta loses court fight over compensation to Italian publishers
LUXEMBOURG, May 12 (Reuters) - Meta Platforms on Tuesday lost its fight against an Italian regulatory order that it should compensate publishers for using snippets of their news articles after Europe's top court sided with the Italian telecoms watchdog.
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Technology
EU takes aim at TikTok, Meta's 'addictive designs' for teens
BRUSSELS, May 12 (Reuters) - The head of the European Commission called on Tuesday for more protections for children against the "addictive designs" of social media platforms like TikTok, Meta and X, raising the possibility of an age limit on teens accessing them.
