The court’s location

Meta is the world’s ‘single largest marketplace for paedophiles’, says New Mexico attorney general — Internal company documents obtained by the attorney general’s office as part of its investigation have also revealed that the company estimates about 100,000 children using Facebook and Instagram receive online sexual harassment each day.

Meta’s Reality Labs loses record $4.65 billion ahead of Apple’s Vision Pro launch — Meta continues to sink billions of dollars a quarter into developing the metaverse. The metaverse division has now lost more than $42 billion since the end of 2020.

Meta’s $197 Billion Surge Is Biggest in Stock-Market History — It was only a couple of years back the Facebook owner suffered the single biggest market value destruction in stock-market history. But the company has come a long way since then, on Thursday it dazzled shareholders with yet another impressive quarterly earnings report as the social media giant focuses on cutting back costs and shoring up billions in profits. The stock rose as much as 21% Friday, poised to add roughly $200 billion to its market capitalization. This would be the biggest single-session market value addition, eclipsing the $190 billion gains made by Apple and Amazon in 2022.

The private data of European citizens can legally be surveilled by U.S. intelligence agencies, but unlike Americans, Europeans have no recourse under American law if agencies overreach. As Europe began to implement its stringent 2018 data-privacy law, that imbalance sat badly with EU authorities […] The 2020 ruling officially halted the flow of personal data between the EU and the United States, and created the risks of large fines for companies that continued to put European data on U.S. servers. Meta, most prominently, was hit with a $1.2 billion fine in May for continuing to transfer European user data to its U.S. servers. Biden’s proposal for a new data court created a path for Europeans to access American surveillance protections, and in July, European officials declared it adequate to the task, reopening a smoother transatlantic data trade. The court never officially opened for business, at least not publicly. […] The court’s location is a secret, and the Department of Justice will not say if it has taken a case yet, or when it will. Though the court has a clear mandate — ensuring Europeans their privacy rights under U.S. law — its decisions will also be kept a secret

“In the past 20 years, price per earnings was something you could grasp; today [it’s] all over the place. It’s a modern accident, an accident of history, we have no idea how to value companies. It’s mostly narratives and stories about the future to raise money so you can sell to someone else. Think of the number of people who made a lot of money in venture capital off of companies that ended up making no money. Someone got stuck with that bill at the end of the meal.” […] Currently the American national debt stands at $34.14 trillion—about $100,000 for every person in the U.S.

Craig Wright Dr. has long claimed he is the founder of Bitcoin, Satoshi Nakamoto. However, due to a lack of conclusive proof, few in the industry believe him. A trial in London may bring us closer to finding the answer.

Crypto Mining Consumes a Mind-Boggling 2% of U.S. Electricity

Germany: Police seize bitcoins worth €2 billion

Google will no longer be keeping a backup of the entire Internet. Google Search’s “cached” links have long been an alternative way to load a website that was down or had changed, but now the company is killing them off.

Can This A.I.-Powered Search Engine Replace Google? It Has for Me. — A start-up called Perplexity shows what’s possible for a search engine built from scratch with artificial intelligence.

unelected political elites such as lobbyists, civil servants, journalists, and the like exhibit egocentrism bias, rather than partisan confirmation bias, astheir perceptions about others’ opinions systematically correspond to their own policy preferences.

The US is dealing with an “out-of-control” epidemic of sexually transmitted infections […] it is the recent rise in syphilis that is concerning health officials most.

Why flying insects gather at artificial light

How to do things if you’re not that smart and don’t have any talent

For millennia, people slept in two shifts – once in the evening, and once in the morning. How did the habit disappear?

Should you flush with toilet lid up or down? Study says it doesn’t matter