Zuckerberg apologises to social media abuse victims

 

Meta CEO Mark Zuckerberg has apologised to the families of victims of online harms during a Congressional hearing.

US lawmakers accused executives at some of the world’s biggest social media platforms of having “blood on their hands” for failing to protect children who go online.

US senator Lindsey Graham called out Zuckerberg and other tech leaders during a Senate Judiciary Committee for a Wednesday hearing entitled “Big Tech and the Online Child Sexual Exploitation Crisis.”

Zuckerberg was joined at the hearing by X CEO Linda Yaccarino, TikTok CEO Shou Chew, Snap CEO Evan Spiegel and Discord CEO Jason Citron.

Questioned by Republican senator Josh Hawley over whether Zuckerberg would like to apologise to families who were sitting in the audience who were holding photos of children who they claimed died or were harmed due to his platform, the social media said:

“I’m sorry for everything you have all been through.”

“No one should go through the things that your families have suffered, and this is why we invest so much, and we are going to continue doing industry-wide efforts to make sure no one has to go through the things your families have had to suffer.”

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Musk threatens to move Tesla HQ after Delaware judge voids $55bn pay packet

 

Elon Musk has threated to relocate Tesla from the US state of Delaware after a state judge voided the CEO’s proposed $55.8 billion pay package, saying it was unfair to shareholders in the electric carmaker.

Swept up by the rhetoric of ‘all upside,’ or perhaps starry-eyed by Musk’s superstar appeal, the board never asked the $55.8 billion question: Was the plan even necessary for Tesla to retain Musk and achieve its goals?” Delaware Court of Chancery Judge Kathaleen McCormick said in her ruling.

The ruling prompted a furious response from Musk, who took to X (the social media platform he owns) to lash out at the decision to reject his wages. He also launched a poll asking users if Tesla should shift its incorporation to Texas, where it is headquartered.

“Never incorporate your company in the state of Delaware,” he posted, following it up with a suggestion to incorporate in Nevada or Texas.

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BICS partners AWS for cloud roaming

 

Telco BICS has launched a new cloud roaming service using Amazon Web Service’s global network.

The partnership means BICS customers – which include other telcos and enterprises – will benefit from much faster speeds for users connecting while abroad.

BICS will leverage AWS for backhaul services, which it claims will reduce complexity for roaming, by redirecting traffic to a local AWS hub.

The new service is targeted at Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MVNOs).

 

Hackers steal $112 million of XRP Ripple cryptocurrency

 

Hackers have stolen around $112 million in XRP crypto currency from a digital wallet belonging to the co-founder of platform Ripple, according to the tech executive.

In a post on X, Ripple’s Chris Larsen said there had been an unauthorised access to his XRP accounts, and that law enforcement was already involved.

Larsen’s post came just after crypto security researcher ZackXBT disclosed details of the hack, saying the stolen funds had already been laundered through other crypto platforms including Binance and Kraken.

Ripple has been around since 2012 and aims to be a payments and enterprise infrastructure provider made up of a network, protocol and decentralized public ledger called XRP Ledger.

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