The European Commission has concluded its preliminary investigation into social media platform X and is poised to decide on a fine amounting to millions of euros, according to reports from Germany’s Handelsblatt newspaper. The probe’s findings and implications are expected to be revealed soon.
The investigation, conducted under the European Union‘s strict digital regulations, signals the bloc’s commitment to ensuring compliance from major tech companies operating within Europe. Details about the specific breaches or concerns raised during the probe have not yet been disclosed.
The European Commission has not commented on the report. The decision to impose a substantial fine would mark a significant move in enforcing its Digital Services Act, aimed at holding tech platforms accountable.
Meta has begun testing advertisements on its Threads platform in the US and Japan, targeting a small group of users with image ads in their home feeds. The trial comes as the platform surpasses 300 million monthly active users. Businesses will have the opportunity to extend their existing Meta campaigns to Threads, with the company closely monitoring the tests before a wider rollout.
Advertisers will also benefit from a new inventory filter powered by AI, enabling control over the type of content their ads appear alongside. Analysts suggest that while Threads is still a minor player in Meta’s overall revenue strategy, growing uncertainty around TikTok has led brands to explore alternative platforms.
Launched in July 2023 as a competitor to X, formerly known as Twitter, Threads continues to attract users following X’s controversial changes under Elon Musk. Meta’s plans to expand its AI infrastructure with a $65 billion investment this year further highlight its ambitions to remain competitive with tech giants such as OpenAI and Google.
While Threads is not expected to contribute significantly to Meta’s revenue by 2025, its integration into Meta’s broader ad ecosystem demonstrates the company’s efforts to capitalise on the platform’s growing popularity.
Meta Platforms plans to invest up to $65 billion in 2025 to strengthen its artificial intelligence infrastructure, positioning itself against competitors OpenAI and Google. Chief Executive Mark Zuckerberg announced the plans, including ramped-up hiring for AI roles and the development of a massive 2-gigawatt data centre, enough to cover much of Manhattan.
The company, a significant buyer of Nvidia’s AI chips, aims to have over 1.3 million graphics processors in place by the end of the year. Meta intends to introduce about 1 gigawatt of computing power in 2025, marking a pivotal step in its strategy. Zuckerberg highlighted the transformative potential of AI, predicting its influence on Meta’s products and business over the coming years.
Competition in the AI sector has intensified, with companies like Microsoft and Amazon also committing tens of billions to AI infrastructure. Meta’s announcement follows news of Stargate, a $500 billion AI venture involving OpenAI, SoftBank, and Oracle. Analysts suggest Meta’s timing underscores its determination to remain a key player in the AI race.
Meta has distinguished itself with its open-source Llama AI models, which are freely accessible to consumers and businesses. Zuckerberg expects Meta’s AI assistant, already serving 600 million users, to reach over 1 billion by 2025. The planned investment significantly exceeds previous spending levels, signalling Meta’s commitment to leading in the rapidly evolving AI landscape
The founder and former CEO of GameOn, an AI startup in San Francisco, has been indicted for orchestrating a six-year-long fraud scheme that allegedly defrauded investors and the company out of over $60 million. Alexander Beckman, 41, faces 23 criminal charges, while his wife, Valerie Lau Beckman, 38, who worked as a lawyer for the company, is charged with 16 counts, including obstruction. Both have pleaded not guilty. The US Securities and Exchange Commission has also filed civil charges against the couple.
Beckman is accused of deceiving investors by inflating the company’s financial status, including fabricating fake customer relationships, overstating revenue, and creating fraudulent bank statements and audit reports. He allegedly went as far as impersonating individuals to share false information. Meanwhile, Lau Beckman allegedly assisted her husband by providing authentic audit reports to help fabricate false documents and delete critical files after an investigation began.
The Beckmans are also accused of misusing investor funds for personal expenses, including purchasing a luxury home, vehicles, and covering costs for their wedding. The fraudulent activities reportedly continued up until Beckman’s resignation as CEO in July 2024. GameOn, which has since been rebranded as On Platform, eventually admitted to the financial discrepancies and laid off most of its employees.
The case underscores the need for integrity in the tech industry, particularly within startups, as federal prosecutors emphasise that fraud cannot fuel innovation.
Oracle has introduced a suite of AI agents designed to streamline tasks for sales professionals. Unlike consumer-focused virtual assistants, these agents specialise in specific functions, such as updating records after customer meetings and compiling detailed reports to assist with deal negotiations. The agents can integrate data from across Oracle’s business software ecosystem, even translating information from different languages to offer sales teams a comprehensive view of customer interactions.
A notable feature of the new system is its ability to highlight critical insights, such as delays in shipments affecting repeat customers in other regions, which can help sales teams navigate negotiations more effectively. Rob Pinkerton, Oracle’s senior vice president, emphasised the global relevance of the technology, especially for companies operating in multiple markets. The tools are particularly tailored for industries like manufacturing and logistics, where accurate and timely data is crucial.
The AI agents are available to customers starting this week at no additional cost, reflecting Oracle’s commitment to enhancing its software offerings. The move aligns with broader industry trends, as competitors like Microsoft and Google also focus on deploying specialised AI to increase productivity and tackle complex challenges in enterprise environments.
The US government is introducing the Cyber Trust Mark, a new security certification aimed at safeguarding smart home devices against cyber threats. Launching later this year, the programme will provide consumers with a clear indicator of which gadgets meet strict cybersecurity standards set by the National Institute of Standards and Technology (NIST). Devices such as smart cameras, fitness trackers, and baby monitors are among those eligible for the label.
To qualify, manufacturers must implement measures such as strong default passwords, software updates, and data protection protocols. Shoppers can also scan a QR code accompanying the label for detailed security information, including tips on setup and maintenance. The initiative comes in response to the rising threat of hackers targeting home networks, with the average US household now owning over 20 connected devices.
Retail giants like Amazon and Best Buy are backing the programme, highlighting compliant products to help consumers make informed choices. While the Cyber Trust Mark focuses on wireless Internet of Things (IoT) gadgets, some devices, including medical equipment, cars, and wired products, are excluded. The scheme marks a significant step toward protecting homes from cybercrime as digital threats continue to grow.
What impact this label will have on consumer habits remains to be seen, but it’s already drawing support from major tech firms like Google and Samsung, signalling a collective move towards better digital security.
The Japanese government has launched a new initiative, “Digital Positive Action,” to tackle the spread of online disinformation. The project, spearheaded by the communications ministry, brings together 19 firms and organisations, including Google, NTT Docomo, Meta, and the operator of Japan’s messaging app Line. The collaboration will focus on creating a dedicated website and educational materials to counter false information.
The initiative seeks to address how disinformation is often amplified for profit through higher engagement and advertising revenue. By consulting with public and private sectors, the government aims to make credible information more accessible and equip users with tools to recognise and resist misleading content.
Parliamentary Vice Communications Minister Hideto Kawasaki emphasised the goal of fostering a safer digital environment, while Keio University professor Tatsuhiko Yamamoto highlighted the need to shift societal attitudes, discouraging the pursuit of attention at any cost. With tech giants on board, Japan hopes to lead the charge in curbing the harmful effects of disinformation online.
UK citizens will soon be able to carry essential documents, such as their passport, driving licence, and birth certificates, in a digital wallet on their smartphones. This plan was unveiled by Peter Kyle, the Secretary of State for Science, Innovation and Technology, as part of a broader initiative to streamline interactions with government services. The digital wallet, set to launch in June, aims to simplify tasks like booking appointments and managing government communications.
Initially, the digital wallet will hold a driving licence and a veteran card, with plans to add other documents like student loans, vehicle tax, and benefits. The government is also working with the Home Office to include digital passports, although these will still exist alongside physical versions. The app will be linked to an individual’s ID and could be used for various tasks, such as sharing certification or claiming welfare discounts.
Security and privacy concerns have been addressed, with recovery systems in place for lost phones and strong data protection measures. Kyle emphasised that the app complies with current data laws and features like facial recognition would enhance security. He also reassured that while the system will be convenient for smartphone users, efforts will be made to ensure those without internet access aren’t left behind.
The technology, developed in the six months since Labour took power, is part of a push to modernise government services. Kyle believes the new digital approach will help create a more efficient and user-friendly relationship between citizens and the state, transforming the public service experience.
Britain’s Competition and Markets Authority (CMA) has opened an investigation into the dominance of Apple and Google in the smartphone ecosystem. The probe will examine their operating systems, app stores, and browsers to determine whether their ‘strategic market status’ stifles competition and innovation, particularly for businesses developing content and services.
CMA Chief Executive Sarah Cardell emphasised the potential for more competitive mobile ecosystems to drive innovation and boost economic growth in the UK. Both Apple and Google defended their practices, with Apple highlighting its ecosystem’s support for jobs in Britain and Google pointing to Android’s openness as a driver of choice and affordability.
The investigation, the CMA’s second under new regulatory powers, will explore whether Apple and Google are leveraging their dominance unfairly by prioritising their apps and services or imposing restrictive terms on developers. A conclusion is expected by October 22, 2025, as Britain continues to tighten its oversight of major tech companies.
CLS Global, a cryptocurrency financial services company based in the United Arab Emirates, has agreed to plead guilty to US charges of market manipulation. The company was implicated in “Operation Token Mirrors,” a groundbreaking FBI investigation that utilised an undercover digital token to expose fraud in the cryptocurrency sector. Prosecutors revealed CLS had engaged in illegal practices, including wash trading, to manipulate the market for a token created by the FBI.
The probe, launched last year, involved creating a fake cryptocurrency company and token called NexFundAI to uncover illicit activities. CLS admitted to providing fraudulent trading services for the token, artificially inflating its trading volume and price. As part of a plea deal, CLS will pay $428,059 in penalties, cease operations involving US cryptocurrency platforms, and adopt stricter compliance measures.
The case marks a major milestone in law enforcement’s efforts to regulate the cryptocurrency industry and combat fraudulent practices. Federal prosecutors described the operation as a model for tackling crypto-related crime, demonstrating the FBI’s innovative approach to targeting market manipulators. CLS also agreed to settle related civil charges with the US Securities and Exchange Commission.
