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EU officials have launched yet another investigation into a social media company under their new Digital Services Act (D.S.A.) powers, with Meta coming under more scrutiny, this time over its efforts to protect younger users.
“Today, the Commission has opened formal proceedings to assess whether Meta, the provider of Facebook and Instagram, may have breached the Digital Services Act (DSA) in areas linked to the protection of minors. The Commission is concerned that the systems of both Facebook and Instagram, including their algorithms, may stimulate behavioral addictions in children, as well as create so-called ‘rabbit-hole effects’. In addition, the Commission is also concerned about age-assurance and verification methods put in place by Meta.”
Under the DSA, large social platforms operating in Europe are required to “take appropriate and proportionate measures to protect minors”, which also includes a provision to address elements “that may stimulate behavioral addictions of recipients of the service”.
Both Facebook and Instagram arguably do have addictive qualities, as various academic reports have shown, but there will also be some challenge in proving such definitively, and holding Meta to account for the same.
Essentially, the EU Commission is not convinced that Meta has done enough to address these areas of concern, and is now putting the onus on Meta to share evidence of its development.
In response, Meta says that it’s implemented a broad range of tools and policies to protect children, and that it’s looking forward to working with the EU Commission to address their concerns.
It’s the latest investigation launched by EU officials, who’ve already announced probes intoX, and TikTok, as well as another examination of Meta over the distribution of Russian-originated disinformation in its apps. EU officials are keen to pull social platforms into line, in accordance with the new rules, with each violation, if proven, potentially resulting in fines of up to 6% of the platform’s annual global turnover.
So there are big penalties if the platforms fail to adhere to the new guidelines, and as such, every company is also looking to work with EU officials to address any concerns, and keep everything in line.
Though that could be difficult, given the ongoing scrutiny brought upon them by the new requirements. There’s also some level of interpretation in these rules, which could lead to further debate, and potentially legal challenge. But right now, the EU Commission seems keen to poke each platform into line, which I doubt will result in fines just yet, but will see each platform examined for adherence.
In line with a advise published on Thursday, Development Micro will likely be planning to sell the company.
The corporate is already in talks with investment bankers to salvage investors.
A non-public equity firm has already shown curiosity, but no deal has been finalized yet.
Cybersecurity big Development Micro is apparently inquisitive just a few sale. The corporate is at the moment valued at 950 billion yen ($6.5 billion).
The info came by draw of a Reuters advise on Thursday, which published that Development Micro will likely be exploring a sale after it goal lately stumbled on out just a few “buyout curiosity.” This coincided with its inventory prices taking a hit.
For the explanation that foundation of 2023, Development Micro has lost virtually 10% share price. It appears to be like esteem it’s having a disturbing time competing with bigger US-primarily based competitors, equivalent to CrowdStrike, Microsoft, and Palo Alto Networks.
As successfully as to that, the fresh weakening of the yen against the buck might possibly well well furthermore furthermore salvage a job to play in all of this, given that Development Micro is a Tokyo-primarily based company.
Nonetheless, this contrasts with its monetary advise for the 2d quarter, primarily based on which its salvage gross sales elevated by 13% 12 months-over-12 months to $440 million.
Development Micro hasn’t answered to any requests for a comment yet, and unless it makes an legit announcement, there’s no determined ability to salvage out why precisely it’s inquisitive just a few sale.
“As a market-leading publicly traded cybersecurity company, we remain smitten by commerce transformation and customer growth by draw of our commerce-leading AI platform.” – Development Micro spokesperson
In the period in-between, the company is already in talks with investment bankers to help with the formula. Even if no deal has been finalized, a non-public equity firm is reportedly .
About Development Micro
Development Micro was founded in 1988 to procure computer boom security and threat management solutions for both homes and corporations of all sizes. Its fundamental partners contain IBM, AWS, Capgemini, and Microsoft, among others.
Interestingly, the company’s favor to sell appears to be a really fresh and surprising realizing consequently of even in June this 12 months, it announced that it will likely be the use of Nvidia’s technology to procure unique AI-powered cybersecurity instruments to present protection to info companies.
“Whereas many in the commerce are claiming trends in AI security, we’re out showing commerce-serious use cases,” Development Micro CEO Eva Chen had acknowledged serve then.
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LOS ANGELES — Los Angeles’ City Council president is demanding an investigation after video appears to show police from neighboring Burbank dropping off a clearly distressed homeless man in front of his L.A. office and driving away.
The video was released by Council President Paul Krekorian on Friday, and Krekorian said it shows the officers leaving the “severely distressed unhoused man” and abandoning him on the sidewalk in North Hollywood.
In the video, after the officers take the shoeless man out of the back of the police vehicle, he falls to his hands and knees and puts his head on the sidewalk and police then drive away. The man is then seen in the video crawling on the sidewalk.
Krekorian said at a news conference Friday, where he played the security footage, that he was “extremely livid.”
He said there have long been suspicions that cities next to L.A. are “pushing their unhoused population into the city of Los Angeles,” rather than providing care themselves.
“The person fell to the sidewalk, clearly experiencing a mental health crisis as well as physical injuries,” Krekorian said. “And the officers of the Burbank Police Department got back in their vehicle and drove back to Burbank — without giving any aid to this person, without determining whether there was anyone who could provide services to this person.”
“They dumped him in North Hollywood,” Krekorian said.
Burbank is a separate city from Los Angeles, but is right next to and nearly surrounded by the city.
The Burbank Police Department said it responded to a call near a Burbank hospital about a naked man sitting at a bus stop at around 8:45 a.m., and that the man said he had left the hospital voluntarily before they arrived.
The department said the man asked to be taken to the North Hollywood metro station, and en route asked to be let out where he was dropped off so that he could get a cup of coffee.
“To gain cooperation for the individual to put on clothing, the officers offered to drive the individual to a place of his choosing,” police said in a statement. After the man asked to be let out, “the officers complied immediately with his request,” the department said.
Providence Saint Joseph Medical Center in Burbank said in a statement that there was an incident Thursday morning on public property near the hospital, and that among the calls made to police was a hospital security guard “seeking help for a person on a city sidewalk who appeared to be in distress.”
Los Angeles has a homeless crisis it has long struggled to address, and which has been a focus of new Mayor Karen Bass. Los Angeles spends $1 billion a year trying to help its homeless population, Krekorian said, while neighboring cities do far less.
Burbank Mayor Nick Schultz said in a statement on X that “the City of Burbank takes the concerns raised by Los Angeles City Councilmember Paul Krekorian seriously.”
The video was recorded Thursday morning, Krekorian said. It was captured on a security camera on the building where Krekorian’s council office is, and building management reached out to his office later that day, he said.
After his office became aware of the video Thursday, staffers drove around looking for the man and eventually found him and got him medical care through the Los Angeles Fire Department, Krekorian said.
Krekorian said the man told his staff he had sought medical attention for what he believed was a broken leg.
He said the man told his staff that he had recently become homeless outside of the city of Los Angeles.
An estimated 46,260 people are homeless in Los Angeles, according to the annual homeless count conducted last year. There were an estimated 75,518 homeless people in the city and Los Angeles County, according to that count.
Krekorian said he introduced a motion Friday calling on the Los Angeles city attorney, the Los Angeles County district attorney and the state attorney general to investigate. He also said he would be demanding of Burbank’s mayor an investigation and effort to “look to changes in policy that can be made to try to avoid this type of egregious situation.”
He called the actions in the video “callous, cruel, inhumane and also fundamentally irresponsible.”
“As a human being, I was outraged by it, and continue to be,” Krekorian said.
Krekorian said the officers responded to an extremely vulnerable person by “literally dumping him on a sidewalk to fend for himself.”
“It’s a disgrace,” he said.
Burbank police said they are conducting an investigation into the incident, including about the conduct of the officers involved.
“The Burbank Police Department remains committed to treating the unhoused community with compassion and respect, and thanks Los Angeles City Council President Paul Krekorian for bringing this matter to our attention,” the police department said.