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Instagram rolls out safety features, Meta layoffs, and TikTok sued ✋

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Product Scoop
October 18, 2024

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Instagram rolls out new safety features to protect teens from sextortion | TechCrunch

Instagram is introducing a series of new safety features to protect users from sextortion, the company announced on Thursday.

techcrunch.com/2024/10/17/instagram-rolls-out-new-safety-features-to-protect-teens-from-sextortion

Permira completes Squarespace acquisition after upping bid to $7.2B | TechCrunch

Squarespace is now officially a privately-held company, after private equity firm Permira procured all remaining common stock in the firm.

techcrunch.com/2024/10/17/permira-completes-squarespace-acquisition-after-upping-bid-to-7-2b

Tesla’s bot non-disclosure and why humanoid robots are taking off

Equity dives into Tesla’s Optimus bots, the market opportunity for humanoid robots, and who else is leading the charge in this industry. 

techcrunch.com/podcast/teslas-bot-non-disclosure-and-why-humanoid-robots-are-taking-off

Intel is a security risk for China, says influential industry group | CNN Business

Intel products sold in China should be subject to a security review, the Cybersecurity Association of China (CSAC) said on Wednesday, alleging the US chipmaker has “constantly harmed” the country’s national security and interests.

www.cnn.com/2024/10/16/tech/china-intel-security-review-intl-hnk/index.html

TikTok sued by 14 attorneys general over alleged harm to children’s mental health | CNN Business

A bipartisan group of 14 attorneys general from across the country filed lawsuits on Tuesday against TikTok, alleging that the platform has “addicted” young people and harmed their mental health.

www.cnn.com/2024/10/08/tech/tiktok-sued-14-states-childrens-mental-health/index.html

Meta lays off employees across multiple teams | TechCrunch

Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate

techcrunch.com/2024/10/16/meta-lays-off-employees-across-multiple-teams