Data Privacy
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South Korea Abandons AI Textbook Program
South Korea’s ambitious AI textbook program, launched with substantial government funding, has been largely rolled back after only four months due to numerous issues. Problems included inaccurate content, student data privacy concerns, increased burdens on educators and students, and technical glitches hindering learning. A rushed development timeline and potential political factors contributed to the failure, raising questions about the readiness and ethical implications of AI in education. The initiative, intended to revolutionize learning, serves as a cautionary tale about the complexities of integrating technology into education.
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U.S. Federal AI Regulation Looms, Says Sen. Blackburn
Amid rising AI concerns, states are enacting regulations, prompting Senator Blackburn to urge federal preemption. California’s recent AI measures, including chatbot safeguards, contrast with vetoed stricter conditions. Blackburn calls for federal action, citing the inability to pass preemptive legislation on children’s online safety due to tech company resistance. She advocates for comprehensive consumer privacy, data protection against LLMs, and safeguards against unauthorized AI use of personal likeness, emphasizing adaptable regulations focused on “end-use utilizations” reflecting fast AI changes. Parental concerns over AI’s impact on children are also rising.
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AppLovin Stock Plummets Amid SEC Probe into Data Collection
AppLovin’s stock (APP) fell sharply after a Bloomberg report revealed an SEC probe into its data collection for targeted advertising. The investigation, spurred by a whistleblower and short-seller concerns, centers on potential violations of advertising agreements. AppLovin, recently added to the S&P 500, defends its practices, but the news triggered a significant stock decline after a period of substantial growth fueled by its AI-powered AXON engine. Short-sellers have previously criticized AppLovin’s data privacy and ad targeting, alleging violations of app store terms of service.
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Meta Greenlights AI Chat-Based Ads on Facebook, Instagram
Meta is integrating its generative AI assistant, Meta AI, across Facebook, Instagram, and WhatsApp to enhance ad targeting and content recommendations starting December 16th. By analyzing user interactions with Meta AI, the system will personalize experiences, potentially showing related Reels or ads based on conversations. Voice interactions via Ray-Ban Meta glasses will also contribute. While users can’t opt out, those not using Meta AI won’t be affected. The rollout begins in the UK and EU, reflecting Meta’s push to monetize AI while navigating data privacy concerns.
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Marketing AI Boom Faces Consumer Trust Crisis
AI adoption in marketing is widespread (92%), but a study reveals a growing trust gap between marketers and consumers regarding personal data usage. While AI accelerates campaigns and boosts engagement, 63% of consumers distrust its data handling. New regulations like the EU AI Act are prompting ethical revisions. Retailers are urged to demonstrate AI’s value by simplifying shopping, ensuring transparency, and enriching customer experiences. Success stories emphasize using AI to solve tangible customer problems and fuel human creativity. Marketers plan increased AI investment, focusing on bridging the perception gap.
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JOYY Reports First Quarter 2025 Financial Results (Unaudited)
JOYY Inc. (NASDAQ: JOYY) reported mixed Q1 2025 results, with lower overall revenue but improved profitability driven by diversification and cost management. Non-livestreaming revenue surged. The company returned capital to shareholders via dividends and share repurchases. User metrics showed declines, but net cash remains strong. JOYY forecasts revenue growth for Q2, emphasizing its strategic shift and diversified business model, particularly in advertising.