Top tech and business news for today, May 25, 2023

  • Meta fined $1.3 billion by the EU for data transfers to the US. The European Commission has fined Meta, the parent company of Facebook, $1.3 billion for violating the General Data Protection Regulation (GDPR) by transferring user data to the US without adequate safeguards. The fine is the largest ever imposed by the EU under the GDPR.

  • Twitter CEO Linda Yaccarino is teetering on the glass cliff. Elon Musk’s appointment of Yaccarino as Twitter’s new CEO has raised concerns about her ability to succeed in the role. Yaccarino is a seasoned media executive, but she has no experience in the tech industry. Some experts believe that she is being set up to fail by Musk, who is known for his aggressive management style.

  • Pegasus spyware is detected in a war zone for the first time. Researchers have found evidence that the Pegasus spyware, developed by the Israeli company NSO Group, was used to target government workers, journalists, and at least one United Nations official in Armenia. The discovery is the first time that Pegasus has been detected in a war zone.

  • Ron DeSantis pushes Elon Musk’s Twitter to its breaking point. Florida Governor Ron DeSantis’s announcement that he is considering running for president in 2024 caused Twitter to experience technical difficulties. The site was down for several hours, and many users were unable to access their accounts. DeSantis’s announcement came just days after Elon Musk purchased Twitter for $44 billion.

  • Sam Altman’s world tour hopes to reassure AI doomers. OpenAI CEO Sam Altman is on a world tour to reassure people that artificial intelligence is not a threat. Altman argues that AI can be used to solve some of the world’s biggest problems, such as climate change and poverty. However, he also acknowledges that there are risks associated with AI, and he says that it is important to be aware of these risks and to develop safeguards to mitigate them.