Pfizer Lyme disease vaccine fails trial, company to seek FDA approval
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Meta, Google Found Liable in Social Media Addiction Case
A Los Angeles jury found that Google and Meta are liable and must pay damages to a woman who alleged that social media platforms from the tech companies were addicting and caused her to have a mental health crisis. Bloomberg's June Grasso broke down the landmark case and said because it is the first of its kind to go to trial, it is a bellwether for future cases, but also cautioned against reading too much precedent into one case. (Source: Bloomberg)
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OpenAI Shuts Down Sora, Refocuses on Code AGI and Model Spud
OpenAI **discontinues Sora and all video generation products** to redeploy compute resources toward competing with Anthropic in enterprise coding and knowledge work. CEO Sam Altman **narrows his role to focus on capital, supply chains, and data centers**; Fiji Simo's product division becomes 'AGI Deployment' team. New model 'Spud' completes pre-training with expectations to 'accelerate the economy'; **Disney cancels $1B investment partnership** following Sora shutdown.