US senators call for investigation of scam ads on Facebook and Instagram

U.S. Senators have sent letters to major AI companies, including Google, Meta, Microsoft, and OpenAI, demanding detailed accounts of their efforts to combat scammers utilizing their platforms. This inquiry highlights growing concerns over the misuse of technology by fraudsters and the responsibility of tech firms to safeguard users.

Paramount Skydance has initiated a $108 billion hostile takeover bid for Warner Bros Discovery, which includes major media assets such as CNN and HBO. This move comes after Netflix secured a $72 billion deal for Warner's studios and streaming unit, intensifying the competition in the media landscape.