Roblox agrees to $12 million Nevada settlement and sweeping child safety overhaul
In a landmark deal described as a "bellwether" for the gaming industry, Roblox Corporation has reached a $12.5 million settlement with the state of Nevada to resolve allegations that the platform failed to adequately protect its youngest users from predators and harmful content. Nevada Attorney General Aaron Ford announced the agreement on April 15, 2026, following an investigation into the platform’s architecture. While Roblox disputed the claims of negligence, the company o
McGraw Hill data breach exposes 13.5 million users following Salesforce misconfiguration
Education publishing giant McGraw Hill has confirmed a significant data breach after an extortion attempt by the cybercriminal group ShinyHunters led to the public leak of 13.5 million user records. The breach, which came to light this week, was traced back to a misconfiguration in the company’s Salesforce environment. This security lapse allowed unauthorized access to a webpage hosted on the platform, enabling attackers to exfiltrate over 100GB of data. Editorial credit: Sun
Meta to slash 8,000 jobs in May as AI pivot triggers new wave of layoffs
Meta Platforms is preparing to eliminate approximately 8,000 roles on May 20, marking the first phase of a significant workforce reduction that could eventually impact up to 20% of the company’s global staff. The initial cut represents roughly 10% of Meta’s current workforce. Editorial credit: gguy / Shutterstock According to internal sources, these layoffs are a direct result of CEO Mark Zuckerberg’s aggressive shift toward artificial intelligence. While the company is in a
OnlyFans targets $3 billion valuation amid talks to sell stake to US investor
OnlyFans, the UK-based platform synonymous with creator-driven adult content, is in advanced negotiations to sell a minority stake to San Francisco-based Architect Capital. The deal reportedly values the company at more than $3 billion (£2.2 billion). The potential sale comes at a critical juncture for the London-headquartered firm, following the death of its billionaire owner Leonid Radvinsky last month at age 43. Editorial credit: Mehaniq / Shutterstock Analysts are viewing
AI chipmaker Cerebras files for Nasdaq listing following $20 billion OpenAI deal
Cerebras Systems, the semiconductor startup challenging Nvidia’s dominance in the AI infrastructure market, officially filed for an initial public offering (IPO) on Friday, April 17. The company plans to list on the Nasdaq Global Select Market under the ticker symbol "CBRS" in what is expected to be one of the largest semiconductor debuts in history. The filing reveals a company in the midst of an explosive growth phase, swinging from a $482 million loss in 2024 to a $238 mil
