YouTube and Snap settle over social media addiction in schools claim, Replit resolves Apple App Store dispute, OpenAI launches new personal finance feature.
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Show Notes
YouTube and Snap Settle School Addiction Lawsuit
YouTube and Snap have reached settlements ahead of what would have been the first trial over claims that social media addiction harms students and disrupts learning in public schools. The lawsuit, brought by a rural Kentucky school district in federal court in Oakland, California, accused major platforms of contributing to a youth mental health crisis that forced schools to spend heavily on intervention efforts. TikTok and Meta remain defendants in the case, which is still scheduled for trial in June.
Source: Bloomberg
Replit Ships First iPhone Update After Apple Dispute
Replit released its first iPhone app update four months after resolving an App Store dispute with Apple tied to how AI-generated apps were previewed on iOS. The update adds Replit’s new Agent 4 AI coding system, support for parallel AI agents, team collaboration tools, and workspace project viewing. The company did not say what specifically changed with Apple.
Source: 9to5Mac
ArXiv Cracks Down on AI-Generated Research Papers
ArXiv says it will ban researchers for one year if they submit papers containing clear signs of unchecked AI-generated content, part of a broader push to reduce low-quality AI-written research. Computer science section chair Thomas Dietterich said violations include hallucinated citations, fake data placeholders, and leftover chatbot prompts embedded in papers. After a ban, authors will also need future submissions accepted by a reputable peer-reviewed venue before posting to ArXiv again.
Source: 404 Media
X Agrees to New UK Moderation Commitments
X agreed to new commitments with UK regulator Ofcom to crack down on illegal hate speech and terrorist content, including reviewing at least 85% of user reports within 48 hours and blocking UK access to accounts linked to terrorist groups. The agreement follows an Ofcom investigation into whether major platforms are enforcing the UK’s Online Safety Act. A separate investigation into X’s Grok chatbot and illegal content handling is still ongoing.
Source: The Verge
OpenAI Adds Personal Finance Features to ChatGPT
OpenAI launched a new personal finance feature in ChatGPT that lets U.S. Pro subscribers connect bank, brokerage, and credit card accounts through Plaid and ask questions about spending, investments, subscriptions, and long-term planning. The tool supports more than 12,000 financial institutions including Chase, Fidelity, Schwab, and Robinhood, and follows OpenAI’s acquisition of the team behind finance startup Hiro. OpenAI says more than 200 million users already ask ChatGPT finance-related questions each month.
Source: TechCrunch
Mayo Clinic Using AI “Ambient Listening” in ER Visits
Mayo Clinic is said to be using an “Ambient Listening” system that records patient interactions with nurses, including in emergency rooms, and processes the conversations with AI to generate notes. Recordings are enabled by default, though patients can opt out, raising concerns that some patients may not realize they have that option. The report references a recent University of Washington-led study published in Annals of Internal Medicine that found AI-generated clinical notes were often lower quality than notes written by human clinicians.
Source: 404 Media
FTC Opens Antitrust Probe Into Arm
The U.S. Federal Trade Commission has reportedly opened an antitrust investigation into Arm over concerns the chip designer could abuse its dominance in semiconductor licensing. Regulators are examining whether Arm may restrict or degrade access to CPU blueprint licenses for customers while expanding its own chip development efforts.
Source: Bloomberg
SpaceX Said to Accelerate IPO Timeline
Reuters reports that SpaceX is accelerating its IPO timeline and now plans to debut on the Nasdaq as early as June 12 under the ticker SPCX following a faster-than-expected SEC review process. The company could reportedly begin its investor roadshow on June 4 and price shares on June 11 in what may become the largest IPO ever. SpaceX is said to be targeting a valuation of about $1.75 trillion and could raise roughly $75 billion in the offering.
Source: Reuters
AI-Exposed Jobs Continue to Decline Across the US
New data from the U.S. Bureau of Labor Statistics suggests AI-exposed jobs are continuing to shrink across the workforce. Employment in 18 occupations flagged as vulnerable to AI fell 0.2% between May 2024 and May 2025, even as overall U.S. employment grew 0.8%, with customer service, secretarial, and sales roles seeing the largest declines. Separate Goldman Sachs research also found occupations highly exposed to AI substitution are now seeing job openings fall below pre-pandemic levels, adding to signs that AI tools may already be reshaping hiring patterns.
Source: Bloomberg
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