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THE DAILY INDEX

Technology, AI, software, security, crypto and business

PROGRAMMING, DESIGN & DATA SCIENCE

TLDR

AMAZON INADVERTENTLY ANNOUNCES CLOUD UNIT LAYOFFS IN EMAIL TO EMPLOYEES

Amazon erroneously sent out a notice to cloud staffers on Tuesday acknowledging organizational changes at the company. The company is expected to announce widespread layoffs across its corporate workforce as soon as this week. The layoffs are meant to reduce management layers and bureaucracy inside the company. The efficiency gains from AI will likely further shrink Amazon's corporate staff count in the coming years.

“IG IS A DRUG”: INTERNAL MESSAGES MAY DOOM META AT SOCIAL MEDIA ADDICTION TRIAL

A high-profile lawsuit against Meta and YouTube that alleges the companies caused psychological harm by designing features like infinite scroll and autoplay is set to begin this week. The case could set a meaningful precedent for hundreds of other complaints. TikTok and Snapchat were also targeted by the lawsuit, but both have settled. The lawsuit seeks untold damages, including potentially punitive damages, to help the plaintiff's family recoup losses and to punish social media companies and deter them from promoting harmful features to kids.

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