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Filing: College app Fizz accuses VC of sharing confidential startup information with rival Sidechat

A years-long lawsuit between the college-focused social app Fizz and rival Sidechat over unfair competition practices has taken an interesting turn. In a new filing, Fizz is accusing investor Jerry Lu, who is with venture capital firm Maveron, of meeting with Fizz under the guise of exploring a potential investment, but then turning around and…

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EU threatens Meta with fines over addictive features on Facebook and Instagram

The EU announced on Friday that Meta must overhaul Facebook’s and Instagram’s addictive design features or face a fine. The tech giant is in breach of the Digital Services Act by focusing on features like infinite scroll, autoplay, push notifications, and highly personalized recommendation algorithms, the European Commission said. The Commission says these features fuel…

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