from the we’re-addicted-to-calling-habits-addictions dept This week, a major trial kicked off in Los Angeles in which hundreds of families sued Meta, TikTok, Snap, and YouTube, accusing the companies of intentionally designing their products to be addictive (though Snap and TikTok both settled on the eve of the trial) . From the Guardian: For the first time, a huge group of parents, teens and school districts is taking on the world’s most powerful social media companies in open court, accusing the tech giants of intentionally designing their products to be addictive. The blockbuster legal proceedings may see multiple CEOs, including Meta’s…

Financial technology company Dakota launched a stablecoin infrastructure platform as more enterprises look to adopt digital dollars without taking on the operational and regulatory burden of custody and compliance.Dakota will handle custody, compliance and settlement on behalf of its clients. CEO Ryan Bozarth told Cointelegraph that the company operates in the US as a registered Money Services Business, while working with licensed banking and regulated payments partners in other regions. It is also pursuing Electronic Money Institution and Crypto-Asset Service Provider licenses in Europe.This arrangement, according to Bozarth, enables Dakota to offer cross-border money movement without customers becoming regulated financial…

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