Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks 
Microsoft Reportedly Plans New Job Cuts Across Sales, Consulting, and Xbox 
DOJ Clears Paramount Skydance-Warner Bros. Discovery Merger Without Conditions 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
TSMC CoWoS Capacity Forecast Raised as Mizuho Sees AI Server CPU Demand Surging Through 2027 
California Drivers Sue BP, Walmart, 7-Eleven Over Alleged AI Gas Price Fixing 
Texas Man Charged After Fatal Tesla Full Self-Driving Crash in Katy 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms 
Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
DOJ Sues Virginia Over Law Enforcement Mask Ban 
US Stock Futures Hold Steady Ahead of June Jobs Report as Fed Rate Outlook Remains in Focus 
DOJ Seeks Dismissal of Fraud Charges Against Gautam Adani in U.S. Court 
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence 
The South Korean watchdog on personal information protection proposed that Facebook pay 300,000 won in compensation to each of 181 users over breach of their data.
The Personal Information Protection Commission (PIPC) also proposed that Facebook abide by the users' demand for disclosure of information on what personal data were leaked and to whom, from Facebook.
The PIPC's dispute mediation panel in charge of settling a dispute between Meta Platforms, Inc. and South Korean users made the recommendation.
The group of South Korean Facebook users collectively filed for a damage relief process with the PIPC in April.
It stemmed from PIPC's finding in November that Facebook passed personal data, including the list of friends, of at least 3.3 million South Korean users without their consent to third parties between May 2012 and June 2018.
The global platform giant, which has 18 million users in South Korea, was fined 6.7 billion won for the privacy law violations at that time.
According to PIPC, over 10,000 third-party app developers gained access to the personal information of local Facebook users.
If the parties accept the proposal, it will have the same legal effect as a court's final decision on a civil suit.
According to Kim Il-hwan, the head of the dispute mediation panel, they expect Facebook to accept the proposed deal to fulfill its obligations on personal data protection.
