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WSJ Tech News Briefing

Snap Knew of Sextortion Risks, State Lawsuit Alleges

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 3 October 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

A lawsuit brought by New Mexico claims Snap failed to disclose or effectively address risks of sextortion, in which predators solicit explicit photos and then use them to blackmail the sender. WSJ reporter Jeff Horwitz tells host Zoe Thomas about the lawsuit’s allegations. Plus, venture capital pioneer Vinod Khosla says AI will drive deflation, but the productivity gains will allow governments to create social safety nets. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

exchanges, the Goldman Sachs podcast featuring exchanges on rates, inflation and US

0:11.2

recession risk exchanges on the market impact of AI.

0:15.0

For the sharpest analysis on forces driving the markets and the economy

0:20.0

count on exchanges between the leading minds at Goldman Sachs.

0:24.0

New episodes every week.

0:26.0

Listen now. Welcome to Tech News Briefing. It's Thursday, October 3rd. I'm Zoe Thomas for the Wall Street Journal.

0:41.0

A Silicon Valley pioneer says artificial intelligence will drive down the costs of services,

0:47.6

ushering in an age of abundance that can support a robust social safety net if we let it. We'll find out about the

0:55.8

note Coelas take on AI's potential impact. And then how do you warn users about the risks of sending explicit photos without

1:06.0

scaring them off your platform? That's an issue snap grappled with and failed to

1:12.0

effectively address, according to an unredacted version of a lawsuit brought against the company by New Mexico.

1:19.0

The state says SNAP put growth over safety and failed to disclose design features that make its platform a haven

1:26.0

for abuse and extortion.

1:28.8

Our reporter Jeff Horwitz joins us to talk about the case.

1:41.4

First up, venture capital pioneer, the node cozla, is all in on AI.

1:45.0

Here's cozla on the Wall Street Journal Pro's Executive Insights Podcast available on W.S.J Special Access.

1:48.0

Most expertise in the world, whether you're talking about

1:52.0

structural engineers or

1:53.2

oncologists, mental health therapists or primary care doctors or

1:58.3

journalists, teachers, that expertise will be near free.

2:04.0

That voice you hear interjecting is Stephen Rosenbush, one of our W.S.J. Pro Bureau Chiefs.

2:10.0

He spoke with Koesla, and Stephen is with us now. So tell us more about

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