COMPANIES

States press Facebook to halt Instagram Kids launch

A bipartisan group of more than three dozen state attorneys general is urging Facebook to halt its plans to launch a version of Instagram for children under the age of 13, citing concerns about the safety and well-being of children and the “harm” social media poses to young people.

Intel spending $10B on new chip plant

Intel said on Sunday it will invest another $600 million in Israel to expand its research and development (R&D) and confirmed it was spending $10 billion on a new chip plant.