
Facebook parent posts first revenue decline as a public company
By Clare Duffy, CNN Business Facebook is in decline. Meta, Facebook’s parent company, reported revenue of $28.8 billion for the three months…
Continue ReadingBy Clare Duffy, CNN Business Facebook is in decline. Meta, Facebook’s parent company, reported revenue of $28.8 billion for the three months…
Continue ReadingBy Clare Duffy, Rachel Metz and Brian Fung, CNN The Federal Trade Commission on Wednesday moved to block Facebook-parent Meta from acquiring virtual…
Continue ReadingBy Catherine Thorbecke, CNN Business TikTok on Wednesday said it would share more data with certain researchers to study activity on the platform…
Continue ReadingBy Clare Duffy, CNN Business Twitter has set a date for its shareholders to vote to approve its $44 billion acquisition deal by Elon Musk, despite…
Continue ReadingBy Clare Duffy, CNN Business Online advertising companies have been warning of a slowdown in ad demand amid high inflation and recession fears, and…
Continue ReadingBy Rishi Iyengar, CNN Business Microsoft’s business is taking a hit from events on the other side of the world. The tech giant on Tuesday…
Continue ReadingBy Clare Duffy and Jennifer Korn, CNN Business Tati Bruening was once the textbook example of an Instagram user. Since the pandemic, she has been…
Continue ReadingBy Brian Fung, CNN Facebook-parent Meta is weighing whether to relax its policies against Covid-19 misinformation, proposing a shift from removing…
Continue ReadingBy Catherine Thorbecke, CNN Business Shopify will lay off approximately 10% of its global staff after making the “wrong” bet on how long…
Continue ReadingBy Ramishah Maruf, CNN Google has fired the engineer who claimed an unreleased AI system had become sentient, the company confirmed, saying he…
Continue ReadingBy Sara Ashley O’Brien, CNN Business In early March, after two ultra-fast delivery startups shut down in New York City in a single week, a…
Continue ReadingBy Brian Fung, CNN T-Mobile has agreed to pay $350 million to settle multiple class-action suits stemming from a data breach disclosed last year…
Continue ReadingBy Jennifer Korn, CNN Business For years, the most popular internet browsers have included options to search for and visit websites in…
Continue ReadingBy Rachel Metz and Rishi Iyengar, CNN Business This week, two of the most passionate communities online — gamers and cat lovers — collided with…
Continue ReadingBy Clare Duffy, CNN Business Twitter’s battle with Elon Musk is weighing on its business. The company on Friday reported revenue of $1.18…
Continue ReadingBy Laura He, CNN Business One month ago, Li Jiaqi disappeared from the internet. The 30-year-old livestreamer, also known as Austin Li, was — until…
Continue ReadingBy Clare Duffy, CNN Business Snap’s rough year continues. Shares of Snapchat’s parent company tanked more than 25% in after-hours trading…
Continue ReadingBy Brian Fung, CNN US telecom providers will now be required to block millions of illegal robocalls a day advertising extended vehicle warranties,…
Continue ReadingBy Clare Duffy, CNN Business YouTube on Thursday said it will no longer allow misinformation related to abortion on its platform, including false…
Continue ReadingBy Catherine Thorbecke Amazon on Thursday said it has entered an agreement to acquire primary healthcare company One Medical in an all-cash deal…
Continue ReadingBy Clare Duffy, CNN Business Facebook’s rumored redesign has arrived. Starting Thursday, the platform is splitting up its main…
Continue ReadingBy Michelle Toh, CNN Business Baidu has unveiled plans for an electric self-driving car with a removable steering wheel, marking another step forward…
Continue ReadingBy Jackie Wattles, CNN Business Two astronauts — one European and one Russian — exited the airlock on the International Space Station for a…
Continue ReadingBy Catherine Thorbecke, CNN Business Weeks after Daily Harvest announced the voluntary recall of its French Lentil and Leek Crumbles, the company…
Continue ReadingBy Catherine Thorbecke, CNN Business Apple has agreed to pay $50 million to settle a class action lawsuit from customers who say they experienced…
Continue ReadingBy Jackie Wattles, CNN Business One of four passengers who joined SpaceX’s first-ever space tourism mission last year and who spent months…
Continue ReadingBy Brian Fung, CNN Amazon said Tuesday it has sued the administrators of more than 11,000 Facebook groups allegedly responsible for facilitating the…
Continue ReadingBy Brian Fung, CNN Business The Biden administration is pushing to fill hundreds of thousands of cybersecurity jobs in the United States as part of a…
Continue ReadingBy Kara Scannell, CNN Business The US attorney’s office in Manhattan has opened a civil investigation into workplace safety at Amazon…
Continue ReadingBy Clare Duffy, CNN Business Meta Platforms, the company formerly known as Facebook, has been sued for trademark infringement by MetaX LLC, a company…
Continue Reading