CNN – Social Media/Technology

By Rishi Iyengar, CNN Business For close to two decades, Apple and China have been inextricably linked. The world’s most populous country not only accounts for the bulk of Apple’s device manufacturing but also a significant portion of its sales. This year, however, several cracks have started to appear in an otherwise mutually beneficial relationship.

By Clare Duffy, CNN Business Facebook is in decline. Meta, Facebook’s parent company, reported revenue of $28.8 billion for the three months ending in June, a 1% drop from the prior-year quarter and its first year-over-year revenue decline since going public in 2012. The company’s profit fell far more sharply. Net income during the quarter

By 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 the company’s ongoing legal battle with the billionaire Tesla CEO over the deal. The company on Tuesday sent shareholders a letter saying it would hold a virtual special meeting

By Clare Duffy, CNN Business Online advertising companies have been warning of a slowdown in ad demand amid high inflation and recession fears, and despite its size, Google has been no exception. Sales from Google’s core advertising business hit $56 billion during the three months ended June 30, the company reported Tuesday. That marks an

By 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 attributed lower-than-expected earnings to developments in China and Russia, including the former’s extended Covid lockdowns and the latter’s war against Ukraine. Microsoft recorded $51.9 billion in revenue and $16.7 billion

By Clare Duffy and Jennifer Korn, CNN Business Tati Bruening was once the textbook example of an Instagram user. Since the pandemic, she has been building her career as a photographer on the platform and attracted hundreds of thousands of followers in the process. But recently, her relationship with Instagram started to change. On Monday,

By 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 self-proclaimed pioneer in the space appeared to see an opportunity for some media attention. Getir, a Turkish startup founded in 2015, had recently raised $768 million in funding valuing it

By 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 affecting tens of millions of people. In the proposed settlement announced Friday, T-Mobile also agreed to spend an extra $150 million on cybersecurity through the end of 2023. Court documents outlining

By Jennifer Korn, CNN Business For years, the most popular internet browsers have included options to search for and visit websites in “private” modes. Those options may now be viewed as vital tools for some in the wake of Roe v. Wade’s demise, as abortion-seekers look to avoid having their personal data used against them

By Rachel Metz and Rishi Iyengar, CNN Business This week, two of the most passionate communities online — gamers and cat lovers — collided with the release of a new video game that lets you play as an adorable orange tabby cat. “Stray“, created by indie French game company BlueTwelve Studio and published by Annapurna

By Clare Duffy, CNN Business Snap’s rough year continues. Shares of Snapchat’s parent company tanked more than 25% in after-hours trading Thursday after it posted even worse sales growth results for the three months ended in June than it had expected. Snap last month warned investors that the economy had worsened faster than it expected,

By Clare Duffy, CNN Business YouTube on Thursday said it will no longer allow misinformation related to abortion on its platform, including false claims about the safety of the procedure and potentially unsafe instructions about how to self-induce an abortion. The video-sharing service added abortion-related content to its medical misinformation policies, which also prohibit false

By Catherine Thorbecke Amazon on Thursday said it has entered an agreement to acquire primary healthcare company One Medical in an all-cash deal valued at approximately $3.9 billion. One Medical is a membership-based primary care service that promises customers “24/7 access to virtual care.” The company operates in a dozen major US markets, according to

By Clare Duffy, CNN Business Facebook’s rumored redesign has arrived. Starting Thursday, the platform is splitting up its main “home” section into two tabs. The move is part of a push by Facebook to show users more entertaining, recommended content — to become what cofounder Mark Zuckerberg has called a “discovery engine” — as it

By Michelle Toh, CNN Business Baidu has unveiled plans for an electric self-driving car with a removable steering wheel, marking another step forward in the fast-moving robotaxi race in China. The Chinese tech giant, the country’s answer to Google, revealed the Apollo RT6, its sixth-generation autonomous vehicle, at its annual flagship conference on Thursday. Baidu’s

By Jackie Wattles, CNN Business Two astronauts — one European and one Russian — exited the airlock on the International Space Station for a spacewalk on Thursday, marking the first time in more than 20 years such a joint endeavor has taken place. Samantha Cristoforetti, an Italian astronaut with the European Space Agency, and Russian

By Catherine Thorbecke, CNN Business Weeks after Daily Harvest announced the voluntary recall of its French Lentil and Leek Crumbles, the company said on Tuesday that it had identified the ingredient suspected to be causing the mysterious illness reported by hundreds of customers. “At this time, we have identified tara flour as the cause of

By Jackie Wattles, CNN Business One of four passengers who joined SpaceX’s first-ever space tourism mission last year and who spent months training on the company’s spacecraft before taking a three-day trek to orbit is now working for Blue Origin, one of SpaceX’s top rivals. Chris Sembroski, an engineer who previously worked at yet another

By Brian Fung, CNN Amazon said Tuesday it has sued the administrators of more than 11,000 Facebook groups allegedly responsible for facilitating the purchase and sale of fake reviews on Amazon’s marketplace in seven countries. The group operators are accused of recruiting people to write fake or misleading product reviews in exchange for money or

By 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 bid to close a talent shortage US officials describe as both a national security challenge and an economic opportunity. On Tuesday, the administration announced a multi-agency plan to create