CNN – Social Media/Technology

By Alexis Benveniste, CNN Business Zoom Video Communications agreed to pay $85 million in a preliminary lawsuit settlement filed Saturday afternoon. The deal is in response to a class action lawsuit over users’ concerns over the company allegedly having shared personal data with Facebook, Google and LinkedIn as well as instances of “zoombombing,” when an

By Clare Duffy, CNN Business As if Elon Musk isn’t running enough companies, he once may have suggested taking over as CEO of America’s most valuable business, Apple. Five years ago, in the midst of manufacturing delays and other issues plaguing Tesla’s planned Model 3 launch, Musk is said to have had a phone call

By Brian Fung, CNN Business Amazon faces a record-breaking €746 million (roughly $887 million) fine after a European Union data privacy regulator said the e-commerce giant had violated the bloc’s signature privacy law, known as GDPR, in an advertising-related decision. The fine was imposed on July 16 and disclosed Friday in a financial filing. It

By Sara Ashley O’Brien, CNN Business Like many new pandemic pet owners, Nia Morgan knew her puppy, Zorro, had grown very attached to her due to all the time she spent at home with him. So she was understandably hesitant about leaving him for the first time with a sitter she’d hired through Rover, a

By Kristin Fisher, CNN An unusual and potentially dangerous situation unfolded Thursday at the International Space Station, as the newly-docked Russian Nauka module inadvertently fired its thrusters causing a “tug of war” with the space station and briefly pushing it out of position, according to NASA flight controllers. Nauka — a long-delayed laboratory module that

By Clare Duffy, CNN Business Amazon’s final quarter with Jeff Bezos as CEO proved to be a disappointment for Wall Street. The e-commerce giant on Thursday posted $113.1 billion in revenue during the three months ended June 30, an increase of 27% from the same period in the prior year but falling short of the

By Clare Duffy, CNN Business Facebook’s business is soaring, but the boom times may not last. Facebook on Wednesday reported revenue of nearly $29.1 billion for the three months ended June 30, a 56% jump from the same period last year when online advertising took a hit as businesses grappled with Covid-19. The company also

By Clare Duffy, CNN Business Google and Facebook on Wednesday became two of the first major Silicon Valley firms to say they will require employees to be vaccinated when they return to the company’s campuses. In an email to staff, Google CEO Sundar Pichai said the policy would roll out in the United States in

By Clare Duffy, CNN Business On any given day, you might receive a package you ordered from Amazon, log onto a website hosted by Amazon, ask an Amazon device about the weather and grab groceries at a Whole Foods owned by Amazon. Amazon is more than just the “everything store.” It’s become something of an

By Rishi Iyengar, CNN Business Activision Blizzard’s CEO Bobby Kotick admitted that the gaming company’s response to a California discrimination lawsuit was “tone deaf” amid a growing employee backlash and accusations of a “frat boy” work culture. “Every voice matters — and we will do a better job of listening now, and in the future,”

By Clare Duffy, CNN Business More than 14 years after they were first introduced, iPhones are still very much in demand. Apple on Tuesday announced a massive earnings beat for the three months ended June 26, thanks to a nearly 50% year-over-year jump in iPhone sales to $39.6 billion. The company posted total quarterly revenue

By Rishi Iyengar, CNN Business This time last year, Google was starting to feel the early pandemic slump as large parts of the global economy shut down. On Tuesday, the company showed just how far it’s come since. Google’s parent company Alphabet reported revenue of $61.9 billion for the quarter ended June 30, a staggering

By Clare Duffy, CNN Business Facebook on Tuesday announced it is temporarily pausing sales of its Oculus Quest 2 virtual reality headsets and recalling a component in around 4 million of the devices, in cooperation with the US Consumer Product Safety Commission. The company is voluntarily recalling the “removable foam facial interfaces” for the devices

By Samantha Murphy Kelly, CNN Business Facebook on Tuesday reaffirmed its intention to build an Instagram for kids under 13, despite pressure from lawmakers to back down on the plan, while simultaneously announcing new updates to address concerns about the safety of younger users on its platforms. In a blog post, the company said it

By Eric Cheung and Hanna Ziady, CNN Business WeChat is suspending all new user registrations until early August, the popular social messaging app announced on Tuesday. In a brief post on social media, WeChat, known as Weixin in China, said the suspension relates to an upgrade of security technology “according to relevant laws and regulations.”

By Rishi Iyengar, CNN Business Pressure on Activision Blizzard is mounting as more than 2,000 current and former employees signed a petition slamming what they see as the video game company’s “abhorrent and insulting” response to a California lawsuit. The petition, which was circulated Monday and seen by CNN Business, criticized the company’s statements following

By Hadas Gold, CNN Business Audacious Mossad spy operations around the world. The plucky “startup nation” home to reams of billion-dollar ideas. These are two drivers of Israel’s image abroad that its political and business leaders have long been happy to push. That slick image appears to have taken a hit with new reports that

By Eric Cheung, Will Ripley and Gladys Tsai, CNN Business As China steps up military pressure on Taiwan, the self-governing island is preparing for the next big frontier of warfare: crippling cyberattacks. Taiwan’s head of cybersecurity told CNN Business this month that it is using dramatic measures to guard against technological vulnerabilities — including employing

By Brian Fung, Natasha Bertrand and Alex Marquardt, CNN On Thursday, the software company Kaseya announced that it could help unlock any of its customers’ systems that were still inaccessible following a devastating ransomware attack early this month that took down as many as 1,500 businesses worldwide. But for many victims it was too little,

By Sara Ashley O’Brien, CNN Business Amazon has hired outside investigators to probe the internal culture of part of its cloud computing operations after employees circulated a petition alleging “systemic discrimination, harassment, bullying and bias against women and under-represented groups.” The petition, viewed by CNN Business, specifically addresses concerns among staffers within an Amazon Web