Technology
Stock tied to Donald Trump’s social media venture falls after Twitter said to be nearing a deal with Musk
The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. Dado Ruvic | Reuters Shares of Digital World Acquisition Corp., the blank-check company poised to take Donald Trump’s media venture public, fell in volatile trading on Monday […]
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Facebook is opening its first showroom to sell VR headsets
Meta, formerly known as Facebook, is opening its first retail location in an effort to sell people its Oculus virtual reality headsets and its idea of the “metaverse,” the company announced Monday. But it’s not a huge step into retail. Unlike Apple and other tech companies that have stores in heavy foot-traffic areas like shopping […]
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Twitter may want to finalize Musk deal before reporting disappointing quarter, analysts speculate
SpaceX founder Elon Musk reacts at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2019. Mike Blake | Reuters Twitter may want to finalize […]
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Amazon labor battle continues as union vote kicks off at second Staten Island warehouse
Demonstrators during an Amazon Labor Union (ALU) rally in the Staten Island borough of New York, U.S., on Sunday, April 24, 2022. Victor J. Blue | Bloomberg | Getty Images Amazon workers are casting their ballots on Monday as part of another high-stakes union drive at a warehouse on New York’s Staten Island. Roughly 1,500 […]
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Twitter is reportedly taking another look at Musk takeover bid
Entrepreneur and business magnate Elon Musk gestures during a visit at the Tesla Gigafactory plant under construction, on August 13, 2021 in Gruenheide near Berlin, eastern Germany. Patrick Pleul | AFP | Getty Images Twitter could be becoming more receptive to a takeover bid from Elon Musk after the billionaire disclosed he has secured $46.5 […]
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What doomed CNN+? How rival strategies and executive intrigue fueled the streaming service’s rapid demise
Executive producer Chris Licht of the television show Our Cartoon President speaks onstage during the CBS/Showtime portion of the 2018 Winter Television Critics Association Press Tour at The Langham Huntington, Pasadena on January 6, 2018 in Pasadena, California. Frederick M. Brown | Getty Images Chris Licht wasn’t supposed to start his new job as CNN’s […]
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A members-only club for female executives is coming to San Francisco with the help of Google’s cash
Chief co-founders Carolyn Childers and Lindsay Kaplan Photos courtesy of Chief As companies see a record number of women leaving their jobs in “the Great Resignation,” Google parent Alphabet is putting money behind an initiative that could help them stay. Launched in 2019, Chief is a membership-based company for female executives that’s designed to provide […]
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This real estate investor has a side hustle mining more than $110,000 in bitcoin every month
Compass Mining customer Eng Taing Eng Taing Eng Taing is in the business of making money. He runs his own private equity firm with $250 million in assets under management (according to his website), invests in real estate, has worked in data science and analytics at Apple — and he got into bitcoin back in […]
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Jack Dorsey’s new title: Block Head
Jack Dorsey, CEO, Twitter testifies at Congressional hearing, March 25, 2021. CNBC Jack Dorsey is no longer the CEO of Block. He no longer has the title, at least. In a filing with the SEC on Friday, the company formerly known as Square said Dorsey has changed his title to Block Head. Block updated its […]
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Netflix and Facebook have given up most of the last few years’ gains since tech’s November peak
Zoom In IconArrows pointing outwards Meta and Netflix five-year performance CNBC Two members of the FAANG group have been defanged. In the five months since the Nasdaq’s peak late last year, Netflix and Facebook (now Meta) have gotten crushed, giving up most of the gains they’d accumulated over the prior half-decade. Netflix is down nearly […]
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