Breaking News: Technology

Facebook’s IPO 10 years later — new name, same CEO and a familiar problem
Technology

Facebook’s IPO 10 years later — new name, same CEO and a familiar problem

A decade ago, Facebook told the public markets that it was pouring money into smartphone apps because mobile usage was key to the company’s growth, even though it did “not currently directly generate any meaningful revenue” at the time. That was in the prospectus for its Nasdaq debut, which took place ten years ago Wednesday […]

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Netflix lays off 150 employees as the streaming service contends with big subscriber losses
Business

Netflix lays off 150 employees as the streaming service contends with big subscriber losses

Netflix’s revelation that it lost 200,000 subscribers in the first quarter put further pressure on an already beleaguered tech sector, but top tech analyst Mark Mahaney believes the current weakness in the sector presents several opportunities for investors. Aaronp/bauer-griffin | Gc Images | Getty Images Netflix is laying off around 150 employees across the company, […]

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Elon Musk calls on SEC to evaluate Twitter user numbers
World

Elon Musk calls on SEC to evaluate Twitter user numbers

Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty In the midst of his deal to acquire Twitter, Elon Musk has called on the U.S. Securities and Exchange Commission to look into the social network’s user numbers. Musk, the CEO of Tesla and SpaceX, wrote […]

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Twitter loses three more senior employees ahead of Musk deal
Technology

Twitter loses three more senior employees ahead of Musk deal

The official profile of Elon Musk on the social network Twitter. Rafael Henrique | Lightrocket | Getty Images Three more senior employees are leaving Twitter ahead of Elon Musk’s anticipated buyout, CNBC confirmed Tuesday. Ilya Brown, vice president of product management; Katrina Lane, vice president of Twitter Service; and Max Schmeiser, head of data science […]

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Elon Musk blasts Joe Biden, says he has failed to get much done
Technology

Elon Musk blasts Joe Biden, says he has failed to get much done

Elon Musk arrives for the 2022 Met Gala at the Metropolitan Museum of Art on May 2, 2022, in New York. Angela Weiss | AFP | Getty Images Tesla CEO Elon Musk blasted Joe Biden during an interview this week, saying the president is someone who just reads off a teleprompter and that his administration […]

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Twitter loses three more senior employees ahead of Musk deal
Technology

New filing reveals the full story behind Musk’s bid to buy Twitter

The official profile of Elon Musk on the social network Twitter. Rafael Henrique | Lightrocket | Getty Images A new filing with the Securities and Exchange Commission sheds light on the Twitter board’s early conversations with billionaire Elon Musk as he decided to join the board, and later, abandon that plan and try to take […]

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Apple adding live captions to iPhone, iPad and Mac so you can read along with videos
Technology

Apple adding live captions to iPhone, iPad and Mac so you can read along with videos

Apple is adding live captions to its products. Apple Apple announced a slew of new accessibility features for its products on Tuesday that can help people with disabilities. One highlight feature is live captions for videos for iPhones, iPads and Macs. It means people who are hard of hearing, or anyone who wants to watch […]

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Google opens new ‘Bay View’ campus that was designed for worker flexibility — here’s what it looks like
Technology

Google opens new ‘Bay View’ campus that was designed for worker flexibility — here’s what it looks like

Google executives Michelle Kaufmann and Asim Tahir said the company wanted to design high ceilings, plants and natural light to give the illusion of working outdoors. Jennifer Elias  Google this week is opening its newest campus in Mountain View, California and executives say they aim to make it a place where employees in the company’s […]

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Elon Musk says Twitter deal ‘cannot move forward’ until he has clarity on bot numbers
Technology

Elon Musk says Twitter deal ‘cannot move forward’ until he has clarity on bot numbers

Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Elon Musk has said his $44 billion purchase of Twitter will not move ahead until he has more clarity on how many accounts are fake. Twitter estimated in a filing earlier this month that fewer than 5% of its monetizable […]

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Intel shareholders reject executive pay
Technology

Intel shareholders reject executive pay

Patrick Gelsinger, chief executive officer of Intel Corp., speaks during a Bloomberg Studio 1.0 interview at the company’s headquarters in Santa Clara, California, Feb. 3, 2022. David Paul Morris | Bloomberg | Getty Images Intel shareholders voted last week against the company’s compensation for its top executives, according to an regulatory filing published on Monday. […]

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