Social media
Snap falls 40% on pace for worst day ever, dragging other stocks with it
Evan Spiegel, co-founder and chief executive officer of Snap Inc., speaks during the virtual Google Pixel Fall Launch event in New York, on Tuesday, Oct. 19, 2021. Michael Nagle | Bloomberg | Getty Images Snap shares plunged 40% on Tuesday, putting the company on pace for its worst day ever and dragging down other social […]
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Nokia CEO says 6G will be here by 2030 — but you might not access it via your smartphone
Mehdi Bennis is an associate professor at the University of Oulu in Finland researching 6G. Elizabeth Schulze | CNBC Nokia CEO Pekka Lundmark expects 6G mobile networks to be in operation by the end of the decade but he doesn’t think the smartphone will be the most “common interface” by then. Speaking on a panel […]
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Zoom pops 16% on first-quarter earnings beat and strong guidance
Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Zoom shares rose 16% in extended trading on Monday after the provider of video chat software reported better-than-expected first-quarter earnings and issued an upbeat forecast for the second period. Here’s how […]
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DC AG sues Meta CEO Zuckerberg over Cambridge Analytica privacy scandal
District of Columbia Attorney General Karl Racine announces a civil lawsuit against extremist groups the Proud Boys and Oath Keepers, over the deadly Jan. 6 attack on the U.S. Capitol, at the Capitol in Washington, December 14, 2021. Jonathan Ernst | Reuters District of Columbia Attorney General Karl Racine is suing Meta CEO Mark Zuckerberg […]
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Bitcoin could fall to $8,000, a more than 70% plunge, Guggenheim’s Minerd says
Scott Minerd, Guggenheim Partners LLC Global Chief Investment Officer, at the WEF in Davos, Switzerland on May 23rd, 2022. Adam Galici | CNBC Bitcoin could drop further and fall to $8,000 from its current levels, Guggenheim Chief Investment Officer Scott Minerd predicted Monday. That would represent a more than 70% drop to Monday morning’s price of […]
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How Elon Musk’s Twitter takeover plans shook Wall Street and social media
Elon Musk wears many hats as Tesla CEO, SpaceX CEO, and founder of the Boring Company and Neuralink. He’s also a prolific Twitter user. The news that Musk made a $44 billion offer to buy Twitter and potentially become the social media company’s CEO has sent shock waves through Wall Street and social media. “Forty-four […]
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Democratic senators concerned about phone location data being used to track people seeking abortions
U.S. Senator Amy Klobuchar speaks during a protest outside the U.S. Supreme Court after the leak of a draft majority opinion written by Justice Samuel Alito preparing for a majority of the court to overturn the landmark Roe v. Wade abortion rights decision later this year, in Washington, D.C., May 3, 2022. Elizabeth Frantz | […]
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Elon Musk visits Brazil to discuss Amazon with Bolsonaro
Brazil’s president Jair Bolsonaro gestures as he arrives at a hotel to participate in a news conference about the Amazon rainforest and to meet with Elon Musk, according to ministers, in Porto Feliz, Sao Paulo state, Brazil May 20, 2022. Amanda Perobelli | Reuters Elon Musk traveled to Brazil on Friday to discuss projects to […]
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Musk denies ‘wild accusations’ against him in an apparent reference to harassment report
SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency’s SpaceX Demo-2 mission to the International Space Station. NASA/Kim Shiflett SpaceX founder Elon Musk said in a tweet late Thursday that “wild accusations” […]
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New bipartisan bill would force Google to break up its ad business
CEO of Alphabet and Google Sundar Pichai Mateusz Wlodarczyk | Nurphoto | Getty Images A new bipartisan proposal takes aim at Google and would force it to break up its digital advertising business if passed. The Competition and Transparency in Digital Advertising Act was introduced Thursday by a group of key Senators on the Judiciary […]
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