Social media

Alibaba says smart car spinoff Banma plans to list shares in Hong Kong
Technology

Alibaba says smart car spinoff Banma plans to list shares in Hong Kong

Alibaba’s global headquarters in Hangzhou, Zhejiang Province, China, on May 9, 2024. Nurphoto | Nurphoto | Getty Images Alibaba-backed Banma, a provider of technology for smart cars, is planning to list shares on the Hong Kong Stock Exchange, according to a filing. In a filing dated Aug. 21, Alibaba said it currently owns about 45% […]

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Apple reportedly ups iPhone production in India as country’s Russia ties roil White House
Technology

Apple reportedly ups iPhone production in India as country’s Russia ties roil White House

Apple has reportedly boosted iPhone production in India as the country faces pressure from the White House over its Russian oil purchases. “We have planned to up the tariffs on India,” Treasury Secretary Scott Bessent told CNBC’s “Squawk Box” on Tuesday. “These are secondary tariffs for buying the sanctioned Russian oil.” Bessent accused India of “profiteering” […]

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India’s social media stars are turning to business—and the industry is booming
World

India’s social media stars are turning to business—and the industry is booming

Preeti Sarkar is a content creator and owner of the clothing brand, Peetizen. Courtesy of Preeti Sarkar Preeti Sarkar started posting on YouTube at the age of 18. Today, the 24-year-old has amassed a following of about 1.6 million on both Instagram and YouTube, and has launched her own clothing brand. She’s part of the […]

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FBI Director Patel and foundation win defamation lawsuit against blogger, awarded 0,000
Politics

FBI Director Patel and foundation win defamation lawsuit against blogger, awarded $250,000

FBI Director Kash Patel speaks during U.S. President Donald Trump’s press conference about deploying federal law enforcement agents in Washington to bolster the local police presence, in the Press Briefing Room at the White House, in Washington D.C., U.S., August 11, 2025. Annabelle Gordon | Reuters FBI Director Kash Patel and his foundation won a […]

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Sen. Hawley to probe Meta AI bot policies for children following damning report
Technology

Sen. Hawley to probe Meta AI bot policies for children following damning report

Meta Platforms CEO Mark Zuckerberg departs after attending a Federal Trade Commission trial that could force the company to unwind its acquisitions of messaging platform WhatsApp and image-sharing app Instagram, at U.S. District Court in Washington, D.C., U.S., April 15, 2025. Nathan Howard | Reuters Sen. Josh Hawley, R-Mo., said Friday that he will investigate […]

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Opendoor stock pops 10% as CEO resigns following investor pressure campaign
Technology

Opendoor stock pops 10% as CEO resigns following investor pressure campaign

Opendoor shares popped about 10% on Friday after CEO Carrie Wheeler said she’s resigning from the online real estate company, which has seen a surge in recent interest from retail investors. Pressure began building on Wheeler, who took over the top job in 2022, after the company’s quarterly earnings report earlier this month failed to […]

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Trump tells Goldman Sachs CEO David Solomon to replace economist over tariff predictions
Politics

Trump tells Goldman Sachs CEO David Solomon to replace economist over tariff predictions

FILE PHOTO: DJ D-SOL performs during the ‘Safe & Sound’ Drive-In Concert Fundraiser Presented by JAJA Tequila and In The Know Experiences In Partnership with Bumble at Nova’s Ark Project on July 25, 2020 in Water Mill, New York. Kevin Mazur | Getty Images President Donald Trump on Tuesday said that Goldman Sachs CEO David […]

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LinkedIn launches Mini Sudoku, pushing deeper into casual games that keep users coming back
Technology

LinkedIn launches Mini Sudoku, pushing deeper into casual games that keep users coming back

Nikoli’s president, Yoshinao Anpuku, poses for a photo at Nikoli headquarters in Tokyo on March 19, 2025. LinkedIn worked with Nikoli and Sudoku champion Thomas Snyder to launch its Mini Sudoku game. Nikoli LinkedIn on Tuesday released a new game for the professional social networking app’s 1.2 billion users. It’s a miniature version of Sudoku, […]

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Why a new UK internet safety law is causing an outcry on both sides of the Atlantic
World

Why a new UK internet safety law is causing an outcry on both sides of the Atlantic

As of July 25, porn sites are required to implement effective age verification methods for U.K. users. Jack Taylor | Getty Images It was well intentioned but a U.K. law mandating age verification on adult sites and a number of other platforms has sparked a backlash from both internet users in the country, and U.S. […]

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Sequoia’s Moritz backs Intel CEO Lip-Bu Tan after Trump’s ‘artless bullying’
Technology

Sequoia’s Moritz backs Intel CEO Lip-Bu Tan after Trump’s ‘artless bullying’

Michael Moritz, Sequoia Capital Scott Mlyn | CNBC Renowned venture capitalist Mike Moritz called on Intel to stand by CEO Lip-Bu Tan after President Donald Trump demanded his resignation last week. “Trump’s assault has no modern precedent,” Moritz wrote, calling the attack a “vindictive political sideshow.” Moritz, who spent decades at Sequoia Capital and has […]

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