Social media
Facebook-parent Meta settles with Australia’s privacy watchdog over Cambridge Analytica lawsuit
In an aerial view, people gather in front of a sign posted at Meta headquarters in Menlo Park, California, July 7, 2023. Justin Sullivan | Getty Images Meta Platforms has agreed to a A$50 million settlement ($31.85 million), Australia’s privacy watchdog said on Tuesday, closing long-drawn, expensive legal proceedings for the Facebook parent over the Cambridge Analytica scandal. […]
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TikTok asks Supreme Court to block U.S. ban pending appeal
An advocate holds a sign for TikTok following a news conference outside the US Capitol in Washington, DC, US, on Tuesday, March 12, 2024. Graeme Sloan | Bloomberg | Getty Images TikTok asked the Supreme Court on Monday to block a law that could effectively ban the popular social media app in the United States […]
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How China’s satellite megaprojects are challenging Elon Musk’s Starlink
China faces a tall order in its efforts to catch up to Elon Musk’s SpaceX satellite service. SpaceX’s Starlink already has nearly 7,000 operational satellites in orbit and serves around 5 million customers in more than 100 countries, according to SpaceX. The service is meant to offer high-speed internet to customers in remote and underserved […]
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Broadcom’s long and winding path to the trillion-dollar club, and how Trump played a role
President Donald Trump introduces Broadcom CEO Hock Tan prior to Tan announcing the repatriation of his company’s headquarters to the United States from Singapore during a ceremony in the Oval Office of the White House, in Washington, DC, November 2, 2017. Getty Images When Broadcom tried to buy rival Qualcomm for $120 billion in 2018, […]
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Tech companies most threatened by Trump are donating to his inauguration fund
U.S. President-elect Donald Trump smiles at the crowd during the National Guard Association of the United States’ 146th General Conference & Exhibition at Huntington Place Convention Center on Aug. 26, 2024 in Detroit, Michigan. Emily Elconin | Getty Images News | Getty Images Meta CEO Mark Zuckerberg and Amazon founder Jeff Bezos have a particularly […]
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Apple and Google instructed by House committee to prepare to dump TikTok next month
A supporter holds up a sign that read “TikTok” during a news conference on TikTok in front of the U.S. Capitol in Washington, D.C., on March 22, 2023. Alex Wong | Getty Images House Committee members are urging the top executives of Apple and Google to be prepared to comply with a law that could […]
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Elon Musk reveals SEC sent him ‘settlement demand’ after Twitter buyout probe
Elon Musk listens as US President-elect Donald Trump speaks during a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill on November 13, 2024 in Washington, DC. Allison Robbert | Getty Images The Securities and Exchange Commission has issued a “settlement demand” to Elon Musk, the tech billionaire disclosed in a social media […]
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Alphabet and Tesla reach fresh records, joining Amazon and Meta and pushing Nasdaq past 20,000
Tech stocks on display at the Nasdaq. Peter Kramer | CNBC Alphabet and Tesla climbed to fresh records on Wednesday, closing at all-time highs alongside Amazon and Meta as the tech megacaps lifted the Nasdaq past 20,000 for the first time. Tech’s seven trillion-dollar companies added roughly $416 billion in market cap for the day. […]
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Facebook, Instagram and other Meta apps go down due to ‘technical issue’
Mark Zuckerberg, CEO of Meta Platforms, during the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta’s family of apps including Facebook and Instagram were down on Wednesday, resulting in users being unable to access the services. The widespread outages began around 9:57 a.m. […]
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Oracle shares head for worst day of 2024 after earnings miss
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco, California, U.S., on Sunday, Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares dropped 8% on Tuesday and headed for their steepest drop in a year following the database software vendor’s disappointing earnings […]
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