Social media
Meta goes to arbitrator to prevent whistleblower from promoting tell-all book
This photo illustration created Jan. 7, 2025, shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo. Drew Angerer | Afp | Getty Images Meta is seeking to stop the promotion of a new memoir by a former staffer that paints the social media company in an unflattering light, […]
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Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams
In this photo illustration, the Spotify music app is seen on a phone on June 04, 2024 in New York City. Michael M. Santiago | Getty Images Spotify is minting music millionaires. Nearly 1,500 artists generated over $1 million in royalties from Spotify in 2024, the company said Wednesday in its annual Loud and Clear […]
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Reddit rallies after three-day slump as analyst calls selloff ‘excessive’
Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City. Spencer Platt | Getty Images News | Getty Images Reddit shares rose more […]
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Asana CEO Dustin Moskovitz announces retirement, stock price drops 25%
Asana CEO and Facebook co-founder Dustin Moskovitz PATRICIA DE MELO MOREIRA | AFP | Getty Images Dustin Moskovitz, the CEO of Asana and one of the original co-founders of Facebook, will retire from the enterprise software company. Asana announced Moskovitz’s retirement on Monday as part of the company’s fourth-quarter earnings report, and its board has […]
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Elon Musk’s social platform X is down for some users
Elon Musk’s social media platform X experienced several outages on Monday morning, leaving some users unable to load the site. Nearly 40,000 users reported problems with the platform around 10 a.m. ET, according to the analytics platform Downdetector, which gathers data from users who spot glitches and report them to the service. Around 28,000 people […]
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So long, Trump bump: Tech stocks wipe out last of post-election gains
Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the Inauguration of Donald J. Trump in the U.S. Capitol Rotunda on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States. Julia Demaree Nikhinson | Getty Images So […]
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Why automakers including Honda and Toyota are pouring millions into rockets and satellites
In January, Toyota said its mobility software subsidiary “Woven by Toyota” was investing $44 million into Japanese rocket maker Interstellar Technologies. Rival Honda has been developing a proprietary reusable rocket since 2019 to launch low-earth orbit satellites to space. Chinese automaker Geely Holding Group, a Tesla competitor, has invested $326 million to manufacture its own […]
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Nvidia’s unofficial exports to China face scrutiny after arrest of silicon smugglers in Singapore
Nvidia CEO Jensen Huang gives a keynote address at CES 2025, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. Jan. 6, 2025. Steve Marcus | Reuters Alarm bells went off in 2024 when Singapore unexpectedly emerged as Nvidia’s second-largest revenue source. The disclosure fueled widespread speculation that Nvidia’s artificial intelligence chips were […]
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House Judiciary Committee subpoenas Alphabet, Meta, other tech giants over ‘foreign censorship’ of speech
Rep. Jim Jordan (R-OH) is interviewed by FOX and Friends at the U.S. Capitol on Jan. 3, 2025 in Washington, DC. Chip Somodevilla | Getty Images House Judiciary Chair Jim Jordan, R-Ohio, sent subpoenas to eight technology companies asking for more information about their communications with foreign governments over concerns that they seek to “censor […]
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Meta plans to release standalone Meta AI app in effort to compete with OpenAI’s ChatGPT
Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta AI will soon become one of the social media company’s standalone apps, joining Facebook, Instagram and WhatsApp, CNBC has learned. The company intends to debut […]
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