Facebook CEO Mark Zuckerberg testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021. U.S. House of Representatives Energy and Commerce Committee | Handout | via Reuters Social media giants should be
Technology
Elon Musk is famous for electric vehicles, reusable rockets, and satellites that can beam down high-speed internet to the most remote regions of the planet. But in 2016, he set his sights lower. The idea was to create a company that would solve traffic by building a system of underground tunnels. Musk founded The Boring
In this article AAPL An aerial view of the new Apple headquarters on April 28, 2017 in Cupertino, California. Getty Images Apple will delay a return to office by at least a month, rolling back its initial plan to bring workers in three days a week starting in September, Bloomberg reported. The report will push
Jeff Bezos said Blue Origin’s first crewed spaceflight on Tuesday represented one step toward the company’s mission of expanding to a point where people live and work in space. “This is a tiny little step of what Blue Origin is going to do. What we’re really trying to do is build reusable space vehicles. It’s
US President Joe Biden walks to Marine One on the South Lawn of the White House July 16, 2021, in Washington, DC. Brendan Smialowski | AFP | Getty Images Facebook on Saturday refuted remarks made by President Joe Biden that social media platforms are “killing people” by allowing coronavirus vaccine misinformation on their services and argued
Well before China decided to kick out all of its bitcoin miners, they were already leaving in droves, and new data from Cambridge University shows they were likely headed to the United States. The U.S. has fast become the new darling of the bitcoin mining world. It is the second-biggest mining destination on the planet,
In this article AAPL AMZN The Amazon shopping app in the Google Play Store on an Android smartphone. Christoph Dernbach | picture alliance | Getty Images Apple has removed Fakespot, a well-known app for detecting fake product reviews, from its App Store after Amazon complained the app provided misleading information and potential security risks. Fakespot’s
In this article TSLA Acquco t-shirt for Tesla giveaway Acquco Start-ups are raising hundreds of millions of dollars to acquire the top independent sellers on the Amazon Marketplace, creating a gold rush to “roll up” these mostly small businesses into larger entities that have better resources and can pour money into growth. Competition to acquire
Getty Images 8VC, the Austin, Texas-based venture capital firm run by Palantir co-founder Joe Lonsdale, is partnering with Morgan Stanley-backed Lineage Logistics, a company known for its global network of temperature-controlled cold storage facilities, to double down on investments in the transportation and logistics sector. 8VC co-founder and partner Jake Medwell is joining Lineage in
Nikolay Storonsky, founder and CEO of Revolut, on stage at the 2019 Web Summit technology conference in Lisbon, Portugal. Harry Murphy | Sportsfile for Web Summit via Getty Images LONDON — British fintech firm Revolut said Thursday it had raised $800 million in a new funding round led by SoftBank and Tiger Global. Revolut, which
In this article 1024-HK BABA 700-HK DIDI In this photo illustration the Chinese technology firm Tencent logo seen on an Android mobile device with People’s Republic of China flag in the background. Budrul Chukrut | SOPA Images | LightRocket | Getty Images GUANGZHOU, China — Chinese technology giants are looking to make changes to their
In this article DIDI A navigation map on the app of Chinese ride-hailing giant Didi is seen on a mobile phone in front of the app logo displayed in this illustration picture taken July 1, 2021. Florence Lo | Reuters GUANGZHOU, China — Rivals to Chinese ride-hailing giant Didi are trying to eat away at
(L-R) Co-CEOs of Netflix Reed Hastings and Ted Sarandos arrive for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Netflix has hired video-game executive Mike Verdu from Facebook, where he was vice president of augmented reality and virtual reality content, as the company
For years, cryptocurrency holdings of U.S. taxpayers have existed in a sort of reporting gray zone. But now, those crypto wallets are getting a whole lot of attention from the Internal Revenue Service and President Biden, who appear determined to crack down on tax cheats. The timing makes sense. The president needs to raise money,
People walk past the New York Times building on October 14, 2019 in New York City. Eduardo Munoz Alvarez | VIEW press | Corbis | Getty Images For about 16 months, the U.S. and U.K. news industries have predominantly operated out of people’s living rooms, home offices and bedrooms. Now, they’re deciding what post-pandemic life
Facebook CEO Mark Zuckerberg rides an electric surfboard holding the American flag. July 4, 2021. Mark Zuckerberg, Instagram Mark Zuckerberg celebrated Fourth of July in unique fashion: Holding an American flag as he glided on a body of water, elevated on a board about a foot above the surface. The Facebook CEO was hydrofoiling, which
In this article MSFT Kevin Stratvert produces videos at his home in Seattle. Tara Brown When Microsoft updated its Teams communication app with a more sophisticated way to give PowerPoint presentations in January, the company published a 500-word blog post on the feature. People could read the blog post and try to figure out how
ShipBob fulfillment center in Moreno Valley, California ShipBob After ShipBob decided last July to let staffers work from anywhere, the logistics start-up had its landlord erect a wall in the middle of its Chicago headquarters so half the space could be rented out to another company. On March 1, the office reopened at reduced capacity
In this article AAPL Second-generation Apple AirPods with wireless charging indicator Todd Haselton | CNBC When AirPods were first released in 2016, they were a marvel of miniaturization. To ditch cords and go wireless, Apple packed several chips, microphones and speakers into each headphone, which weigh about 4 grams. Without a cord, the earbud gets
In this article MSFT If you own a PC, chances are it’s running Windows, the operating system that Microsoft has offered since 1985. Even with people buying modern Macs with energy-sipping Arm chips, and even with some students and corporate workers picking up Chromebooks during the pandemic, Windows still holds on 83% market share for