Mark Zuckerberg is in danger of losing his top 10 billionaire ranking
By Diksha Madhok, CNN Business The historic collapse in Meta’s shares this week has wiped $31 billion off Mark Zuckerberg’s personal…
Continue ReadingLifestyle
Australian mining magnate takes legal action against Facebook over scam ads
By Hannah Ritchie and Jill Disis, CNN Business Billionaire mining magnate Andrew Forrest is taking legal action against Facebook in Australia after…
Continue ReadingAmazon is raising the price of annual Prime memberships to $139
By Clare Duffy, CNN Business Amazon is raising the price of its annual Prime subscriptions from $119 to $139 per year in the United States, the…
Continue ReadingAmazon is raising the price of annual Prime memberships to $139
CNN By Clare Duffy, CNN Business Amazon is raising the price of its annual Prime subscriptions from $119 to $139 per year in the United States, the…
Continue ReadingMacKenzie Scott donates $133.5 million to educational nonprofit Communities in School
By Jennifer Korn MacKenzie Scott has donated $133.5 million to educational nonprofit Communities in School, an organization that helps students…
Continue ReadingWag, a dog-walking startup that once raised $300 million from a single investor, is going public through a SPAC
By Sara Ashley O’Brien, CNN Business Wag, a dog-walking startup that once received $300 million from a single investor only to stumble in…
Continue ReadingMeta is giving avatars a four-foot buffer zone to cut back on VR harassment
CNN By Rachel Metz, CNN Business Meta, the parent company of Facebook, has a new feature aimed at cutting down on harassment and assault in virtual…
Continue ReadingMeta’s market value just dropped by more than most companies are worth
By Clare Duffy, CNN Business Meta Platforms, the company formerly known as Facebook, just had its worst trading day in its history as a public…
Continue ReadingMelinda French Gates reportedly won’t give bulk of her wealth to Gates Foundation
By Jennifer Korn, CNN Business Melinda French Gates may be shifting her approach to how she gives away her vast wealth following her high-profile…
Continue ReadingNintendo Switch tops lifetime sales of Wii console
CNN By Reuters Nintendo Co Ltd sold 18.95 million Switch video game consoles in the nine months to the end of December, the Japanese company said on…
Continue ReadingPlayStation and Switch sales are suffering as the gaming wars heat up
By Michelle Toh, CNN Business Two of the world’s biggest video game companies are feeling the pressure as the console wars heat up. Shares of…
Continue ReadingMeta shares plummet 20% after posting rare profit decline
By Clare Duffy, CNN Business Facebook rattled investors on Wednesday by posting a rare profit decline, driven by the company’s heavy spending…
Continue Reading3G networks are shutting down soon. A scramble to get users to upgrade is underway
By Samantha Murphy Kelly, CNN Business Aaron Hommell bought his 3G iPhone 5 in 2014 and kept it for more than seven years, holding onto it even after…
Continue Reading3G networks are shutting down soon. A scramble to get users to upgrade is underway
CNN, WJAR, WPRI By Samantha Murphy Kelly, CNN Business Aaron Hommell bought his 3G iPhone 5 in 2014 and kept it for more than seven years, holding…
Continue ReadingGoogle stock jumps 8% after blowout quarter fueled by strong ad sales
By Clare Duffy, CNN Business Despite being one of the biggest online advertising giants, Google’s ad business is still growing at a rapid clip.…
Continue ReadingFacebook’s dream of creating its own global cryptocurrency officially comes to an end
By Clare Duffy, CNN Business In June 2019, after years of being under scrutiny for the impact its platforms have on society, Facebook unveiled one of…
Continue ReadingSony to acquire video game studio Bungie in $3.6 billion deal
By Brian Fung, CNN Business Sony is acquiring Bungie, the video game studio that created hit franchises such as “Halo” and…
Continue ReadingAlice, the first all-electric passenger airplane, prepares to fly
By Jennifer Korn, CNN Business The world’s first all-electric passenger aircraft is preparing to take flight. The Alice, a plane developed by…
Continue ReadingShanghai metro sparks Covid panic with festive red QR codes
By Jessie Yeung and CNN’s Beijing Bureau, CNN Business A Chinese subway system’s attempt to spread some Lunar New Year cheer backfired…
Continue ReadingA new crop of shopping tools aims to help consumers beat the supply chain crunch and the bots
By Brian Fung, CNN Business A few days after Christmas, Aaron Worley and his wife began feeling ill. Fearing they may have contracted Covid-19 over…
Continue Reading