Lifestyle

By Charles Riley, CNN Business Bumble and the CEO of rival dating platform Match Group are creating relief funds for people affected by a Texas law that bans abortion from as early as six weeks into pregnancy. And in doing so they kicked off a corporate reaction to the legislation that other companies, including Lyft

By Michelle Toh, CNN Business Alibaba is pouring 100 billion yuan ($15.5 billion) into China’s drive to achieve “common prosperity,” marking the latest big pledge from a Chinese company to support President Xi Jinping’s campaign. The tech giant announced Friday that it would spend the staggering sum by 2025 with an eye on five priorities:

By Laura He, CNN Business China will set up a new stock exchange in Beijing, giving the nation’s capital and political center more influence in the world of business and finance. President Xi Jinping announced the Beijing-based exchange at an international trade fair on Thursday, saying that he wanted to create a venue for “service-oriented”

By Scottie Andrew, CNN Fed up with torrents of racist and transphobic hate from viewers, a trio of Twitch users decided to take a day off from the streaming platform. Their absence, they hoped, would compel Twitch to do more to support streamers of color and those from marginalized groups. Twitch users RekItRaven, LuciaEverblack and

By Sara Ashley O’Brien, CNN Business A jury of seven men and five women has been selected for the long-awaited criminal trial of Elizabeth Holmes, the former CEO and founder of Theranos. The twelve jurors and five alternates were sworn in Thursday. The jury appeared to be diverse, both ethnically and in terms of age.

By Jackie Wattles, CNN Business The Federal Aviation Administration confirmed late Wednesday it is investigating Richard Branson’s flight to space, saying the rocket-powered plane operated by his company, Virgin Galactic, veered off course during its descent. The FAA’s statement came not long after the New Yorker’s Nicholas Schmidle reported that warning lights had shown up

By Michelle Toh, CNN Business Two of China’s leading tech companies are setting up labor unions for their staff as the industry comes under intense political pressure to rethink how it treats its workers. Chinese ride-hailing company Didi (DIDI) announced on an internal forum last month that it had established a union for its workers,

By Jill Disis, CNN Business Apple will allow companies such as Spotify and Netflix to direct customers to their own websites to make payments, allowing them to more easily avoid fees levied by the App Store. The iPhone maker’s latest concession in a long-standing fight with app developers was announced Wednesday in response to an

By Michelle Toh, CNN Business Hong Kong has reclaimed its status as the host of a marquee Asian tech conference it lost last year, as organizers cite the city’s success in battling the coronavirus pandemic. Rise, an annual tech conference whose recent speakers have included executives from Uber, Alibaba and Stripe, said Thursday that it

By Rishi Iyengar, CNN Business After days of controversy over its decision not to crack down on misinformation about Covid-19, Reddit is somewhat backtracking, taking action against dozens of its groups known as “subreddits.” The social media site on Wednesday banned one prominent subreddit called r/NoNewNormal, which described itself as hosting a “[skeptical] discussion of

By Clare Duffy, CNN Business Twitter is stepping up its efforts to help users experiencing harassment protect themselves. The social media company on Wednesday announced the test of a new feature called “Safety Mode,” which aims to help users prevent being overwhelmed by harmful tweets and unwanted replies and mentions. The feature will temporarily block

By Clare Duffy, CNN Business After growing its workforce to more than 1.3 million people in 2020, Amazon is planning to hire another 55,000 employees globally in the coming months, the company announced Wednesday. This is the first major hiring push since new Chief Executive Andy Jassy took the reins from Jeff Bezos in July.

By Jordan Valinsky, CNN Business Apple has enlisted eight states in a program that allows people to “seamlessly and securely” add their driver’s license or state IDs to their Apple Wallet to use at airport security checkpoints. Arizona and Georgia are the first states to enroll in the program, with Connecticut, Iowa, Kentucky, Maryland, Oklahoma

By Matt McFarland, CNN Business The $1 trillion infrastructure bill appears set to give passenger and freight rail $66 billion, an infusion that will likely expand where service is offered but does little to increase the speed of train travel in the US. Amtrak has proposed spending its share of the infrastructure funding on more

By Clare Duffy, CNN Business When Twitter suspended Marjorie Taylor Greene for a week last month for posting misinformation about Covid-19 vaccines, it may have sparked some déjà vu. The Republican congresswoman from Georgia had been kicked off the platform for 12 hours for the same violation just three weeks earlier. And six months before