CNN, CNN BUSINESS By Clare Duffy and Oliver Darcy, CNN Business Another employee exodus appears to be underway at Twitter as many workers rejected Elon Musk’s terms for staying with the company, choosing instead to depart, according to multiple current and former employees. As the deadline approached for Twitter employees to respond to Elon Musk’s
Continue ReadingBy Clare Duffy and Oliver Darcy, CNN Business Another employee exodus appears to be underway at Twitter as many workers rejected Elon Musk’s terms for staying with the company, choosing instead to depart, according to multiple current and former employees. As the deadline approached for Twitter employees to respond to Elon Musk’s ultimatum to commit
Continue ReadingBy Samantha Murphy Kelly, CNN Business If you haven’t ordered one of the higher-end iPhone 14 models by now, it may be harder than usual to get one before the holidays. The wait time for the 14 Pro and 14 Pro Max in the United States is now 34 days, up from seven days last
Continue ReadingBy Catherine Thorbecke, CNN Business After years of seemingly unstoppable growth, the tech industry is now facing the “ultimate reality check” as it confronts broader economic uncertainty and waves of layoffs, Airbnb CEO Brian Chesky told CNN on Thursday. “It’s like we’re all in a nightclub and the lights just came on,” Chesky said in
Continue ReadingCNN By Catherine Thorbecke, CNN Business After years of seemingly unstoppable growth, the tech industry is now facing the “ultimate reality check” as it confronts broader economic uncertainty and waves of layoffs, Airbnb CEO Brian Chesky told CNN on Thursday. “It’s like we’re all in a nightclub and the lights just came on,” Chesky said
Continue ReadingBy Natalia V. Osipova and Catherine Thorbecke, CNN Business As US wildfires have grown larger and deadlier in recent years, one company is using drones and fire-starting “dragon eggs” to help prevent extreme blazes and save firefighters’ lives. Drone Amplified, a Nebraska-based startup, is using unmanned aerial technology to improve one of the oldest and
Continue ReadingCNN By Natalia V. Osipova and Catherine Thorbecke, CNN Business As US wildfires have grown larger and deadlier in recent years, one company is using drones and fire-starting “dragon eggs” to help prevent extreme blazes and save firefighters’ lives. Drone Amplified, a Nebraska-based startup, is using unmanned aerial technology to improve one of the oldest
Continue ReadingBy Brian Fung, CNN Business With Republicans projected to take control of the House as a result of the midterm elections, tech giants such as Amazon, Google and Meta, who’ve been in the crosshairs of Democrats in recent years, are soon set to face a very different — but no less hostile — political climate
Continue ReadingBy Rachel Metz, CNN Business Elon Musk has been saying for months that he wants to stamp out spam and fake accounts on Twitter, but a subtle change he’s planning to make to the platform could complicate that goal. In a tweet this week, Musk said Twitter will stop showing notations such as “Twitter for
Continue ReadingBy Michelle Toh, CNN Business The UK government has ordered a Chinese-owned company to unwind its takeover of Britain’s biggest chipmaker, citing national security concerns. Nexperia, a Dutch subsidiary of Shanghai-listed semiconductor maker Wingtech, was told to sell “at least 86%” of its stake in Newport Wafer Fab by UK Secretary of State for Business,
Continue ReadingBy Donie O’Sullivan and Clare Duffy, CNN Business Twitter’s new owner Elon Musk has given employees until Thursday evening to commit to “extremely hardcore” work or else leave the company, according to a copy of a late-night internal email sent by the billionaire and obtained by CNN. “Going forward, to build a breakthrough Twitter 2.0
Continue ReadingBy Clare Duffy, Oliver Darcy and Donie O’Sullivan, CNN Business Elon Musk has publicly clashed with a growing number of Twitter employees about the state of the platform, and fired at least one of them in a tweet, in an unusually visible sign of corporate chaos after his $44 billion takeover of the influential company.
Continue ReadingBy Catherine Thorbecke, CNN Business Amazon on Tuesday launched a virtual clinic to treat common health conditions, including allergies, acne and hair loss, in the latest move by the e-commerce giant to expand its reach into the health care industry. The service, called Amazon Clinic, is a “message-based virtual care” option that is intended to
Continue ReadingBy Samantha Murphy Kelly, CNN Business When Apple announced at its closely-watched September product launch event that it would soon introduce an Emergency SOS feature powered by a network of satellites orbiting above Earth, Brooklyn probably wasn’t the secluded location most had in mind for using it. But on a rainy afternoon last week, I
Continue ReadingCNN, CNN BUSINESS By Samantha Murphy Kelly, CNN Business When Apple announced at its closely-watched September product launch event that it would soon introduce an Emergency SOS feature powered by a network of satellites orbiting above Earth, Brooklyn probably wasn’t the secluded location most had in mind for using it. But on a rainy afternoon
Continue ReadingBy Jennifer Korn, CNN Business Google has agreed to a record $391.5 million settlement with 40 states for allegedly misleading consumers over its location tracking practices, a coalition of attorneys general announced Monday. The attorneys general described it as the largest multi-state privacy settlement in US history. The coalition, which included attorneys general from New
Continue ReadingBy Catherine Thorbecke, CNN Business Amazon is planning to lay off some 10,000 employees in corporate and technology jobs, the New York Times reported on Monday, citing anonymous sources with knowledge of the matter. The job cuts could start as early as this week, and will likely include staff working on Amazon devices (such as
Continue ReadingCNN By Catherine Thorbecke, CNN Business Amazon CEO Andy Jassy on Wednesday said an “uncertain” economy pushed the e-commerce giant to move forward with rare and wide-ranging layoffs after having gone on a significant hiring spree for much of the pandemic. “We had the lens of a very uncertain economic environment, as well as our
Continue ReadingCNN By Jennifer Korn, CNN Business Google has agreed to a record $391.5 million settlement with 40 states for allegedly misleading consumers over its location tracking practices, a coalition of attorneys general announced Monday. The attorneys general described it as the largest multi-state privacy settlement in US history. The coalition, which included attorneys general from
Continue ReadingBy Catherine Thorbecke, CNN Business While a number of major brands have announced advertising pauses on Twitter in the wake of Elon Musk’s acquisition, the platform has scored a new ad buy from one notable billion-dollar business: Musk’s SpaceX. Musk confirmed on Twitter Monday that his aerospace company, SpaceX, bought a package to advertise its
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