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Shopify to cut 10% of staff after making ‘wrong’ bet about pandemic online shopping boom

By Catherine Thorbecke, CNN Business Shopify will lay off approximately 10% of its global staff after making the “wrong” bet on how long the pandemic-fueled surge in online shopping would continue, the CEO of the Canadian e-commerce company announced Tuesday. The cuts span divisions including recruiting, support and sales, according to CEO Tobi Lutke in

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YouTube will start removing misinformation related to abortion

By Clare Duffy, CNN Business YouTube on Thursday said it will no longer allow misinformation related to abortion on its platform, including false claims about the safety of the procedure and potentially unsafe instructions about how to self-induce an abortion. The video-sharing service added abortion-related content to its medical misinformation policies, which also prohibit false

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Facebook is redesigning the home feed

By Clare Duffy, CNN Business Facebook’s rumored redesign has arrived. Starting Thursday, the platform is splitting up its main “home” section into two tabs. The move is part of a push by Facebook to show users more entertaining, recommended content — to become what cofounder Mark Zuckerberg has called a “discovery engine” — as it

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Here’s what it looks like to ride a Chinese robotaxi with no steering wheel

By Michelle Toh, CNN Business Baidu has unveiled plans for an electric self-driving car with a removable steering wheel, marking another step forward in the fast-moving robotaxi race in China. The Chinese tech giant, the country’s answer to Google, revealed the Apollo RT6, its sixth-generation autonomous vehicle, at its annual flagship conference on Thursday. Baidu’s

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