By Catherine Thorbecke, CNN Business President Joe Biden said he was “proud” of Apple’s retail workers in Towson, Maryland, who voted this weekend to form the first-ever labor union at one of the tech giant’s US stores. “I’m proud of them,” the President told reporters from Rehoboth Beach, Delaware, on Monday. “Workers have a right
Continue ReadingCNN, CNNBUSINESS, WBAL By Catherine Thorbecke, CNN Business President Joe Biden said he was “proud” of Apple’s retail workers in Towson, Maryland, who voted this weekend to form the first-ever labor union at one of the tech giant’s US stores. “I’m proud of them,” the President told reporters from Rehoboth Beach, Delaware, on Monday. “Workers
Continue ReadingBy Catherine Thorbecke and Chris Isidore, CNN Apple workers in Towson, Maryland, have voted to form the first-ever labor union at one of the tech giant’s US stores. The landmark union election concluded on Saturday evening with 65 workers voting for unionization and 33 against it, a nearly two-to-one margin in favor of the union,
Continue ReadingBy Clare Duffy and Brian Fung, CNN Business Congressional Democrats are urging Google to prevent searches for abortion clinics from returning results and ads that direct users to facilities that oppose the procedure, saying misleading search results on where to get an abortion could put women’s health at risk. Sen. Mark Warner and Rep. Elissa
Continue ReadingCNN By Clare Duffy and Brian Fung, CNN Business Congressional Democrats are urging Google to prevent searches for abortion clinics from returning results and ads that direct users to facilities that oppose the procedure, saying misleading search results on where to get an abortion could put women’s health at risk. Sen. Mark Warner and Rep.
Continue ReadingBy Brian Fung, CNN Business TikTok has moved its US user data to Oracle’s cloud platform, the short-form video app announced Friday. The decision addresses concerns from US officials that the social media company’s Chinese ties could pose national security risks. In a blog post, TikTok said it has “changed the default storage location of
Continue ReadingCNN, KOVR By Brian Fung, CNN Business TikTok has moved its US user data to Oracle’s cloud platform, the short-form video app announced Friday. The decision addresses concerns from US officials that the social media company’s Chinese ties could pose national security risks. In a blog post, TikTok said it has “changed the default storage
Continue ReadingBy Jennifer Korn As the Golden State Warriors and their star point guard Steph Curry surged ahead of the Boston Celtics in Game 6 on Thursday to win their fourth NBA championship in eight seasons, it should also have been a win for the crypto industry. The Warriors were said to have previously inked a
Continue ReadingBy Brian Fung, CNN As Senate lawmakers embark on a final, urgent push to pass landmark antitrust legislation to reshape the tech industry, Big Tech is bringing out its heaviest hitters to influence the members whose votes could decide the bill’s fate. Next week, Google CEO Sundar Pichai will travel to Washington to meet with
Continue ReadingBy Reuters Private rocket company SpaceX fired at least five employees after it found they had drafted and circulated a letter criticizing founder Elon Musk and urging executives to make the firm’s culture more inclusive, two people familiar with the matter said. SpaceX did not immediately respond to a Reuters request for comment. The New
Continue ReadingBy Clare Duffy, CNN Business Social media company Snap may be jumping on the paid subscription service bandwagon with a new offering called Snapchat+. Rumors swirled on Twitter Thursday about a subscription service for the disappearing-photo app that would cost users around $5 a month and allow them to do things like pin a “best
Continue ReadingBy Clare Duffy, CNN Business Elon Musk spent weeks raising alarms that Twitter may have far more fake, spam and bot accounts than previously disclosed and threatening to abandon his $44 billion deal to buy the company if it didn’t provide him with more information to evaluate the matter. Now, Twitter apparently plans to provide
Continue ReadingBy Anna Cooban and Uliana Pavlova, CNN Business The semiconductor industry just can’t catch a break. After grappling with pandemic-fueled supply bottlenecks, chipmakers are facing a new headache: Russia, one of the world’s biggest suppliers of gases used to make semiconductors, has started to limit exports. Moscow began restricting exports of inert, or “noble” gases,
Continue ReadingBy Sara Ashley O’Brien, CNN Business Lyft has agreed to a $25 million settlement with shareholders over allegations that it failed to adequately disclose threats to its reputation and business ahead of going public. The “misstatements and omissions” before its initial public offering include not disclosing the “existential risk” presented by reports of drivers assaulting
Continue ReadingBy Clare Duffy and Donie O’Sullivan, CNN Business Elon Musk on Thursday doubled down on his desire to relax content restrictions on Twitter during a meeting with employees, some of whom have previously raised concerns about how the billionaire might change the platform. In his first town hall event with Twitter employees since agreeing to
Continue ReadingBy Brian Fung, CNN European Union officials on Thursday announced new, voluntary commitments by companies including Google, Facebook-parent Meta, Twitter and TikTok to limit the spread of fake and misleading content. Under the newest version of a code of conduct originally established in 2018, nearly three dozen entities vowed to step up efforts to detect
Continue ReadingBy Jennifer Korn, CNN Business Hao Jia was so convinced in the potential of cryptocurrencies that he passed up a job at a large tech firm, Oracle, to take another offer he received in early April to be a software engineer at one of the buzziest crypto startups, Coinbase. But last week, Jia was one
Continue ReadingCNN By Jennifer Korn, CNN Business Hao Jia was so convinced in the potential of cryptocurrencies that he passed up a job at a large tech firm, Oracle, to take another offer he received in early April to be a software engineer at one of the buzziest crypto startups, Coinbase. But last week, Jia was
Continue ReadingCatherine Thorbecke, CNN Business Apple workers at a retail outpost in Towson, Maryland, are set to begin voting on Wednesday in a union election, with the potential to form the first labor union in one of the tech giant’s US stores. Voting will take place in person at a vacant store in the Towson Town
Continue ReadingCNN, CNN BUSINESS By Jennifer Korn and David Goldman, CNN Business After nearly 27 years, an iconic Microsoft product is finally being put to rest. Internet Explorer 11 is now incompatible with Microsoft products, as announced by the company in a blog post Wednesday. The move comes over a year after Microsoft first announced its
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