By Jennifer Korn Amazon is potentially misleading consumers by not being clear enough in indicating which of its search results are paid advertisements, according to a complaint filed with the Federal Trade Commission on Wednesday. More than a quarter of Amazon search results are sponsored by third parties and not adequately labeled to make that
Continue ReadingCNN, CNN BUSINESS By Jennifer Korn Amazon is potentially misleading consumers by not being clear enough in indicating which of its search results are paid advertisements, according to a complaint filed with the Federal Trade Commission on Wednesday. More than a quarter of Amazon search results are sponsored by third parties and not adequately labeled
Continue ReadingBy Clare Duffy, CNN Business The independent board that oversees Facebook parent company, Meta, is once again urging the social media giant to be more transparent about its content moderation decisions. The Facebook Oversight Board on Thursday released two rulings overturning Meta’s decisions to remove user posts from its platforms, saying the content did not
Continue ReadingBy Rachel Metz, CNN Business Meta is bringing its vision of a so-called metaverse closer to (virtual) reality. The company formerly known as Facebook said Thursday that Horizon Worlds, a free app for socializing in VR that has been long in the making, is now open to anyone 18 and older with a Quest 2
Continue ReadingBy Anna Cooban, CNN Business As many as four million European gig economy workers could become employees if new draft EU legislation becomes law. The European Commission proposed new rules for “digital platforms” on Thursday that could force ride-hailing and delivery firms such as Uber and Deliveroo to reclassify their contracted drivers as employees. The
Continue ReadingBy Michelle Toh, CNN Business Meta, the owner of Facebook and Instagram, is further clamping down on content linked to Myanmar’s military amid pressure to step up safety controls in the country. The company announced Wednesday that it would ban military-controlled businesses from Facebook, wiping out their pages, groups and accounts. The move expands existing
Continue ReadingBy Rob McLean, CNN Business Lyft is giving its employees another year to work remotely, a dramatic step among major businesses that are continuing to delay a return to the office. The rideshare company said Wednesday that it won’t require its staff to return to the office until 2023. Lyft did not cite concerns about
Continue ReadingCNN, CNNBUSINESS By Clare Duffy, CNN Business Meta, the company formerly known as Facebook, is asking for help in avoiding having personal data about its users scraped from its platforms and posted to the web. The social media giant announced Wednesday that it is expanding its bug bounty program — which offers rewards for helping
Continue ReadingBy Donie O’Sullivan and Clare Duffy, CNN Business Instagram says it prohibits drug sales, but accounts advertising the sale of Xanax, ecstasy, opioids and other drugs are still widespread and easy to find on the platform, including for young users, according to a report released by tech advocacy group the Tech Transparency Project (TTP) on
Continue ReadingBy Samantha Murphy Kelly, CNN Business Instagram head Adam Mosseri testified for the first time before a Senate subcommittee on Wednesday as lawmakers question the app’s impact on the mental health of younger users. During his testimony, Mosseri said Instagram is planning to bring back a version of its news feed that would give users
Continue ReadingBy Sara Ashley O’Brien, CNN Business Elizabeth Holmes’ defense rested its case Wednesday, shortly after the founder and former CEO of Theranos concluded her seventh day on the witness stand in her own criminal trial. While the prosecution called 29 witnesses to testify, the defense’s case relied almost entirely on Holmes. During her testimony, she
Continue ReadingBy Brian Fung The Federal Aviation Administration announced a new rule on Tuesday that forbids pilots from using auto-landing and other certain flight systems at low altitudes where 5G wireless signals could interfere with onboard instruments that measure a plane’s distance to the ground. The rule, which affects more than 6,800 US airplanes and dozens
Continue ReadingBy Samantha Murphy Kelly, CNN Business Video by John General, Janelle Gonzalez & Sofia Barrett, CNN Business Last September, just a few weeks into the school year, Sabine Polak got a call from the guidance counselor. Her 14-year-old daughter was struggling with depression and had contemplated suicide. “I was completely floored,” said Polak, 45, who
Continue ReadingCNN, CNN BUSINESS By Donie O’Sullivan and Clare Duffy, CNN Business Instagram says it prohibits drug sales, but accounts advertising the sale of Xanax, ecstasy, opioids and other drugs are still widespread and easy to find on the platform, including for young users, according to a report released by tech advocacy group the Tech Transparency
Continue ReadingCNN By Jackie Wattles, CNN Business Yusaku Maezawa, a Japanese billionaire, soared into outer space aboard a Russian-built Soyuz capsule and rocket Wednesday morning, kicking off the first self-funded tourism mission to the International Space Station in a decade. The capsule took off from Russia’s Cosmodrome in Kazakhstan at 2:38 am ET Wednesday, and it’s
Continue ReadingCNN, NASA, GODDARD SPACE FLIGHT CENTER, ESA By Jackie Wattles, CNN Business Yusaku Maezawa, a Japanese billionaire, arrived at the International Space Station this morning after soaring into outer space aboard a Russian-built Soyuz capsule, kicking off the first self-funded tourism mission to the International Space Station in a decade. The capsule took off from
Continue ReadingBy Jennifer Korn, CNN Business If 2020 was defined by a spike in people frantically Googling for everything related to the coronavirus, this year saw the old standards of sports and entertainment make a resurgence in online searches around the world. Google released its annual “Year in Search” list on Wednesday, offering a glimpse into
Continue ReadingBy Matt McFarland, CNN Business Elon Musk has described electric cars as critical to fighting climate change, which he’s said he believes could cause more displacement and destruction than all the wars in history combined. So you might think he’d support the federal government funding electric vehicle charging stations. But that’s not the case, at
Continue ReadingCNN, CNN BUSINESS By Matt McFarland, CNN Business Elon Musk has described electric cars as critical to fighting climate change, which he’s said he believes could cause more displacement and destruction than all the wars in history combined. So you might think he’d support the federal government funding electric vehicle charging stations. But that’s not
Continue ReadingBy Jackie Wattles, CNN Business Yusaku Maezawa, a Japanese billionaire, arrived at the International Space Station this morning after soaring into outer space aboard a Russian-built Soyuz capsule, kicking off the first self-funded tourism mission to the International Space Station in a decade. The capsule took off from Russia’s Cosmodrome in Kazakhstan at 2:38 am
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