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Simon Hu resigns as Ant Group CEO

Simon Hu has resigned as chief executive officer of Ant Group, months after the company was forced to pull its IPO amid a crackdown by Chinese regulators. “The Ant Group Board of Directors has accepted Mr. Simon Hu’s resignation request, due to personal reasons,” said a spokesperson for the digital payments firm. “We are thankful

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Pakistan bans TikTok again

TikTok has been banned in Pakistan for a second time. The popular short-form video app is no longer available on mobile devices in the country after regulators issued an order late Thursday to “immediately” block access to it. Pakistan’s Telecommunications Authority said it banned TikTok after a provincial court in Peshawar called for the platform

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Google Maps gets a fresh coat of paint

Google Maps is making some social media-inspired updates to encourage more user-generated content in the app. The app on Thursday introduced several new features aimed at making Google Maps more interactive, including one that makes it easier for users to share photos of locations they visit. The changes are just the latest in a string

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Google Maps is making some changes

Google Maps is making some social media-inspired updates to encourage more user-generated content in the app. The app on Thursday introduced several new features aimed at making Google Maps more interactive, including one that makes it easier for users to share photos of locations they visit. The changes are just the latest in a string

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Clearview AI sued in California by immigrant rights groups, activists

Clearview AI, the controversial firm behind facial-recognition software used by law enforcement, is being sued in California by two immigrants’ rights groups to stop the company’s surveillance technology from proliferating in the state. The complaint, which was filed Tuesday in California Superior Court in Alameda County, alleges Clearview AI’s software is still used by state

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Elon Musk lost $27 billion last week

Elon Musk’s net worth plunged last week as tech stocks got hammered and Tesla shares’ stunning rise quickly unraveled. Wall Street is growing increasingly nervous about rising bond yields, which could make borrowing more expensive. That could eat into corporate profits, which is why investors have begun to reverse some of the positions they took

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