By Jackie Wattles, CNN Elon Musk — the SpaceX founder, Tesla CEO, and, most recently, Twitter owner — hosted a flashy event on Wednesday night for yet another one of his companies: Neuralink, the startup proposing implants that connect your brain to a computer. The event showcased a video that Musk said showed a monkey
Continue ReadingBy Clare Duffy, CNN Business Enterprise tech giant Salesforce said Wednesday that its co-CEO and Vice Chair Bret Taylor will step down from his roles. Salesforce co-founder Marc Benioff, who had been co-CEO alongside Taylor, will continue running the company and serving as board chair, the company said in a news release. Taylor had worked
Continue ReadingBy Brian Fung, CNN A top European Union official warned Twitter owner Elon Musk on Wednesday that the social media platform must take significant steps to comply with EU content moderation laws, and that European officials will be monitoring closely for compliance. Twitter has “huge work ahead” to meet its obligations under the Digital Services
Continue ReadingBy 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 having
Continue ReadingBy Catherine Thorbecke, CNN Business DoorDash on Wednesday said it will lay off about 1,250 corporate employees after growing its team too quickly during the pandemic, making it the latest tech company to cut staff in recent weeks. The cuts represent about 6% of DoorDash’s staff, according to a company spokesperson. DoorDash CEO Tony Xu
Continue ReadingCNN By Brian Fung, CNN Business Twitter owner Elon Musk’s dictatorial management style risks driving the company headlong into unforced business blunders, content moderation disasters and the degradation of core platform features that help keep vulnerable users safe, according to a former top Twitter official who led the company’s content moderation before abruptly resigning this
Continue ReadingBy Juliana Liu, CNN Business Major Chinese cities, including financial hub Shanghai and Zhengzhou — home to the world’s largest iPhone factory — said Wednesday they were lifting Covid lockdowns. Zhengzhou is the site of “iPhone City,” a sprawling campus owned by Taiwanese contract manufacturer Foxconn that normally houses about 200,000 workers churning out products
Continue ReadingBy Brian Fung, CNN Business Twitter owner Elon Musk’s dictatorial management style risks driving the company headlong into unforced business blunders, content moderation disasters and the degradation of core platform features that help keep vulnerable users safe, according to a former top Twitter official who led the company’s content moderation before abruptly resigning this month.
Continue ReadingBy Stella Chan and Leslie Perrot, CNN South Dakota’s governor signed an executive order on Tuesday banning state agencies, employees and contractors from accessing TikTok on government devices, citing “the growing national security threat” posed by the Chinese-owned social media platform. “South Dakota will have no part in the intelligence gathering operations of nations who
Continue ReadingBy Nicki Brown and Sabrina Souza, CNN Two victims injured when a car drove into an Apple store filed lawsuits Tuesday morning claiming various development companies failed to protect people by not installing barriers near the store. One person died and at least 19 others were injured after an SUV drove through an Apple store
Continue ReadingBy Catherine Thorbecke, CNN Business Snapchat’s parent company is asking workers to return to the office 80% of the time, or the equivalent of four days a week, beginning early next year, in the latest sign of tech employees receiving less flexibility nearly three years after the pandemic took hold and amid a wave of
Continue ReadingBy Donie O’Sullivan, CNN Business Twitter said it will no longer enforce its longstanding Covid misinformation policy, yet another sign of how Elon Musk plans to transform the social media company he bought a month ago. In 2020, Twitter developed an extensive set of rules that sought to prohibit “harmful misinformation” about the virus and
Continue ReadingBy Clare Duffy, CNN Business Elon Musk on Monday claimed that Apple has “threatened” to pull Twitter from its iOS app store, a move that could be devastating to the company Musk just acquired for $44 billion. “Apple has also threatened to withhold Twitter from its App Store, but won’t tell us why,” Musk said
Continue ReadingBy Brian Fung, CNN Business Twitter searches for the widespread Covid-19-related protests in China are returning a flood of spam, pornography and gibberish that some disinformation researchers say at first glance appear to be a deliberate attempt by the Chinese government or its allies to drown out images of the demonstrations. Beginning late last week
Continue ReadingCNN By Brian Fung, CNN Business Twitter searches for the widespread Covid-19-related protests in China are returning a flood of spam, pornography and gibberish that some disinformation researchers say at first glance appear to be a deliberate attempt by the Chinese government or its allies to drown out images of the demonstrations. Beginning late last
Continue ReadingBy Brian Fung, CNN Business Meta has been fined roughly $275 million by Ireland’s data privacy regulator for failing to prevent hackers from siphoning off personal information from more than 500 million Facebook users in a 2019 data leak. Monday’s announcement marked the fourth time in about a year that Facebook’s parent company has been
Continue ReadingBy Catherine Thorbecke, CNN Business Sunday officially marks one month since the world’s richest man took the helm at Twitter. In that time, Elon Musk initiated mass layoffs and gave remaining staffers a cryptic ultimatum, reinstated the accounts of controversial figures including former President Donald Trump, and launched — then punted — a plan to
Continue ReadingBy Juliana Liu, CNN Business A violent workers’ revolt at the world’s largest iPhone factory this week in central China is further scrambling Apple’s strained supply and highlighting how the country’s stringent zero-Covid policy is hurting global technology firms. The troubles started last month when workers left the factory campus in Zhengzhou, the capital of
Continue ReadingBy Chris Isidore, CNN Business Elon Musk is ready to try his troubled new verification system for Twitter once again. This time, in color. The CEO of Twitter announced – via a tweet of course – that Twitter will roll out its tentatively launching Verified on Friday next week. There’s changes to the program that
Continue ReadingBy Michelle Toh, CNN Business Hikvision, a leading Chinese surveillance company, has denied suggestions that it poses a threat to Britain’s national security after the UK government banned the use of its camera systems at “sensitive” sites. The restrictions, announced Thursday, will prevent authorities from installing technology that is produced by companies subject to China’s
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