CNN, CNN BUSINESS By Samantha Murphy Kelly, CNN Business When Apple announced at its closely-watched September product launch event that it would soon introduce an Emergency SOS feature powered by a network of satellites orbiting above Earth, Brooklyn probably wasn’t the secluded location most had in mind for using it. But on a rainy afternoon
Continue ReadingBy Jennifer Korn, CNN Business Google has agreed to a record $391.5 million settlement with 40 states for allegedly misleading consumers over its location tracking practices, a coalition of attorneys general announced Monday. The attorneys general described it as the largest multi-state privacy settlement in US history. The coalition, which included attorneys general from New
Continue ReadingBy Catherine Thorbecke, CNN Business Amazon is planning to lay off some 10,000 employees in corporate and technology jobs, the New York Times reported on Monday, citing anonymous sources with knowledge of the matter. The job cuts could start as early as this week, and will likely include staff working on Amazon devices (such as
Continue ReadingCNN By 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
Continue ReadingCNN By Jennifer Korn, CNN Business Google has agreed to a record $391.5 million settlement with 40 states for allegedly misleading consumers over its location tracking practices, a coalition of attorneys general announced Monday. The attorneys general described it as the largest multi-state privacy settlement in US history. The coalition, which included attorneys general from
Continue ReadingBy Catherine Thorbecke, CNN Business While a number of major brands have announced advertising pauses on Twitter in the wake of Elon Musk’s acquisition, the platform has scored a new ad buy from one notable billion-dollar business: Musk’s SpaceX. Musk confirmed on Twitter Monday that his aerospace company, SpaceX, bought a package to advertise its
Continue ReadingBy Samantha Murphy Kelly, CNN Business A little over a year ago, social media companies were put on notice for how they protect, or fail to protect, their youngest users. In a series of congressional hearings, executives from Facebook, TikTok, Snapchat and Instagram faced tough questions from lawmakers over how their platforms can lead younger
Continue ReadingBy Brian Fung, CNN Just two weeks into Elon Musk’s ownership of Twitter, the company may have already violated its consent agreement with the Federal Trade Commission, legal experts said. If proven, a violation could ultimately lead to significant personal liability for Musk, escalating the risks he faces as he stumbles through a morass of
Continue ReadingBy Brian Fung, CNN Two weeks after Elon Musk completed his acquisition of Twitter, the future of the company has never looked less certain. In the past week alone, one of the world’s most influential social networks has laid off half its workforce; alienated powerful advertisers; blown up key aspects of its product, then repeatedly
Continue ReadingBy Steven Jiang and Juliana Liu, CNN Apple has limited the use of the AirDrop wireless file sharing function on devices in China, just weeks after reports that some protesters had used the popular feature to spread messages critical of the Chinese government. Users of iPhones in mainland China who updated their iOS software this
Continue ReadingBy Hilary Whiteman, CNN Cyber criminals in Russia are behind a ransomware attack on one of Australia’s largest private health insurers that’s seen sensitive personal data published to the dark web, the Australian Federal Police (AFP) said Friday. In a short press conference, AFP Commissioner Reece Kershaw told reporters investigators know the identity of the
Continue ReadingBy Brian Fung, CNN Just days after Twitter laid off thousands of employees, a number of top executives from teams working on privacy and security at the platform have reportedly resigned. Twitter’s chief information security officer announced their resignation on Thursday, vacating one of the company’s most critical roles just as scrutiny is mounting over
Continue ReadingBy Jennifer Korn, CNN Business The near collapse this week of FTX, one of the largest cryptocurrency exchanges, has sent shockwaves throughout the crypto startup and investment community. But the fallout could also spread to the sports industry. Like other crypto companies, FTX has invested heavily in sports sponsorships, including partnerships and naming rights in
Continue ReadingBy Clare Duffy, CNN Business Video by John General, CNN Business In 2019, Air Company made a splash when it launched vodka derived from recaptured carbon, in an effort to reduce the amount of the harmful greenhouse gas in the atmosphere. Today, the Brooklyn-based startup has begun using the same process to make fuel for
Continue ReadingCNN, CNN BUSINESS By Clare Duffy, CNN Business Video by John General, CNN Business In 2019, Air Company made a splash when it launched vodka derived from recaptured carbon, in an effort to reduce the amount of the harmful greenhouse gas in the atmosphere. Today, the Brooklyn-based startup has begun using the same process to
Continue ReadingBy Brian Fung, CNN Twitter appears to be battling a wave of celebrity and corporate impersonators on its platform who have quickly gamed the company’s new paid verification system, hours after its launch. CNN has confirmed multiple verified Twitter accounts have been suspended by the platform after other users posted screenshots showing misleading content from
Continue ReadingCNN By Clare Duffy, Oliver Darcy and Donie O’Sullivan, CNN Business Elon Musk has publicly clashed with a growing number of Twitter employees about the state of the platform, and fired at least one of them in a tweet, in an unusually visible sign of corporate chaos after his $44 billion takeover of the influential
Continue ReadingBy Nikki Carvajal, CNN President Joe Biden said Twitter owner and Tesla CEO Elon Musk’s relationship with other countries was “worthy of being looked at,” but declined to say how that could be done. “I think that Elon Musk’s cooperation and/or technical relationships with other countries is worthy of being looked at, whether or not
Continue ReadingBy Brian Fung, CNN Twitter owner Elon Musk pleaded with advertisers to keep using his platform on Wednesday as he sketched out his plans for user verification, content moderation and even his intention to add banking features to Twitter in front of a live audience of over 100,000 users. During an hour-long Twitter Spaces session
Continue ReadingBy Samantha Murphy Kelly, CNN Business Tesla drivers will soon be able to take a video call directly from their vehicle’s touchscreen dashboard, Zoom announced Tuesday. The video call provider announced on Tuesday during its annual Zoomtopia conference, where it typically teases new features to support remote calls, that its software is coming to Tesla’s
Continue Reading