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Are social media platforms like railroads? The future of Facebook and Twitter could depend on the answer

By Brian Fung, CNN Business Services like Facebook and Twitter could change radically for millions of Americans in the coming years depending on how the courts decide one hotly debated question: Should social media platforms be regulated like railroads? It’s a question that’s gotten increased attention lately as a number of states, including Texas and

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China’s BYD will supply EV batteries to ‘good friend’ Elon Musk ‘very soon’

By Laura He, CNN Business BYD, the Warren Buffett-backed Chinese electric carmaker, plans to supply batteries to Tesla “very soon,” a senior executive from the company told a Chinese state-owned broadcaster. “BYD respects Tesla, and we also admire Tesla,” said Lian Yubo, BYD’s executive vice president, in a video interview with an anchor from CGTN.

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Uber and Waymo fought in court over self-driving trucks. Now they’re teaming up

By Matt McFarland, CNN Business Uber and Alphabet’s Waymo, which were once embroiled in a lawsuit over self-driving technology, are now working together on fully autonomous trucks. The companies announced Tuesday a “long-term strategic partnership” to deploy Waymo’s self-driving trucks on Uber Freight, a logistics platform that matches trucks with businesses shipping goods. Carriers purchasing

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Amazon’s CEO of Worldwide Consumer resigns

By Catherine Thorbecke, CNN Business Dave Clark, Amazon’s Worldwide Consumer CEO, is resigning after 23 years at the e-commerce giant. Amazon announced Clark’s resignation, effective July 1, in a regulatory filing with the US Securities and Exchange Commission Friday. In a tweet, Clark said: “I’ve had an incredible time at Amazon but it’s time for

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Tesla reportedly hired a PR firm to monitor employees on Facebook

By Jordan Valinsky, CNN Business Tesla reportedly paid a consultancy firm to monitor employees’ Facebook interactions when some workers wanted to form a union at the company’s factory in Fremont, California. CNBC cited invoices and “other documents” that reportedly showed MWW PR monitored employees’ discussions on the platform regarding the company’s labor practices and a

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