European Executive Vice-President Margrethe Vestager. Anadolu Agency | Anadolu Agency | Getty Images The European Union agreed on new digital regulations Saturday that will force tech giants like Google and Meta to police illegal content on their platforms more aggressively, or else risk potential multibillion-dollar fines. The European Parliament and EU member states reached a
Technology
In this article TWTR Rep. Jim Jordan, R-Ohio, attends a news conference with members of the GOP Doctors Caucus after a meeting of the House Republican Conference in the U.S. Capitol on Wednesday, January 19, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images A group of 18 House Republicans is asking Twitter’s board
Former US President Barack Obama gestures as he speaks at the 2021 climate summit in Glasgow on November 08, 2021. NBC News reports Obama will return to the White House on Tuesday for the first time since he left office to promote the Affordable Care Act in an event alongside President Joe Biden. Jeff J
Tesla and SpaceX CEO Elon Musk at Tesla’s “Gigafactory” on March 22, 2022 in Gruenheide, southeast of Berlin. Patrick Pleul | AFP | Getty Images Elon Musk is exploring whether to commence a tender offer for Twitter, according to a new securities filing. The updated filing published on Thursday says Musk has received commitments for
In this article TSLA Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters On Tesla’s first-quarter earnings call Wednesday, CEO Elon Musk said he thinks that inflation is worse than reported and is likely to last all year in 2022. U.S. inflation rose
In this article NFLX Reed Hastings, founder, Netflix speaks onstage at 2019 New York Times Dealbook on November 06, 2019 in New York City. Michael Cohen | Getty Images Shares of Netflix plunged 34% Wednesday morning after the streamer reported earnings Tuesday evening that showed it lost subscribers in its most recent quarter. The results
In this article NFLX Reed Hastings, CEO of Netflix, attends a press conference in Mexico City, Mexico. Hector Vivas | Getty Images Today could be a dark day for your ex-boyfriend’s brother. Netflix, the world’s largest streaming video company, warned a global crackdown on password sharing is coming. It seems like a serious warning this
Gold House Gold House Megan Ruan knows firsthand how representation can impact funding for entrepreneurs. She recalled being the only woman of color working at a family office earlier in her career and running a portfolio of venture investments. “I saw the decisionmaking and how it differed between the people that were check-writers at these
A Standard Missile-3 (SM-3) launches from the U.S. Navy’s USS Lake Erie at a non-functioning National Reconnaissance Office satellite on Feb. 20, 2008 as an anti-satellite weapons U.S. Department of Defense The United States government has committed to ending the practice of anti-satellite missile tests, Vice President Kamala Harris announced on Monday, urging other nations
In this article AAPL People shop in an Apple retail store in Grand Central Terminal, January 29, 2019 in New York City. Drew Angerer | Getty Images Workers at Apple‘s flagship Grand Central Terminal retail store in New York City are taking steps to unionize, teeing up a potential labor battle with the iPhone maker.
In this article ABNB Police said a large party was being held at an Airbnb when shots broke out. Pittsburgh Public Safety Two minors were killed early Sunday after shots were fired at a large party hosted at an Airbnb rental in Pittsburgh, according to the city’s police blotter. At least nine others were being
In this article TSLA Elon Musk Krisztian Bocsi | Bloomberg | Getty Images In a court filing out late Friday, shareholders who are suing Tesla and CEO Elon Musk over alleged securities fraud said they won part of a critical ruling in their class-action lawsuit. The shareholders are suing Tesla over money they lost after
Illustrator Alex Kittle is putting her Etsy shop on “vacation mode” as part of a weeklong strike which has garnered the support of thousands of sellers. Alex Kittle In late February, Kristi Cassidy logged onto Reddit and made a call to action to people who sell their goods on Etsy. A day earlier, Etsy had
In this article TWTR Elon Musk’s Twitter profile displayed on a computer screen and Twitter logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on April 9, 2022. Jakub Porzycki | Nurphoto | Getty Images Twitter adopted a limited duration shareholder rights plan, often called a “poison pill,”
NFTs have been taking over the art world. And at the center of the $17 billion NFT market is a company called OpenSea. OpenSea is the Amazon of NFTs, or non-fungible tokens. It’s an online marketplace that allows people to easily create, sell and buy NFTs. It’s one of the largest NFT trading platforms with
SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on December 01, 2020 in Berlin, Germany. Britta Pedersen | Getty Images It’s not often that a company receives a takeover bid that amounts to an 18% stock premium only to see its shares fall on the
In this article TWTR Brendan Smialowski | Afp | Getty Images Billionaire Tesla CEO Elon Musk acknowledged Thursday at the TED2022 conference in Vancouver that he is “not sure” he’ll actually be able to buy Twitter. The comments came hours after a regulatory filing revealed that he offered to acquire the company for $54.20 per
In this article TWTR Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters This is breaking news. Please check back for updates. Elon Musk offered to buy Twitter for $54.20 a share, saying the social media company need to be transformed privately.
Alena Vorobiova hadn’t thought much about bitcoin before Russia invaded Ukraine in February. Fast forward to border closures and shelling on her hometown, cash shortages at ATMs across the country, and the central bank suspending electronic cash transfers — and she decided to give bitcoin a try. Whereas money providers often charge transfer fees of
PARIS — Crypto firm Tether is planning to reduce its holdings of commercial debt in its reserves, as the issuer of the world’s most-used “stablecoin” continues to face questions about what its digital currency is actually backed by. Last year, Tether revealed that it held some cash but also bought a large amount of commercial
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