The logos of Google, Facebook, Instagram, Twitter, Snapchat and TikTok displayed on a computer screen. Denis Charlet | AFP via Getty Images LONDON — British regulators could soon have the power to fine and block the sites of social media giants like Facebook, TikTok and Twitter for failing to remove harmful content under new legislation.
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Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Google is delaying employees’ return to offices to September 1, and will expect employees to report to work in-person for at least three days a week thereafter, according to an
An Electronic Arts (EA) video game logo is seen at the Electronic Entertainment Expo in Los Angeles last year. Lucy Nicholson | Reuters LONDON — Electronic Arts said Monday it has reached an agreement to buy U.K. video game developer Codemasters in a deal worth $1.2 billion. The deal upstaged a previous transaction agreed between
Matthew Prince, co-founder and chief executive officer of Cloudflare Inc., speaks during the Wall Street Journal Tech Live global technology conference in Laguna Beach, California, U.S., on Monday, Oct. 21, 2019. The event brings together investors, founders, and executives to foster innovation and drive growth within the tech industry. Martina Albertazzi | Bloomberg | Getty
Tess Pawlisch, right, has been living nomadically in out of Airbnbs in Tulum, Mexico, since October. Courtesy of Tess Pawlisch Tess Pawlisch worked in San Francisco for the last four years. But this year, Pawlisch has found herself writing work emails, holding team meetings and taking client calls from hotel rooftops, hammocks and beaches in
Kuka robots work on Tesla Model X in the Tesla factory in Fremont, California, on Thursday, July 26, 2018. Mason Trinca | The Washington Post | Getty Images Tesla informed employees in its Fremont, California, factory on Friday that its Model S and Model X electric vehicle production lines will close from December 24th to
California is seeking to join the Justice Department in its antitrust lawsuit against Google, according to a court filing the state submitted on Friday. The move makes Google’s home state the first Democratic enforcer to seek to join the DOJ and eleven Republican attorneys general in the lawsuit. California did not join the initial group
An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, October 18, 2019. Tom Brenner | Reuters Oracle is the latest tech company to move its headquarters out of California. The company said on Friday it’s moving its headquarters from the Silicon Valley to Austin, Texas. “Oracle is implementing a more
A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California. Gabrielle Lurie | Reuters Since starting an Airbnb host in 2016, Travis Schurr has become a mainstay on the site, listing more than 20 houses in the Las Vegas area. He got started when one of
Bob Chapek, CEO of the Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a media preview of the D23 Expo 2019 in Anaheim, California, Aug. 22, 2019. Patrick T. Fallon | Bloomberg via Getty Images Disney‘s streaming service Disney+ continues to gain subscribers. On Thursday, the company revealed that
Brian Chesky, chief executive officer and co-founder of Airbnb Inc., speaks during an Economic Club of New York luncheon at the New York Stock Exchange (NYSE) in New York, U.S., on Monday, March 13, 2017. Michael Nagle | Bloomberg | Getty Images Airbnb, the company that allows users to book short-term rentals and experiences while
The Federal Trade Commission and a coalition of attorneys general from 48 states and territories filed two separate antitrust lawsuits against Facebook on Wednesday. The lawsuits target two of Facebook’s major acquisitions: Instagram and WhatsApp. Both are seeking remedies for the alleged anticompetitive conduct that could result in requiring Facebook to divest the two apps.
A DoorDash Inc. delivery person places an order into an insulated bag at Chef Geoff’s restaurant in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images DoorDash, the food delivery provider that’s seen a surge in demand during the coronavirus pandemic, sold shares in its IPO at $102 a piece, pricing above its range, according
SpaceX owner and Tesla CEO Elon Musk poses as he arrives on the red carpet for the Axel Springer Awards ceremony, in Berlin, on December 1, 2020. Britta Pedersen | AFP | Getty Images Elon Musk said Tuesday that while SpaceX and Tesla maintain major operations in California today, he has personally moved to Texas.
Pilot models of the Uber self-driving car. Angelo Merendino | AFP | Getty Images Uber‘s self-driving unit, Advanced Technologies Group (ATG), is being acquired by its start-up competitor Aurora Innovation, the companies announced Monday. The deal, expected to close in the first quarter of 2021, values ATG at approximately $4 billion. The unit was valued
A person wears a Palantir Technologies (PLTR) sweater outside the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reuters Shares of Palantir jumped more than 17% Monday after Bloomberg reported that the company won a three-year contract
Rubin Ritter, member of the management board at Zalando SE, gestures whilst speaking during an interview at the online retailer’s technology headquarters in Berlin, Germany, on Monday, Sept. 26, 2016. Krisztian Bocsi | Bloomberg via Getty Images LONDON — A co-CEO of Europe’s largest online fashion and lifestyle site has announced plans to step down
Ben Lamm is just 39 and building his fifth company, Hypergiant, a Texas-based company which develops artificial intelligence products for the likes of NASA, GE Power, Apple and Twitter. When Lamm was at Amy’s Ice Cream in Austin a couple years ago, he distinctly remembers a moment of being jealous of the employee serving him
Vehicles pass the Tesla Inc. assembly plant in Fremont, California, U.S., on Monday, May 11, 2020. David Paul Morris | Bloomberg | Getty Images Elon Musk’s electric car and renewable energy company published its first ever diversity report late Friday. It said that Tesla has a “majority minority” U.S. workforce overall, but 83% of employees
There was a time when getting around was a lot more complicated. It required planning, difficult to fold maps and arguments with spouses. We often needing to stop to ask for directions. That changed when Google Maps was released 15 years ago. Since then, Google Maps has taken on competitors like MapQuest, Yahoo and Apple.
Combined images of AT&T CEO John Stankey (L)and john stankey WarnerMedia CEO Jason Kilar. Reuters In December 2018, John Stankey sat down with HBO CEO Richard Plepler and his leadership team. Stankey, the AT&T veteran running WarnerMedia at the time, was meeting with division heads to hear ideas on how to combat the threat from
Tesla CEO Elon Musk talks to media as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images Tesla CEO Elon Musk put his California houses on the market this year while he was sparring
Jason Kilar Getty Images On Thursday, AT&T‘s WarnerMedia announced it would release its entire 2021 slate of films directly on HBO Max at the same time they hit theaters. Investors and industry-watchers greeted it as earth-shattering news for the movie theater industry. AMC Entertainment fell 16% on the day. Cinemark fell 22%. WarnerMedia CEO Jason
Josh Brolin and Timothée Chalamet in “Dune.” Source: Warner Bros. Pictures AT&T‘s Warner Bros. announced on Thursday that all of its films scheduled to launch in 2021 will be released on HBO Max at the same time they are available in theaters. It’s currently a one-year plan. AMC shares were down nearly 8% on the
Google employees at the tech giant’s headquarters in Mountain View, California, walk off the job to protest the company’s handling of sexual misconduct claims. Mason Trinca | Getty Images News | Getty Images The U.S. National Labor Relations Board has filed a complaint against Google and its parent company Alphabet, accusing the tech juggernaut of
Marc Benioff, founder, chairman and co-CEO of Salesforce, speaks at an Economic Club of Washington luncheon in Washington on October 18, 2019. Nicholas Kamm | AFP | Getty Images Salesforce’s market value topped Oracle’s earlier this year, another sign that primacy in software had swapped hands. That was months before Salesforce made its biggest acquisition
Elon Musk, CEO of Tesla, speaks to media representatives at the Tesla Gigafactory construction site In Grünheide near Berlin, September 3, 2020. Julian Stähle | picture alliance via Getty Images Tesla CEO Elon Musk sent an e-mail to employees on Tuesday warning them that they need to control their spending in order to continue squeaking
Airbnb plans to price at $44 to $50 per share in its IPO, giving it a valuation of up to $35 billion on a fully diluted basis, according to a new filing the company submitted to the SEC Tuesday. The company seeks to raise about $2.5 billion in the IPO. Existing investors seek to sell
Andy Jassy, chief executive officer of web services at Amazon.com Inc., speaks during the Amazon Web Services (AWS) Summit in San Francisco on April 19, 2017. David Paul Morris | Bloomberg | Getty Images Amazon’s cloud division on early Tuesday announced the availability of new virtual computing instances for software developers that run Apple’s MacOS
Marc Benioff, chairman and chief executive officer of Salesforce.com speaks during the grand opening ceremonies for the Salesforce Tower in San Francisco on May 22, 2018. David Paul Morris | Bloomberg | Getty Images Salesforce’s deal to buy Slack is expected to be announced Tuesday after markets close, sources told CNBC’s David Faber. The deal