Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Jack Dorsey appears to be offering to sell the very first tweet as a non-fungible token, or NFT. The Twitter CEO shared a
Technology
Marc Benioff, chairman and co-chief executive officer of Salesforce.com Inc., speaks during the opening keynote of the 2019 DreamForce conference in San Francisco on Nov. 19, 2019. Salesforce.com Inc.s annual software conference, where it introduces new products and discusses its commitment to social causes, was interrupted for the second year in a row by protests
Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Shares in Tesla were down as much as 8% Friday morning. They’ve since recovered to finish down less than 2% as markets showed a dramatic bounceback late on Friday, but
Timothy Wu, professor of law at Columbia University, testifies during a Senate Judiciary Committee hearing in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Big Tech critic and antitrust hawk Tim Wu is joining the Biden administration to work on technology and competition policy on the National Economic Council, he announced on Friday. The
Tampa Bay Buccaneers Tight End Rob Gronkowski (87) celebrates after scoring a touchdown in the first quarter during Super Bowl LV between the Kansas City Chiefs and the Tampa Bay Buccaneers on February 07, 2021, at Raymond James Stadium in Tampa, FL. Cliff Welch | Icon Sportswire | Getty Images Amazon has its eyes set
A pedestrian walks past a boarded up Walt Disney Co. Disney store in San Francisco, California, on Tuesday, March 24, 2020. David Paul Morris | Bloomberg | Getty Images Like so many other companies, the pandemic has forced Disney to go digital faster than expected. The latest beat in that transformation came Wednesday, with the
Satya Nadella, chief executive officer of Microsoft Corp., speaks during a Bloomberg event on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2020. Simon Dawson | Bloomberg | Getty Images Microsoft CEO Satya Nadella is not the type of executive to boast and put down rivals. He’s
Google is clarifying its plans for targeted advertising as it phases out the use of browser cookies, saying in a new blog post Wednesday that it won’t use other ways to “track” users around the internet after it ends support for cookies in Chrome. Last year, the company said it would be ending support for third-party cookies,
The Lyft logo is shown on the screen at the Nasdaq offices in Times Square on March 29, 2019 in New York. Don Emmert | AFP | Getty Images Lyft is seeing a recovery in ridesharing sooner than it had expected. In a filing with the SEC Tuesday, the company said that improving trends will
Instacart is being valued at $39 billion in a new round of funding that will add $265 million to the grocery delivery company’s coffers. It’s the second time Instacart’s valuation has doubled since the start of the Covid-19 pandemic. Less than five months ago, Instacart raised $200 million in a deal that valued it at
When French telecommunications company Altice acquired U.S. cable companies Cablevision and Suddenlink, Chairman Patrick Drahi made a bold statement: Altice USA would rival Comcast and Charter in size, becoming one of the three dominant U.S. cable operators. Fast forward nearly six years, and Altice USA has about 5 million customer relationships, compared with about 31
Workers in the Foxconn factory in Shenzhen, China. AFP | Getty Images China’s spending on research and development climbed 10.3% to 2.44 trillion Chinese yuan ($378 billion) in 2020, according to the nation’s National Bureau of Statistics. The bureau said in a press release on Sunday that R&D spend, which looks to develop new services
U.S. President Joe Biden delivers remarks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, February 24, 2021. Jonathan Ernst | Reuters Without naming Amazon specifically, President Joe Biden on Sunday expressed support for a closely watched union vote
Roblox CEO David Baszucki Roblox Roblox is counting on adults to buy its stock when the company goes public next month. But it also wants them as customers. Roblox has become one of the top-grossing apps on Apple and Google devices through its millions of user-created games that allow kids to hang out with their
A bike messenger carries a DoorDash bag during a delivery in New York, Wednesday, Dec. 9, 2020. Michael Nagle | Bloomberg | Getty Images Still fresh off of a landmark victory in California, companies like DoorDash, Instacart, Lyft and Uber are preparing to bring their message supporting an independent workforce nationwide. But the companies will
After the riots at the Capitol on January 6, debate is swirling over how platforms moderate content and what is protected as free speech. It’s a messy and expensive process, with Facebook spending billions to review millions of pieces of content every day. While TikTok directly employs content moderators, Facebook, Twitter and YouTube outsource most