CNN – Social Media/Technology

By Anna Cooban, CNN Apple CEO Tim Cook recommended the company cut his pay this year after shareholders rebelled. The world’s largest tech company said it would reduce Cook’s target pay package to $49 million, 40% lower than his target pay for 2022 and about half Cook’s $99.4 million total compensation that he was granted

By Laura He, CNN Swedish mining company LKAB says it has found Europe’s largest deposit of rare earth oxides in the country’s north, a discovery that could reduce the continent’s reliance on China for the critical resource. Rare earth minerals play a key role in generating clean energy and producing electric vehicles and consumer electronics.

By Diksha Madhok, CNN Semiconductor giant Taiwan Semiconductor Manufacturing Company (TSMC) may expand its global manufacturing footprint even further. The company is considering opening its first plant in Europe and a second one in Japan, its CEO CC Wei said in an earnings call on Thursday. TSMC, which produces an estimated 90% of the world’s

By Brian Fung, CNN An unfavorable ruling against Google in a closely watched Supreme Court case this term about YouTube’s recommendation engine could have sweeping unintended consequences for much of the wider internet, the search giant argued in a legal filing Thursday. Google, which owns YouTube, is fighting a high-stakes court battle over whether algorithmically

By Brian Fung, CNN President Joe Biden called on members of Congress Wednesday to set aside partisan differences and pass groundbreaking legislation to rein in Big Tech, focusing on digital privacy, antitrust and the industry’s liability shield, Section 230 of the Communications Decency Act. In a Wall Street Journal op-ed, Biden said that despite making

By Chris Isidore, CNN Business A critical Federal Aviation Administration computer system that experienced an outage Wednesday and briefly halted all US flights provides airlines with a digital bulletin board of crucial safety updates. The system is known as the Notice to Air Missions or NOTAM. It send alerts to pilots to let them know

By Brian Fung, CNN After years of hearings, reports and stalled proposals, Congress ended 2022 without taking major steps to regulate Big Tech. But a few blocks away in Washington, Jonathan Kanter is just getting warmed up. While the Justice Department’s top antitrust official has yet to file fresh lawsuits against any of the country’s

By Donie O’Sullivan, CNN Elon Musk’s Twitter has restored the accounts of two prominent election deniers who were banned from the platform following the January 6, 2021 attack on the US Capitol. “Stop the Steal” organizer Ali Alexander’s account was restored on Monday. Alexander assumed a leadership role in the movement that discredited the 2020

By Laura He, CNN Galactic Energy, a rocket startup in China, launched five satellites into orbit on Monday, boosting the private company’s ambition to become the Chinese rival to SpaceX. Galactic Energy’s Ceres-1 rocket lifted off Monday from the Jiuquan Satellite Launch Center in northwestern China, sending five commercial satellites into their intended orbits, the