By Catherine Thorbecke, CNN Business While much of Silicon Valley is grappling with hiring freezes and job cuts, at least one social media company is still planning to keep hiring: TikTok. The short-form video app remains committed to its goal of hiring nearly 1,000 engineers at its Mountain View office, a person familiar with the
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By Brian Fung, CNN Business Meta has been fined roughly $275 million by Ireland’s data privacy regulator for failing to prevent hackers from siphoning off personal information from more than 500 million Facebook users in a 2019 data leak. Monday’s announcement marked the fourth time in about a year that Facebook’s parent company has been
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By Brian Fung, CNN Conspiracy theorist Alex Jones won’t be returning to Twitter and will remain banned from the platform, according to its new owner, Elon Musk. Musk declared on Friday that Jones’ account will not be restored, in spite of some users’ requests, and spent the weekend defending the decision even as Twitter moved
Continue Reading By Brian Fung, CNN Conspiracy theorist Alex Jones won’t be returning to Twitter and will remain banned from the platform, according to its new owner, Elon Musk. Musk declared on Friday that Jones’ account will not be restored, in spite of some users’ requests, and spent the weekend defending the decision even as Twitter moved
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By Larry Madowo, CNN Laid-off employees at Twitter’s Africa headquarters are accusing Twitter of “deliberately and recklessly flouting the laws of Ghana” and trying to “silence and intimidate” them after they were fired. The team has hired a lawyer and sent a letter to the company demanding it comply with the West African nation’s labor
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By Rachel Metz, CNN Business As artificial intelligence becomes increasingly popular for generating images, a question has roiled the art world: Can AI create art? At bitforms gallery in San Francisco, the answer is yes. An exhibit called “Artificial Imagination” is on display through late December and features works that were created with or inspired
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By Samantha Murphy Kelly, CNN Business Len Edgerly, a 72-year-old podcaster from Cambridge, Massachusetts, has spent the last 14 and a half years talking about his favorite tech product of all time: the Kindle. Edgerly, who records a weekly podcast called “The Kindle Chronicles,” has spoken to authors, readers, publishing industry experts and Amazon executives
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By Rachel Metz, CNN Business Elizabeth Holmes was sentenced to more than 11 years in prison on Friday following her conviction in January for defrauding investors while running the failed blood testing startup Theranos. Judge Edward Davila imposed a sentence of 11 years and three months in prison, with another three years of supervision after
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By Clare Duffy, CNN Business Elon Musk on Friday said Twitter plans to restore several controversial accounts that had previously been banned or suspended, but added that the company has not yet made a decision about the account of former President Donald Trump. The announcement came as a follow-up to a tweet in which Musk
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By Catherine Thorbecke, CNN Business As #RIPTwitter continues to trend on Twitter itself and a legion of engineers and other staffers exit the company, some users are preparing for a world without their accounts. For those who have lived their lives on the platform for the past decade or more, Twitter going dark could mean
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By Clare Duffy, CNN Business On Thursday night, following another exodus of Twitter employees, the outage detection site Down Detector showed a spike in users reporting issues accessing the social media platform. A chart of the sharp increase in outage reports was shared by some users on Twitter, appearing to validate a growing fear that
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By Chris Isidore, CNN Business Elon Musk is ready to try his troubled new verification system for Twitter once again. This time, in color. The CEO of Twitter announced – via a tweet of course – that Twitter will roll out its tentatively launching Verified on Friday next week. There’s changes to the program that
Continue Reading By Rachel Metz, CNN Business Elizabeth Holmes was sentenced to more than 11 years in prison on Friday following her conviction in January for defrauding investors while running the failed blood testing startup Theranos. Judge Edward Davila imposed a sentence of 11 years and three months in prison, with another three years of supervision after
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By Catherine Thorbecke, CNN Business Amazon CEO Andy Jassy said job cuts at the e-commerce giant would continue into early next year, in his first public remarks since the company began widespread layoffs earlier this week. “Our annual planning process extends into the new year, which means there will be more role reductions as leaders
Continue Reading By Catherine Thorbecke, CNN Business Amazon CEO Andy Jassy said job cuts at the e-commerce giant would continue into early next year, in his first public remarks since the company began widespread layoffs earlier this week. “Our annual planning process extends into the new year, which means there will be more role reductions as leaders
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By Clare Duffy and Oliver Darcy, CNN Business Another employee exodus appears to be underway at Twitter as many workers rejected Elon Musk’s terms for staying with the company, choosing instead to depart, according to multiple current and former employees. As the deadline approached for Twitter employees to respond to Elon Musk’s ultimatum to commit
Continue Reading By Clare Duffy and Oliver Darcy, CNN Business Another employee exodus appears to be underway at Twitter as many workers rejected Elon Musk’s terms for staying with the company, choosing instead to depart, according to multiple current and former employees. As the deadline approached for Twitter employees to respond to Elon Musk’s ultimatum to commit
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By Samantha Murphy Kelly, CNN Business If you haven’t ordered one of the higher-end iPhone 14 models by now, it may be harder than usual to get one before the holidays. The wait time for the 14 Pro and 14 Pro Max in the United States is now 34 days, up from seven days last
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By Catherine Thorbecke, CNN Business After years of seemingly unstoppable growth, the tech industry is now facing the “ultimate reality check” as it confronts broader economic uncertainty and waves of layoffs, Airbnb CEO Brian Chesky told CNN on Thursday. “It’s like we’re all in a nightclub and the lights just came on,” Chesky said in
Continue Reading By Catherine Thorbecke, CNN Business After years of seemingly unstoppable growth, the tech industry is now facing the “ultimate reality check” as it confronts broader economic uncertainty and waves of layoffs, Airbnb CEO Brian Chesky told CNN on Thursday. “It’s like we’re all in a nightclub and the lights just came on,” Chesky said in
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