Skip to Content

CNN – Social Media/Technology

Ethereum

The world’s second biggest cryptocurrency just got a lot greener

By Diksha Madhok, CNN Business Ethereum, the world’s second most valuable cryptocurrency, has completed a massive software upgrade that its backers claim will slash its carbon footprint. The long-awaited revamp, which is known as “The Merge,” will reduce ethereum’s energy consumption by nearly 99.95%, according to the Ethereum Foundation, a nonprofit organization dedicated to supporting

Continue Reading
California Attorney General Rob Bonta talks at a news conference in Sacramento

California AG sues Amazon over allegedly anticompetitive pricing contracts

By Brian Fung, CNN Business California’s attorney general sued Amazon on Wednesday, alleging the company has forced third-party sellers to offer only their lowest prices in listings with the e-commerce giant and harming competition in the process. The complaint filed in San Francisco Superior Court takes aim at contractual language Amazon uses with third-party sellers

Continue Reading
Uber paid $100 million to New Jersey after an audit by the state's Department of Labor and Workforce Development determined the ride-share company improperly classified hundreds of thousands of drivers as independent contractors.

Uber and its subsidiary pay New Jersey $100 million in back taxes over driver classification dispute

By Catherine Thorbecke, CNN Business Uber and one of its subsidiaries paid $100 million to New Jersey after an audit by the state’s Department of Labor and Workforce Development determined the ride-share company improperly classified hundreds of thousands of drivers as independent contractors. Workers classified as independent contractors don’t receive benefits such as unemployment, temporary

Continue Reading
Blue Origin experienced an "anomaly" during an uncrewed launch of its New Shepard rocket from West Texas on September 12. A sign is seen at an entrance to Blue Origin's Launch Site One in Van Horn

Blue Origin rocket experiences ‘booster failure,’ activates abort system during uncrewed launch

By Catherine Thorbecke, CNN Business A Blue Origin rocket experienced a “booster failure” during an uncrewed launch of its New Shepard rocket from West Texas on Monday morning, triggering an abort system that allowed the capsule to parachute to Earth. “This was a payload mission with no astronauts on board. The capsule escape system functioned

Continue Reading
Disney's analysis of Twitter in connection with a potential 2016 acquisition led the entertainment giant to conclude that "substantial" numbers of accounts on the social media service were fake

Disney believed Twitter had ‘substantial’ numbers of fake accounts when it weighed acquisition in 2016, ex-CEO says

By Brian Fung and Frank Pallotta, CNN Disney’s analysis of Twitter in connection with a potential 2016 acquisition led the entertainment giant to conclude that “substantial” numbers of accounts on the social media service were fake, according to former Disney CEO Bob Iger. The revelation prompted Disney to lower its estimated value for Twitter, said

Continue Reading
Skip to content