By Raja Razek and Elizabeth Wolfe, CNN The Arkansas House of Representatives passed a bill on Wednesday that would require social media companies to verify their users’ ages and confirm that minors have permission from a parent or guardian before opening an account. The bill, dubbed the Social Media Safety Act, was passed by an
Continue Reading By Catherine Thorbecke, CNN Bob Lee, the former chief technology officer of Square who helped launch Cash App, has died after an apparent stabbing attack in San Francisco. Lee’s death was confirmed by Josh Goldbard, the CEO of his current employer, MobileCoin. Lee joined MobileCoin, a cryptocurrency and digital payments startup, in 2021 as its
Continue Reading By Marshall Cohen, CNN Dominion Voting Systems can force Fox Corporation executives Rupert and Lachlan Murdoch to testify on the witness stand at this month’s scheduled defamation trial, a Delaware judge said Wednesday. Delaware Superior Court Judge Eric Davis said at a hearing that if Dominion subpoenas the Murdochs to testify in-person, he would not
Continue Reading By Brian Fung, CNN NPR sharply criticized Twitter on Wednesday after the social media platform, in an apparent violation of its own policies, labeled the radio broadcaster as a “state-affiliated media” organization akin to foreign propaganda outlets such as Russia’s RT and Sputnik. In a statement, NPR CEO John Lansing called the decision to lump
Continue Reading By Jordan Valinsky, CNN Chipotle Mexican Grill is suing rival Sweetgreen for trademark infringement over the latter’s recently released salad bowl. In a lawsuit filed Tuesday, Chipotle said that Sweetgreen’s “Chipotle Chicken Burrito Bowl” is being marketed in a “very similar and directly competitive” manner that is similar to Chipotle’s chicken burrito bowl. Sweetgreen released
Continue Reading By Danielle Wiener-Bronner, CNN A slowing economy may lead to a decline in sales of pricey beef cuts, but don’t look for any bargains just yet. Market forces that have been building for a long time, including devastating droughts, will likely keep hamburger and steak prices steady — and relatively expensive. In part, that’s because
Continue Reading By Danielle Wiener-Bronner, CNN A slowing economy may lead to a decline in sales of pricey beef cuts, but don’t look for any bargains just yet. Market forces that have been building for a long time, including devastating droughts, will likely keep hamburger and steak prices steady — and relatively expensive. In part, that’s because
Continue Reading By Chris Isidore, CNN Cash-starved Bed, Bath & Beyond, which is scrambling to avoid bankruptcy, announced a $120 million lifeline to help it stock near-empty shelves. One reason that the chain’s sales have fallen and losses have mounted is that the company doesn’t have the funds needed to buy inventory in order to stock shelves.
Continue Reading By Brian Fung, CNN Members of a House panel focused on US-China competition are set to meet with leaders from Silicon Valley and Hollywood during a multi-day tour of California beginning today, according to a source close to the committee. The House Select Committee on the Chinese Communist Party plan to meet with top execs
Continue Reading By Brian Fung, CNN Members of a House panel focused on US-China competition are set to meet with leaders from Silicon Valley and Hollywood during a multi-day tour of California beginning today, according to a source close to the committee. The House Select Committee on the Chinese Communist Party plan to meet with top execs
Continue Reading By Brian Fung, CNN After Twitter announced in February it would begin charging third parties to access its platform data, academic researchers warned that the vaguely worded plan could threaten important studies about how misinformation, harassment and other malicious activity spreads online. Now, as Twitter has released more pricing information, many of those same academics
Continue Reading By Krystal Hur, CNN Millions of jobs could be on the chopping block this year, as the Federal Reserve continues its rate-hiking campaign to tame inflation. But the effects of that action likely won’t reverberate evenly across the economy. The Fed has seen some success: Inflation has cooled for eighth consecutive months, according to the
Continue Reading By Peter Valdes-Dapena, CNN Stellantis chief executive Carlos Tavares has said in the past that the company’s electric Ram pickup truck, while being later to the market than trucks from major competitors, would surpass them in range and capability. On Wednesday, the company put some specific numbers behind the CEO’s claims. While final figures have
Continue Reading By Catherine Thorbecke, CNN Bob Lee, the former chief technology officer of Square who helped launch Cash App, has died after an apparent stabbing attack in San Francisco. Lee’s death was confirmed by Josh Goldbard, the CEO of his current employer, MobileCoin. Lee joined MobileCoin, a cryptocurrency and digital payments startup, in 2021 as its
Continue Reading By Samantha Kelly Open up Instagram at any given moment and it probably won’t take long to find crisp pictures of the night sky, a skyline after dark or a dimly lit restaurant. While shots like these used to require advanced cameras, they’re now often possible from the phone you already carry around in your
Continue Reading By Nicole Goodkind, CNN US stocks have been incredibly resilient this year. In the midst of a banking crisis, historically high interest rates, geopolitical turmoil and heightened recession forecasts, the S&P 500 is up nearly 7% year-to-date. But investors should be wary, warn analysts, because the churn under the surface shows noticeable weakness. The rally
Continue Reading By Anna Cooban, CNN Amazon plans to shut down global online book store Book Depository after almost two decades. The UK-based bookseller, bought by Amazon in 2011, announced Wednesday that it would cease operations on April 26, but that customers could still place orders until midday UK time on that day. The company will continue
Continue Reading By Hanna Ziady, CNN Britain’s media and communications regulator Ofcom says it has “significant concerns” that Amazon and Microsoft could be harming competition in the market for cloud services. In a statement Wednesday, Ofcom said it was “proposing to refer” the cloud services market to the Competition and Markets Authority, the UK antitrust regulator, for
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Residents across Boone County and in its cities voted to impose 3% taxes on marijuana sales in their political subdivisions.
Continue Reading By Marshall Cohen and Kate Trafecante, CNN Fox News said in a court filing Tuesday that it plans to put some of its most prominent executives and TV hosts on the witness stand to testify as part of its defense in the Dominion defamation trial. The right-wing network told the judge it “intends to make
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