YouTube passes Netflix as top video source for teens
Teenagers in the U.S. say they watch more videos on than , according to from investment bank Piper Sandler. Teens polled by the bank said they spent 29.1% of their daily video consumption time on Google-owned YouTube, beating out Netflix fo...
2023-10-13 15:56:03
Europe gives Zuckerberg 24 hours to respond about Israel-Hamas misinfo
European regulator Thierry Breton shared a to CEO Mark Zuckerberg on Wednesday urging the billionaire to be "vigilant" about removing disinformation on his company's platforms during the ongoing and ahead of upcoming elections. Breton, Euro...
2023-10-13 15:55:57
DOJ sues eBay for ‘rolling coal’ devices; fines could hit $2 billion
could be on the hook for as much as $2 billion in fines for allegedly allowing hundreds of thousands of "rolling coal" pollution devices and other products that violate environmental laws to be sold on its platform. Rolling coal is the prac...
2023-10-13 15:55:52
Caroline Ellison said SBF considered raising money from MBS to repay FTX
Caroline Ellison, who ran Sam Bankman-Fried's crypto hedge fund while also dating the FTX founder, told jurors in her second day of testimony that one way her boss was considering repaying FTX customer accounts was by raising money from Sau...
2023-10-13 15:55:46
IRS says Microsoft owes an additional $29 billion in back taxes
received Notices of Proposed Adjustment from the Internal Revenue Service for an additional tax payment of $28.9 billion, the company said in an . Microsoft said the dispute concerns the company's allocated profits between countries and jur...
2023-10-13 15:55:41
Elon Musk's X responds to EU over 'illegal' Israel-Hamas content
Linda Yaccarino, CEO of X, formerly known as Twitter, on Thursday laid out how the social media platform is tackling potential illegal content related to the Israel-Hamas conflict after one of the European Union's top regulators said it had...
2023-10-13 15:55:35
ChatGPT: New jobs, side hustles reviewing AI are being spawned
Artificial intelligence might be driving concerns over people's job security — but a new wave of jobs are being created that focus solely on reviewing the inputs and outputs of next-generation AI models. Since Nov. 2022, global business l...
2023-10-13 15:55:29
Europe gives TikTok 24 hours to respond Israel-Hamas misinformation
European regulator Thierry Breton shared a to TikTok CEO Shou Zi Chew on Thursday, claiming his office has "indications" that the platform is being used to distribute disinformation and illegal content around the ongoing . Breton serves as...
2023-10-13 15:55:22
Caroline Ellison cross-examination in Bankman-Fried fraud trial
Caroline Ellison, the government's in its fraud case against FTX founder Sam Bankman-Fried, took the stand for cross-examination on Thursday morning as the trial continued in a courthouse in downtown Manhattan. During a day of relatively sl...
2023-10-13 15:55:16
Qualcomm to cut roughly 1,258 jobs in California
is cutting about 1,258 jobs in two of its California offices, according to recent filings with the California Employment Development Department. The company had about 51,000 employees as of , according to its last annual financial filing, s...
2023-10-13 15:55:11
Google opening Visitor Experience cafe, retail store, event space
is opening a sliver of its main campus to the general public starting this week. The company opened its doors to what it's calling its "Visitor Experience" center the public Thursday, following a ceremony where Google executives and local l...
2023-10-13 15:55:05
Flexport is laying off 20% of its workforce
Supply chain software startup Flexport plans to cut approximately 20% of its global workforce as part of a new round of layoffs that's expected to begin on Friday, CNBC has learned. Flexport CEO Ryan Petersen sent a note to staffers Thursda...
2023-10-13 15:55:00
Billboards in Tel Aviv were briefly hacked, display pro-Hamas messages
Cybersecurity threats in Israel are mounting amid the , including two hijacked smart billboards that briefly showed pro-Hamas content, and a cyberattack on a college that published hundreds of thousands of personal records. Hackers in or ne...
2023-10-13 15:54:55
Secret recording of Caroline Ellison meeting exposed in SBF trial
In an all-hands meeting on the evening of Nov. 9, 2022, Alameda Research employees gathered in a circle to listen to CEO , who was sitting on a beanbag. It was 11 p.m. in Hong Kong, and roughly half of the employees — 15 people — at Sam...
2023-10-13 15:54:48
Europe investigating Elon Musk's X about Israel-Hamas misinformation
A European regulator said Thursday that it sent a formal request to X, formerly known as Twitter, to obtain information related to the spread of illegal content and disinformation on the service amid the Israel-Hamas conflict. Thierry Breto...
2023-10-13 15:54:43