Disney shares jump as streaming subscribers reach nearly 174M, theme parks reopen globally
Adjusted for one time items, the House of Mouse earned 80 cents per share, compared to 8 cents a year ago, topping Wall Street's estimate of 55 cents. The company's overall revenue for the third quarter came in at $17.02 billion, compared to $11.78 billion a year ago, beating Wall Street's forecast of $16.76 billion.
Samsung leader Jay Y. Lee released from jail on parole
Samsung Electronics Vice Chairman Jay Y.
Scarlett Johansson lawsuit stirs debate over streaming-era movie compensation
Scarlett Johansson isn’t the only movie star with concerns about how Hollywood’s focus on streaming could affect her pay. She’s just the one that went public.
Elon Musk got $6.7B in 2020, 11 times more than next-highest-paid US CEO
Tesla CEO Elon Musk received almost $6.7 billion in compensation in 2020 — earning the tech entrepreneur over 11 times more than the country’s next highest-paid chief executive, a recent analysis found.
Apple plans to scan iPhone images for child porn, receiving praise and privacy concerns
Apple revealed plans to start scanning iPhone photos for images of child pornography, a move that received praise from child protection groups but raised red flags over privacy and the potential for misuse.
Senators push bipartisan bill to sanction nations involved with ransomware attacks
Top senators on the Senate Intelligence Committee introduced bipartisan legislation Thursday that seeks to sanction any nation involved in ransomware attacks against the U.S.
Elon Musk's Starlink now almost as fast as broadband: report
Elon Musk's Starlink satellite internet service is almost as fast as broadband, according to a recent Ookla report.
Barbie honoring real-life pandemic first responders with medical role model dolls
Barbie is honoring first responders once again with a new line of "medical role model" dolls that are based on women in real life.
Toys for Tots prepares for supply shortage this holiday season
The U.S. Marines Toys for Tots charity program is anticipating higher prices and a smaller supply of toys this holiday season.
Facebook whistleblower turned down $64G severance package that would have bought her silence: report
Former Facebook data scientist turned whistleblower Sophie Zhang, who was fired from the social media giant last year, turned down a $64,000 severance package that would have bought her silence, according to a new report.
Toy makers scramble as shipping snarls threaten to spoil Christmas
Logjams at seaports around the world are leaving some American toy companies scrambling this summer to ensure sufficient supply will reach retail shelves come this year’s holiday shopping season.
Facebook beats on earnings and revenue, but warns growth will slow in second half of the year
Facebook beat analysts' expectations in the second quarter, but issued a warning to investors in announcing the results.
Apple delaying return to office until October or beyond: Tim Cook
Apple CEO Tim Cook says employees of the firm will not be asked to return to the office until at least October.
House Republicans introduce draft bill to strip Big Tech companies of Section 230 protections
Reps. Cathy McMorris Rodgers and Jim Jordan have drafted legislation that would remove Section 230 protections from Big Tech companies and require them to report any content moderation decisions.
Google revenue surges as online advertising market thrives
Google’s parent company flexed its digital dominance, reporting its highest quarter ever for sales and profit behind a gusher of online advertising from businesses vying for customers across reopened economies.
Activision Blizzard CEO sends letter to employees, admits ‘tone deaf’ response to lawsuit
Bobby Kotick, the CEO of Activision Blizzard, sent a letter to employees on Tuesday acknowledging that the company’s initial response to a discrimination lawsuit filed in California was “tone deaf,” and assured his team that steps have already been taken to ensure a “safe and welcoming work environment.”
IBM: Cost of data breaches hit 17-year high
Data breaches cost companies an estimated $4.24 million per incident on average — a 17-year high, according to a Wednesday report from IBM.
Ex-eBay employee sentenced to 18 months for cyberstalking campaign
A former eBay employee has been sentenced to a year and a half behind bars after pleading guilty to taking part in a harassment campaign against a Massachusetts couple along with other former employees of the auction site.
Why workplace vaccine mandates aren’t widespread — yet
Companies are encouraging their workers to get vaccinated as Covid-19 cases climb again, but few are making shots required.
Sen. Ron Johnson demands answers from Biden on administration's work with Big Tech to censor online posts
GOP senators are demanding answers from President Joe Biden regarding his administration's coordination with social media companies to "flag" Americans' social media comments for "misinformation."



















