Best Buy cuts store jobs to help boost profits
The largest consumer electronics chain is reportedly cutting hundreds of jobs in home-entertainment as online shopper grows.
Facebook falling in popularity among teens, survey says
According to a new report from the Pew Research Center, the popularity of social media giant Facebook has fallen among teens, while TikTok's has skyrocketed.
Twitter announces strategy to combat election misinformation
Twitter pledged that it would continue to fight election misinformation ahead of the 2022 midterms, enforcing its Civic Integrity Policy and other practices.
Who is Serena Williams' husband? How Reddit co-founder Alexis Ohanian met the tennis star
Alexis Ohanian is the co-founder of Reddit and husband to professional tennis star Serena Williams who recently announced her retirement.
Nasdaq enters bull market, exits worst bear market since 2008
The beaten-down stock averages are dusting themselves off with the Nasdaq Composite entering a fresh bull market, while the Dow Jones Industrial Average exited its recent correction.
Paris Hilton partners with The Sandbox Metaverse on virtual parties, social spaces and more
Paris Hilton and The Sandbox have created a virtual gathering space where fans can socialize and purchase digital merchandise online in the metaverse.
China voices opposition to new $52 billion US CHIPS and Science Act
China put out a statement Wednesday that the U.S. is threatening the Chinese economy with the CHIPS and Science Act, which promises $52 billion in grants to U.S. semiconductor producers.
Snapchat introduces first parental controls, allowing parents see who their teens are messaging
Snapchat released a new parental control tool in its app called Family Center that gives parents a way to monitor who their kids are communicating with.
Blockchain bridges fall under fire after suffering multiple hacks recently
After suffering multiple major hacks recently, blockchain bridges, which enable coins to move between different ecosystems, have come under heavy scrutiny.
Jake Paul jumps into ‘TikTok-ification’ of sports betting with new platform ‘Betr’
Betr founder and president Jake Paul and CEO Joey Levy discuss their new micro-betting sportsbook which looks to combine real-time plays with social media engagement.
Micron to invest $40 billion in US memory manufacturing through end of decade
Micron's $40 billion investment is possible with the help of the CHIPS and Science Act, which includes $52.7 billion for American semiconductor financing.
Pfizer enlists children and adults for Lyme disease vaccine in a late stage clinical trial
On Monday, Pfizer and Valneva announced they will enlist 6,000 participants for a late-stage clinical trial of a Lyme disease vaccine.
Snap reportedly planning employee layoffs
Social media company Snap Inc. is in the process of planning employee layoffs, according to a new report. The company declined to comment on the matter.
Twitter subpoenas Oracle co-founder in lawsuit to force Elon Musk's $44 billion purchase: report
Oracle co-founder Larry Ellison was subpoenaed by Twitter as the company attempts to force Elon Musk to follow through with his $44 billion purchase.
Qualcomm and GlobalFoundries sign agreement to double chip manufacturing
Qualcomm and GlobalFoundries signed an agreement this week to more than double their chip manufacturing as the U.S. Senate approves $52 billion in chip manufacturing subsidies.
SoftBank reports record $23B quarterly loss as tech downturn hits
SoftBank's record quarterly loss reflects the fall in technology shares around the world, sparked by interest rate increases and China's crackdown on tech firms.
Trump's social media platform Truth Social, buyer need extension to complete merger
Digital World Acquisition Corp. announced Friday a special shareholder meeting to approve an extension to the cut-off date to complete its merger with Truth Social.
Former Twitter CEO Jack Dorsey responds to China's draconian COVID policies: 'End the CCP'
Jack Dorsey responded to a news segment on the Chinese government's approach to COVID-19 restrictions, saying on Twitter: “End the CCP."
New-age space rules up for revision, FCC says
With orbital debris packing the near-Earth space environment, the Federal Communications Commission voted to revise space rules that were "built for another era."
Walmart, Oracle, Robinhood lead job cuts this week
A number of layoffs were announced this week, led by Walmart, Oracle and Robinhood as inflation takes a toll despite a stronger-than-expected jobs report.