TikTok CEO Shou Zi Chew Promises Firewall to Shield User Data
PoliticsIn prepared remarks to Congress, CEO will say that TikTok ‘will not be manipulated by any government’ Source link
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Amazon to Cut 9,000 More Jobs After Earlier Layoffs
CEO Andy Jassy cited an ‘uncertain economy’ and more uncertainty in the near future. Source link
Facebook Parent Meta Plans 10,000 Job Cuts in New Round of Layoffs
TechCEO Mark Zuckerberg, in email to employees, talks about the advantages of a leaner organization Source link
WSJ News Exclusive | Amazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact
The online retailer has notified the EV maker that it wants to buy about 10,000 vans this year, which is...
WSJ News Exclusive | Meta Plans New Layoffs That Could Match Last Year’s in Scope
Facebook’s parent is planning additional job cuts in multiple rounds over the coming months that in total would be roughly...
WSJ News Exclusive | Baidu Scrambles to Ready China’s First ChatGPT Equivalent Ahead of Launch
Employees working round-the-clock say the AI chatbot, dubbed Ernie Bot, is still in training mode ahead of a planned March...
This Department-Store Stock Has Trounced Apple, Amazon and Tesla
Family-controlled Dillard’s has combined share buybacks with keeping costs down, inventory tight and staff engaged with “nearly fanatical” customers. Source...
Amazon HQ2 Delay Isn’t a Concern, Northern Virginia Officials Say
The company said it is holding off on moving forward with the second phase of its corporate campus in Northern...
Elon Musk’s Latest Reveal? His Tesla Management Team
BusinessAutos & TransportationAutos IndustryBilled as a glimpse into Tesla’s future, Investor Day was used as an opportunity to spotlight leadership...
Amazon Pausing Construction of Washington, D.C.-Area Second Headquarters
A first phase of the project with two office towers is nearly complete. Source link
Former Facebook Execs Launch Startup, Adding to Efforts to Improve Ad Measurement
Two former executives of Facebook parent Meta Platforms Inc. are seeking to solve one of the social-media industry’s biggest challenges...
Supreme Court Hears Arguments on Whether Twitter Is Liable in Terror Case
TechCase was brought by family members of man killed in Islamic State attack Source link
Facebook Parent Launching ‘Meta Verified’ Subscription Service
Meta Platforms plans to test “Meta Verified,” starting at $11.99 a month, in Australia and New Zealand. Source link
Twitter to Limit Two-Factor Authentication by Text to Paid Subscribers
TechThe social-media platform has been looking for ways to boost its revenue Source link
Microsoft Defends New Bing, Says AI Chatbot Upgrade Is Work in Progress
The company responded to reports of glitches and disturbing responses from the new search engine. Source link
Paramount to Raise Paramount+ Prices as It Combines With Showtime
Paramount+ gained 9.9 million subscribers in the fourth quarter, boosting its customer base to nearly 56 million. Source link
TikTok’s Secret Sauce Poses Challenge for U.S. Oversight, Researchers Say
U.S.Concerns mount over TikTok’s plan to address potential Chinese influence over what videos Americans see Source link
WSJ News Exclusive | Meta Pursues Teen Users as Horizon Metaverse App Struggles to Grow
The Facebook parent’s updated strategy for the fledgling app includes opening it up to teens aged 13 to 17. Source...
Twitter Hasn’t Paid Bill, M&A Advisory Firm Says
BusinessInnisfree M&A sues Twitter for $1.9 million Source link
Exxon Vaults to Record Annual Profit of $55.7 Billion
BusinessEarningsOnly Apple and Microsoft so far have surpassed Exxon’s fiscal 2022 profit as the oil giant capitalized on high commodity...
