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Jeff Bezos urged Amazon to flood search results with junk ads, FTC alleges::Amazon’s ads strategy helped pump its profits while steering shoppers to higher-priced goods, the agency alleges.
Meta’s harmful effects on children is one issue that unites Republicans and Democrats::A bipartisan group of 42 attorneys general sued Meta over addictive features aimed at kids and teens.
A recent survey on hiring practices led by hiring software company Greenhouse found "pretty sobering stats" about discrimination in hiring processes.
Many company executives now regret their initial return-to-office plans, as 80% say they would have approached it differently if they understood employee preferences. While some firms are requiring more in-office time, citing collaboration needs, others are scaling back requirements due to retention issues. Successful companies...
Remote work is still ‘frustrating and disorienting’ for bosses, economist says—their No. 1 problem with it::Although some bosses have recognized the benefits of workplace flexibility, many are still hesitant to adopt remote work permanently.
The secret life of Jimmy Zhong, who stole – and lost – more than $3 billion::CNBC obtained never-before-seen body camera footage that shows how investigators linked Jimmy Zhong to the Silk Road hack
Tesla whistleblowers filed a complaint to the SEC in 2021, but the agency never interviewed them — Car company may have violated securities law and flouted accounting standards::Two whistleblowers’ complaint to the SEC about Tesla alleged that Elon Musk’s automaker may have run afoul of securities laws and flouted...
Dropbox handing over 25% of San Francisco HQ back to landlord as commercial real estate softens::San Francisco is seeing its highest office vacancy rate since at least 2007 as Dropbox and other companies allow employees to work from home
Europe gives TikTok CEO 24 hours to respond about Israel-Hamas war misinformation::Europe gives TikTok 24 hours to respond about Israel-Hamas war misinformation, graphic content
China Evergrande Group last traded on the Hong Kong exchange on March 18, 2022 at 1.65 Hong Kong dollars ($0.13) per share, before being suspended on March 21....
Google paid $26 billion in 2021 to become default search engine on browsers and phones::The number is a more granular look into how much Google pays partners, including Apple, to be the default search engine on their products.
Microsoft and Sony sign deal to keep Activision’s Call of Duty on PlayStation::Microsoft and Sony have signed an agreement to keep Activision’s best-selling Call of Duty series available on PlayStation, after the conclusion of the deal.
Meta’s new text-based social app Threads has quickly gained 100 million users since launching last week, which appears to be negatively impacting traffic on Twitter. According to web analytics, Twitter traffic declined 5-11% over the first two days Threads was available compared to the previous week. Threads was able to grow...
FTC and 17 states sue Amazon on antitrust charges::The lawsuit is a major milestone for FTC Chair Lina Khan, who rose to prominence for her 2017 Yale Law Journal note, “Amazon’s Antitrust Paradox.”
Russia’s central bank on Tuesday hiked interest rates by 350 basis points to 12% at an emergency meeting, as Moscow looks to halt a rapid depreciation of the country’s ruble currency....
Nvidia reveals new A.I. chip, says costs of running LLMs will ‘drop significantly’::Currently, Nvidia dominates the market for AI chips, with over 80% market share, according to some estimates.
