A Facebook partner is spying on its own traumtized content moderators, giving us even more reasons to distrust Mark Zuckerberg’s company. | Source: AFP PHOTO / Brendan Smialowski Facebook released a video last year apologizing for its data misuse that likely swayed the 2016 election. It ends by saying “if this place does what it …
WeWork revealed its IPO prospectus on Wednesday and we found some bizarre facts and figures inside. Source: Shutterstock By CCN Markets: The prospect of a WeWork IPO was met with skepticism after the official S-1 filing to the SEC revealed some extravagant facts and figures about the company and its CEO. Here are 5 interesting …
Facebook’s privacy woes isn’t doing the company any favors. | Source: AP Photo/Marcio Jose Sanchez, File Facebook and Mark Zuckerberg just had their ears boxed by the 9th US circuit Court of Appeals regarding privacy concerns related to Facebook’s facial recognition technology. The decision by the court opens the possibility of a massive Facebook class …
Uber lost a billion dollars in the last quarter, but there is still some decent growth in its business. The problem is Uber won’t make money for a while. | Source: Shutterstock Mega-unicorn Uber reported earnings, or rather losses, on Thursday that demonstrate why hype doesn’t always work in a company’s favor. Let’s hit the headline …
Markets brace for a stable Thursday trading open after a wild ride on Wednesday. | Source: Drew Angerer/Getty Images/AFP Stock market futures point to a stable open on Wall Street after yesterday’s wild session which saw the Dow Jones plunge 600 points before recovering. The volatility subsided overnight as China stabilized the yuan and US …
Elon Musk’s space race with Jeff Bezos is heating up after the Amazon CEO sold $2.8 billion of stock to help fund SpaceX rival Blue Origin. | Source: (i) Jim WATSON / AFP (ii) REUTERS / Joshua Roberts; Edited by CCN It looks like Elon Musk is having a great week. SpaceX’s starship projects appear …
Elon Musk and Tesla ended free supercharging for lower-priced vehicles but now offer it for luxury models in an attempt to juice-up demand. | Source: Shutterstock You have to give Elon Musk a lot of credit. By creating some kind of news every single day about any one of his ventures, he is not only …
The stock market just suffered its most brutal week of the year so far, and Square was not immune to the pressure. Did investors overreact? | Source: Shutterstock The two biggest emotions that fuel the stock market are fear and greed. One will send stocks swooning, while the other can create bubbles. But as Warren …
Facebook & Libra are old news. Walmart’s surprise crypto patent could reshape the industry forever if it ever actually launches. | Source: Shutterstock. Image Edited by CCN. Like as not, you’ve heard the news: Walmart has laid the groundwork to create its own “cryptocurrency.” The move to patent a blockchain-based stablecoin variant generates speculation. Is …
Libra is under attack from a big name in the tech world, again. Mark Cuban, the billionaire owner of the Dallas Mavericks and recurring Shark Tank guest, has already called Facebook’s new digital currency “dangerous” and “a big mistake.” Now he’s doubling down on that prediction, suggesting that it could be even worse than he …