CNN – Social Media/Technology

By Sara Ashley O’Brien, CNN Business Ridehail company Lyft on Thursday released its first ever safety report, disclosing that it received 4,158 reports of sexual assault on its platform in 2017, 2018, and 2019. The disclosure comes more than three years after Lyft and its rival Uber first pledged to release safety reports disclosing incidents

By Rishi Iyengar, CNN Business Snapchat’s parent company crossed $1 billion in quarterly revenue for the first time ever, but worse-than-expected earnings and a forecast of more headwinds to come led its stock to crash on Thursday. Shares of Snap, which owns the popular photo and video app, plunged as much as 25% in after-hours

Story by Sara Ashley O’Brien, CNN Business Video by Sean Clark, Frank Fenimore & Matt Gannon, CNN Business When Amazon opened a sprawling warehouse in her community in March 2020, Jennifer Bates never guessed she’d find herself testifying before members of Congress one year later about the “grueling” conditions she experienced working inside it. Bates,

By Hanna Ziady, CNN Business Facebook failed to provide crucial details about its “Cross-Check” program that reportedly shielded millions of VIP users from the social media platform’s normal content moderation rules, according to the company’s oversight board. The tech giant “has not been fully forthcoming on Cross-Check,” the oversight board said in a report published

By Donie O’Sullivan, CNN Business Sen. Richard Blumenthal wrote to Mark Zuckerberg Wednesday, calling on the Facebook CEO or the head of Instagram to testify on the platform’s harms on children. Citing internal company documents leaked by Facebook whistleblower Frances Haugen, Blumenthal wrote that Facebook “appears to have concealed vital information from us about teen

By Samantha Murphy Kelly, CNN Business Smartphone design hasn’t varied much in years and customers are typically beholden to whatever decisions manufacturers make. But during a virtual press event on Wednesday, Samsung aimed to change that with a concept that makes users part of the design process. The company showed off a made-to-order version of

By Rishi Iyengar, CNN Business Pinterest’s stock surged on Wednesday following a report that digital payments company PayPal is looking to potentially buy the bookmarking website. PayPal is exploring an acquisition that would value Pinterest at around $39 billion, Bloomberg first reported, citing people with knowledge of the matter. Reuters and the Wall Street Journal

Walé Azeez, CNN Business The UK competition regulator has slapped Facebook with a $70 million fine for repeatedly ignoring warnings and deliberately breaking its rules. The Competition and Markets Authority (CMA) said in a statement Wednesday that Facebook had “consciously” refused to report all the required information during an investigation of the tech giant’s acquisition

By Charles Riley, CNN Business Facebook is planning to rebrand itself with a new name focused on the metaverse, the Verge reported on Tuesday, as the tech giant comes under fire from regulators around the world over its business practices. The company plans to announce the new name next week, the Verge reported, citing a

By Jackie Wattles, CNN Business Boeing’s long-awaited spacecraft, called Starliner, is still facing a long road ahead before it’ll be ready to fly astronauts, the company said on Tuesday. It is still working to address an issue with the vehicle’s propulsion system that was discovered just hours before it was slated to launch a crucial

By Kristin Fisher and Jackie Wattles, CNN Mark “Forger” Stucky, who for six years headed the test pilot program at space company Virgin Galactic before he says he was fired earlier this year, is taking a job with the company’s chief competitor, Blue Origin. Stucky said he will join Blue Origin’s “Advanced Development Programs” team,

By Samantha Murphy Kelly, CNN Business Almost immediately after Apple unveiled its new AirPods product in 2016, the memes began. There were photoshopped pictures of electric toothbrushes dangling from ears and jokes about the wireless earbuds resembling miniature hair dryers, oversized plastic earrings and Snoopy. But over the years, AirPods have emerged as a surprise

By Samantha Murphy Kelly, CNN Business Google’s Pixel smartphones are taking a big step toward becoming a true Apple iPhone and Samsung Galaxy competitor. At a virtual press conference on Tuesday, the company showed off the new 6.4-inch Pixel 6 and 6.7-inch Pixel 6 Pro, which run on Android 12, Google’s most significant software update

By Clare Duffy, CNN Business Years before Microsoft’s board investigated a romantic relationship that founder Bill Gates had with an employee, Gates was told by fellow executives to stop inappropriately emailing with a different employee, Microsoft confirmed on Monday. In 2008, when Gates was still a Microsoft employee and chairman of the board, executives discovered

By Sara O’Brien, CNN Business To many people a decade or so ago, Elizabeth Holmes was the founder of high-flying blood-testing startup Theranos. To Daniel Edlin, she was the sister of his Duke University college buddy, Christian. Edlin met Holmes through Christian and later joined Holmes’ brother working for Theranos as a senior product manager