CNN – Social Media/Technology

By Jennifer Korn The massive amount of customer withdrawals that led to the collapse of Silicon Valley Bank had all the hallmarks of an old-fashioned bank run, but with a new twist befitting the primary industry the bank served: much of it unfolded online. Customers withdrew $42 billion in a single day last week from

By Jennifer Korn, CNN Late last year, Dan Sinker found himself in a “Groundhog Day” situation. When he would check his notifications tab on Twitter, Sinker, who has tens of thousands of followers, often saw the platform recommend the same weeks-old tweet from another user. As Sinker described the situation in one tweet in early

By Clare Duffy, CNN Facebook-parent Meta is exploring building a new, standalone platform for sharing text updates, the company confirmed to CNN on Friday, in what could mark the most high-profile new contender to take on Twitter as it falters under Elon Musk. “We believe there’s an opportunity for a separate space where creators and

By Clare Duffy, CNN What do you get for the billionaire who has everything? Perhaps his own town. Entities connected to Elon Musk and his companies have reportedly been acquiring thousands of acres of land in Texas with the hope of starting a town where his employees could live and work, according to a report

CNN, SPECTRUM NEWS NY1 By Samantha Murphy Kelly, CNN Business Lithium-ion batteries, found in many popular consumer products, are under scrutiny again following a massive fire this week in New York City thought to be caused by the battery that powered an electric scooter. At least seven people have been injured in a five-alarm fire

By Samantha Murphy Kelly, CNN Business Lithium-ion batteries, found in many popular consumer products, are under scrutiny again following a massive fire this week in New York City thought to be caused by the battery that powered an electric scooter. At least seven people have been injured in a five-alarm fire in the Bronx which

By Brian Fung, CNN US senators said Wednesday that bipartisan support is growing for revising a federal immunity law for tech platforms and websites known as Section 230 of the Communications Decency Act, a warning aimed squarely at large social media platforms. “Here’s a message to Big Tech: Reform is coming,” said Sen. Richard Blumenthal,

CNN, CNN BUSINESS By Sean Lyngaas, CNN The Chinese government could use TikTok to control data on millions of people and harness the short-form video app to shape public opinion should China invade Taiwan, FBI Director Christopher Wray told the Senate Intelligence Committee Wednesday. Wray responded affirmatively to questions from Republican Sen. Marco Rubio of

By Brian Fung, CNN The Federal Trade Commission has acknowledged a wide-ranging investigation into Twitter’s privacy practices after a House subcommittee on Tuesday disclosed a dozen letters from the agency to the company seeking information about its operations under new CEO Elon Musk. The acknowledgment marks a rare public confirmation of a probe linked to

CNN By Jeremy Diamond and Brian Fung, CNN The White House’s endorsement of a bill that would give the Biden administration new powers to restrict or ban TikTok in the United States marks a significant shift in the White House’s approach to the Chinese-owned social media app. It’s also a move that the White House

By Jeremy Diamond and Brian Fung, CNN The White House’s endorsement of a bill that would give the Biden administration new powers to restrict or ban TikTok in the United States marks a significant shift in the White House’s approach to the Chinese-owned social media app. It’s also a move that the White House has

By Chris Lau and Kathleen Magramo, CNN Donning a sassy piece of silk lingerie, a male model grooves to the beat and forms a heart shape with his fingers during a livestreaming session on Douyin, one of China’s most popular video-sharing platforms. His modeling performance is the latest illustration of the kind of entrepreneurial innovation

By Catherine Thorbecke, CNN Elon Musk on Tuesday offered an optimistic picture for how Twitter can improve the advertising business he helped derail and boost its bottom line while also admitting that keeping the social network running is proving to be a challenge after multiple rounds of layoffs. In remarks at a Morgan Stanley Conference,