By Jennifer Korn ExpressJet Airlines, which calls itself a “reboot” of the company formerly flying as Delta Connection and United Express, filed for Chapter 11 bankruptcy Monday in Delaware and ceased operations, according to the company website. “We regret that a combination of market and economic conditions lead us to take this action,” the company
Continue ReadingBy Catherine Thorbecke, CNN Business Over the years, Facebook has used Instagram to compete with rivals like Snapchat and TikTok by cloning their signature features. Now, a newer, fast-growing service appears to have caught the company’s attention: BeReal. Instagram is testing a feature called “IG Candid Challenges” that appears strikingly similar to the core concept
Continue ReadingBy Clare Duffy, CNN Business Elon Musk’s monthslong effort to buy — and then to get out of buying — Twitter has been marked by a range of unexpected twists. Now, a stunning whistleblower disclosure from the company’s former security lead Peiter Zatko is almost certain to become the latest complication. As part of a
Continue ReadingBy Donie O’Sullivan, Clare Duffy and Brian Fung, CNN Business Video by John General, Zach Wasser and Logan Whiteside, CNN Business Portraits by Sarah Silbiger for CNN Twitter has major security problems that pose a threat to its own users’ personal information, to company shareholders, to national security, and to democracy, according to an explosive
Continue ReadingCNN, CNN BUSINESS By Rachel Metz, CNN Business Elon Musk has been saying for months that he wants to stamp out spam and fake accounts on Twitter, but a subtle change he’s planning to make to the platform could complicate that goal. In a tweet this week, Musk said Twitter will stop showing notations such
Continue ReadingCNN By Sean Lyngaas, CNN Business Nearly 25 years ago, a young computer programmer named Peiter “Mudge” Zatko told Congress that the internet was woefully insecure. A big part of the issue, Zatko told a Senate panel, was that software and e-commerce companies “want to ignore problems as long as possible. It’s cheaper for them.”
Continue ReadingBy Catherine Thorbecke, CNN Business Elon Musk has subpoenaed former Twitter CEO Jack Dorsey as part of his effort to fight a lawsuit from the company attempting to force the billionaire to move forward with their $44 billion acquisition deal. With the subpoena, made public in court filings on Monday, Musk’s legal team seeks a
Continue ReadingBy Catherine Thorbecke, CNN Business Twitter is warning employees that their bonuses might be half of what was originally expected at the start of the year, in the latest sign of belt tightening at the company amid uncertainty with its pending acquisition and a souring economy. Twitter confirmed to CNN Business that its bonus pool
Continue ReadingBy Rob McLean, CNN Business Meta exec Sheryl Sandberg tied the knot with businessman Tom Bernthal over the weekend. Sandberg — who announced in June that she would leave her role as chief operating officer of Facebook’s parent company in the fall — posted “MARRIED,” followed by several heart emojis on her Facebook and Instagram
Continue ReadingBy Clare Duffy, CNN Business After losing her construction job early in the pandemic, Kaitlin Tokar decided to try selling some of her vintage furniture and housewares collection on Instagram. “It took off way faster than I expected,” she said. Her account, Midnight Tokar Vintage, has racked up nearly 6,000 followers since launching in September
Continue ReadingBy Nicole Goodkind, CNN Business Dan Price was the poster child for resisting corporate greed, making headlines in 2015 for setting a minimum $70,000 salary for all employees at the payments company he led — saying he cut his own salary as CEO by 90% to achieve it. On Wednesday, amid allegations of misconduct and
Continue ReadingBy Brian Fung, CNN Business Meta has permanently removed Facebook and Instagram accounts belonging to Children’s Health Defense, the anti-vaccine group led by Robert F. Kennedy, Jr., Meta confirmed to CNN on Friday. The accounts each had hundreds of thousands of followers, CHD said on its website, where it posted screenshots of messages it said
Continue ReadingCNN By Rishi Iyengar, CNN Business Apple is directing users of most of its devices to update their software after the company discovered a vulnerability in its operating systems that it says “may have been actively exploited.” In security updates posted online on Wednesday and Thursday, Apple said the vulnerability affects iPhones dating back to
Continue ReadingBy Rishi Iyengar, CNN Business Apple is directing users of most of its devices to update their software after the company discovered a vulnerability in its operating systems that it says “may have been actively exploited.” In security updates posted online on Wednesday and Thursday, Apple said the vulnerability affects iPhones dating back to the
Continue ReadingBy Brian Fung, CNN Business No sentence in the English language may be more infuriating than the following 12 words: “We have been trying to reach you about your car’s extended warranty.” If you’ve picked up the phone in response to an unknown caller anytime in the last several years, chances are you’ve encountered this
Continue ReadingCNN By Brian Fung, CNN Business No sentence in the English language may be more infuriating than the following 12 words: “We have been trying to reach you about your car’s extended warranty.” If you’ve picked up the phone in response to an unknown caller anytime in the last several years, chances are you’ve encountered
Continue ReadingCNN By Jennifer Korn, CNN Business Hundreds of workers at Google-parent Alphabet are calling on the company to take steps to expand abortion protections for users and contractors in a post-Roe world, according to a statement Thursday from a union representing the workers. In the petition, which was signed by more than 650 workers at
Continue ReadingBy Jennifer Korn, CNN Business Hundreds of workers at Google-parent Alphabet are calling on the company to take steps to expand abortion protections for users and contractors in a post-Roe world, according to a statement Thursday from a union representing the workers. In the petition, which was signed by more than 650 workers at the
Continue ReadingBy Brian Fung, CNN Amazon is fighting the US government’s attempt to question its founder, Jeff Bezos, and its CEO, Andy Jassy, as part of a year-long investigation into whether the e-commerce giant has illegally pushed Amazon Prime and other subscription services onto consumers. In a filing to the Federal Trade Commission dated August 5
Continue ReadingCNN By Jackie Wattles, CNN Business A spacewalk was cut short just a few hours into what was intended to be a nearly seven-hour spacewalk after a Russian cosmonaut was repeatedly ordered to drop what he was working on and return to the International Space Station’s airlock because of an issue with his spacesuit. NASA
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