CNN – Social Media/Technology

CNN By Catherine Thorbecke, CNN Business Instagram on Thursday said it will walk back some of its recent feature changes after facing mounting backlash from users, including members of the Kardashian family. In recent days, Instagram has come under fire from users who are frustrated that the photo-sharing app is becoming too much like rival

CNN By Rishi Iyengar, CNN Business Amazon appears to still be going strong even as other Big Tech companies stumble amid pressure from inflation and an economic downturn. The e-commerce giant on Thursday reported net sales of $121.2 billion for the quarter ended June 30, a 7% increase from the same quarter last year and

By Clare Duffy, CNN Business Facebook is in decline. Meta, Facebook’s parent company, reported revenue of $28.8 billion for the three months ending in June, a 1% drop from the prior-year quarter and its first year-over-year revenue decline since going public in 2012. The company’s profit fell far more sharply. Net income during the quarter

By Clare Duffy, Rachel Metz and Brian Fung, CNN The Federal Trade Commission on Wednesday moved to block Facebook-parent Meta from acquiring virtual reality company Within, offering the clearest signal yet that the agency could take a tougher stance on Silicon Valley deals involving newer technologies. In a complaint filed Wednesday in federal court, the

By Catherine Thorbecke, CNN Business TikTok on Wednesday said it would share more data with certain researchers to study activity on the platform amid renewed scrutiny of the short-form video app’s impact on society and its ties to Beijing. Later this year, the company will provide “selected researchers” with access to its API, or application

By Clare Duffy and Jennifer Korn, CNN Business Tati Bruening was once the textbook example of an Instagram user. Since the pandemic, she has been building her career as a photographer on the platform and attracted hundreds of thousands of followers in the process. But recently, her relationship with Instagram started to change. On Monday,

By Brian Fung, CNN Facebook-parent Meta is weighing whether to relax its policies against Covid-19 misinformation, proposing a shift from removing false claims to simply labeling or demoting them. The social media giant on Tuesday asked its independent Oversight Board for an opinion on whether its tougher pandemic policies are still warranted, citing higher vaccination

By Catherine Thorbecke, CNN Business Shopify will lay off approximately 10% of its global staff after making the “wrong” bet on how long the pandemic-fueled surge in online shopping would continue, the CEO of the Canadian e-commerce company announced Tuesday. The cuts span divisions including recruiting, support and sales, according to CEO Tobi Lutke in

By Ramishah Maruf, CNN Google has fired the engineer who claimed an unreleased AI system had become sentient, the company confirmed, saying he violated employment and data security policies. Blake Lemoine, a software engineer for Google, claimed that a conversation technology called LaMDA had reached a level of consciousness after exchanging thousands of messages with

By Sara Ashley O’Brien, CNN Business In early March, after two ultra-fast delivery startups shut down in New York City in a single week, a self-proclaimed pioneer in the space appeared to see an opportunity for some media attention. Getir, a Turkish startup founded in 2015, had recently raised $768 million in funding valuing it

By Brian Fung, CNN T-Mobile has agreed to pay $350 million to settle multiple class-action suits stemming from a data breach disclosed last year affecting tens of millions of people. In the proposed settlement announced Friday, T-Mobile also agreed to spend an extra $150 million on cybersecurity through the end of 2023. Court documents outlining

By Rachel Metz and Rishi Iyengar, CNN Business This week, two of the most passionate communities online — gamers and cat lovers — collided with the release of a new video game that lets you play as an adorable orange tabby cat. “Stray“, created by indie French game company BlueTwelve Studio and published by Annapurna

CNN By Rachel Metz and Rishi Iyengar, CNN Business This week, two of the most passionate communities online — gamers and cat lovers — collided with the release of a new video game that lets you play as an adorable orange tabby cat. “Stray“, created by indie French game company BlueTwelve Studio and published by

By Clare Duffy, CNN Business Twitter’s battle with Elon Musk is weighing on its business. The company on Friday reported revenue of $1.18 billion for the three months ending in June, a decline of 1% from the prior year. Twitter attributed the sales drop in part to “uncertainty” related to Musk’s pending acquisition, which he

By Laura He, CNN Business One month ago, Li Jiaqi disappeared from the internet. The 30-year-old livestreamer, also known as Austin Li, was — until recently — one of China’s biggest internet celebrities, with 64 million followers on Taobao, an online shopping platform. He once sold 15,000 lipsticks within five minutes in a sales competition