CNN – Social Media/Technology

By Clare Duffy, CNN Business Twitter has sued billionaire Elon Musk in an effort to force him to follow through with his deal to buy the social media company. The lawsuit, filed in the Delaware Court of Chancery on Tuesday, comes after Musk said in a letter to Twitter’s top lawyer late Friday that he

By Jackie Wattles, CNN Business An explosion on the launch pad during a test of a massive SpaceX rocket prototype was “actually not good” and the company is assessing the damage, company CEO Elon Musk said on Twitter. The rocket, an early version of the vehicle SpaceX is calling Starship, could be seen lighting its

CNN, CNN BUSINESS By Brian Fung, CNN Tech companies and data brokers that misuse or misrepresent how they handle Americans’ personal data, including reproductive health information, may find themselves on the hook with the Federal Trade Commission, the agency warned this week. On Monday, the FTC renewed its vow to investigate or sue companies that

By Brian Fung, CNN Tech companies and data brokers that misuse or misrepresent how they handle Americans’ personal data, including reproductive health information, may find themselves on the hook with the Federal Trade Commission, the agency warned this week. On Monday, the FTC renewed its vow to investigate or sue companies that use Americans’ digital

KSNV, VICTORIA PARTRIDGE, CNN By Brian Fung, CNN Business Hundreds of thousands of leaked Uber documents obtained by The Guardian and shared with a consortium of news outlets show how during its most aggressive period of growth, the ride-hailing company reportedly employed secret technology to thwart police investigations, sought favors from high-ranking government officials and

By Jordan Valinsky, CNN Business Bad news for Twitter could turn out to be good news for former President Donald Trump. Shares of Digital World Acquisition Corp., the special purpose acquisition company that has agreed to merge with Trump Media & Technology Group, surged 15% in premarket trading Monday morning after Elon Musk said he

CNN By Clare Duffy, CNN Business The Securities and Exchange Commission has continued to examine Elon Musk’s investment in and $44 billion deal to buy Twitter. A letter sent by the SEC to Musk on June 2 includes questions about the billionaire’s use of Twitter to discuss the deal, including his tweets about the deal

By Sara Ashley O’Brien, CNN Business In January, Elizabeth Holmes became the rare Silicon Valley founder convicted of fraud stemming from her time as CEO of her failed blood-testing startup, Theranos. On Thursday, her ex-boyfriend and former second-in-command, Ramesh “Sunny” Balwani, was also found guilty of fraud by a separate jury. Their back-to-back trials spanned

By Clare Duffy, CNN Business Twitter is laying off a portion of its recruiting team after previously saying it would pause most hiring. The move comes as Twitter continues to await a pending acquisition by Elon Musk, a process that has been marked by confusion and contention between the social media company and the billionaire

By Jennifer Korn In the wake of the Supreme Court decision to overturn Roe v. Wade, women living in states that criminalize abortion are grappling with the possibility that their phones could now hold incriminating information about their travel, search history and menstrual cycles. With that in mind, some popular services are rethinking the data

CNN By Jennifer Korn, CNN Business For years, the most popular internet browsers have included options to search for and visit websites in “private” modes. Those options may now be viewed as vital tools for some in the wake of Roe v. Wade’s demise, as abortion-seekers look to avoid having their personal data used against

By Clare Duffy, CNN Business Three House lawmakers are launching an investigation into the collection and sale of personal health data related to abortion by data brokers and period-tracking apps. They are seeking information from five data broker companies and five health-tracking app companies about their collection, retention and sale of personal health data, according

By Sara Ashley O’Brien and Rishi Iyengar, CNN Ramesh “Sunny” Balwani, the former COO of failed blood testing startup Theranos and ex-boyfriend of founder Elizabeth Holmes, was found guilty of defrauding investors and patients. Jury deliberations stretched for four full days following a lengthy trial that got underway in March with opening statements. A jury

By Rishi Iyengar, CNN Business For much of the past decade, tech companies have showered their corporate employees with money and lavish perks to attract and retain talent in a hyper-competitive industry. That dynamic only kicked into overdrive the past couple of years amid a pandemic-fueled boom for tech products and services. “The hiring …