CNN – Social Media/Technology

By Rachel Metz, CNN Business On Monday, the Internal Revenue Service halted a plan that would have forced taxpayers to verify their identities with facial recognition software before signing on to its website. A day later, the company behind that software, ID.me, said it will make it possible for people to skip the controversial technology

CNN By Jackie Wattles, CNN Business Four years ago this week, the most powerful operational rocket in the world, SpaceX’s Falcon Heavy, made its inaugural launch from Florida and tore into outer space carrying nothing other than Elon Musk’s personal Tesla roadster. The cherry red sports car — which is occupied by a spacesuit-clad mannequin

By Jackie Wattles, CNN Business Four years ago this week, the most powerful operational rocket in the world, SpaceX’s Falcon Heavy, made its inaugural launch from Florida and tore into outer space carrying nothing other than Elon Musk’s personal Tesla roadster. The cherry red sports car — which is occupied by a spacesuit-clad mannequin nicknamed

By Matt McFarland, CNN Business Cruise, the self-driving subsidiary of General Motors, started offering robotaxi rides this week in San Francisco. Anyone can sign up for the chance to be selected to get a ride in a self-driving car, provided they don’t mind staying up late. Cruise’s robotaxis are generally only operating from 11 p.m.

CNN By Michelle Toh, CNN Business SoftBank’s record-breaking sale of a prized chip designer to Nvidia has officially been called off. At an initial value of $40 billion, the US chipmaker’s acquisition of British design firm ARM would have been the largest semiconductor deal on record. But regulators around the world have long raised concerns

By Michelle Toh, CNN Business SoftBank’s record-breaking sale of a prized chip designer to Nvidia has officially been called off. At an initial value of $40 billion, the US chipmaker’s acquisition of British design firm ARM would have been the largest semiconductor deal on record. But regulators around the world have long raised concerns about

CNN By Michelle Toh, CNN Business SoftBank’s record-breaking sale of a prized chip designer to Nvidia has officially been called off. At an initial value of $40 billion, the US chipmaker’s acquisition of British design firm ARM would have been the largest semiconductor deal on record. But regulators around the world have long raised concerns

CNN By Michelle Toh, CNN Business SoftBank’s record-breaking sale of a prized chip designer to Nvidia has officially been called off. At an initial value of $40 billion, the US chipmaker’s acquisition of British design firm ARM would have been the largest semiconductor deal on record. But regulators around the world have long raised concerns

By Clare Duffy, CNN Business Peter Thiel, one of Facebook’s longest-serving and most controversial board members, plans to step down from the company’s board later this year, the company said Monday. Thiel, an early investor in Facebook, has served on the board of the company, now known as Meta, since 2005, one year after the

By Rachel Metz, CNN Business The Internal Revenue Service is halting a plan that would have required taxpayers to verify their identities with facial recognition software before signing on to its website following backlash from lawmakers and privacy groups. The IRS said in a statement Monday that it will “transition away from using a third-party

By Brian Fung, CNN Business Amazon is dramatically increasing salary caps for its US-based technology and corporate workforce, in a nod to how the pandemic has exacerbated an already fierce competition for talent nationwide. The e-commerce and cloud computing giant announced in an internal blog post Monday that the company’s maximum base pay in the

By Rachel Metz, CNN Business Meta, the parent company of Facebook, has a new feature aimed at cutting down on harassment and assault in virtual reality: It will give avatars in its Horizon Worlds social app and Horizon Venues events app an invisible “personal boundary” of four feet to stop others from getting too close.

By Sean Lyngaas News Corp suffered a “persistent cyberattack,” the company said Friday, and investigators believe Chinese spies may be responsible. Dozens of journalists at the News Corp-owned Wall Street Journal were targeted in the hack, which appeared to focus on reporters and editors covering China-related issues, two people familiar with the matter told CNN.

By Sara Ashley O’Brien, CNN Business Last year, an improbable organizing effort among Amazon warehouse workers in a central Alabama suburb led to a high-profile push to create what would have been the first US union in Amazon’s history. While the vote indicated the union push had failed, the results were thrown out. Now workers

By Hannah Ritchie and Jill Disis, CNN Business Billionaire mining magnate Andrew Forrest is taking legal action against Facebook in Australia after he claims the company failed to remove scam advertisements that used his image. Facebook was “criminally reckless” because it did not take “sufficient steps to stop criminals from using its social media platform