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CNN Opinion by Kara Alaimo (CNN) — On Wednesday, the chief executives of Meta, TikTok, X, Snap and Discord testified before the Senate about what they’re doing to protect kids from harm online. While Meta’s Mark Zuckerberg and TikTok’s Shou Chew appeared voluntarily, Democratic Sen. Dick Durbin of Illinois chastised Snap’s Evan Spiegel, X’s Linda Yaccarino and Discord’s Jason Citron for

CNN By Brian Fung and Clare Duffy, CNN Washington (CNN) — A group of social media bigwigs was grilled by Congress on Wednesday about the risks their products pose to young people. The chief executives of Meta, TikTok, Snap, Discord and X, formerly known as Twitter, testified before the Senate Judiciary Committee earlier Wednesday. The

Analysis by David Goldman, CNN New York (CNN) — Editor’s Note: This story includes graphic descriptions some readers may find disturbing. A disturbing video of a man holding what he claimed was his father’s decapitated head circulated for hours on YouTube. It was viewed more than 5,000 times before it was taken down. The incident

By Elisabeth Buchwald, CNN New York (CNN) — Federal Reserve officials have said countless times they take a “data-dependent approach” to their policy decisions, including their current conundrum of when to slash interest rates. But what if the data isn’t as dependable as it once was? That’s what appears to be happening — and it’s

By Hanna Ziady, CNN London (CNN) — New border controls on some of Britain’s food imports from the European Union came into force Wednesday for the first time since Brexit, increasing red tape for businesses and threatening to drive up prices for consumers. Meat, eggs, fish and dairy are among a raft of fresh produce

By Chris Isidore, Pete Muntean and Gregory Wallace, CNN New York (CNN) — Boeing CEO Dave Calhoun said that Boeing is responsible for the incident of door plug blowing out of a 737 Max 9 in flight earlier this month, saying that Boeing must do a better job than it did in this instance. “We

By Anna Cooban, CNN London (CNN) — Universal Music Group has threatened to pull its music off TikTok in a dispute over royalties, a move that would prevent more than 1 billion users of the platform from streaming a vast catalog of songs by Taylor Swift, Ariana Grande, Rihanna and other artists. On Tuesday, Universal

By Olesya Dmitracova, CNN London (CNN) — Helena Helmersson stepped down Wednesday as chief executive of H&M, bringing an abrupt end to her four-year tenure and triggering a surprise change in leadership at one of the world’s largest fashion retailers. “I am very proud of what we together have achieved during the last years when

By Michelle Toh, CNN Hong Kong (CNN) — Samsung posted its fourth straight quarter of slumping profits on Wednesday, capping off a dismal year that also saw it lose its crown as the world’s top smartphone maker. The South Korean tech giant posted a 35% drop in profit on Wednesday, in a sign of how

By Matt Egan and David Goldman, CNN (CNN) — Baltimore Orioles owner Peter Angelos and family have agreed to sell the baseball team they have owned for more than 30 years to a group led by billionaire David Rubenstein, according to a person familiar with the deal. The price tag: $1.725 billion. That’s almost exactly

By Elisabeth Buchwald, CNN New York (CNN) — Walmart is rolling back the prices for investors, too. That’s because mega retailer is issuing a 3-for-1 stock split, the company announced on Tuesday. A stock split means a single share gets split into multiple shares. Under the plan Walmart announced, people who own shares by close

By Chris Isidore, CNN New York (CNN) — A Delaware state court judge has thrown out the 2018 pay package that helped to make Tesla CEO Elon Musk one of the richest people in the world. Delaware Chancery Court Chancellor Kathaleen McCormick, who oversaw the bench trial that concluded in November 2022, ruled Tuesday that Musk

By Anna Bahney, CNN Washington, DC (CNN) — Half of renters in the United States have found themselves paying more than they can afford, following years of surging rents. But an increase in the construction of multiple-unit buildings has boosted the supply of apartments, which is slowly beginning to rein in runaway rents. Nationally, rents

By Bryan Mena, CNN Washington, DC (CNN) — The Federal Reserve held interest rates steady Wednesday for the fourth-straight meeting, keeping its benchmark lending rate at a 23-year high, as Wall Street eagerly awaits rate cuts sometime this year. The central bank has raised rates 11 times since March 2022 in a bid to combat the fastest inflation in decades. Price hikes have

By Ramishah Maruf, CNN New York (CNN) — PayPal is cutting about 9% of its workforce, the company said Tuesday. The layoffs join the long list of tech companies that have trimmed staff, from Amazon to eBay, in just the first month of the new year. CEO Alex Chriss cited the need to push forward

By Matt Egan, CNN New York (CNN) — Hedge fund billionaire Ken Griffin, who has donated more than $500 million to Harvard University over the years, has halted contributions to his alma mater and claimed elite schools produce “whiny snowflakes.” Griffin, one of the richest people in the world, joins a growing list of donors

By Jennifer Korn, CNN (CNN) — IBM has given managers an ultimatum: Come into the office or leave. The technology firm is pushing for an end to remote work, telling US-based managers to immediately report in-person or exit their role, according to an internal January 16th memo from senior vice president John Granger. Executives and

CNN Opinion by Laurie Segall (CNN) — Sexually explicit AI-generated photos of pop superstar Taylor Swift have flooded the internet, and we don’t need to calm down. Swift may be one of the most famous women in the world, but she represents every woman and every girl when it comes to what’s at stake in the future of artificial

By Matt Egan, CNN New York (CNN) — New York Attorney General Letitia James filed a lawsuit against Citibank on Tuesday, alleging the big bank failed to do enough to protect and reimburse victims of fraud. The lawsuit argues that New York customers lost millions of dollars — in some cases their entire lifesavings —