Skip to Content
By Brian Fung, CNN Key parts of a Florida law restricting social media platforms’ ability to moderate content likely violate the First Amendment, a federal appeals court ruled Monday, in a victory for the tech industry amid a wider battle over digital speech. The opinion by a three-judge panel in the Eleventh Circuit Court of
Continue ReadingOpinion by Mark Wolfe for CNN Business Perspectives In March, the US Department of Commerce opened an investigation to determine if four countries that supply the US with solar panels — Cambodia, Malaysia, Thailand and Vietnam — have been using components made in China that should be subject to US tariffs. If the Commerce Department
Continue ReadingBy Allison Morrow, CNN Business One of the many buzzwords percolating around Davos this week is “fragmentation,” the force economists there warned could have “devastating human consequences.” By “fragmentation,” they are referring to a breakdown of the kind of free-wheeling, border-crossing trade and investment that’s defined the global economic order over the past three decades.
Continue ReadingBy Rachel Metz, CNN Business Cher Scarlett, a software engineer, has a history of being misidentified by face-scanning technology, including one instance that may have surfaced a distant ancestor in a photo. So when she was introduced to an online facial-recognition tool she hadn’t heard of, she wanted to see whether it would mistake photos
Continue ReadingCNN, KIRO, WCVB By Rachel Metz, CNN Business Cher Scarlett, a software engineer, has a history of being misidentified by face-scanning technology, including one instance that may have surfaced a distant ancestor in a photo. So when she was introduced to an online facial-recognition tool she hadn’t heard of, she wanted to see whether it
Continue ReadingCNN By Rachel Metz, CNN Business Since launching in five US cities in 2007, Google’s Street View cars have been circling the globe, using roof-mounted cameras to map more than 10 million miles of imagery — pictures that have been stitched together to build a visual map of much of the world. Yet while these
Continue ReadingBy Rachel Metz, CNN Business Since launching in five US cities in 2007, Google’s Street View cars have been circling the globe, using roof-mounted cameras to map more than 10 million miles of imagery — pictures that have been stitched together to build a visual map of much of the world. Yet while these cameras
Continue ReadingCNN By Rachel Metz, CNN Business Cher Scarlett, a software engineer, has a history of being misidentified by face-scanning technology, including one instance that may have surfaced a distant ancestor in a photo. So when she was introduced to an online facial-recognition tool she hadn’t heard of, she wanted to see whether it would mistake
Continue ReadingBy Michelle Toh, CNN Business Samsung on Tuesday outlined a plan to pour more than $350 billion into its businesses and create tens of thousands of new jobs over the next five years. Despite an uncertain economic environment exacerbated by long-running supply chain issues and the war in Ukraine, the South Korean conglomerate said that
Continue ReadingCNN, CNNBUSINESS By Michelle Toh, CNN Business Samsung on Tuesday outlined a plan to pour more than $350 billion into its businesses and create tens of thousands of new jobs over the next five years. Despite an uncertain economic environment exacerbated by long-running supply chain issues and the war in Ukraine, the South Korean conglomerate
Continue ReadingBy Reuters Snap Inc said the economy had worsened faster than expected in the last month and the social media company slashed its quarterly forecast, triggering an after-hours sell-off. Since late April, “the macroeconomic environment has deteriorated further and faster than anticipated. As a result, we believe it is likely that we will report revenue
Continue ReadingCNN, CNNBUSINESS By Anna Cooban, CNN Business Brits are bracing for another huge hike in their energy bills, and pressure is mounting on the UK government to impose a windfall tax on big suppliers to offset some of the pain. The head of Ofgem, the United Kingdom’s energy regulator, said on Tuesday that annual bills
Continue ReadingBy Sahar Akbarzai and Michelle Toh, CNN Business Airbnb will shut down its listings in China after two years of lockdowns in the country “with no end in sight,” according to a source familiar with the matter. The home-sharing company made the decision over a decline in business in the world’s second largest economy, and
Continue ReadingBy Rishi Iyengar, CNN Business Some workers at Activision Blizzard have officially unionized, marking the company’s first union and the video game industry’s most high-profile successful organizing effort. A group of quality assurance employees at Raven Software, a gaming studio owned by Activision Blizzard that works on the company’s popular “Call of Duty” game series,
Continue ReadingCNN, CNNBUSINESS By Allison Morrow, CNN Business One of the many buzzwords percolating around Davos this week is “fragmentation,” the force economists there warned could have “devastating human consequences.” By “fragmentation,” they are referring to a breakdown of the kind of free-wheeling, border-crossing trade and investment that’s defined the global economic order over the past
Continue ReadingBy Alicia Wallace, CNN Business Things were looking up for most Americans at the end of last year, with many households reporting their financial situation was better than at any other time since 2013. Nearly 7 out of 10 Americans surveyed by the Federal Reserve said they had the cash or cash equivalents on hand
Continue ReadingBy Jackie Wattles, CNN Business Boeing managed to dock a spacecraft at the International Space Station late last week, but it was not without several minor hangups. The mission kicked off Thursday evening with a Florida launch, and the Starliner — which is designed to carry astronauts but is flying without people for this test
Continue ReadingBy Paul R. La Monica, CNN Business Investors took a break from selling in May and going away, for one day at least. Stocks soared Monday, as positive news about earnings from banking powerhouse JPMorgan Chase and comments from President Joe Biden about the possibility of lifting some US tariffs on China boosted sentiment on
Continue ReadingCNN, CNNBUSINESS By Julia Horowitz, CNN Business The global economy is being brought to the edge of a precipice by crisis upon crisis. As the first World Economic Forum to be held in person since 2020 opened in Davos, Switzerland on Monday, the International Monetary Fund said the economy faces “perhaps its biggest test since
Continue ReadingBy Brian Fung, CNN Business Washington, DC, Attorney General Karl Racine sued Mark Zuckerberg on Monday, accusing the Facebook co-founder of misleading the public on the company’s handling of privacy and personal data in connection with the Cambridge Analytica scandal. The suit, filed in DC superior court, represents Racine’s latest attempt to hold Zuckerberg personally
Continue Reading