Alex Barinka Bloomberg
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TikTok Ban Looms as President Biden Signs Law With 270-Day Sale Deadline
For TikTok, the clock has started running in its existential fight to avoid a US ban. Legislation requiring the social media app’s Chinese owners to divest sailed through Congress, capped by Senate passage late Tuesday as part of a larger foreign-aid package. President Joe Biden signed into law Wednesday, beginning a 270-day countdown for a sale ...
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Mark Zuckerberg Becomes 4th Richest After Wealth Soars By $28.1 Billion
The Facebook co-founder's net worth surged by $28.1 billion after Meta's quarterly results far exceeded Wall Street's expectations, sending its shares up about 20%.
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Mark Zuckerberg To Get $700 Million A Year From Meta's New Dividend
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg stands to receive a payout of about $700 million a year from the social media giant's first-ever dividend for investors.
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TikTok CEO Challenged By Tech Leaders On Pro-Palestine Videos
TikTok Chief Executive Officer Shou Chew and other top executives met recently with 40 influential leaders, including many from the tech industry, who were pushing for more moderation of antisemitic content.
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Why Threads, Meta's Twitter Killer, Needs A Desktop Version
On Threads, Meta Platforms Inc's Twitter copycat, users have been asking for weeks for a version that works on their computers. Soon, the company is expected to fulfill the wish.
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TikTok's Livestreamed Marketplace Emerges as Threat to Amazon, Expected to Hit $20 Billion in Value
TikTok Shop is a livestreamed marketplace within TikTok, and a gold rush for entrepreneurs seeking fortunes on the world’s most popular short-video app. For the company, best known for viral dance challenges and owned by China’s ByteDance, TikTok Shop is its fastest-growing feature with a burgeoning fan base in Southeast Asia.
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Meta's 'Efficiency' Layoffs Left Staff In Limbo, "Anxious And Demotivated"
Meta Job Cuts: Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company's business departments.
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Instagram Crosses 2 Billion Monthly Active Users, Over 2 Billion Using WhatsApp Daily, Meta Says
Instagram has crossed the 2 billion monthly active users mark, the company announced on Wednesday. The company's Facebook service has 2.96 billion users while more than 2 billion people now use WhatsApp. Meta’s total monthly users for its family of apps number 3.71 billion worldwide, according to the company.
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Inside A Meta Virtual Reality Meeting: Floating, Legless Avatars Of You
Meta hosted a developer conference on its virtual reality Horizon Worlds app, which it said will soon be stuffed with corporate productivity offerings from Microsoft, Adobe, Accenture and Zoom.
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Uber Said to Be in Talks to Buy Dubai-Based Rival Careem
Negotiations are ongoing and Careem's management is working to convince the firm's shareholders of the merits of a deal, the people said.
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Andy Rubin's Essential Products Is Said to Consider Sale
Essential Products, a startup co-founded by Android creator Andy Rubin that launched last year to great fanfare, is said to be considering a sale.
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Dropbox Said to File Confidentially for US IPO
A share sale by San Francisco-based Dropbox would follow Snap's disappointing step into the public markets.
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Snapchat Said to Prepare Documents for IPO as Soon as March
Snap's listing depends on factors including equity market volatility, the health of the Chinese economy and the outcome of the U.S. presidential election.
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TikTok Ban Looms as President Biden Signs Law With 270-Day Sale Deadline
For TikTok, the clock has started running in its existential fight to avoid a US ban. Legislation requiring the social media app’s Chinese owners to divest sailed through Congress, capped by Senate passage late Tuesday as part of a larger foreign-aid package. President Joe Biden signed into law Wednesday, beginning a 270-day countdown for a sale ...
-
Mark Zuckerberg Becomes 4th Richest After Wealth Soars By $28.1 Billion
The Facebook co-founder's net worth surged by $28.1 billion after Meta's quarterly results far exceeded Wall Street's expectations, sending its shares up about 20%.
-
Mark Zuckerberg To Get $700 Million A Year From Meta's New Dividend
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg stands to receive a payout of about $700 million a year from the social media giant's first-ever dividend for investors.
-
TikTok CEO Challenged By Tech Leaders On Pro-Palestine Videos
TikTok Chief Executive Officer Shou Chew and other top executives met recently with 40 influential leaders, including many from the tech industry, who were pushing for more moderation of antisemitic content.
-
Why Threads, Meta's Twitter Killer, Needs A Desktop Version
On Threads, Meta Platforms Inc's Twitter copycat, users have been asking for weeks for a version that works on their computers. Soon, the company is expected to fulfill the wish.
-
TikTok's Livestreamed Marketplace Emerges as Threat to Amazon, Expected to Hit $20 Billion in Value
TikTok Shop is a livestreamed marketplace within TikTok, and a gold rush for entrepreneurs seeking fortunes on the world’s most popular short-video app. For the company, best known for viral dance challenges and owned by China’s ByteDance, TikTok Shop is its fastest-growing feature with a burgeoning fan base in Southeast Asia.
-
Meta's 'Efficiency' Layoffs Left Staff In Limbo, "Anxious And Demotivated"
Meta Job Cuts: Meta Platforms Inc. employees received news Wednesday of the final round of previously announced job cuts, which affected thousands of workers in the company's business departments.
-
Instagram Crosses 2 Billion Monthly Active Users, Over 2 Billion Using WhatsApp Daily, Meta Says
Instagram has crossed the 2 billion monthly active users mark, the company announced on Wednesday. The company's Facebook service has 2.96 billion users while more than 2 billion people now use WhatsApp. Meta’s total monthly users for its family of apps number 3.71 billion worldwide, according to the company.
-
Inside A Meta Virtual Reality Meeting: Floating, Legless Avatars Of You
Meta hosted a developer conference on its virtual reality Horizon Worlds app, which it said will soon be stuffed with corporate productivity offerings from Microsoft, Adobe, Accenture and Zoom.
-
Uber Said to Be in Talks to Buy Dubai-Based Rival Careem
Negotiations are ongoing and Careem's management is working to convince the firm's shareholders of the merits of a deal, the people said.
-
Andy Rubin's Essential Products Is Said to Consider Sale
Essential Products, a startup co-founded by Android creator Andy Rubin that launched last year to great fanfare, is said to be considering a sale.
-
Dropbox Said to File Confidentially for US IPO
A share sale by San Francisco-based Dropbox would follow Snap's disappointing step into the public markets.
-
Snapchat Said to Prepare Documents for IPO as Soon as March
Snap's listing depends on factors including equity market volatility, the health of the Chinese economy and the outcome of the U.S. presidential election.
