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    AP Photo/Evan Vucci, File Fight disinformation. Get a daily recap of the facts that matter. Sign up for the free Mother Jones newsletter.Donald Trump announced Wednesday night that he is launching a conservative social media and technology company—an end-run around the bans many major tech platforms imposed on him earlier this year after his post-election lies and incitement. The former...
    Students suing Texas school district that bans long hair on boys Former Pentagon official not surprised by Chinese launch, says US is running out of time in AI race Subscribe to Yahoo Sportsbook Daily Apple Podcasts • Stitcher • Google Podcasts • Spotify Minty Bets gets your ready for the Thursday Night Football matchup featuring the Denver Broncos and...
    In this article CROX DWAC TSLA Pedestrians walk in front of the IBM building in New York.Scott Mlyn | CNBCHere are the stocks making notable moves in midday trading: IBM – Shares of IBM lost more than 8% following after it issued third-quarter results late Wednesday that included a revenue miss as well as a slight beat on earnings....
    Sponsored Content Businesses across the world often consider profit their goal to achieve, whereas it is just the outcome of the company’s overall performance. It is the positive result of the right leadership and appropriate execution of business strategies throughout the years. If businesses consider profit as their main goal, they tend to overlook other factors that lead the...
    VIDEO4:2204:22Traders flag their best inflation hedges as concerns riseTrading Nation Rising concerns around inflation have one trader looking past the market's most popular names for protection. "In these markets, we want stocks that are able to maintain their margins and pass along cost increases," Eva Ados, COO and chief investment strategist at ERShares, told CNBC's "Trading Nation" on Wednesday. "In...
    In this article CROXDina Rudick | Boston Globe | Getty ImagesA snarled global supply chain is hurting retailers, from shoe brands to department store chains, and threating their performance this holiday season. But Crocs says it has created a playbook to manage through the crisis with mitigated impact. On Thursday, the company's fiscal third-quarter earnings and sales smashed Wall Street...
    Tony PodestaRebecca D'Angelo | The Washington Post | Getty Images Huawei, the Chinese tech giant that is on a U.S. trade blacklist, paid veteran Democratic lobbyist and donor Tony Podesta $500,000 to lobby the White House during the third quarter. The disclosure comes as the Biden administration is facing pressure to keep Huawei on the blacklist, which restricts the company's...
    In this article FBFacebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on "An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors" in the Rayburn House Office Building in Washington, DC on October 23, 2019.Mandel Ngan | AFP | Getty ImagesFacebook's oversight board condemned the platform on Thursday for...
    In this article Two people wearing masks holding Shake Shack bags walk past a WeWork office building amid the coronavirus pandemic on May 12, 2020 in New York City.Alexi Rosenfeld | Getty ImagesWeWork is finally making its public market debut as the world of work goes through an upheaval. In 2019, WeWork pulled its attempt to go public after its...
    London (CNN Business)Facebook failed to provide crucial details about its "Cross-Check" program that reportedly shielded millions of VIP users from the social media platform's normal content moderation rules, according to the company's oversight board.The tech giant "has not been fully forthcoming on Cross-Check," the oversight board said in a report published on Thursday. "On some occasions, Facebook failed to provide...
    New York (CNN Business)The Dave Chappelle comedy special, "The Closer," has thrust Netflix into its biggest crisis ever. It's a mess of the company's own making.Chappelle's special, which debuted on Netflix earlier this month, caused a firestorm inside and outside the company. It includes several jokes about trans people that some found deeply offensive. Netflix has stood by the special,...
    (CNN Business)Spanx, one of America's most prominent shapewear companies, is now worth $1.2 billion after inking a deal with Blackstone. The private equity firm will take a majority stake in the brand, the two companies announced Wednesday. While they did not disclose how much Blackstone paid for its stake, the firms noted the eight-figure valuation in a news release."This is...
    London (CNN Business)Unilever is hiking prices to cope with soaring supply chain costs and expects inflation to accelerate into next year.The owner of Dove and Ben & Jerry's said Thursday that it increased prices by 4.1% in the third quarter to "offset rising commodity and other input costs." The pricing action "is a step up from the first half of...
    Hunter Biden once offered to sell a major US company information and analysis on Oleg Deripaska, the Russian oligarch currently under federal investigation, emails from his abandoned laptop show, according to a new report. The president's son made the offer in 2011 to aluminum giant Alcoa, saying he could provide the company 'with statistical analysis of political and corporate risks,...
    Trump and his supporters have bristled at his exclusion from most of the major social media platforms as a result of the Jan. 6 rioting at the U.S. Capitol. The former president has said publicly that Twitter did him a favor by banning him because his statements had better coverage. He also said in February that he...
    The term ‘metaverse’ refers to a virtual, digital world or environment in which people can interact with one another, often through avatars, across multiple platforms and devices. “You can think about it [the metaverse] as the successor to the mobile internet,” Zuckerberg said in a July interview with The Verge. Facebook is the owner of Oculus, a technology company...
    A senior project manager at the collapsed blood testing company Theranos has told a court in California that claims were made to potential investors and clients - including Rupert Murdoch and the U.S. military - that boss Elizabeth Holmes knew were untrue. Daniel Edlin worked at Theranos from 2011-16.  He said that Holmes had been warned against making claims to...
    Prominent LGBTQ celebrities Elliot Page, Dan Levy, Wanda Sykes, and Jonathan Van Ness are voicing their support for Netflix workers who staged a walk out in protest of jokes from Dave Chapelle's The Closer. Hundreds of protesters gathered outside the streaming service's LA offices on Wednesday to express support for a virtual walkout by transgender employees and allies as anger...
    IBM's logo seen displayed on a smartphone.Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines after the bell:  IBM — The tech company saw its stock dropping more than 5% in extended trading following a revenue miss in the third quarter. its top two business segments — global services and the Cloud &...
    In this article TSLATesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014.Lucy Nicholson | ReutersTesla reports third-quarter results on Wednesday after the bell. Here's what analysts are expecting: Earnings per share (adjusted): $1.59 expected per Refinitiv Revenue: $13.63 billion expected per Refinitiv The company previously reported deliveries of...
    Sausalito, California (CNN)For a lot of people there is one real Ford Mustang. It's the Ford Mustang GT coupe with the big 5.0-liter gasoline-burning 460 horsepower V8 engine and just two doors. These people do not accept the validity of the Mustang Ecoboost with its 310 horsepower turbocharged four-cylinder engine. And they certainly do not accept a blasphemous battery-powered four-door...
    Tesla CEO Elon Musk and Christian Democratic Union (CDU) party leader Armin Laschet visit the construction site of Tesla's Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021.Patrick Pleul | Reuters Tesla CEO Elon Musk has said the fundamental good the electric car maker does will be measured in the acceleration of the world to sustainable energy. Tesla's role in...
    In this article NVAX ANTM EAT Customers view merchandise in an experience room at the Sonos store in New York.Gabby Jones | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading. Pinterest — Shares of the social media company rallied more than 9% following a Bloomberg News report that said PayPal may acquire Pinterest. PayPal shares...
    New York (CNN Business)Verizon reported earnings that topped forecasts Wednesday morning and issued a more upbeat outlook for 2022. That's some much-needed good news for the company, which has been the Dow's worst-performing stock this year, falling about 10%.Overall, the Dow is up about 16% in 2021, making Verizon's underperformance really stand out. (Biotech Amgen (AMGN), another Dow component, is...
    Caving to the mutiny people have pushed within his own company, Netflix co-CEO Ted Sarandos now claims he “screwed up” when defending comedian Dave Chappelle against the 2SLGBTQQIA+ activists outraged over his explosive stand-up special The Closer. According to Sarandos, his defense of Chappelle should have “led with more humanity” by acknowledging the “pain and hurt” his employees were feeling due...
    Conservative radio host Dan Bongino threatened his employer with an on-air ultimatum Monday, saying he would quit his popular radio show if the company did not do away with an imposed COVID vaccine mandate.   'You can have me, or you can have the mandate. But you can't have both of us,' Bongino told Cumulus Media during an October 18 airing...
    In this article WDFC NFLX VZ WGO BIIB A customer enters a Verizon store in San Francisco, California, U.S., on Tuesday, July 20, 2021.Bloomberg | Getty ImagesCheck out the companies making headlines before the bell: Anthem (ANTM) — The health insurer reported adjusted quarterly profit of $6.79 per share, beating the $6.37 per share consensus estimate from Refinitiv, with...
    London (CNN Business)Procter & Gamble (PG), the consumer goods giant that makes Pampers diapers, Crest toothpaste and Tide detergent, says that running its business is far from simple right now."Supply chains are under pressure from tight labor markets, tight transportation markets and overall capacity constraints," Chief Financial Officer Andre Schulten told analysts this week. "Inflationary pressures are broad-based and sustained."But...
    In this article V MA BAC Americans are increasingly using plastic to spend their money, enabling Visa to grow its dominance in the credit and debit card space. People in the U.S. spent $6.7 trillion through credit and debit cards in 2019, up 88% from 2009, according to a 2020 report by HSN Consultants. Of those transactions, more...
    (CNN Business)When you see a 3D image of a real person in a video game or as a visual effect in a movie, that virtual human has usually been constructed through an intricate process known as "volumetric capture." Dozens of cameras surround the subject and record a 360-degree video, capturing its dimensions and volume. The different viewpoints are then merged...
    Saul Loeb/Getty Images On Tuesday night The Verge reported that Facebook will rebrand its company name by the end of the month. “The coming name change, which CEO Mark Zuckerberg plans to talk about at the company’s annual Connect conference on October 28th, but could unveil sooner, is meant to signal the tech giant’s ambition to be known for more...
    Scene from "Squid Game" by NetflixSource: Netflix It may seem like every American you know has watched "Squid Game," but the show's popularity has not yet created a surge of new Netflix subscribers in the U.S. 142 million Netflix subscribers have seen at least two minutes of the wildly popular South Korean drama, Netflix revealed in its shareholder letter Tuesday....
    The city of San Francisco temporarily closed an In-N-Out fast food restaurant over the company’s refusal to force customers to prove they are vaccinated against the coronavirus. The San Francisco Department of Public Health closed the Fisherman’s Wharf In-N-Out location on Oct. 14 after the popular burger joint did not check the vaccination status of customers, which violates an August...
    In this article OMC IBKR NFLX UAL Mario Tama | Getty Images News | Getty ImagesCheck out the companies making headlines after the bell:  United Airlines — Shares of United added about 2% in after-hours trading following the airline's better-than-expected financial results as travel rebounded in the third quarter. United posted a loss of $1.02 per share, narrower than...
    New York (CNN Business)Call it the "Squid Game" effect.After two quarters of somewhat sluggish subscriber growth, Netflix (NFLX) is back on track.The streaming service reported Tuesday that it now has 213 million subscribers globally, after adding 4.4 million subscribers in the third quarter of 2021, a number that beat its own expectations. In more good news for the company, it...
    A British CEO sparked a debate on Linkedin over whether employers should offer "pawternity leave" to employees who have just bought a new dog. The founder of events company Boxpark, Roger Wade, asked his Linkedin connections the question with a poll earlier this month after he said an employee requested paid time off after buying a new puppy. ...
    In this article NFLXCo-founder and director of Netflix Reed Hastings delivers a speech as he inaugurates the new offices of Netflix France, in Paris on January 17, 2020.Christophe Archambault | AFP | Getty ImagesNetflix is set to report third-quarter earnings after-the-bell on Tuesday. Here's what analysts are expecting: Earnings per share (EPS): $2.56 according to Refinitiv survey of...
    (CNN Business)Google's Pixel smartphones are taking a big step toward becoming a true Apple iPhone and Samsung Galaxy competitor.At a virtual press conference on Tuesday, the company showed off the new 6.4-inch Pixel 6 and 6.7-inch Pixel 6 Pro, which run on Android 12, Google's most significant software update in years. The devices feature nearly bezel-less displays, a new camera...
    In this article GOOGLGoogle Pixel 6 and Pixel 6 Pro phonesGoogleGoogle on Tuesday unveiled the full details of its new Pixel 6 and Pixel 6 Pro phones, the first to run on its Google Tensor chip instead of Qualcomm's processor. Google Tensor was announced in August. Google's Android operating system runs on more than 3 billion devices around the world,...
    JAMES Dreyfus has claimed he was “stabbed in the back” by Doctor Who bosses who “erased” him from the sci-fi universe completely.  Fans of Doctor Who will, undoubtedly, remember James after he was set to play The Master in a series of audiobooks - a role that he has since been scrapped from.  5James Dreyfus was dropped from the Doctor...
    Though there are multiple ways of eliminating carbon dioxide from the atmosphere, technology-based solutions are needed to limit global warming. Nature-based solutions, such as reforestation and afforestation may be viable, but there is a need for complementary measures. Over the years, the amount of carbon emissions from human activities has been enormous, and it may be challenging to rely on...
    In this article ULTA BITO PG Fans gather at local Ulta Beauty in Houston to greet Kylie Jenner at the launch of her cosmetics line on November 18, 2018 in Houston, Texas.Rick Kern | Getty ImagesCheck out the companies making headlines in midday trading. Ulta — Shares of the cosmetics store dropped more than 5% after the company released...
    Three Miss France beauty pageant contestants have joined a leading feminist group in suing the contest for alleged discrimination based on their appearance. The 'Osez le feminisme' (Dare to be a Feminist) group, along with three failed contestants, said they were targeting the Miss France company as well as Endemol Production, which makes the annual TV programme screened on the...
    Facebook's portable Portal Go is an excellent device for video-calling, but the fact that it's made by Facebook makes it difficult to trust with your privacy.Salvador Rodriguez/CNBC Facebook's new Portal video calling devices hit stores and began shipping to customers on Tuesday. I've been testing out the new portable Portal Go for the past week. The $199 Portal Go is...
    A LONDON hotel repurposed into a lab is preparing to be the first in the world to infect humans with Covid. The Whitechapel Hotel in the East End is hosting a ground-breaking trial that took more than a year to be set up. 3Patients won't be infected with Covid until next year but the facility is prepped for the trialsCredit:...
    In this article AMZNPhotographer: Thorsten Wagner/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesAmazon on Tuesday released new data touting the success of sellers on its third-party marketplace amid mounting scrutiny from lawmakers of its private-label business practices. Amazon launched the third-party marketplace in 2000, allowing everyone from small businesses that operate out of their garage to established brands to...
    VIDEO0:3800:38Wall Street pointed toward higher open ahead of earningsMorning Report Take a look at some of the biggest movers in the premarket: Procter & Gamble (PG) – The consumer products giant beat estimates by 2 cents a share, with quarterly earnings of $1.61 per share. Revenue also topped Wall Street forecasts. P&G said it was facing increasing commodity and transportation...
    The The Wall Street Journal Five members of the House Judiciary Committee have sent a letter to Andy Jassi, the new CEO of Amazon. Share their doubts with them Some claims by Jeff Bezos. In the summer of 2020, the Amazon founder was asked by the United States Congress in the wake of a hopeless investigation. Did Bezos lie under...
    American entertainment company Disney has announced that it will postpone the release of movies from Marvel Studios for several months and has postponed the release of the fifth episode of Indiana Jones with Harrison Ford for a year. Since the outbreak of the Covid 19 epidemic in the spring of 2020, the company has repeatedly changed the release schedule of...
    High-rise apartment buildings at China Evergrande Group's under-construction Riverside Palace development in Taicang, Jiangsu province, China, on Friday, Sept. 24, 2021.Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese developer Evergrande made little progress toward complying with Beijing's crackdown on real estate debt — until it was too late for investors who poured money into its offshore bonds, now...