Washington CNN Business — Just days after Twitter laid off thousands of employees, a number of top executives from teams working on privacy and security at the platform have reportedly resigned. Twitter’s chief information security officer announced their resignation on Thursday, vacating one of the company’s most critical roles just as scrutiny is mounting over […]
New York CNN Business — Elon Musk sold $3.95 billion worth of Tesla stock since completing his purchase of Twitter late last month. Musk’s Tesla stock sales, totaling 19.5 million shares, have been widely anticipated ever since the Tesla CEO reached a deal to buy Twitter for $44 billion. Musk had sold blocks of Tesla […]
Editor’s Note: A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. Hong Kong CNN — China’s southern metropolis of Guangzhou has locked down a third district, as authorities rush to […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business — What will the Federal Reserve do at its meeting in December? Analysts can […]
Editor’s Note: A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. Hong Kong CNN — It’s been little more than a week since Chinese leader Xi Jinping began his norm-breaking […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business — When will central banks stop raising interest rates? That’s the multi-trillion dollar question […]
CNN Business — Even by Facebook’s standards, 2021 was a rough year. A series of damning reports based on leaks from a whistleblower raised uncomfortable questions about Facebook’s impact on society; the company continued reeling from concerns about the use of its platform to organize the January 6 Capitol riot; and privacy changes from Apple […]
New York CNN Business — General Motors is pausing its advertising on Twitter now that the social media platform is owned by Tesla CEO Elon Musk, the company said in a statement Friday. The nation’s largest automaker said that it is making the change while it evaluates “Twitter’s new direction.” It said it will still […]
CNN — It is a moment that for many observers has come to define strongman leader Xi Jinping’s tightening grip on China: his visibly frail predecessor, Hu Jintao, being escorted out of a key Communist Party meeting during a five-yearly leadership reshuffle – apparently at Xi’s behest. Images of two men ushering the 79-year-old from […]
New York CNNBusiness — Billionaires are no match for the Twitterverse. Luxury goods mogul and LVMH CEO Bernard Arnault has dumped his private jet after Twitter users took to tracking his every plane trip to make an example of how the rich and their rarefied lifestyles are polluting the environment. Renault, 73, the world’s second-richest […]
