Washington CNN Business — Twitter searches for the widespread Covid-19-related protests in China are returning a flood of spam, pornography and gibberish that some disinformation researchers say at first glance appear to be a deliberate attempt by the Chinese government or its allies to drown out images of the demonstrations. Beginning late last week and […]
Brisbane, Australia CNN — Marion Barter won plaudits for her warmth as an elementary school teacher, but in 1997 the 51-year-old mother-of-two became restless, quit her job, sold her house, and flew from Australia’s beach-lined Gold Coast to start a new life in Europe. Her family never saw her again. If Barter had vanished without […]
CNN — Sunday officially marks one month since the world’s richest man took the helm at Twitter. In that time, Elon Musk initiated mass layoffs and gave remaining staffers a cryptic ultimatum, reinstated the accounts of controversial figures including former President Donald Trump, and launched – then punted – a plan to charge for Twitter’s […]
Hong Kong CNN Business — A violent workers’ revolt at the world’s largest iPhone factory this week in central China is further scrambling Apple’s strained supply and highlighting how the country’s stringent zero-Covid policy is hurting global technology firms. The troubles started last month when workers left the factory campus in Zhengzhou, the capital of […]
Hong Kong CNN Business — Foxconn has offered to pay newly recruited workers 10,000 yuan ($1,400) to quit and leave the world’s largest iPhone assembly factory, in an attempt to quell protests that saw hundreds clash with security forces at the compound in central China. The Apple supplier made the offer Wednesday following dramatic scenes […]
New York CNN Business — Death is in the air on Twitter. On the platform Thursday evening, where #RIPTwitter was the top trend worldwide, users wrote what they feared might be their last posts, offering apprehensive goodbyes and listing the other (more stable) social media platforms where they can still be found. They were reacting […]
New York CNN Business — Investors sleuthing for clues about what the Federal Reserve will decide during its December policy meeting got quite a few this week. But those hints about the future of monetary policy point to an outcome they won’t be very happy about. What’s happening: Federal Reserve officials made a series of […]
New York CNN Business — A new court filing about Sam Bankman-Fried’s bankrupt companies reveals a crypto empire that was colossally mismanaged and potentially fraudulent — a “complete failure of corporate controls” that eclipses even that of Enron. “Never in my career have I seen such a complete failure of corporate controls and such a […]
CNN — After years of seemingly unstoppable growth, the tech industry is now facing the “ultimate reality check” as it confronts broader economic uncertainty and waves of layoffs, Airbnb CEO Brian Chesky told CNN on Thursday. “It’s like we’re all in a nightclub and the lights just came on,” Chesky said in an interview on […]
New York CNN Business — White collar workers would be hit harder than blue collar workers if the United States enters a recession soon, according to one economist, who said businesses have undergone a dramatic restructuring after the pandemic. “Covid shifted things around,” said William Lee, chief economist at the Milken Institute. The pandemic has […]