Facebook documents show how toxic Instagram is for teens, Wall Street Journal reports
The company is in the process of making a version of Instagram for kids.
CNBC Technology
Microsoft makes top lawyer Brad Smith its vice chair
Chief Microsoft lawyer Brad Smith is a major company stockholder, having joined the software maker in 1993 and become its president in 2015.
Former employee testifies Elizabeth Holmes' Theranos lost millions while exaggerating projections to investors
Theranos' longtime controller testified Tuesday that the company lost hundreds of millions of dollars while Holmes gave investors rosy revenue predictions.
DOJ official signals firm stance against 'killer acquisitions'
Department of Justice Associate Attorney General Vanita Gupta called acquisitions of nascent competitors "one category of particularly concerning transactions."
Amazon faces Teamsters union drive at Canadian warehouse
It comes just a few months after a high-profile unionization effort failed at an Amazon warehouse in Alabama.
Tesla Autopilot to be compared with 12 other carmakers' systems in NHTSA probe
NHTSA plans a comparative analysis between the driver assistance systems Tesla and its competitors offer.
Apple to announce new iPhones, Apple Watch and AirPods on Tuesday
Apple hasn't commented on what it plans to release, but analysts and past release cycles suggest new iPhones, AirPods and Apple Watch models are coming.
House Democrats’ plan would close tax loophole used by crypto investors
Bitcoin, ethereum, dogecoin and other crypto investors would be subject to the wash-sale rules that apply to stocks if House Democrats' proposal becomes law.
Amazon CEO Andy Jassy: 'It's still early days for us in media'
In one of his first interviews since ascending to the CEO role, Amazon's Andy Jassy said the company has big ambitions in media and entertainment.
Amazon CEO Andy Jassy says he's concerned about Congress not raising debt ceiling
Amazon CEO Andy Jassy warned Tuesday that U.S. consumer confidence could drop if lawmakers don't raise the debt ceiling soon.
SoftBank says new Latin America fund has at least $3 billion to invest in regional start-ups
SoftBank and others are racing to invest in Latin America, which is home to several fast-growing financial service companies.
Amazon plans to hire another 125,000 employees, paying them an average of $18 per hour
Amazon said Tuesday it is looking to fill 125,000 roles as competition for workers in a tough labor market continues to heat up.
The UK government now holds stakes in over 150 start-ups
The U.K. government now holds stakes in 158 start-ups after a series of taxpayer-funded loans, issued through the so-called Future Fund, converted into equity.
‘Ignore China at your peril’: Ad mogul Martin Sorrell on Beijing’s tech crackdown
British businessman Martin Sorrell has warned that it's unwise for companies to completely ignore China despite the challenges that exist in the country.
South Korea's antitrust regulator fines Google $177 million for abusing mobile market dominance
Google allegedly used its market position to block smartphone makers from using operating systems developed by rivals, according to the regulator.
Alibaba leads $300 million investment into Chinese autonomous driving start-up DeepRoute.ai
Alibaba's involvement in the funding round underscores the ambitions of China's technology giants to get a foothold in the area of driverless cars.
Analysts explain how the Apple-Epic court ruling could affect Google
Analysts are now looking to the potential effect on Google's Play Store following a court ruling in the Epic vs. Apple case.
Oracle falls short on revenue as it ramps up cloud investment
While Oracle has been investing more in capital expenditures to meet expected demand for cloud services, revenue fell short of estimates in multiple segments.
Intuit to buy email marketing company Mailchimp for $12 billion in cash and stock
Intuit is purchasing popular automated email and marketing platform Mailchimp for $12 billion.
Facebook shields millions of VIP users from standard moderation protocols, per report
Facebook is using a program that whitelists millions of VIP users from the company's standard content moderation practices, according to a report.
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