DoorDash shares soared more than 16% on Wednesday after the company announced it would acquire Wolt for $8.1 billion. The company also reported a wider than expected third-quarter loss per
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Facebook probably lost millions of dollars this week — and the pain might not be over yet, experts say
Facebook is having a rough week — and it's not even halfway over yet. On Tuesday, the social media giant faced negative testimony about user health and safety from a
Continue reading »Tiktok Unveils Mental Health-Related Features For Teens
Popular social media platform TikTok announced on Monday that the platform is going to roll out a gamut of new features that will help the teenagers who use the platform
Continue reading »‘Stupid On So Many Levels’: Trump’s Social Media Lawsuits Raked Over The Coals
Lawyers, reporters and other people who still have access to social media went to town Wednesday on former President Donald Trump’s moonshot lawsuit against Facebook, Twitter and Google. Trump announced he’s
Continue reading »Supreme Court rules for Pennsylvania cheerleader in school free speech case
The Supreme Court ruled that a Pennsylvania high school violated the First Amendment rights of a cheerleader by suspending her from her team for using vulgar language that criticized the
Continue reading »CEO of TikTok owner ByteDance to step down and move into new role
Zhang Yiming, co-founder of ByteDance, will step down as CEO and transition to a new role, the company said on Thursday. Another co-founder, Liang Rubo, who is currently head of
Continue reading »Venmo users can now buy and sell bitcoin and other cryptocurrencies
Starting Tuesday, Venmo will show users a new feature that lets them invest in four different cryptocurrencies with a minimum spending requirement of $1. With more than 70 million users,
Continue reading »Spotify acquires Clubhouse competitor Betty Labs as the live audio trend continues
Spotify is entering the live audio market after it announced Tuesday its acquisition of Betty Labs, the creators of the live audio app Locker Room. In the coming months, Spotify says it
Continue reading »Australia won't change planned content laws despite Facebook block, says lawmaker
Australia will not change proposed laws that would make Alphabet Inc's Google and Facebook pay news outlets for content, Finance Minister Simon Birmingham said. The laws would give the government
Continue reading »Apple Removes Parler From App Store After Use in Capital Riot
Apple Inc. removed Parler from its App Store after the social media service was among those used to organize Wednesday’s riots at the Capitol. The removal came a day after
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