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Two prominent lobbying groups representing the tech industry’s biggest companies are asking the US Supreme Court to step in and block a Texas law that lets the state’s residents sue large social media platforms for alleged censorship, two days after a federal appeals court allowed the law to take effect. CNN.com – RSS . . . → Read More: Tech groups ask Supreme Court to put Texas social media censorship law on hold Amazon’s stock plummeted after the company reported on Thursday slowing growth and higher costs in its latest quarter and offered a disappointing revenue outlook. CNN.com – RSS Channel – App . . . → Read More: Amazon stock plunges as growth slows Twitter’s board of directors has adopted a limited-term shareholder rights plan called a “poison pill” that could make it harder for Elon Musk to acquire the company. CNN.com – RSS Channel – App . . . → Read More: Twitter adopts ‘poison pill’ measure that could thwart Elon Musk’s takeover bid Amazon CEO Andy Jassy received a pay package valued at $ 212.7 million in 2021, marking a substantial compensation increase for the executive during his first year running the tech giant, according to a company filing with the US Securities and Exchange Commission on Friday. CNN.com – RSS Channel – App . . . → Read More: Amazon CEO Andy Jassy’s total compensation package topped $212 million As its troops have gotten bogged down in Ukraine, the Russian government has been fueling a conspiracy theory on social media about the purpose of US-funded biolabs in Ukraine. CNN.com – RSS Channel – App . . . → Read More: Social media platforms tread carefully when it comes to the Russian government Russia moved to block access to Facebook within its borders on Friday, seeking to shut down the world’s biggest social media platform and drawing a rebuke from the Biden administration. CNN.com – RSS Channel – App . . . → Read More: Russia says it’s blocking access to Facebook An abandoned cargo ship packed with cars is adrift in the Atlantic Ocean, after a rapidly-spreading fire on board forced the crew to escape. CNN.com – RSS Channel – App . . . → Read More: A cargo ship full of luxury cars is on fire and adrift in the middle of the Atlantic Tim Ellis, an unassuming 31-year-old with glasses who shuffles around his sprawling rocket factory in designer sneakers, has what every space company founder longs for: a seemingly endless well of investors willing to pour money into his company. CNN.com – RSS Channel – App . . . → Read More: Relativity is 3D printing rockets and raising billions. Will its technology work? Workers at an Activision Blizzard-owned game studio announced plans on Friday to form what would be the first union at the troubled gaming company. CNN.com – RSS Channel – App . . . → Read More: A group of Activision Blizzard employees is demanding union recognition Tim Cook had a very good year. CNN.com – RSS Channel – App . . . → Read More: Tim Cook’s compensation jumped to nearly $100 million last year |
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