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Tech groups ask Supreme Court to put Texas social media censorship law on hold

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.

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Amazon stock plunges as growth slows

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.

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Twitter adopts ‘poison pill’ measure that could thwart Elon Musk’s takeover bid

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.

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Amazon CEO Andy Jassy’s total compensation package topped $212 million

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.

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Social media platforms tread carefully when it comes to the Russian government

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.

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Russia says it’s blocking access to Facebook

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.

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A cargo ship full of luxury cars is on fire and adrift in the middle of the Atlantic

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.

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Relativity is 3D printing rockets and raising billions. Will its technology work?

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.

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A group of Activision Blizzard employees is demanding union recognition

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.

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Tim Cook’s compensation jumped to nearly $100 million last year

Tim Cook had a very good year.

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