Crypto's $270 billion meltdown gives way to an uneasy calm
Even by the white-knuckle standards of the cryptocurrency universe, it was a standout week.
2 hours ago
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5
Internet
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Business
Facebook changing with times a decade after stock debut
Facebook boss Mark Zuckerberg rang the opening bell remotely to cheers 10 years ago as the beloved social network made its stock market debut, culminating an all-night hackathon that included street hockey, costumes and music.
9 hours ago
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Internet
Facebook: from Harvard dorm to global phenomenon
Key chapters in the history of Facebook, the world's biggest social media application, which marks the tenth anniversary Wednesday of its stock market debut.
9 hours ago
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Business
US carrier JetBlue launches hostile takeover of Spirit Airlines
Low-cost US carrier JetBlue Airlines announced on Monday a hostile takeover bid for its rival Spirit Airlines, which had rejected a previous offer in favor of a merger with Frontier.
6 hours ago
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Business
Tech titans curb hiring in a 'challenging macro environment'
From e-commerce colossus Amazon to social networking star Facebook, US tech firms that once grew with abandon have reined in hiring to endure tumultuous times.
May 15, 2022
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Business
As Musk buyout looms, Twitter searches for its soul
A toxic cesspool. A lifeline. A finger on the world's pulse. Twitter is all these things and more to its over 229 million users around the world—politicians, journalists, activists, celebrities, weirdos and normies, cat ...
May 15, 2022
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Business
Stablecoin volatility shows an urgent need for regulation to protect consumers
Some cryptocurrencies have always been fairly volatile, with values soaring or plunging within a short space of time. So for the more cautious investor, "stablecoins" were considered the sensible place to go. As the name ...
May 13, 2022
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Business
Musk puts Twitter buy 'on hold,' casting doubt on $44B deal
Tesla billionaire Elon Musk has put his plan to buy Twitter on what he called a temporary "hold," raising fresh doubts about whether he'll proceed with the $44 billion acquisition.
May 13, 2022
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Business
Shareholder: Amazon's 'astronomical' misuse of customer data could ruin company
Taking a new approach to bringing attention to how Amazon uses individuals' data, a shareholder is suing Jeff Bezos, Andy Jassy and 17 other Amazon leaders he claims knowingly allowed the company to violate state laws.
May 13, 2022
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Business
Musk sends mixed messages on Twitter deal, pressuring shares
Elon Musk sent mixed messages Friday about his proposed Twitter acquisition, sending shares of the microblogging platform lower amid skepticism over whether the deal will close.
May 13, 2022
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