Business

New York Times buys sports site The Athletic for $550M

The New York Times Co. is buying sports news site The Athletic for $550 million, the latest move in its strategy to expand its audience of paying subscribers as the newspaper print ads business fades.

Internet

Meta targets 'cyber mercenaries' using Facebook to spy

Facebook parent Meta on Thursday banned a series of "cyber mercenary" groups, and began alerting some 50,000 people likely targeted by the firms accused of spying on activists, dissidents and journalists worldwide.

Internet

Instagram boss tells US lawmakers app 'can help' teens

Instagram's boss on Wednesday pushed a rosy view of the photo-sharing app's impact on teens in testimony to US lawmakers that was at odds with damning news reports based on the firm's own research.

Business

Boeing 737 MAX negligence case ends with $237.5 mn settlement

Boeing shareholders have reached a $237.5 million out-of-court settlement with the US aircraft manufacturer's current and former directors in a 737 MAX aircraft safety negligence case, according to documents released Friday.

Security

Streaming site Twitch confirms hack

Amazon's popular live video streaming platform Twitch said Wednesday hackers had broken into its network after reports of exposed confidential company data surfaced online.

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