Business

BuzzFeed to become a publicly traded company

Digital media company BuzzFeed is setting its sights on growth. It plans to become a publicly traded company with an implied value of $1.5 billion through a merger with a special purpose acquisition company.

Business

GE sells jet-leasing unit to AerCap for $30 bn

General Electric announced a deal Wednesday to sell its aircraft leasing business to AerCap for $30 billion, establishing a new industry giant amid the pandemic-induced downturn in air travel.

Security

Airline IT provider hacked, frequent flyer data breached

The hack of a company that manages ticket-processing and frequent-flier data for major global airlines—including Star Alliance and OneWorld members—has compromised the personal data of an unspecified number of travelers.

Business

Samsung eyes Texas for chip-making plant

Electronics giant Samsung is considering the US state of Texas as a possible location for a new $17 billion chip-making plant, according to filings with state officials.

Internet

TikTok tightens privacy features for younger users

A month after federal regulators ordered it to disclose how its practices affect children and teenagers, TikTok is tightening its privacy practices for the under-18 crowd.

Internet

Massive outage hits Google services worldwide

A massive blackout on Monday temporarily disrupted popular Google services such as Gmail and YouTube, derailing the remote learning, work and entertainment that people have come to rely on during the pandemic.

page 1 from 4