Facebook Makes Over its News Feed and an Unlikely Buyer for Gawker
Facebook announces major changes to its news feed that will prioritize posts from friends over those from businesses or third parties. The news could be a big blow for publishers, who rely on the platform to grow its audience.
And Peter Thiel, the man who funded Hulk Hogan's lawsuit against Gawker, is reportedly now trying to buy the company. How the venture capitalist will run the company, which published controversial articles against him and still faces possible litigation from Hogan, remains to be seen.
Plus Softbank's not the only investor cutting its estimate of Uber's valuation. Fidelity and Principal Investments say the ride-hailing app is worth about 20 percent less than it was previously.
Jayesh Govindarajan, head of A.I. at Salesforce, explains the company's new Einstein copilot, plus other ways it is investing in artificial intelligence.
Altro founder and CEO Michael Broughton shares how his company is bringing both expanded credit access and financial wellness to underserved consumers, plus netting early investments from Tinashe, Quavo, and Jay Z’s Marcy Ventures.
Portillo’s CEO Michael Osanloo discusses the company’s decades of profitability, opening restaurants in new markets, and why it doesn’t need trends like dynamic pricing.
Adam Turnquist, Chief Technical Strategist for LPL Financial, weighs in on the latest CPI data, what could get the Fed to lower borrowing costs, and the crypto rally.
