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.

Share:
More In Business
Federal Reserve: Inflation Is, Uh, Still Up
An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month. (Getty Images)
Is 2024 the Most Affordable Year to Buy a New Car?
After years of price increases for cars and trucks in the United States, costs are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an affordable vehicle.
Load More