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.
Working five days a week has long been the corporate cultural norm. But some companies are exploring the option of letting employees work four days a week.
After a two-year-long high, interest rates are coming back to earth. So what happens next? Plus: Boeing's woes, UAW may strike, and of course Elon's World.
PLUS: American Eagle marks 30 NYSE years with a record stock high. CMO Craig Brommers discusses Gen-Z trends and collabs with Coco Gauff and Trevor Lawrence.
