People are spending less time on Facebook, according to the company's latest earnings report. On average, users are spending 50 million hours less on the platform, a drop of about 5%. But CEO Mark Zuckerberg says this is intentional. In a statement, Zuckerberg said the company intentionally featured fewer viral videos to "make sure people's time is well spent." The social media company also reported increased ad revenue.
Twitter doubles the number of users who interacted with Russian-linked trolls. The social company now says 1.4 million users in the U.S. engaged with these accounts, more than double what the company originally reported. Twitter is sending out notifications to users who liked, retweeted, replied to, or quoted a Russia-backed account.
And eBay is parting ways with longtime partner PayPal in favor of Dutch payment processing company Adyen. Consumers will still have the option to check out using PayPal but will now be redirected towards an external site. This is an attempt by the company to take more control of sales on its platform. PayPal and eBay used to be part of the same company but parted ways in 2015.
Plus, we bring you a full hour on the Business of Sports heading into Super Bowl weekend. President of the San Francisco 49ers Al Guido discusses how the NFL is trying to turn around declining viewership. He also talks about the team's thoughts on Colin Kaepernick and protests within the NFL. Guido says he's inspired by the work Kaepernick has done and wants to turn these protests into progress.
Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.
A group representing several big tech companies is suing Utah over state laws about children's social media use.
Google has agreed to pay $700 million to settle an anti-trust settlement.
Stocks were up after the closing bell as Wall Street continued to pin their hopes on rate cuts after last week's comments from the Fed.
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Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store — the same issue that went to trial in another case that could result in even bigger changes.
Nicki Minaj just reached a milestone that no other woman in rap has reached.
Apple announced that starting this week, it will stop selling some versions of the Apple watch in the U.S.
Southwest Airlines will pay a $35 million fine as part of a $140 million settlement to resolve a federal investigation into a debacle in December 2022 when the airline canceled thousands of flights and stranded more than 2 million travelers over the holidays.
The House of Representatives recently passed a bill aimed at increasing transparency in healthcare.
