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.
The Tony Awards on Sunday lured 4.85 million viewers to CBS, its largest broadcast audience in six years. CBS says Monday that Nielsen data shows the telecast — hosted by “Wicked” star Cynthia Erivo — scored a 38% increase over last year’s 3.53 million viewers. That’s the largest audience for the Tonys since 2019, when the telecast that year nabbed 5.4 million viewers and “Hadestown” was crowned best new musical. The latest version also had to compete with the second game of the NBA Finals, between the Thunder and Pacers,
After stumbling out of the starting gate in Big Tech’s pivotal race to capitalize on artificial intelligence, Apple tried to regain its footing Monday during a developers conference that focused mostly on incremental advances and cosmetic changes in its technology.
Six weeks before UnitedHealthcare CEO Brian Thompson was gunned down outside a Manhattan hotel last December, Luigi Mangione mused about rebelling against “the deadly, greed fueled health insurance cartel” and expressed that killing the executive “conveys a greedy bastard that had it coming."
Shaquille O’Neal and Allen Iverson once clashed on the court in the 2001 NBA Finals, but now the basketball legends are joining forces to revive the Reebok brand they helped make iconic.
Midea is voluntarily recalling about 1.7 million of its popular U and U+ Smart air conditioners because pooled water in the units may not drain fast enough, leading to mold growth.
