Facebook announces major changes to its news feed that will prioritize posts from friends over those from businesses or third parties. And Peter Thiel, the man who funded Hulk Hogan's lawsuit against Gawker, is reportedly now trying to buy the company. Plus Wal-Mart coming off a roller coaster day with employee bonuses *and* layoffs. We break down why the retailer made both of these announcements on the same day, and what it means for its image. And a look at the hottest cars at CES. From electric vehicles to self-driving technology to connected vehicles, we break down all the coolest unveils.

Share:
More In Business
Tesla’s profit fell in third quarter even as sales rose
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
Load More