Erin Egan, Vice President of U.S. Public Policy and Chief Privacy Officer at Facebook, discusses ways users can protect their data on the social network.
We press Egan on whether Facebook urging users to "take control of the ads you see" stems from Russian ads featured on the platform during the 2016 election. Egan notes that Facebook wants people to be in control of their experience and for them to enjoy spending time on the platform. She tells us she has conversations with her kids about doing regular privacy check-ups and urges other parents to do the same.
The Gap is laying off 1,800 corporate workers, roughly three time the number of headquarters jobs it cut last fall, as the struggling chain cuts costs in a bid to become more nimble.
Tyson Foods is eliminating about 10 percent of corporate jobs and 15 percent senior leadership positions, according to a memo obtained by Reuters. The cuts are just the latest attempt to trim costs amid falling profits.
Verizon is taking steps to speed up its 5G network in rural areas. The company said it plans to extend its C-band 5G network across a larger suburban and rural footprint, meaning faster speeds for customers in those areas.
Facebook parent company Meta's first-quarter results surpassed Wall Street's modest expectations on both profit and revenue, sending its stock soaring in after-hours trading.
Another automaker is trying to cut its workforce to trim expenses and stay competitive as the industry makes the long and costly transition to electric vehicles.
The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced their inventories.
