24 companies sign open letter saying Big Tech isn’t respecting EU DMA

24 companies sign open letter saying Big Tech isn’t respecting EU DMA

The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone with an EU flag shown in the background. Justin Tallis | AFP via Getty Images A raft of major technology and media companies have signed an open letter accusing tech giants of failing to bring their businesses into full compliance with … Read more

Amazon Microsoft, Meta accused of not respecting EU DMA laws

24 companies sign open letter saying Big Tech isn’t respecting EU DMA

The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone with an EU flag shown in the background. Justin Tallis | AFP via Getty Images A raft of major technology and media companies have signed an open letter accusing tech giants of failing to bring their businesses into full compliance with … Read more

AI takes over WEF’s main area pushing crypto aside

AI takes over WEF’s main area pushing crypto aside

A pedestrian walks past the TATA pop up store with a poster reading ‘The Future is AI’ ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Sunday, Jan. 14, 2024. Bloomberg | Bloomberg | Getty Images DAVOS, Switzerland — For the last few years at the World Economic Forum cryptocurrency firms dominated the … Read more

Gen Zs lead the way in Singapore’s online shopping space

Gen Zs lead the way in Singapore’s online shopping space

Logos of online social media and social networking sites displayed on a smartphone screen on August 01, 2023 in Bath, England. Matt Cardy | Getty Images News | Getty Images SINGAPORE — As more businesses turn to social media to sell their merchandise, online shoppers in Singapore are exploring new buying experiences — and Gen … Read more

Jim Cramer compares NFL playoff teams to stock picks

Jim Cramer compares NFL playoff teams to stock picks

CNBC’s Jim Cramer on Friday compared all NFL 14 teams competing in the playoffs to some of his top stock picks. “As I was reviewing this weekend’s slate of six games and the 14 teams that made the playoffs, I realized many of them are reminiscent of my favorite companies,” he said. “Tonight, I want … Read more

Discord cuts 17% of workforce, latest tech company to downsize in 2024

Discord cuts 17% of workforce, latest tech company to downsize in 2024

The Discord app is seen on an iPhone in this photo illustration in Warsaw, Poland, on April 3, 2021. Jaap Arriens | NurPhoto | Getty Images Discord will lay off 17% of the company’s workforce, which equates to 170 employees, a spokesperson confirmed Thursday. The company, which provides a popular messaging service used by gamers, … Read more

Jim Cramer says positive analyst notes hold real power in this market

Jim Cramer says positive analyst notes hold real power in this market

CNBC’s Jim Cramer said today’s market presents a rare landscape where analyst upgrades and price target bumps are catalysts for market action. “These recommendations and little tidbits and asides suddenly have power in this market because, at the moment, there doesn’t seem to be anything about what we call ‘resistance,’” he said, “Meaning there’s nothing … Read more

The Messenger bets survival on huge ad revenue turnaround

The Messenger bets survival on huge ad revenue turnaround

Screenshot of the TheMessenger website. Source: TheMessenger The Messenger, the struggling news media startup co-founded by publishing veteran Jimmy Finkelstein, is urging potential investors to make a long-shot bet on a dramatic rebound in advertising this year. The company is attempting to stop the cash burn that has put it in jeopardy. CNBC has obtained … Read more

Meta to restrict teen content as complaints mount about youth harm

Meta to restrict teen content as complaints mount about youth harm

Mark Zuckerberg, CEO of Meta, attends a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., Sept. 13, 2023. Stefani Reynolds | AFP | Getty Images Meta said Tuesday it will limit the type of content that teenagers on Facebook and Instagram are able to see, as the company faces … Read more

Crypto ‘dark money’ lobbies as industry aims to influence 2024

Crypto ‘dark money’ lobbies as industry aims to influence 2024

Jtsorrell | Istock | Getty Images A new mysterious nonprofit group backed by the crypto industry has set up a mailing address about 100 miles away from Washington, D.C., and is making movies to exert power in the nation’s capital. The Cedar Innovation Foundation, a 501(c)(4) that was incorporated in Delaware in April, has launched … Read more