Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.New York (CNN Business)Hundreds of companies have promised to halt advertising on Facebook and its sibling platform Instagram as part of month-long boycott officially set to begin on Wednesday, according to the civil rights groups behind the protest. But even as a steady drumbeat of household names like , and have joined the pressure campaign over the social network's handling of hate speech and misinformation, the vast majority of 's biggest advertisers — the ones with presumably the most leverage --...…Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.New York (CNN Business)Hundreds of companies have promised to halt advertising on Facebook and its sibling platform Instagram as part of month-long boycott officially set to begin on Wednesday, according to the civil rights groups behind the protest. But even as a steady drumbeat of household names like , and have joined the pressure campaign over the social network's handling of hate speech and misinformation, the vast majority of 's biggest advertisers — the ones with presumably the most leverage --...WW…

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.Washington (CNN Business)Twitch, the video streaming service popular with online gamers, has suspended an account belonging to the Trump campaign, becoming the to take action against President Donald Trump. In a statement provided to CNN, Twitch, which is owned by , said that "hateful conduct is not allowed.""In line with our policies, President Trump's channel has been issued a temporary suspension from Twitch for comments made on stream, and the offending content has been removed," said Brielle...…Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.Washington (CNN Business)Twitch, the video streaming service popular with online gamers, has suspended an account belonging to the Trump campaign, becoming the to take action against President Donald Trump. In a statement provided to CNN, Twitch, which is owned by , said that "hateful conduct is not allowed.""In line with our policies, President Trump's channel has been issued a temporary suspension from Twitch for comments made on stream, and the offending content has been removed," said Brielle...WW…

AdvertisementShares of both Facebook and Twitter were down more than 7 per cent in mid-day trading Friday after Unilever said it would pull its advertising from the social media companies for the rest of the year."Given our Responsibility Framework and the polarized atmosphere in the U.S., we have decided that starting now through at least the end of the year, we will not run brand advertising in social media newsfeed platforms Facebook, Instagram and Twitter in the U.S.," the company said in a statement. "Continuing to advertise on these platforms at this time would not add value to people...…AdvertisementShares of both Facebook and Twitter were down more than 7 per cent in mid-day trading Friday after Unilever said it would pull its advertising from the social media companies for the rest of the year."Given our Responsibility Framework and the polarized atmosphere in the U.S., we have decided that starting now through at least the end of the year, we will not run brand advertising in social media newsfeed platforms Facebook, Instagram and Twitter in the U.S.," the company said in a statement. "Continuing to advertise on these platforms at this time would not add value to people...WW…

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN Business)Outdoor apparel brand The North Face has become the best-known company yet to commit to an advertising boycott of Facebook in light of the social media platform's handling of misinformation and hate speech — a move that could open the door for other brands to do the same.The brand's decision responds to a pressure campaign by top civil rights groups, including the NAACP and the Anti-Defamation League, known as #StopHateForProfit, which on Wednesday began calling for advertisers to suspend...…Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN Business)Outdoor apparel brand The North Face has become the best-known company yet to commit to an advertising boycott of Facebook in light of the social media platform's handling of misinformation and hate speech — a move that could open the door for other brands to do the same.The brand's decision responds to a pressure campaign by top civil rights groups, including the NAACP and the Anti-Defamation League, known as #StopHateForProfit, which on Wednesday began calling for advertisers to suspend...WW…

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN Business) CEO Mark Zuckerberg sought on Tuesday to ease employee over his inaction on incendiary remarks recently posted by President Donald Trump.During a company-wide town hall, Zuckerberg struggled to explain his decision-making process as many of his employees, using a real-time feedback tool, reminded him of promises to remove content that calls for violence or that could lead to imminent physical harm."It's crystal clear today that leadership refuses to stand with us," Brandon Dail, an...…Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN Business) CEO Mark Zuckerberg sought on Tuesday to ease employee over his inaction on incendiary remarks recently posted by President Donald Trump.During a company-wide town hall, Zuckerberg struggled to explain his decision-making process as many of his employees, using a real-time feedback tool, reminded him of promises to remove content that calls for violence or that could lead to imminent physical harm."It's crystal clear today that leadership refuses to stand with us," Brandon Dail, an...WW…

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN Business) CEO Mark Zuckerberg sought on Tuesday to ease employee over his inaction on incendiary remarks recently posted by President Donald Trump.During a company-wide town hall, Zuckerberg struggled to explain his decision-making process as many of his employees, using a real-time feedback tool, reminded him of promises to remove content that calls for violence or that could lead to imminent physical harm."It's crystal clear today that leadership refuses to stand with us," Brandon Dail, an...…Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN Business) CEO Mark Zuckerberg sought on Tuesday to ease employee over his inaction on incendiary remarks recently posted by President Donald Trump.During a company-wide town hall, Zuckerberg struggled to explain his decision-making process as many of his employees, using a real-time feedback tool, reminded him of promises to remove content that calls for violence or that could lead to imminent physical harm."It's crystal clear today that leadership refuses to stand with us," Brandon Dail, an...WW…

As the White House prepares an executive order aimed at curtailing the power of social media platforms, legal experts are raising serious doubts about the proposal and whether it could survive judicial scrutiny. The draft order, as reported by CNN, reflects President Donald Trump's frustration with Silicon Valley -- and an attempt to use the levers of government to target his perceived political enemies in the private sector while rallying conservative supporters. There are provisions in the draft order that are more clearly within Trump's power. For example, instructing federal agencies...…As the White House prepares an executive order aimed at curtailing the power of social media platforms, legal experts are raising serious doubts about the proposal and whether it could survive judicial scrutiny. The draft order, as reported by CNN, reflects President Donald Trump's frustration with Silicon Valley -- and an attempt to use the levers of government to target his perceived political enemies in the private sector while rallying conservative supporters. There are provisions in the draft order that are more clearly within Trump's power. For example, instructing federal agencies...WW…

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN Business)President Donald Trump threatened to social media platforms in a series of tweets over the last day after Twitter to some of his posts. But Trump's options for cracking down on Twitter and other platforms over how they moderate their platforms are somewhat limited, legal experts say. The options at Trump's disposal could range from pushing for new legislation to pressuring US regulators to sue the companies, none of which are guaranteed to accomplish what the president is threatening to...…Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN Business)President Donald Trump threatened to social media platforms in a series of tweets over the last day after Twitter to some of his posts. But Trump's options for cracking down on Twitter and other platforms over how they moderate their platforms are somewhat limited, legal experts say. The options at Trump's disposal could range from pushing for new legislation to pressuring US regulators to sue the companies, none of which are guaranteed to accomplish what the president is threatening to...WW…

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.Washington (CNN) on Wednesday threatened to "strongly regulate" or even shut down social media platforms after to two of his tweets this week. Trump did not elaborate on what actions he could take. But the threat is Trump's clearest expression of intent to use the power of government to target his perceived political enemies in the private sector -- businesses that already enjoy wide latitude under the law to moderate their platforms as they see fit. And it raises the stakes for Twitter and Facebook as...…Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.Washington (CNN) on Wednesday threatened to "strongly regulate" or even shut down social media platforms after to two of his tweets this week. Trump did not elaborate on what actions he could take. But the threat is Trump's clearest expression of intent to use the power of government to target his perceived political enemies in the private sector -- businesses that already enjoy wide latitude under the law to moderate their platforms as they see fit. And it raises the stakes for Twitter and Facebook as...WW…

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN Business) CEO Elon Musk escalated his standoff with county officials in California on Monday as he announced that the automaker would be "restarting production today against Alameda County rules."The decision follows the executive's sharp Twitter outbursts in recent weeks objecting to state lockdown orders meant to stem the spread of the novel coronavirus. In a tweet on Monday, Musk said he would be at the factory, "on the line with everyone else.""If anyone is arrested, he , "I ask that it only...…Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN Business) CEO Elon Musk escalated his standoff with county officials in California on Monday as he announced that the automaker would be "restarting production today against Alameda County rules."The decision follows the executive's sharp Twitter outbursts in recent weeks objecting to state lockdown orders meant to stem the spread of the novel coronavirus. In a tweet on Monday, Musk said he would be at the factory, "on the line with everyone else.""If anyone is arrested, he , "I ask that it only...WW…

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN)For years, Apple and Google have dreamed of breaking into the enormous market for personal health. Apple CEO Tim Cook has said he wants health tech to be considered Apple's "greatest contribution" to humanity, and sought clearance from the Food and Drug Administration so that the latest Apple Watches can . Google has poured into research on aging, cancer and neuroscience. Both have acquired health startups, and poached health executives.But perhaps no effort may give the companies as much of a...…Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN)For years, Apple and Google have dreamed of breaking into the enormous market for personal health. Apple CEO Tim Cook has said he wants health tech to be considered Apple's "greatest contribution" to humanity, and sought clearance from the Food and Drug Administration so that the latest Apple Watches can . Google has poured into research on aging, cancer and neuroscience. Both have acquired health startups, and poached health executives.But perhaps no effort may give the companies as much of a...WW…

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN Business)As the has forced people to stay inside, few companies have proven themselves as essential as Amazon. From to cleaning supplies, shipments from have become lifelines for many who are steering clear of supermarkets and other physical retail stores. Company executives have likened the surge in demand to the annual holiday shopping crush.But e-commerce isn't the only sector where Amazon is booming. Analysts say its cloud business, Amazon Web Services, faces higher demand as people turn to...…Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN Business)As the has forced people to stay inside, few companies have proven themselves as essential as Amazon. From to cleaning supplies, shipments from have become lifelines for many who are steering clear of supermarkets and other physical retail stores. Company executives have likened the surge in demand to the annual holiday shopping crush.But e-commerce isn't the only sector where Amazon is booming. Analysts say its cloud business, Amazon Web Services, faces higher demand as people turn to...WW…

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.Washington, DC (CNN Business)The United States' internet and wireless networks are coming under immense pressure to deliver reliable connectivity as schools and businesses confronting the have shifted their day-to-day operations out of the workplace and into homes, according to industry analysts and government officials."This is going to be an enormous stress test for our communications networks," said Blair Levin, a former Federal Communications Commission chief of staff and author of the agency's 2010...…Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.Washington, DC (CNN Business)The United States' internet and wireless networks are coming under immense pressure to deliver reliable connectivity as schools and businesses confronting the have shifted their day-to-day operations out of the workplace and into homes, according to industry analysts and government officials."This is going to be an enormous stress test for our communications networks," said Blair Levin, a former Federal Communications Commission chief of staff and author of the agency's 2010...WW…

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN Business)The US Department of Defense on Thursday said it wishes to re-evaluate its decision to award the Pentagon's multibillion-dollar cloud contract with Microsoft, signaling a potential victory for Amazon in its protest of the award.The department "wishes to reconsider its award decision in response to the other technical challenges presented by AWS," it said in a court filing, referring to Amazon Web Services. The agency said it does not anticipate needing to discuss the matter with either...…Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. (CNN Business)The US Department of Defense on Thursday said it wishes to re-evaluate its decision to award the Pentagon's multibillion-dollar cloud contract with Microsoft, signaling a potential victory for Amazon in its protest of the award.The department "wishes to reconsider its award decision in response to the other technical challenges presented by AWS," it said in a court filing, referring to Amazon Web Services. The agency said it does not anticipate needing to discuss the matter with either...WW…

Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.Washington, DC (CNN Business)For months leading up to this tax season, a section of the IRS's website advised players of Fortnite, the popular online video game, that their use of in-game virtual currency could be subject to federal taxes.The little-noticed provision, which dated back at least to October according to the cached version of an , appeared to mark the first time the agency has ruled on video game currencies, including Fortnite's V-bucks, purchased with real dollars. By applying the same...…Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.Washington, DC (CNN Business)For months leading up to this tax season, a section of the IRS's website advised players of Fortnite, the popular online video game, that their use of in-game virtual currency could be subject to federal taxes.The little-noticed provision, which dated back at least to October according to the cached version of an , appeared to mark the first time the agency has ruled on video game currencies, including Fortnite's V-bucks, purchased with real dollars. By applying the same...WW…