Dylan Byers
Dylan Byers
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Fox News will be 'loyal opposition' against Biden, Fox CEO says

Fox News will be 'loyal opposition' against Biden, Fox CEO says

IE 11 is not supported. For an optimal experience visit our site on another browser.March 4, 2021, 10:35 PM UTCUpdated March 4, 2021, 10:37 PM UTCBy Dylan ByersFox Corp. CEO Lachlan Murdoch said Thursday it is the job of Fox News to serve as the opposition to the Biden administration, stating clearly the political biases of a network that until 2017 billed itself as "fair and balanced."Speaking at a Morgan Stanley investor conference, Murdoch said Fox News stood to benefit from Biden's presidency because the network would act as "the loyal opposition" to his administration."The main...

Mar 4
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Facebook's 'Oversight Board' overturns four of five cases in first rulings

Facebook's 'Oversight Board' overturns four of five cases in first rulings

IE 11 is not supported. For an optimal experience visit our site on another browser.Jan. 28, 2021, 2:00 PM UTCBy Dylan ByersFacebook's Oversight Board on Thursday issued its first round of decisions, overturning several decisions by the company to remove posts for violating policies on hate speech, violence and other issues.The first-ever rulings, which Facebook has said it will abide by, come in the run-up to a far more consequential decision the board will make in the weeks ahead: Whether to overturn Facebook's decision to in the wake of the Jan. 6 riots in Washington., a group of 20...

Jan 28
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Facebook readies global launch of its TikTok competitor

Facebook readies global launch of its TikTok competitor

Keep Me Logged InKey PointsFacebook will launch Instagram Reels, its answer to TikTok, in the United States and more than 50 other countries in a matter of weeks, according to sources familiar with the matter who were not authorized to speak publicly.The global launch, which has been in the works for over a year, comes as TikTok is facing scrutiny from Washington over its handling of user data and amid larger tensions between the United States and China.Like TikTok, Instagram Reels lets users make and share 15-second video clips set to a vast catalogue of music. Like TikTok, users can also...

July 16, 2020
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Netflix's Reed Hastings and Patty Quillin to donate $120M to Black education

Netflix's Reed Hastings and Patty Quillin to donate $120M to Black education

Reed Hastings has been involved in education reform since the late 1990s, including backing charter schools — a subject that has polarized the education community. Netflix CEO Reed Hastings and his wife, Patty Quillin, on Wednesday announced that they are committing $120 million to the United Negro College Fund and two historically Black colleges as part of the fight for racial justice spurred by the killing of George Floyd. "The times are the most stressed, the most painful, that we’ve ever seen in our lives," Hastings said in an interview Wednesday with MSNBC's Craig Melvin. "But out of...

June 17, 2020
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Time Inc. cuts 300 positions

Time Inc. cuts 300 positions

The move, which President and CEO Richard Battista described as "difficult but necessary," will reduce Time Inc's global staff by 4% and comes as the magazine industry struggles to cope with declines in print circulation. "We are taking a holistic approach to cost-structure reengineering for the whole company," Battista told CNNMoney in an interview. "In commencing that work, we are looking for ways to be more efficient as a company and ways to find more cost savings." Battista said this was the only round of layoffs and buyouts planned for the time being, and that Time Inc. was "always...

June 10, 2017
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Senate suddenly bars reporters from filming senators in Capitol hallways

Senate suddenly bars reporters from filming senators in Capitol hallways

Hours later, however, amid heavy criticism from reporters and several senators, the chairman of the Senate Rules Committee appeared to suspend that decision while his committee reviewed the matter. "As of now, the Rules Committee is simply examining what the rules are," a spokesperson for Republican Sen. Richard Shelby, the chairman of the Committee, told CNNMoney. "While the Rules Committee is reviewing the rules, reporters should continue to operate as they were operating yesterday." Staff members of the Senate Radio and Television Correspondents Gallery had told reporters late Tuesday...

June 14, 2017
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The U.S. wants smartphone location data to fight coronavirus. Privacy advocates are worried.

The U.S. wants smartphone location data to fight coronavirus. Privacy advocates are worried.

Federal health officials say they could use anonymous, aggregated user data collected by the tech companies to map the spread of the virus. The White House and the Centers for Disease Control and Prevention are asking Facebook, Google and other tech giants to give them greater access to Americans' smartphone location data in order to help them combat the spread of the coronavirus, according to four people at companies involved in the discussions who are not authorized to speak about them publicly. Federal health officials say they could use anonymous, aggregated user data collected by the...

March 18, 2020
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