Lauren Feiner
Lauren Feiner
Tech policy reporter @CNBC | Most likely to have "just listened to a podcast about that" | Past: @BostonGlobe @PhillyInquirer @Forbes @dailypenn | DM for SignalSource
New York City, NY
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Alphabet rises after earnings beat, announces $25 billion share repurchase

Alphabet rises after earnings beat, announces $25 billion share repurchase

Shares of Google parent company Alphabet rose more than 9% after the company reported second-quarter earnings that beat estimates Thursday. Alphabet said its board of directors approved a repurchase of up to an additional $25 billion of its Class C capital stock. On a call with analysts, CFO Ruth Porat said the capital would be used to support growth and acquisitions and investments. Here are the key numbers: Earnings per share: $14.21 per share, ex-items, vs. $11.30 per share expected, per Refinitiv survey of analysts Revenue: $38.94 billion, vs. $38.15 billion expected, per Refinitiv...

July 26, 2019
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There's a battle over Breitbart on Facebook's new journalism section, and Instagram's boss got involved

There's a battle over Breitbart on Facebook's new journalism section, and Instagram's boss got involved

Instagram chief Adam Mosseri said on Twitter Sunday he doesn’t want Breitbart to be part of Facebook’s new journalism tab, but defended the company’s choice to include it. Mosseri, who has run Facebook-owned Instagram since October of last year, initially responded to a tweet from New York Times opinion writer Charlie Warzel, who shared an article he wrote analyzing Facebook’s inclusion of the far right news outlet in its news product unveiled on Friday. Breitbart, which was previously run by President Donald Trump’s former advisor Steve Bannon, has been accused of defending white...

October 30, 2019
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Both Facebook and Twitter are getting it wrong when it comes to political ads

Both Facebook and Twitter are getting it wrong when it comes to political ads

Twitter and Facebook have both drawn their lines in the sand on political advertising ⁠— or rather, they’ve removed the lines altogether. Taking an approach of all (in the case of Facebook) or nothing (in the case of Twitter), the CEOs of both companies have championed how their decisions will uphold a true and fair democracy. Political ads make up such a tiny fraction of their revenues, both CEOs have said, that this is a matter of principle, not profit. But here’s the subtext: Political advertising matters much less to Twitter than Facebook because political advertisers already leaned...

November 5, 2019
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Verizon recalls 2.5 million hotspot devices due to fire hazard

Verizon recalls 2.5 million hotspot devices due to fire hazard

Key PointsIn this article is recalling 2.5 million hotspot devices after discovering that the lithium ion battery can overheat, creating a fire and burning hazard.The recall impacts Ellipsis Jetpack mobile hotspots imported by Franklin Wireless Corp and sold between April 2017 and March 2021. The affected models are labeled: MHS900L, MHS900LS and MHS900LPP. Verizon the recall Thursday alongside a (CPSC).A Verizon spokesperson said just over 1 million of the recalled devices are currently in use, meaning currently or recently used by customers.According to the recall notice posted by the...

Apr 8
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Mozilla leads push for FCC to reinstate net neutrality

Mozilla leads push for FCC to reinstate net neutrality

Key PointsTech companies led by Mozilla are urging the Federal Communications Commission to swiftly reinstate net neutrality rules stripped away under the Trump administration.In a letter to FCC Acting Chairwoman Jessica Rosenworcel on Friday, , , , Reddit, Vimeo and Wikimedia joined Mozilla, the maker of the Firefox web browser, in calling net neutrality "critical for preserving the internet as a free and open medium that promotes innovation and spurs economic growth."Net neutrality is the idea that internet service providers should not be allowed to favor or throttle service for websites...

Mar 19
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Microsoft and Google spar ahead of antitrust hearing on tech and the future of news

Microsoft and Google spar ahead of antitrust hearing on tech and the future of news

Key Points and sparred Friday over their practices and treatment of news outlets in a battle between antitrust targets of past and present.In his for a hearing before the House Judiciary subcommittee on antitrust Friday, Microsoft President Brad Smith said has made journalism outlets dependent upon its vast array of services, including analytics and advertising tools, while profiting from access to their content. Smith said Google relies on content from these outlets to keep its users engaged, citing his own experience with Microsoft's Bing search engine.Smith said referral traffic from...

Mar 12
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Biden nominates tech critic Lina Khan to the FTC

Biden nominates tech critic Lina Khan to the FTC

Key PointsLina Khan, the noted tech critic whose examination of the antitrust case against sparked a reckoning among enforcers, is President 's pick to become a commissioner at the Federal Trade Commission, the White House announced Monday.If confirmed, Khan would get to vote on important cases involving antitrust and consumer protection at the FTC. That could include a decision on whether to bring an antitrust lawsuit against Amazon, which it has reportedly been investigating, as well as whether to block acquisitions by large companies.The selection has already been roundly cheered by...

Mar 22
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Facebook, Google and Twitter CEOs will make another appearance before Congress in March

Facebook, Google and Twitter CEOs will make another appearance before Congress in March

Key PointsThe CEOs of several big tech companies will again testify before Congress next month, this time to discuss misinformation on their platforms. CEO Mark Zuckerberg, CEO Sundar Pichai and CEO Jack Dorsey will appear before members of the House Energy and Commerce Committee on March 25.In a statement announcing the new hearing, House E&C Committee leaders pointed to false claims about the Covid-19 vaccine and supposed election fraud that has proliferated on social media platforms."For far too long, big tech has failed to acknowledge the role they've played in fomenting and elevating...

Feb 18
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New York Gov. Cuomo asks to buy Covid vaccine directly from Pfizer amid dose shortages

New York Gov. Cuomo asks to buy Covid vaccine directly from Pfizer amid dose shortages

Key PointsNew York Gov. Andrew Cuomo asked CEO Albert Bourla Monday for the ability to buy Covid-19 vaccine doses directly from the company. But the company in a statement said the Department of Health and Human Services would need to approve such a model first.The comes after an alarmingly slow start to the national vaccine rollout, with the country millions of injections short of the Trump administration's initial projections. , the U.S. had distributed more than 31 million doses and administered just over 12 million. Health officials had 20 million Americans by the end of 2020.Cuomo, a...

Jan 18
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U.S. reportedly prepares action against Russia after major cyberattack

U.S. reportedly prepares action against Russia after major cyberattack

Key PointsThe United States is preparing to take action against Russia after concluding it was likely involved in a major cyberattack that affected government systems and domestic companies, reported Sunday. The move comes as the Biden administration begins to grapple with the revelation of another allegedly state-sponsored attack seeming to come from China.The White House confirmed it will take "a mix of actions" in response to the cyberattack from Russia, although it did not provide specifics on when and how it would do so."As we have said, we will be responding to the Solar[W]inds hack...

Mar 8
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