Amazon starts letting businesses test rebranded Leo satellite service as it plays catchup to Musk’s Starlink

Amazon starts letting businesses test rebranded Leo satellite service as it plays catchup to Musk’s Starlink

A United Launch Alliance Atlas V rocket is shown on its launch pad carrying Amazon’s Project Kuiper internet network satellites as the vehicle is prepared for launch at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, U.S., April 28, 2025. Joe Skipper | Reuters Amazon said Monday it will begin allowing businesses to … Read more

Meta halted internal research suggesting social media harm, court filing alleges

Meta halted internal research suggesting social media harm, court filing alleges

Meta halted internal research that purportedly showed that people who stopped using Facebook became less depressed and anxious, according to a legal filing that was released on Friday. The social media giant was alleged to have initiated the study, dubbed Project Mercury, in late 2019 as a way to help it “explore the impact that … Read more

Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster

Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster

The Amazon Puget Sound Headquarters is pictured on Oct. 28, 2025 in Seattle, Washington. Stephen Brashear | Getty Images Amazon‘s 14,000-plus layoffs announced last month touched almost every piece of the company’s sprawling business, from cloud computing and devices to advertising, retail and grocery stores. But one job category bore the brunt of cuts more … Read more

Meta chief AI scientist Yann LeCun is leaving to create his own startup

Meta chief AI scientist Yann LeCun is leaving to create his own startup

Yann LeCun, known as one of the godfathers of modern artificial intelligence and one of the first AI visionaries to join the company then known as Facebook, is leaving Meta. LuCun said in a LinkedIn post on Wednesday that he plans to create a startup that specializes in a kind of AI technology that researchers … Read more

Cloudflare says outage that hit X, ChatGPT and other sites is resolved

Cloudflare says outage that hit X, ChatGPT and other sites is resolved

Person’s handing hold an iPhone displaying a Cloudflare Error while attempting to access a webpage, during an outage of the Cloudflare service, Lafayette, California, November 18, 2025. Smith Collection/gado | Archive Photos | Getty Images Internet infrastructure company Cloudflare was hit by an outage on Tuesday, knocking several major websites offline for global users. Many … Read more

StubHub stock plummets 21% after company withholds fourth-quarter guidance

StubHub stock plummets 21% after company withholds fourth-quarter guidance

In this photo illustration, the StubHub logo and webpage are displayed on a cell phone and computer monitor on April 17, 2024 in Los Angeles, California.  Mario Tama | Getty Images StubHub‘s stock plummeted 21% on Friday after the company withheld financial guidance for the current quarter, citing a “long-term” focus. StubHub CEO Eric Baker … Read more

StubHub stock tanks 20% as CEO says it is not giving guidance for current quarter

StubHub stock tanks 20% as CEO says it is not giving guidance for current quarter

Eric Baker, co-founder and chief executive office of StubHub Holdings Inc., during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Sept. 17, 2025. Michael Nagle | Bloomberg | Getty Images StubHub shares plunged 20% in extended trading on Thursday after the … Read more

CoreWeave CEO won’t say if Core Scientific caused data center delays, both stocks plunge

CoreWeave CEO won’t say if Core Scientific caused data center delays, both stocks plunge

CoreWeave shares closed down 16% on Tuesday after CEO Mike Intrator addressed delays at a third-party data center developer that hit full-year guidance in its latest earnings report. “Quite frankly, every single part of this quarter went exactly as we planned, except for one delay at a singular data center,” Intrator told CNBC’s “Squawk on the Street” … Read more