Facebook shares drop after site outage and whistleblower interview

The founder and CEO of Facebook Mark Zuckerberg speaks during the 56th Munich Security Conference in Munich, southern Germany, on February 15, 2020. Christof Stache | AFP | Getty Images Shortly before noon ET, Facebook’s main app experienced an outage, as did its Instagram and WhatsApp services. They remained offline as of market close. “We’re […]

Abu Dhabi-controlled GlobalFoundries files for IPO amid chip shortage

GlobalFoundries campus in Malta, N.Y. Mary Thompson | CNBC GlobalFoundries, the world’s third-largest semiconductor foundry, is headed for a U.S. IPO, as the Abu-Dhabi-owned company bolsters investments in its U.S. manufacturing sites. GlobalFoundries said Monday in its Securities and Exchange Commission prospectus that Mubadala, a United Arab Emirates state investment fund, will list its shares […]

Facebook workers lose access to internal tools during 6-hour outage

Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters Facebook employees and contractors complained Monday that they were unable to log on to their work accounts during the company’s worst service outage since 2008. The outage, which lasted six hours Monday, […]

Facebook, Instagram and WhatsApp back online

Facebook, Instagram and WhatsApp are once again accessible, more than six hours after users first reported a major outage that took the services offline Monday. The outage was caused by “configuration changes on the backbone routers,” Facebook’s VP of infrastructure, Santosh Janardhan, said in a blogpost late Monday. Some of the services are not yet […]

Unique design but short battery life

Microsoft’s Surface Laptop Studio has a display you can tilt easily. Microsoft Microsoft’s Surface Laptop Studio launches Tuesday and I’ve been using it for the past several days. It’s more practical than the Surface Book it replaces in Microsoft’s family of laptops, but it’s still not perfect. The Surface Laptop Studio, which starts at $1,600, […]

Alphabet’s DeepMind A.I. lab turns a profit for the first time ever

DeepMind CEO Demis Hassabis at a 2017 event in China. Source: Alphabet LONDON — DeepMind, one of the world’s premier artificial intelligence labs, has turned a profit for the first time ever, according to a filing with the U.K. company registry published Tuesday. The London-based research firm recorded a profit of £43.8 million ($59.6 million) […]

Amazon Air founder’s start-up Pandion raises $30 million

Scott Ruffin, founder and CEO of Pandion Pandion In late 2014, Scott Ruffin was deep in the trenches of Amazon’s logistics operation, when he was tapped to solve a major problem. The company was relying on air cargo partners to haul its packages across the country, but needed more space to meet its rapid growth. […]

Facebook whistleblower testifies before Senate committee

Facebook whistleblower Frances Haugen told a Senate panel Tuesday that Congress must intervene to solve the “crisis” created by her former employer’s products. The former Facebook product manager for civic misinformation told lawmakers that Facebook’s algorithm could steer young users from something relatively innocuous like healthy recipes to content promoting anorexia in a short period […]

Watch Facebook whistleblower Frances Haugen’s Senate testimony

Facebook whistleblower Frances Haugen, who leaked internal company investigations to both The Wall Street Journal and U.S. Congress, will testify before a Senate subcommittee Tuesday. You can read about the most important moments from the hearing here. Recent investigations from the Journal revealed that the company’s executives understood the negative impacts of Instagram among younger […]