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Facebook Employees Found a Simple Way To Tackle Misinformation. They ‘Deprioritized’ It After Meeting With Mark Zuckerberg, Documents Show

In May 2019, a video purporting to show House Speaker Nancy Pelosi inebriated, slurring her words as she gave a speech at a public event, went viral on Facebook. In reality, somebody had slowed the footage down to 75% of its original speed. On one Facebook page alone, the doctored video received more than 3…

Elon Musk Sells $1.1 Billion in Tesla Stock After Twitter Poll

Musk exercised 2.15 million in stock options. He subsequently sold 934,000 shares to collect about $1.1 billion

Electric Truck Maker Rivian Zooms Ahead of Ford With $86 Billion Value After IPO

Rivian has so far delivered about 150 of its electric pickup trucks to customers, mostly employees

Prince Harry Says He Warned Twitter CEO of U.S. Capitol Riot

Britain’s Prince Harry has sharply attacked the failure of social media companies to challenge hate online, revealing that he warned the chief executive of Twitter ahead of the Jan. 6 Capitol riots that the site was being used to stage political unrest. Harry made the comments Tuesday in an online panel on misinformation in California.…

Why Exactly 310 of Robinhood’s 7 Million Cyber-Attack Victims Should Be Worried

Robinhood Markets Inc. announced on Monday an embarrassing security breach that exposed the personal information of millions of its users, which will be of particular concern to the 300 or so customers who suffered the worst privacy compromise. Most of the 7 million affected accounts had only one piece of personal information exposed: either the…

Elon Musk’s Net Worth Has Plunged $50 Billion in 2 Days

Despite the slump, Musk’s fortune is still up 70% this year thanks to Tesla’s gains and a higher valuation for SpaceX

Everything to Know About Rivian, the Next Electric Vehicle Darling

This week, electric vehicle maker Rivian is expected to throw its hat in the ring with a major IPO that could affect both the EV landscape and the way the world’s largest online retailer gets its packages to your door. Rivian has already raised around $11 billion in private capital, with the majority arriving in…

Inside the Earnest Parties at the First Major NFT Conference

At NFT.NYC, the crypto world showed off its wealth—and set its stake in the culture

The Work of Critical Race Theory Falls on Employers Now

For many companies, serving new and changing markets is a matter of survival that starts with internal cultural change.

The World’s Cryptocurrency Is Now Worth More Than $3 Trillion

The little more than a decade old market for digital assets has already roughly quadrupled from its 2020 year-end value

SoftBank Returns to Familiar Strategy After Portfolio Losses

A decline in the value of SoftBank Group's portfolio companies led to a record loss in its Vision Fund investment unit

After Barclays CEO’s Departure, Here Are Some of the Other Business Executives Linked to Jeffrey Epstein

Jes Staley is one of the few high profile executives to lose his job due to links with the late sex offender Jeffrey Epstein.
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