The wireless merger still faces opposition from a coalition of state attorneys general, who argue the deal is bad for competition. The companies won’t merge while litigation persists.
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‘As Seen on Tiktok' is the New ‘As Seen on TV'
Near the Twizzlers and Sour Patch Kids at a New York candy store are fruit-shaped soft jelly candies that earned a spot on the shelves because they went viral on TikTok.
FACEBOOK PLANS TO HIRE 10,000 IN EUROPE TO BUILD ‘METAVERSE'
Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise concerns about privacy and the social platform gaining more control over people’s online lives.
COMPANY BEHIND TETHER ‘TOKEN' FINED $41M BY US REGULATORS
The company behind a digital token called Tether has agreed to pay $41 million to settle charges that it misled investors by claiming the token was fully backed at all times by U.S. dollars and other fiat currencies
SENATOR ASKS FACEBOOK CEO TO TESTIFY ON INSTAGRAM AND KIDS
The senator leading a probe of Facebook’s Instagram and its impact on young people is asking Facebook CEO Mark Zuckerberg to testify before the panel that has heard farreaching criticisms from a former employee of the company.
RIGHT ON CUE: NBA FINDS HIGH TECH OPTION FOR VIRUS TESTING
If so inclined, an NBA player could now test himself for the coronavirus and get results on his phone in no more than 20 minutes.
TESLA HITS RECORD PROFIT DESPITE PARTS SHORTAGE, SHIP DELAYS
Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history.
NETFLIX POSTS HIGHER 3Q EARNINGS, SOLID SUBSCRIBER GROWTH
Netflix posted sharply higher third-quarter earnings thanks to a stronger slate of titles, including “Squid Game,” the dystopian survival drama from South Korea that the company says became its biggest-ever TV show.
VIRGINIA EXPECTS $2B IN PUBLIC-PRIVATE BROADBAND FUNDING
Virginia has received a record number of local and private sector applications to match state investments in broadband connectivity and the state expects more than $2 billion in total broadband funding, Gov. Ralph Northam announced this week.
TRUMP ANNOUNCES LAUNCH OF HIS VERY OWN SOCIAL MEDIA SITE
Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President Donald Trump said this week he’s launching a new media company with its own social media platform.
WORKERS FED UP WITH NIGHTS, WEEKENDS SEEK FLEXIBLE SCHEDULES
After struggling to hire workers for its outlet store in Dallas, Balsam Hill finally opened on Sept. 1. But the very next day, the online purveyor of high-end artificial holiday trees was forced to close after four of its five workers quit.