America has been cutting the cord from cable for years. Now Comcast is trying the same
Entertainment giant Comcast is planning to spin off a number of NBCUniversal’s flagship cable properties, including MSNBC, CNBC, USA, Oxygen, Golf Channel, E!, and Syfy — a group of channels that brou...
Investors in flailing social network X might snatch victory from the jaws of defeat
Elon Musk’s acquisition of Twitter was, in a purely financial sense, a bad deal, and everyone ( including Musk! ) knew it was a bad deal. The primary issue was that Musk agreed to pay $54.20 per share...
ByteDance is now worth $300 billion, a fraction of rival Meta, despite growing faster
TikTok’s parent company ByteDance valued itself at $300 billion in a recent buyback offer, marking one of the highest valuations ever for the Chinese tech company, The Wall Street Journal reported ove...
Threads is testing topic feeds that will actually be in chronological order, for once
Threads is testing a “new way to create dedicated feeds for your favorite topics and profiles,” CEO Mark Zuckerberg posted on the Twitter clone today. A Threads spokesperson told The Verge custom fee...
It’s day 1 for Amazon Haul — the tech giant’s answer to Temu and Shein
As the mass at the center of the e-commerce universe, when makes a move, the industry usually follows. But, for once, it’s the online giant looking to catch up with its competition, with the company ...
Now streaming with ads is getting more expensive
When I last looked at streaming subscription prices this summer, it had been getting more expensive to stream without ads, as companies like , , and hoped to push consumers to their lower-cost but of...
Ads are coming to Threads soon
You knew it was going to happen eventually. will be bringing ads to Threads in early 2025, according to a report by The Information. Meta CEO Mark Zuckerberg recently said that Threads has 275 millio...
People are leaving X for Bluesky
Bluesky is currently the most-downloaded free app on the App Store in the US, followed by Threads, as Americans leave X thanks in part to owner Elon Musk’s role in Donald Trump’s election. The day aft...
X just had its biggest exodus to date
X, formerly known as Twitter, just had the highest number of people in the US deactivate their accounts since Elon Musk bought the platform in 2022 and people started threatening to leave it, new data...
What happens to TikTok under Trump?
One of the more interesting stories to watch as Trump prepares to reenter the Oval Office is the fate of TikTok in the United States. In April, President Biden signed a law that would ban Chinese-owne...
Tinder’s paying users just keep running for the exits
is still struggling to attract more users. The company reported a 3% decline in total paying users — which constitutes the majority of its revenue — in the latest quarter, marking its eighth consecuti...
Trump Media does as much business as the average US McDonald’s franchise
After a ridiculously wild day that saw its shares swing from up 18% to finishing down 1.2% , dropped its quarterly earnings report after the close. Breaking: it’s still an awful, money-losing company...
Trump Media halted for volatility as massive gains disappear
Trading in shares of has been halted for volatility three times since 2:48 p.m. ET as its daily gain of as much as 18% evaporated. The stock, which was the most actively traded in the premarket today...
Advertising's inevitable decline turned out to be evitable
A couple years ago, it seemed like the floor was going to fall out of the ad industry, the revenue engine on which much of the internet is built. Indeed, even the big tech companies, which gobbled up ...
Trump Media kicks off election day with huge premarket gains as America’s most popular stock
Even as Monday’s price action included a lot of position squaring on so-called “Trump trades” ahead of the election, shares of posted a big 12.4% gain. That momentum is carrying through to election d...
The slow, steady, frustrating, relentless, remarkable rise of Reddit
Social media is not a new idea. Even Facebook — by now, a senior citizen of the online scene at the ripe old age of 20 — wasn’t the first social network. That badge is typically pinned on SixDegrees.c...
Snacks Mix: Alphabet and McDonald's earnings, how Reddit and Snap are riding the AI wave, and Sherwood's new audio project
Nia Warfield and Jack Raines run through this week’s market maze, with earnings reports from Big Tech and Big Burger, plus some fun social media case studies on AI implementation and a new audio proje...
A timeline of two years of chaos at Elon Musk’s X
This week marks two years since Elon Musk closed on his court-ordered $44 billion purchase of Twitter. To say this has been a chaotic two years for the company is an understatement. Musk’s erratic lea...
How Google makes, and spends, its money
Yesterday, a trio of technology companies — all of which actually derive most of their revenue from advertising — reported earnings. All had good news for their investors. Snap reported that sales had...
Trump’s Truth Social might be worth more than Elon Musk’s X now
Elon Musk, the world’s richest man, has been at a number of Trump rallies recently to promote the former president ahead of next Tuesday’s election. Perhaps while the two are rubbing shoulders, he mig...