social media

Tech stocks just had their worst two-week stretch since the start of the pandemic

Tech stocks just had their worst two-week stretch since the start of the pandemic

Pedestrians pass by the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images What started as a rebound in the third quarter turned into a flop for tech investors. The Nasdaq fell 5.1% this week after losing 5.5% the previous week. This marks the worst two-week period for the tech-heavy index since it …

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Why deleting something from the Internet is "almost impossible" |  CNN Business

Why deleting something from the Internet is “almost impossible” | CNN Business

CNN Business — Most people can live their digital lives assuming they can delete their posts, messages, and personal data from the services whenever they want. But a technical hearing this week challenged that fundamental assumption. Peiter “Mudge” Zatko, Twitter’s former security chief, told a Senate committee on Tuesday that the social network does not …

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The $20 billion deal with Figma is a historic blow for startup investors in an otherwise miserable year

The $20 billion deal with Figma is a historic blow for startup investors in an otherwise miserable year

Adobe is paying 2021 prices. It’s 2022. Wall Street hates him. Silicon Valley is thrilled. In a year that has featured exactly no high-tech IPOs and far more headlines about mass layoffs than big funding rounds, Adobe’s acquisition of Figma for $20 billion on Thursday is what some might call a narrative violation. There were …

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