A messaging app that opens to your phone’s camera and prioritizes connections with your closest friends. Sound familiar? You may be thinking of Snapchat. But that description also applies to Threads, a new standalone messaging app from Facebook-owned Instagram. Threads is based on Instagram’s “Close Friends” feature, which lets people share posts only with a shortlist of followers they...
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Revenue Soars at Alphabet’s Verily as It Inches Toward Independence

Verily, an Alphabet unit applying data analytics to healthcare, continues to post heavy losses but may be moving closer to gaining independence from Google’s parent company, according to previously undisclosed financial information. Revenue at Verily more than doubled in the first nine months of last year to $470 million from $228 million in the same period of 2021, making it by far the...
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