Facebook is pulling the plug on its “trending” news section, saying it is working with publishers to test out other ways to display breaking news, including a new dedicated section or a breaking news label. The trending feature, launched in 2014, had highlighted popular news topics on Facebook, but had received significant criticism because it often surfaced so-called “fake news” topics. That’s a...
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True Value Entertainment
Netflix Could Boost U.S. Revenue 21% With Advertising Push
Netflix has spent its entire existence setting the trend for others in video streaming to follow. But as it prepares to launch an ad-supported tier, Netflix executives are pondering a different question: Which rival service should it follow as a model? At one extreme is Disney-controlled Hulu, which runs more ads than most services and therefore generates more money per subscriber, industry...
Didi Global Shareholders Approve U.S. Delisting Plan
Apple Seeks To Reduce China Exposure by Boosting Manufacturing Elsewhere
BitMEX Founder Sentenced to Two Years Probation
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The crypto party was as raucous as ever—and then someone turned on the lights. After a year of record-high token prices and newfound support from legacy financial institutions like Fidelity and BlackRock, reality bit hard the second week of May when the algorithmic stablecoin terraUSD (known as UST) crashed, taking down some $400 billion in crypto market cap with it.