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New York City sues social media platforms over youth mental health crisis
New York City is suing a handful of social media networks, alleging their platforms’ designs exploit young users’ mental health and…
Opinion: Cisco could be a late bloomer in generating big AI revenue
Cisco Systems Inc. gave some more details on the timing of revenue from its anticipated orders related to artificial intelligence, and it looks like the networking…
Elon Musk doubles down on his promise to ditch Delaware. SpaceX is headed for Texas incorporation
SpaceX wants to move its business incorporation location from Delaware to Texas, according to a Wednesday filing to the Texas…
Applovin’s blowout earnings forecast helps send its stock soaring
App-monetization company Applovin Corp. had a strong holiday season that helped power it to better-than-expected results for the latest quarter. Shares surged 17%…
Britain falls into recession
The United Kingdom has slipped into recession, official figures showed Thursday, just months ahead of a general election, derailing…
Cisco Systems’ stock dips on lowered guidance, plan to cut about 4,000 jobs
Cisco Systems Inc. announced a restructuring plan on Wednesday that includes job cuts of 5%, or about 4,200 people, on lower quarterly and fiscal-year guidance.…
Fulton County faces ransomware attack by ‘financially motivated actors,’ but county elections still on track
Officials in Georgia’s Fulton County, which includes parts of Atlanta, said Wednesday that “financially motivated” hackers appeared to…
Fastly’s stock tanks 20% on mixed quarter for cloud-computing company
Fastly Inc.’s stock dropped more than 20% in the extended session Wednesday after the cloud-computing company showed Wall Street a mixed fourth quarter, with…
Red states are big winners of Biden’s landmark laws
Last month, battery recycling company Redwood Materials broke ground on a $3.5 billion battery plant in South Carolina that is…
Correlation between bitcoin and stock market may rise again. It’s all about ETFs.
Welcome back to Distributed Ledger. This is Frances Yue, crypto and markets reporter at MarketWatch. For this installment, I caught up with Eric Chen, co-founder of…