When the University of Maryland-Baltimore County basketball team pulled off the greatest upset in NCAA history, player Nolan Gerrity had the perfect metaphor for what he was feeling. “It’s like your first Fortnite victory, honestly,” he told reporters. For those out of the know, it was a…
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Spotify will make its highly anticipated Wall Street debut on Tuesday, potentially raising billions for company employees and existing investors, and luring some Silicon Valley heavy weights to follow them onto the public markets. Spotify's market debut, however, will be unusual. The streaming service, which will trade under the symbol SPOT,…
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If you appreciate my work and want to contribute to independent media, consider becoming a monthly Patron, or visit the Support Page. Event Note: I’ll be part of an excellent Bitcoin panel in Denver on April 25th. If you’re in the area or want to be, it’d be great to meet some…
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In a 2016 employee memo that was leaked this week, a Facebook executive defended the company's questionable data mining practices and championed the growth of social media at any cost — apparently even death. “Maybe it costs a life by exposing someone to bullies,” company vice president Andrew Bosworth wrote in the memo, according to BuzzFeed…
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SpaceX has received official permission from the U.S. government to launch a fleet of satellites designed to beam high-speed Internet signals down to earth. The decision marks a major milestone for chief executive Elon Musk as he pursues a dream of putting 12,000 small satellites into low-earth…
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The athletic wear company disclosed Thursday that data tied to its fitness app was breached earlier this year, affecting 150 million user accounts. The stolen information included usernames, email addresses and encrypted passwords, the company said. Under Armour said that the breach occurred in February and that…
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Facebook was for years a best friend to the data brokers who make hundreds of millions of dollars a year gathering and selling Americans' personal information. Now, the world's largest social network is souring that relationship — a sign that the company believes it has overshadowed their data-gathering machine.  Facebook…
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Federal officials sought to lay the groundwork Thursday for a key argument in its historic antitrust case against AT&T and Time Warner, attempting to show how the $85 billion megamerger could lead to sharp subscriber declines among AT&T's rivals in the TV business. Cable companies and other TV providers…
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Facebook is making it simpler for people to control how their data is used after a massive privacy scandal has shaken the company and caused its stock price to drop 15 percent. In the coming months, privacy controls that are now in 20 places on Facebook’s app…
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Facebook has signaled that CEO Mark Zuckerberg will testify before Congress by discussing the details of the appearance with lawmakers, according to a person familiar with the conversations. Three congressional committees have invited Zuckerberg to testify, including the Senate Judiciary Committee at an April 10 meeting about…
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