Charter CEO Chris Winfrey has stated that pay-TV customers will likely continue to abandon traditional cable packages as long as 'Big 4' broadcasters demand high retransmission fees.
Dropbox CEO Drew Houston, who started the cloud storage company when he was 24, plans to step down and assume the role of executive chairman.
Meta is scaling back its metaverse focus, cutting studios and head count at Reality Labs to prioritize artificial intelligence.
Based on its post-market trading, Microsoft has become the world's second $4 trillion company following quarterly earnings.
Meta has laid off employees in the company's Reality Labs division that is tasked with developing virtual reality, augmented reality and wearable devices.
More than half of American teens aged 13 to 17 use TikTok, the short-form video social media app owned by ByteDance, a Chinese company.
Earnings reports this week from Meta, Alphabet and Snap showed a solid recovery in the online ad market.
The Federal Communications Commission on Thursday agreed to open a band of spectrum for some forms of wearable devices.
In the case, Gonzalez v. Google, the court said it would "decline to address the application" of Section 230 of the Communications Decency Act.
Meta is betting big on virtual reality as an anchor technology for its metaverse, but VR isn't catching on yet within the mainstream.
Meta is asking consumers to pay more for its headsets as the company pushes its business towards the metaverse.