Business

Mark Zuckerberg
Photo credit: Martin E. Klimek-USA TODAY
April 09, 2018 - 8:39 am
Dylan Byers (CNN Money) -- Facebook CEO Mark Zuckerberg will meet Monday with lawmakers, including members of committees holding hearings this week on the Cambridge Analytica scandal, according to a source familiar with the matter. The company has faced a fierce backlash since news broke last month...
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Facebook home login page on computer screen.
Dreamstime
April 06, 2018 - 5:08 pm
By Heather Kelly (CNN Money) -- Facebook rolled out another big set of changes to its platform on Friday in advance of CEO Mark Zuckerberg's testimony on Capitol Hill next week. The social media company will now begin labeling all political and issue ads, and showing who paid for them, and it will...
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FILE- In this Feb. 17, 2017, file photo, an American flag hangs on the front of the New York Stock Exchange in New York.
(AP Photo/Peter Morgan)
April 06, 2018 - 10:55 am
NEW YORK (AP) — Another increase in trade tensions has stocks reversing course and falling again Friday morning as the U.S. considers an even larger set of tariffs on imports from China. Stocks have tumbled and then climbed this week as investors tried to get a sense of whether a trade dispute...
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Mark Zuckerberg
Photo credit: Martin E. Klimek-USA TODAY
April 04, 2018 - 11:51 am
By Jordan Valinsky (CNN Money) -- Facebook CEO Mark Zuckerberg will testify in front of a Congressional panel on April 11. He's set to appear before the House Energy and Commerce Committee next Wednesday at 10:00 a.m. ET to talk about the "company's use and protection of user data." Reps. Greg...
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Spotify
April 03, 2018 - 4:40 pm
By Seth Fiegerman (CNN Money) -- Apple tried to kill Spotify. Now the streaming music service is worth nearly $30 billion. Spotify opened at $165.90 a share on the New York Stock Exchange Tuesday. The stock later fell below $150 a share. Its Wall Street debut has been closely followed in recent...
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Credit Cards
April 01, 2018 - 2:58 pm
Jackie Wattles (CNN Money) -- Hackers stole information for more than 5 million credit and debit cards used at Saks Fifth Avenue, Saks Off 5th and Lord & Taylor stores. Hudson's Bay Company, which owns the retail chains, confirmed the breach Sunday, and said it has "identified the issue, and...
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Is it time to delete your Facebook account?
CNN File
March 29, 2018 - 2:38 pm
By Kaya Yurieff (CNN Money) -- Is it time to delete your Facebook account? That's the question many of its users are asking in light of revelations that data firm Cambridge Analytica accessed and improperly stored information from millions of users. The hashtag #DeleteFacebook was trending on...
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One analyst thinks Spotify is worth $43.5 billion as a public company
Credit: Spotify
March 29, 2018 - 2:32 pm
By Paul R. La Monica (CNN Money) -- Spotify was valued at about $8.5 billion the last time it raised money from private investors. Now it's about to go public — and one analyst thinks $43.5 billion is more like it. Mark Mahaney of RBC Capital Markets said in a report Thursday that he's bullish on...
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Blockbuster founder Wayne Huizenga has died. He was the only entrepreneur to create three different Fortune 500 companies during his career - Blockbuster video, Waste Management and AutoNation.
Eliot J. Schechter/Getty Images
March 23, 2018 - 5:31 pm
By Chris Isidore (CNN Money) -- Blockbuster founder Wayne Huizenga has died. He was the only entrepreneur to create three different Fortune 500 companies during his career -- Blockbuster video, Waste Management and AutoNation. At one time, Huizenga, 80, had owned three sports teams where he lived...
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