Twitter whistleblower testifies of serious security flaws to Senate

Peiter “Mudge” Zatko, former head of security at Twitter, testifies before the Senate Judiciary Committee on data security at Twitter, on Capitol Hill, September 13, 2022 in Washington, DC.  Kevin Dietsch | Getty Images Twitter’s former security chief Peiter “Mudge” Zatko testified to a Senate panel on Tuesday that his former employer prioritized profits over … Read more

Comcast and Charter may need new focus as broadband growth stalls

Brian Roberts, CEO of Comcast (L), and Tom Rutledge, chief executive officer of Charter Communications Drew Angerer | Getty Images Comcast and Charter, the two largest U.S. cable companies, have a broadband growth problem. As tens of millions of Americans canceled their cable TV subscriptions in the past decade, the cable industry focused on the … Read more

Snap, American Express, Verizon, Seagate and more

Signage for Snap Inc., parent company of Snapchat, adorns the front of the New York Stock Exchange, March 2, 2017 in New York City. Getty Images Check out the companies making headlines in midday trading. American Express — Shares of the credit card company climbed 2.9% as growth in travel and entertainment spending helped American … Read more

Earnings could be an even bigger catalyst for stocks after the market’s wild ride on rate fears

Traders on the floor of the NYSE, July 12, 2022. Source: NYSE Investors are likely to switch their focus to earnings season, after the market’s wild ride on rising and falling expectations for Federal Reserve rate hikes. Stocks were volatile in the past week. The three major indexes posted sharp gains Friday, after worries the … Read more

Warren Buffett’s Berkshire Hathaway reveals new stakes in Paramount, Citigroup

OMAHA, Neb. — Warren Buffett’s company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. But Buffett had already shared the biggest investments with Berkshire Hathaway BRK.A, -0.16% BRK.B, -0.34% shareholders at the company’s recent annual meeting. That means investors already knew that … Read more

Why did the stock market fall? Dow finishes nearly 1,000 points lower in worst day since October 2020

U.S. stocks fell sharply on Friday to suffer their biggest one-day drop since 2020, as investors continued to weigh hawkish comments on interest rates a day earlier by Federal Reserve Chairman Jerome Powell, as well as a fresh batch of corporate earnings that largely disappointed. How did stocks trade? The Dow Jones Industrial Average DJIA, … Read more

The Court of Appeals affirms California’s right to enforce the law of net neutrality

Protesters march past FCC headquarters ahead of the commission’s meeting on net neutrality on May 15, 2014 in Washington, DC. Bill O’Leary The Washington Post | Getty Images A federal appeals court upheld a lower court ruling Friday that allows California to continue enforcing its net neutrality law. The decision means a powerful state backbencher … Read more