AMAZON ENTERS PREMIUM ART-DISPLAY TV MARKET
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Amazon is launching a high-end television designed to blend into home décor as framed art when not in use, directly challenging Samsung's dominance in the category. The company also released a new $35 streaming stick.
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Stripe and private equity firm Advent International have jointly offered $60.50 per share to acquire PayPal, representing a 28% premium to Tuesday's closing price and valuing the payments company at over $53 billion.
X's product head Nikita Bier acknowledged Monday that a broken algorithm stripped visibility from posts shared among mutual followers, making the platform feel combative. The company says it's implementing a fix to boost content distribution among connected users.
Microsoft's latest patch Tuesday brings new update flexibility to Windows 11, allowing users to pause updates for up to 35 days and repeatedly extend the deadline.
The UK government plans to implement an overnight curfew on social media apps for 16- and 17-year-olds by default. The proposal also requires platforms to disable addictive features like auto-play and infinite scroll.