Young people are becoming more and more interested in cryptocurrencies

0’s Pippa Stevens brings you the top business news headlines of the day. On today’s show, CNBC’s Courtney Reagan breaks up Piper Sandler’s “Taking Stock with Teens” poll. In addition, the Facebook whistleblower testified a day after a massive social network failure on Capitol Hill.

Facebook has apologized for the mass outage that resulted in billions of users unable to access Facebook, Instagram, WhatsApp and Messenger for several hours.

“To all the people and companies around the world who depend on us, we apologize for the inconvenience caused by today’s failure of our platforms,” ​​said Santosh Janardhan, vice president of infrastructure for Facebook, in a late blog post Monday.

The outage that prevented users from updating their feeds or sending messages was caused by “configuration changes to the backbone routers,” Janardhan said, without specifying exactly what the changes were.

The changes created “issues” disrupting the flow of traffic between routers in Facebook’s data centers around the world, he added.

“This disruption in network traffic had a cascading effect on the way our data centers communicate and brought our services to a standstill,” said Janardhan.

When the senators absorbed Tuesday’s testimony from the Facebook whistleblower leaked the company’s internal research to reporters, they requested to hear from the person in charge.

Frances Haugen, a former product manager at Facebook, told a Senate subcommittee that the company is repeatedly prioritizing profits over user safety. Haugen said she felt compelled to report because “almost no one outside of Facebook knows what’s going on inside Facebook”.

There is one person in the company who knows more than anyone: CEO Mark Zuckerberg. But on Sunday, when “60 Minutes” was about to broadcast Haugen’s first press interview as an exposed whistleblower, Zuckerberg released a video showing him sailing with his wife Priscilla Chan.

A federal court in San Francisco ruled that Tesla must pay a former worker, Owen Diaz, around $ 137 million after suffering racist abuse while working for the company, his lawyers told CNBC on Monday. The jury awarded their client more than attorneys asked, including $ 130 million in punitive damages and $ 6.9 million for emotional distress.

Bloomberg first reported on the decision.

Diaz, a former contract worker hired through a recruitment agency at Elon Musk’s electric vehicle company in 2015, found himself in a hostile work environment where, he told the court, coworkers used nicknames to denigrate him and other black workers. go back to Africa “and left racist graffiti on the toilets and a racist drawing in his work area.


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