The Latest Breaking News from Jasmine Enberg

For the first time ever, US adults will spend more time this year watching digital video on platforms such as Netflix, TikTok and YouTube than viewing traditional television, Insider Intelligence forecast on Wednesday. In the historic first, the market tracker expects "linear TV" to account for less than half of…

Even as U.S. lawmakers target TikTok, the social media app is morphing into a global giant, taking on Google, Facebook, Snap and others.

Looming layoffs, rising inflation and fears of an impending recession bode ill for companies’ earnings calls next week

For months, the Tesla and SpaceX CEO has expressed interest in creating his own version of China’s WeChat — a “super app” that does video chats, messaging, streaming and payments — for the rest of the world

Snapchat's owner plans to "substantially" slow recruitment after bleak results Thursday wiped 25 percent off the stock price of the tech firm, which is facing difficulties on several fronts. Snap reported that its loss in the recently ended quarter nearly tripled to $422 million despite revenue increasing 13 percent under…

Facebook parent Meta on Wednesday reported better profit than expected in the recently ended quarter, calming investors worried about the toll of competition from TikTok and eased pandemic restrictions. Meta said it made a profit of $7.5 billion on revenue of $27.9 billion in the first three months of this…