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Billionaire Elon Musk has joined Twitter’s board of directors, a day after it was announced he had become the social media company’s largest shareholder. CEO Parag Agrawal tweeted about the news after Musk’s appointment was made official in an SEC filing. During his two-year term on the board, and shortly thereafter…

Amazon stock rose 7% in after-hours trading after the tech company announced a 20-for-1 stock split and a $10 billion share buyback authorization. The stock finished the regular trading day at $2,785.58, up almost 3% in a stellar session across the board for Wall Street. Shares in the company have been comfortably…

During a virtual product presentation, Apple today unveiled the iPhone 13, which has longer battery life and an improved camera, including “cinematic mode.” The phone’s camera is designed to be more effective at capturing night scenes, capturing about 50% more light than the previous model. The goal, the company said…

Looking to emulate the approach of tech companies’ developer conferences, NBCUniversal has scheduled an event in March it is calling “One21.” The plan is for the gathering (which will be held virtually this year on March 22) to become an annual fixture. It will be a complement to the upfront events traditionally…

EXCLUSIVE: Andrew Sugerman, a former high-level executive at Disney, has been named president of online education specialist Sketchy, and the company has also received a $30 million investment from The Chernin Group. Founded in 2013 by four medical students, Sketchy uses the well-regarded “memory palace” technique to…

Guggenheim Securities analyst Michael Morris has boosted his 12-month price targets for six internet companies he covers, upgraded Snap Inc. and initiated coverage of Pinterest with a buy rating. In a report summarizing the sweeping adjustments Monday, Morris cited an effort to shift analysis of the companies to bring…

Evan Shapiro, a veteran TV executive who is now president of National Lampoon and a college professor, has seen the media, entertainment and technology universe grow increasingly complex. So, in preparing to teach a new class about the business at Fordham this fall, he did what any explorer would: He made a map…

The Nasdaq cracked the 10,000-point mark for the first time Tuesday before cooling off to close at 9,953.75, a gain of 29.1 points for the day. Over the past year, the tech-heavy index has climbed 33%, far outpacing economic growth and downright contradicting the bleak picture of unemployment and collapse over the…

If you’ve ever wanted to zero in on only certain people you want to watch in a YouTube video or a Netflix film or TV show, RealNetworks has a product for you. The tech pioneer, whose technology kicked off the streaming age in 1995, has rolled out two new artificial intelligence tools. One, a browser extension called…

Kanopy, the streaming film service that is free for users through a network of library partnerships, has made two senior management hires and set an expansion plan in Orange County, CA. Google veterans Dave Barney and Chase Rigby have joined the company as Chief Technology Officer and Chief Product Officer…

Already under investigation and review by the Federal Trade Commission and the Department of Justice, tech giants like Facebook, Amazon and Alphabet could soon face similar probes in more than a dozen states. Appearing Tuesday at the the Technology Policy Institute's Aspen Forum (see full video above), DOJ antitrust…

Tim Cook, Apple’s CEO, believes a degree of regulatory scrutiny is “fair” given the company’s sprawling scale, but he insists it is “not a monopoly.” He made the comments to CBS News (see the video below) as Apple unveiled a range of new products and services at its developers conference in San Jose on Monday. On the…