Teens are increasingly interested in cryptocurrencies – .

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Teens are increasingly interested in cryptocurrencies – .


Pippa Stevens of CNBC.com brings you today’s top business news headlines. On today’s show, CNBC’s Courtney Reagan breaks down Piper Sandler’s “Taking Stock with Teens” investigation. Additionally, Facebook’s whistleblower testifies on Capitol Hill a day after a massive social media outage.

Facebook has apologized for the massive outage that prevented billions of users from accessing Facebook, Instagram, WhatsApp and Messenger for several hours.
“To all the people and businesses around the world who depend on us, we are sorry for the inconvenience caused by today’s outage to our platforms,” said Santosh Janardhan, vice president of infrastructure for Facebook, in a comment. Monday night blog post.

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

The changes caused “problems” that interrupted the flow of traffic between routers in Facebook’s data centers around the world, he added.

“This disruption in network traffic has had a cascading effect on the way our data centers communicate, shutting down our services,” Janardhan said.

As senators absorbed Tuesday’s testimony from Facebook’s whistleblower, who leaked the company’s internal research to reporters, they demanded to hear from the person responsible.
Before a Senate subcommittee, Frances Haugen, former product manager at Facebook, said the company has repeatedly prioritized profits over user safety. Haugen said she felt compelled to come forward because “hardly anyone 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, as “60 Minutes” was due to air Haugen’s first press interview as an unmasked whistleblower, Zuckerberg released a video that showed him sailing with his wife, Priscilla Chan.

A federal court in San Francisco has ruled that Tesla should pay ex-worker Owen Diaz around $ 137 million after he suffered racist abuse while working for the company, his lawyers told CNBC on Monday. The jury awarded more than the lawyers sought for their client, including $ 130 million in punitive damages and $ 6.9 million for emotional distress.

Bloomberg first reported on the decision.

Diaz, a former contractor who was hired at Elon Musk’s electric vehicle business through a recruiting agency in 2015, faced a hostile work environment in which he said in court, colleagues used epithets to denigrate him and other black workers, told him to “go back to Africa” ​​and left racist graffiti in the toilets and a racist cartoon in his workspace.

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