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Meta’s Mark Zuckerberg plans to visit South Korea, scheduling key meetings during the trip, according to a statement by Meta on Wednesday, which did not provide further details. Reportedly, Zuckerberg is anticipated to meet with Samsung Electronics chairman Jay Y. Lee later this month to discuss AI chip supply and other generative AI issues, as per the South Korean newspaper Seoul Economic Daily, citing unnamed sources familiar with the matter.

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Meta said Thursday that it would remove a dedicated section for news articles in April that will affect Facebook users in the United States and Australia.

The social networking giant characterized the decision to shutter the Facebook News tab as “part of an ongoing effort to better align our investments to our products and services people value the most,” according to a corporate blog post.

“As a company, we have to focus our time and resources on things people tell us they want to see more of on the platform, including short form video,” the blog post said. “The number of people using Facebook News in Australia and the U.S. has dropped by over 80% last year.”

Meta’s decision to remove the Facebook News tab comes after the company said in September that it would eliminate the news section for Facebook users in the U.K., France and Germany. It marks another step in Meta’s efforts to distance itself from the news industry following several years of controversies related to how it addresses misinformation and enforces other content-moderation-related policies throughout its family of apps.

Although the social networking company debuted Facebook News in 2019 as a way to “bring people closer to the stories that affect their lives,” it’s been reallocating its resources into short-form video content via its Reels product as it faces competition from the ByteDance-owned TikTok social video app.

Despite Meta shuttering the Facebook News tab in various countries, it said in the blog post that people can still view links to news articles on the core Facebook app and that news publishers will still be able to access their Facebook accounts and Pages, “where they can post links to their stories and direct people to their websites, in the same way any other individual or organization can.”

The update will also not impact any of the existing Facebook News agreements that Meta has with publishers in Australia, France and Germany; the company noted that similar news-related “deals have already expired in the US and the UK,” according to the blog post.

However, Meta said that it “will not enter into new commercial deals for traditional news content in these countries and will not offer new Facebook products specifically for news publishers in the future.”

In 2021, Meta reversed a decision to “restrict publishers and people in Australia from sharing or viewing Australian and international news content” after it reached an agreement with the Australian government over a law that would require tech companies to pay content fees to news outlets.

Meta said that it would “continue to invest in products and services that drive user engagement” and that “News organizations can also still leverage products like Reels and our ads system to reach broader audiences and drive people to their website, where they keep 100% of the revenue derived from outbound links on Facebook.”

Earlier in January, CNBC reported on the detrimental effects to publishers who have seen a massive drop in referral traffic as Meta continues to exit the news distribution business. Last summer, Meta said that Canadian Facebook and Instagram users would no longer be able to access news on Facebook following a disagreement between the company and the Canadian government over its passing of the Online News Act, which requires tech companies like Meta to pay fees to news publishers in the country.

The analytics firm Chartbeat conducted an analysis of 1,930 news and media websites from over 370 companies on behalf of CNBC, which showed that Facebook represented about 33% of these publishers’ overall social traffic as of December 2023. A year ago, Facebook represented about 50% of the media outlets’ social traffic.

A similar study by the analytics company Similarweb also revealed that Facebook referral traffic declined heavily in 2023 for some of the top 100 global news publishers after years of a consistent drop.

Mother Jones CEO Monika Bauerlein said that the nonprofit news publication’s Facebook referrals have declined by 99% since 2017 when publishers were experiencing a massive amount of referrals from the social networking giant. Bauerlein added that while the Facebook page of Mother Jones has amassed more followers than it ever had, users are seeing less of the publication’s news stories that it shares on the app.

“At this point, it seems pretty clear from the comments that executives at Facebook and Meta made that they have just decided that news is more trouble than it’s worth and that they will show people a fairly minimal amount of it,” Bauerlein said at the time.

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Armenian organized crime rings charged with stealing $83 million in Amazon cargo

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Armenian organized crime rings charged with stealing  million in Amazon cargo

The Amazon Prime logo is displayed on Amazon delivery trucks in Richmond, California, June 21, 2023.

Justin Sullivan | Getty Images

Department of Justice officials on Tuesday charged members or associates of an Armenian organized crime ring with stealing more than $83 million worth of cargo from Amazon by posing as legitimate truck drivers and siphoning off goods destined for the company’s warehouses.

Since at least 2021, at least four people linked to the crime ring carried out a scheme across California to steal truckloads of merchandise, ranging from smart TVs and GE icemakers to SharkNinja vacuums and air fryers, the DOJ alleged.

“At present, Amazon is plagued by recurring thefts of its shipments, which is commonly referred to as ‘cargo theft,'” the complaint says.

Amazon has ramped up its efforts to track and shut down fraudulent, deceptive and illegal activities on its sprawling online store. Eliminating stolen goods is particularly challenging. CNBC reported in 2023 that Amazon suspended dozens of third-party merchants it alleged were selling stolen goods, though many of those sellers claimed they were unknowingly caught in the scheme, putting their businesses at risk of survival.

Amazon isn’t the only retailer afflicted by cargo theft. Experts told CNBC cargo theft-related losses are estimated at close to $1 billion or more a year.

In its complaint, the DOJ said the alleged fraudsters operated four transport carriers — AK Transportation, NBA Holdings, Belman Transport and Markos Transportation — that would obtain contracted freight routes from Amazon Relay, an application used by truckers to obtain work, also referred to as loads.

Each trucker is assigned a load for pickup from a manufacturer’s warehouse to be dropped off at an Amazon facility. Instead, the groups would divert from their designated routes, take a portion of the goods off the trucks and resell them or gift them to associates, prosecutors allege.

In some cases, the “self-styled carriers” would complete their deliveries at an Amazon warehouse several days after they were expected to show up, according to the complaint.

DOJ officials seized the alleged fraudsters’ iPhones and found photos and videos of warehouses lined with boxes of crockpots, Keurig coffee machines, keratin shampoo, Weber grills and other goods.

Amazon teams cooperated with DOJ officials in their investigation, including sharing information about the stolen goods, and details of the alleged fraudsters’ accounts on its online marketplace.

Representatives from Amazon didn’t immediately respond to a request for comment.

DOJ officials linked the defendants to a litany of other alleged crimes, including attempted murder, kidnapping, illegal firearm possession and health-care fraud. Several of the 13 defendants are expected to appear in a Los Angeles district court on Tuesday and Wednesday, while one of the defendants appeared in a court in Fort Lauderdale, Florida, on Tuesday and was detained.

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Fortnite approved by Apple, returns to U.S. App Store 5 years after removal

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Fortnite approved by Apple, returns to U.S. App Store 5 years after removal

Thomas Fuller | SOPA Images | Lightrocket | Getty Images

Apple approved the Epic Games title Fortnite on Tuesday, returning the first-person shooter game to the App Store in the U.S., five years after its removal.

Fortnite was kicked off the App Store in 2020 after Epic updated its game over the web to take payments directly, instead of through Apple’s in-app payment mechanism, which takes fees up to 30%. The move angered Apple and kicked off a years-long legal battle.

Last month, Epic scored a victory in court, when a judge ruled that Apple wasn’t allowed to charge a commission when apps link out for payment, or dictate whether the links look like buttons. Epic said last week that it had submitted Fortnite to the U.S. App Store. To return, Fortnite had to pass App Review, Apple’s process in which new apps or updates are reviewed by Apple employees to ensure they work and adhere to the company’s guidelines.

Apple had dragged out its approval process for the app since May 9, when Epic submitted it to Apple. Last week, Epic filed a legal challenge, and on Monday, a judge said that Apple had to explain why Fortnite hadn’t been approved yet or come to a resolution with Epic over the game’s status.

Apple is appealing the latest court order, and looking to get a pause enabling it to roll back changes the company has already made to the App Store in response. An Apple representative didn’t immediately return a request for comment.

Last month’s ruling led major app makers such as Amazon and Spotify to change their apps to accommodate links to buy content. For example, users can now buy Kindle books inside the Kindle app on an iPhone.

Amazon and Spotify were able to update existing apps that had already been approved with changes enabled by last month’s order. After Epic sued Apple, the iPhone maker revoked Epic’s developer account in addition to booting Fortnite.

Epic was able to get a European developer account and now offers Fortnite in Europe through a third-party app store under the Digital Markets Act, which went into effect last year. IPhone users can also play Fortnite through cloud gaming services. But even in Europe, Apple tried to terminate Epic’s account before backing off, Epic said.

The fees that Apple takes from the App Store are an increasingly important part of Apple’s business. They’re reported in Apple’s Services business, which also includes advertising, AppleCare warranties, payments, and subscription offerings such as Apple TV+. Apple reported nearly $27 billion in services revenue during the March quarter.

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Waymo says it reached 10 million robotaxi trips, doubling in five months

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Waymo says it reached 10 million robotaxi trips, doubling in five months

A Waymo self-driving car, seen with a driver, stops at a red light outside the U.S. Capitol in Washington, D.C., on Friday, March 31, 2025.

Bill Clark | CQ-Roll Call, Inc. | Getty Images

Waymo co-CEO Tekedra Mawakana told CNBC on Tuesday that the Alphabet-owned ride-hailing company has reached 10 million trips, doubling in the past five months.

“These are all paid trips, and they represent people who are really integrating Waymo Driver into their everyday lives,” said Mawakana, speaking at the Google I/O developer conference. The 10 million figure includes rides in Austin, Los Angeles, San Francisco and the Phoenix area.

Waymo is delivering more than 250,000 paid robotaxi rides a week, Alphabet said in its April earnings report. On Monday, Waymo said it had won approval to expand its autonomous ride-hailing service to more parts of the San Francisco Bay Area, including San Jose.

The robotaxi company is part of Alphabet’s “Other Bets” unit. Revenue in the overall category fell 9% in the first quarter from a year earlier to $450 million, and operating loss grew from to $1.23 billion from $1.02 billion a year ago.

While those figures include a number of businesses, Mawakana confirmed that Waymo is not yet profitable but that the company is “super focused on building a sustainable business.”

“We’re proving out that it can be a profitable business,” she said. “There’s a path to profitability.”

Waymo faces potential competition from Tesla, which has promised to launch its robotaxi service in Austin next month. Tesla CEO Elon Musk told CNBC on Tuesday that the plan was still on track, and that the company will start with about 10 vehicles and rapidly expand to thousands if the debut goes well with no incidents.

Musk said Tesla aims to bring its robotaxis to Los Angeles and San Francisco following the planned Austin launch. He has previously claimed Tesla’s “generalized” approach to robotaxis is more ambitious than Waymo’s. Tesla primarily relies on camera-based systems and computer vision instead of using sophisticated sensors including lidar and radar in its vehicles.

Mawakana said that Waymo has taken what it views as the “safest path.”

“There’s probably a lot of ways it can be done, but we’re the only ones that have done it,” she said. “We’ve been doing it 24 hours a day for almost five years. And so to us, it’s really important to focus on safety, not focus on safety and then cost — not cost and then safety.”

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