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Facebook's day off: Facebook is having quite a week

Facebook's day off: Facebook is having quite a week

Facebook has had quite a week. On Monday the company's 3 major platforms, Facebook, Instagram and WhatsApp, all went down for 6+ hours. Then a whistleblower, Frances Haugen, testified in front of a Senate Commerce subcommittee, where she did didn't pull any punches.

The outages at the start of the week were a boon for Facebook rivals. Messaging apps like Telegram and Signal surged up the app download rankings, with Telegram's founder claiming 70 million new users on Monday. Snapchat and TikTok also scooped up more screentime, with usage up 23% and 11% respectively. Facebook's stock dropped 5%, only to gain half of its losses back yesterday.

The bigger problem

The technical issues may have been Facebook's longest outage for years, but the damage done is likely to be limited to Monday. That's not quite true for whistleblower Haugen's testimony to the Senate yesterday. She doubled down on her criticism that Facebook is harmful to teen mental health (and knows it), stokes divisions within society and is harmful to democracy.

Zuckerberg answered the age old Facebook prompt "what's on your mind" with a 1300+ word rebuttal of Haugen's main criticisms.

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Apple Store in Shanghai, China

Apple is back in the big time in China

The iPhone maker logged its strongest China sales in years as upgrades and switchers surged.

Tesla To Convert Fremont Car Factory Into It's Optimus Robot Factory

The economics of Tesla the company are still all about cars. The economics of Tesla the stock are not.

The company is ditching some of its EV models as it doubles down on robots, AI, energy, and self-driving.

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Paramount+ wants to look a lot more like TikTok, leaked documents reveal

Larry Ellison’s Oracle just took a 15% stake in TikTok’s US arm. David Ellison’s Paramount streaming service could soon look a lot more like it.

According to leaked documents seen by Business Insider, Paramount+ is planning a big push into short-form, user-generated video in the vein of the addictive feeds of TikTok, Instagram Reels, and YouTube Shorts.

Per Business Insider, the documents reveal that short-form videos are a top priority for the streamer in the first quarter of 2026, and executives are working on adding a personalize feed of clips to the mobile app.

The move would follow similar mobile-centric plans from Disney, which earlier this month announced that it would bring vertical video to Disney+ this year, and Netflix, which during its earnings call said it would revamp its mobile app toward vertical video feeds and expand its short-form video features.

Streamers are increasingly competing for user attention with popular apps. YouTube is regularly the most popular streaming service by time spent.

Per Business Insider, the documents reveal that short-form videos are a top priority for the streamer in the first quarter of 2026, and executives are working on adding a personalize feed of clips to the mobile app.

The move would follow similar mobile-centric plans from Disney, which earlier this month announced that it would bring vertical video to Disney+ this year, and Netflix, which during its earnings call said it would revamp its mobile app toward vertical video feeds and expand its short-form video features.

Streamers are increasingly competing for user attention with popular apps. YouTube is regularly the most popular streaming service by time spent.

The Memorial Tournament presented by Workday - Previews

Starbucks’ CEO, Brian Niccol, made $30.9 million in 2025

That includes $997,392 in expenses related to his use of the company’s private jet.

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