Zuckerberg Defends Facebook Cryptocurrency Project to House Committee
WASHINGTON — Mark Zuckerberg, Facebook’s chief executive, returned to the hot seat on Wednesday to defend a cryptocurrency project that has become the latest target of criticism from lawmakers...
View ArticleMicrosoft Rides Cloud to a 21% Increase in Profits
SEATTLE — Microsoft doesn’t have an iPhone. It isn’t the Everything Store. It isn’t a verb for “search.” But it sure is good at making money. The company reported earnings Wednesday afternoon, and...
View ArticleTesla Reports Profit for Quarter, Sending Shares Soaring
Tesla surprised Wall Street on Wednesday by reporting $143 million in net income in the third quarter as cost reductions more than offset a slight decline in revenue. The electric-car maker said it...
View ArticleTwitter Stock Plunges After Earnings Are Worse Than Expected
Twitter posted worse-than-expected third quarter revenue and profit on Thursday, which the company attributed to advertising problems that included product bugs and unusually low demand over the...
View ArticleAlways Building, From the Garage to Her Company
This article is part of a new series on Visionaries. The New York Times selected people from all over the world who are pushing the boundaries of their fields, from science and technology to culture...
View ArticleAmazon Earnings: Profit Falls Sharply as Company Buys Growth
SEATTLE — Amazon is back in the business of buying growth. The company has been investing heavily to keep its giant core businesses growing at the expense of profits. For its retail business, that...
View Article16 Useful Gems in Apple’s New iOS 13
Every September, Apple offers the world a new update of its iOS software for iPhones. This year’s version, iOS 13, didn’t exactly have a graceful landing; since its release in September, Apple has...
View Article‘It’s Definitely Pretty Empty’: Why Saving WeWork Will Be Hard
In a statement, a WeWork executive said that given enough time, his company’s prime office spaces would be successful. “Location and market maturity play a significant role in driving building...
View ArticleFacebook Calls Truce With Publishers as It Unveils Facebook News
SAN FRANCISCO — Facebook and the publishing industry have long been frenemies: Occasionally they teamed up, but mostly they competed. Now the two sides have formed an uneasy truce. Facebook on Friday...
View ArticleThe Week in Tech: Google’s Quantum Leap
The Intelligence Committee’s Sensitive Compartmented Information Facility, better known as SCIF, is supposed to be one of the last secure enclaves on Capitol Hill. By taking cellphones in, the...
View ArticleDon Valentine, Founder of Sequoia Capital, Is Dead at 87
Don Valentine, a venture capitalist who founded Sequoia Capital, a Silicon Valley venture capital firm that helped cement the area’s rise as a technology hub, died on Friday in Woodside, Calif. He was...
View ArticleThis Week in Business: Zuckerberg Gets Grilled, and Boeing Goes from Bad to...
Allow us to interrupt your candy corn munching to bring you the week’s top stories in business and tech, including more fallout at Boeing and Mark Zuckerberg’s awkward visit to Washington. What’s...
View Article‘Silicon Valley,’ Darker Than Ever, Captures the Bleak Mood of Tech
So, yes, “Silicon Valley” is still a comedy. And in mining tech primarily for humor rather than dread, I suspect it will be the last show of its kind at least for some time. Newer takes on the...
View ArticleDisney Is New to Streaming, but Its Marketing Is Unmatched
LOS ANGELES — Tom Bergeron, the host of the ABC reality show “Dancing With the Stars,” looked into the camera at the start of a recent Disney-themed episode and made a forceful sales pitch. Disney...
View ArticleThe Advertising Industry Has a Problem: People Hate Ads
In the predigital days, advertising agencies were ruled by swaggering creative directors who gorged on lavish client contracts and sometimes created campaigns that set the cultural agenda and...
View ArticleDissent Erupts at Facebook Over Hands-Off Stance on Political Ads
SAN FRANCISCO — The letter was aimed at Mark Zuckerberg, Facebook’s chief executive, and his top lieutenants. It decried the social network’s recent decision to let politicians post any claims they...
View ArticleF.C.C. Plans Vote to Restrict Huawei and ZTE Purchases
The Federal Communications Commission will vote in November on whether to bar cellular providers from using government subsidies to buy equipment from Huawei and ZTE, two Chinese companies, because of...
View ArticleGoogle, in Rare Stumble, Posts 23% Decline in Profit
SEATTLE — Alphabet, the parent company of Google, said on Monday that its quarterly profit fell 23 percent after it sharply increased spending, in a rare financial stumble by the tech giant. Alphabet...
View ArticleCalifornia Blackouts Hit Cellphone Service, Fraying a Lifeline
California’s recent power shut-offs, meant to reduce the risk of potentially catastrophic fires, have had an unwelcome side effect. The blackouts have also cut power to many cellphone towers, blocking...
View Article‘OK Boomer’ Marks the End of Friendly Generational Relations
Now it’s war: Gen Z has finally snapped over climate change and financial inequality. Source link
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