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Apple, Other Tech Giants Pressured as Demand Cools
The iPhone maker reported disappointing quarterly results that ended its three-year streak of sales and profit records, capping an earnings season in which the world’s biggest tech companies mostly struggled to shake off a broad slowdown.
22 hours ago - Apple -
Google Parent Alphabet Posts Drop in Ad Revenue Amid Slowdown
CEO Sundar Pichai said the search giant would release some AI models in coming months as the technology hits an “inflection point.”
21 hours ago - Google -
The Unusual Crew Behind Tether, Crypto's Pre-Eminent Stablecoin
A group of four men has controlled 86% of Tether Holdings, a company that operates a stablecoin at the heart of crypto’s alternative financial universe.
Feb. 2, 2023 - Crypto -
Amazon Warns of Period of Slower Growth
The company’s e-commerce services and cloud-computing business are feeling the sting from recession concerns.
21 hours ago - Amazon -
Meta Platforms Shares Surge on Cost Cuts, Stock Buyback
Stock in Facebook’s parent company surged 23%, one of its best days ever, after the company gave an improved revenue forecast.
22 hours ago - Meta -
TikTok Transparency Campaign Echoes Huawei Effort
The Chinese-owned app is opening testing centers and promising access to core technology, similar to largely unsuccessful tactics used by the telecom giant.
Feb. 2, 2023 - Tiktok -
ChatGPT Needs Some Help With Math Assignments
‘Large language models’ supply grammatically correct answers but struggle with calculations.
10 hours ago -
FTC Denies Meta's Bid to Disqualify Chair Khan From Antitrust Suit
The agency’s Democratic commissioners said federal ethics rules don’t require Lina Khan’s disqualification from judging Meta’s proposed acquisition of a virtual-reality company.
Feb. 2, 2023 -
Qualcomm Posts 12% Drop in Sales
The designer of mobile-phone chips gave a muted outlook as it posted a 12% drop in sales, reflecting softness in the global smartphone market.
21 hours ago -
Will Samsung's New Galaxy S23 Get You to Upgrade?
Photography improvements are a priority for Samsung’s three new Galaxy S23 smartphones.
Feb. 1, 2023 -
Twitter to Remove Free API Access in Latest Revenue Push
Elon Musk’s social-media company didn’t say how much it would charge.
Feb. 2, 2023 -
Mark Cuban and Amazon Are Shaking Up Generic Drugs
Lower-cost options are starting to put pressure on middlemen who profit from an opaque business model.
10 hours ago -
Okta to Lay Off 5% of Staff After Pandemic Hiring Spree
The business-software provider will book a $15 million charge as it cuts about 300 jobs.
Feb. 2, 2023 -
The Decline of the Nice-to-Have Economy
Consumers are reining in their spending on pandemic-era luxuries and conveniences, just as investors are doing the same—putting startups in a double bind.
Jan. 28, 2023 -
How a Tiny Bank in a Washington Farming Town Got Tangled Up With FTX
FTX executives discussed using Moonstone bank to offer interest-bearing crypto accounts.
Jan. 31, 2023 -
Robot Pets and VR Headsets Can Curb Older Adults' Loneliness. So Why Don't They?
Social isolation is expected to worsen in the U.S. Tech can be part of the remedy.
Jan. 28, 2023 -
Vast Maya Kingdom Is Revealed in Guatemalan Jungle
Archaeologists discovered a sprawling network of ancient ruins using laser mapping technology.
Jan. 30, 2023 -
FTC Prepares Possible Antitrust Suit Against Amazon
The potential lawsuit could target an array of Amazon’s business practices as anticompetitive, according to people familiar with the matter.
5 hours ago -
DOJ Sues Google, Seeking to Break Up Online Ad Business
The Justice Department’s suit could have major implications for the digital ad industry.
Jan. 24, 2023 - Google -
FAA Pilot-Alert System Breakdown Followed Years of Warnings
U.S. officials have described technology used in its Notice to Air Missions, or Notams, alert system as “failing vintage hardware” that needs replacing.
Jan. 13, 2023 -
Tesla Stock Rallies On Optimistic Outlook From Elon Musk
Shares in the EV maker rose more than 8% after the company struck an upbeat tone about demand and its ability to navigate a potential economic downturn.
Jan. 26, 2023 - Tesla -
Microsoft Plans to Announce Layoffs
With an announcement, which could happen as soon as Wednesday morning, the software giant would join other tech companies that since the start of the new year have trimmed their ranks.
Jan. 17, 2023 - Microsoft -
Elon Musk's Twitter Tries Super Bowl 'Fire Sale' to Win Back Advertisers
In an email touting the deal, Twitter is offering $250,000 in free ad space to advertisers that spend as much on the social-media platform.
6 hours ago - Elon Musk -
TikTok Dealt Blow as Democratic Senator Joins Calls to Ban App
Colorado Sen. Michael Bennet is calling on Apple and Google to bar TikTok from their app stores, saying it is a national security risk.
Feb. 2, 2023 - Tiktok -
Japan, Netherlands Agree to Limit Exports of Chip-Making Equipment to China
The deal with the U.S. advances the Biden administration’s efforts to slow China’s military development by cutting access to advanced technologies.
Jan. 28, 2023 - China