In September 2006, Mark Zuckerberg, the chief executive of Facebook, described what made his social network special. “Facebook is about real connections to actual friends,” he wrote in a company post. Two decades later, that description is at the center of a landmark antitrust trial against Mr. Zuckerberg’s social networking empire, now called Meta, and…
Several weeks after a federal appeals court said Apple would have to loosen its grip on its App Store, Tim Cook, the company’s chief executive, and his top lieutenants debated what to do. For more than a decade, Apple had required apps to use the App Store payment system and collected a 30 percent commission…
“I have rarely read a judge who is so obviously angry at a tech company.” Source link
In recent days, iPhone apps have been changing. The Kindle app now lets people buy books directly from its site. Spotify is offering users free trials. And Patreon, a subscription service, is letting people pay creators more money. The changes are an early look at how a recent court ruling could transform the shopping experience…
For the past three weeks, the Justice Department and Google have questioned more than two dozen witnesses to try to sway a federal judge’s decision over how to address the company’s illegal monopoly in internet search. On Friday, that hearing in the U.S. District Court for the District of Columbia is expected to conclude. To…
Elon Musk’s artificial intelligence start-up, xAI, is in talks to raise new financing that could value it at as much as $120 billion, up from $80 billion little more than a month ago, two people with knowledge of the discussions said. The talks are in the early stages, and xAI’s valuation could rise or fall…
Donald Trump is the face of these cuts, but the cruelty of his administration is not the only story. After leaping upward in the 2000s, global giving for health grew very slowly through the 2010s. The culture of philanthropy has changed somewhat, too, with the age of the Giving Pledge — in which hundreds of…
OpenAI said late Wednesday that it hired Fidji Simo, the chief executive of Instacart, to take on a new role running the artificial intelligence company’s business and operations teams. In a blog post, Sam Altman, OpenAI’s chief executive, said he would remain in charge as the head of the company. But Ms. Simo’s appointment as…
Uber appears to be powering through the tumult of the global economy, despite fears that consumers are skimping on rides and deliveries. The company said on Wednesday that it had $11.5 billion in revenue in its most recent quarter, up 14 percent from a year earlier and slightly below Wall Street investors’ expectations. Its total…
Artificial intelligence software has given editing tools a huge boost in power, far beyond the spell-checkers and grammar aids of yore. A.I. can proofread, rewrite, summarize and compose text, making it simple to craft clean, complex documents in a flash — even on a smartphone. If you haven’t dabbled yet, free offerings from Apple and…
