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Updated: 50 min 44 sec ago

Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever

Thu, 10/31/2024 - 17:35
The Silicon Valley chip maker has struggled to turn around its fortunes after missing opportunities and poor execution.

Apple’s Quarterly Profit Down Because of Tax Payment in Europe

Thu, 10/31/2024 - 17:10
Sales for the iPhone maker were up 4 percent to $94.9 billion. But a $14.4 billion tax bill cut profits that would have topped expectations.

Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion

Thu, 10/31/2024 - 17:10
The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.

Why a Memphis Community Is Fighting Elon Musk’s Supercomputer

Thu, 10/31/2024 - 12:41
Residents say Mr. Musk’s data center for artificial intelligence is compounding their pollution burden and adding stress on the local electrical grid.

Election Falsehoods Take Off on YouTube as It Looks the Other Way

Thu, 10/31/2024 - 05:00
The video site removed 2020 misinformation, fearing real-world harm. Now it’s amplifying and profiting from 2024 falsehoods, researchers said.

Kraken Lays Off 15% of Workers and Names New Co-Chief Executive

Wed, 10/30/2024 - 16:42
The influential cryptocurrency exchange has undergone several reorganizations in recent years.

Meta’s Profit Rises 35 Percent, Even as Spending Spree Continues

Wed, 10/30/2024 - 16:37
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.

Microsoft’s Quarterly Revenue Is Up 16% to $65.6 Billion

Wed, 10/30/2024 - 16:26
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.

Nishad Singh, a Top FTX Executive, Is Given No Prison Time After Cooperation

Wed, 10/30/2024 - 16:23
Mr. Singh, who was a top executive in Sam Bankman-Fried’s business empire, had pleaded guilty to fraud and campaign finance violations that contributed to the collapse of FTX.

Jeff Bezos, Elon Musk and the Billions of Ways to Influence an Election

Wed, 10/30/2024 - 12:41
The world’s richest men have their own rocket fleets, their own media and their own schemes to succeed with Donald J. Trump.

Three Mile Island Is at the Center of Efforts to Expand Nuclear Capacity to Meet Rising Power Demand

Wed, 10/30/2024 - 05:03
The Pennsylvania plant, site of the worst U.S. nuclear energy accident, is at the forefront of efforts to expand nuclear capacity to meet rising electricity demand.

How FTX’s Young Executives Shattered Their Parents

Wed, 10/30/2024 - 05:02
As their children are sentenced for fraud, the parents of FTX’s top leaders have described their disbelief at how the crypto exchange upended their lives.

Alphabet Revenue Jumps 15% to $88.3 Billion

Tue, 10/29/2024 - 16:26
The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations.

Trump Family Members and Biden Aides Among China Hack Targets

Tue, 10/29/2024 - 15:44
Phones used by Jared Kushner and Eric Trump were among those that hackers sought access to as part of a counterintelligence effort carried out by a hacking group associated with China.

G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions

Tue, 10/29/2024 - 12:47
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.

TSMC Chips Ended Up in Devices Made by China’s Huawei Despite U.S. Controls

Tue, 10/29/2024 - 12:43
The U.S. government has tried to keep Chinese companies from obtaining certain advanced technologies, but concerns have been growing that some products may have been routed to Huawei.

How a Data Center Divided a Small Missouri Town

Tue, 10/29/2024 - 09:00
Residents of Peculiar battled developers and some of their local officials to keep a giant data center out of their community.

Elon Musk Bought a Texas Compound for His 11 Kids and Their Mothers

Tue, 10/29/2024 - 05:03
As the billionaire warns of population collapse and the moral obligation to have children, he’s navigating his own complicated family.

How Russia, China and Iran Are Interfering in the Presidential Election

Tue, 10/29/2024 - 00:00
Eight years after Russia interfered in the 2016 presidential election, foreign influence with American voters has grown more sophisticated. That could have outsize consequences in the 2024 race.

No, noncitizens are not voting in droves.

Mon, 10/28/2024 - 23:33
Studies have shown that noncitizen voting is essentially nonexistent in federal elections in the United States.

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