Technology
The war on California’s proposed ‘Billionaire’s Tax’ is getting weird. This week, amid ongoing rancor from tech elites over the much maligned bill, it became apparent that someone was planning a so-called “March for Billionaires” in San Francisco. A website advertising the event popped up online, providing little in the way of context other than…
Electric vehicle startup Lucid Motors was scrambling to raise a Series D funding round in 2017. It had courted Ford as a potential investor, but Jia Yueting, the founder of rival EV startup Faraday Future, had quietly amassed around a 30% stake and was essentially blocking new investors. David Stern, a mysterious businessman and close…
The European Commission on Friday accused TikTok of purposefully designing its app for being “addictive,” calling out features such as infinite scroll, autoplay, and push notifications, as well as its recommendation engine. In preliminary findings from an investigation that sought to determine TikTok’s compliance with the European Union’s far-reaching Digital Services Act, the Commission said…
Amazon Web Services ended 2025 with its strongest quarterly growth rate in more than three years. The company reported Thursday that its cloud service business recorded $35.6 billion in revenue in the fourth quarter of 2025. This figure marks a 24% year-on-year increase and the business segment’s largest growth rate in 13 quarters. Annual revenue…
Reddit suggested on Thursday that its AI-powered search engine could be the next big opportunity for its business — not just in terms of product, but also as a revenue driver impacting its bottom line. During the company’s fourth-quarter earnings call on Thursday, it offered an update on its plans to merge traditional and AI…
People without coding backgrounds are discovering that they can build their own custom apps using so-called vibe coding — solutions like Lovable that turn plain-language descriptions into working code. While these prompt-to-code tools can help create nice prototypes, launching them into full-scale production (as this reporter recently discovered) can be tricky without figuring out how…
On Friday, when SpaceX filed plans with the FCC for a million-satellite data center network, you might have thought Elon Musk was having a bit of fun with us. But a week later, it is clear that he is dead serious. The most obvious step, of course, is the formal merger between SpaceX and xAI…
Alphabet-owned YouTube’s subscription and ad revenue is trending upwards. The company on Wednesday said it now has 325 million paying users across Google One and YouTube Premium, up from 300 million three months earlier. YouTube reported ad revenue increased 9% to $11.38 billion in the fourth quarter, but missed analysts’ average estimates of $11.84 billion….
Snap is on a mission to diversify its revenue sources — moving from a business model in which it largely chases ad revenue to one where it can also make money through subscriptions and, eventually, hardware. The company’s latest quarterly earnings report shows that, so far, the firm is having moderate success with that strategy….
Anthropic’s Super Bowl commercial, one of four ads the AI lab dropped on Wednesday, begins with the word “BETRAYAL” splashed boldly across the screen. The camera pans to a man earnestly asking a chatbot (obviously intended to depict ChatGPT) for advice on how to talk to his mom. The bot, portrayed by a blonde woman,…
