Category Archives: Technology

Even as He Faces Prison Time, Binance’s Founder Plans a Comeback

He enjoyed a home-cooked dinner in Montana with a former U.S. senator. He visited Telluride, Colo., and Moab, Utah, a vacation spot known for its national parks. And he chatted about start-ups with Sam Altman, the chief executive of OpenAI. After pleading guilty to a money-laundering violation in November, Changpeng Zhao, the founder of the […]

Tensions Rise in Silicon Valley Over Sales of Start-Up Stocks

Sohail Prasad, an entrepreneur, launched a fund in March called the Destiny Tech100. The fund owns shares in hot tech start-ups like the payments firm Stripe, the rocket maker SpaceX and the artificial intelligence company OpenAI. Few people get the chance to invest in these privately held companies since their shares are not openly traded. […]

Killer Asteroid Hunters Spot 27,500 Overlooked Space Rocks

A couple of years ago, a team of researchers dedicated to finding killer asteroids before they kill us came up with a neat trick. Instead of scanning the skies with telescopes for asteroids, the scientists wrote an algorithm that sifts through old pictures of the night sky, discovering about 100 asteroids that had been overlooked […]

Binance Founder Sentenced to 4 Months in Prison

Changpeng Zhao, the billionaire founder of the giant cryptocurrency exchange Binance, was sentenced on Tuesday to four months in prison, a much lighter penalty than other crypto executives have faced since the industry imploded in 2022. Mr. Zhao pleaded guilty last year to a money-laundering violation, acknowledging that his company allowed terrorist groups and other […]

Amazon Reports $143.3 Billion in Revenue for First Quarter of 2024

Amazon reported its highest first-quarter profit on Tuesday as it continued to wring efficiencies out of its retail business and recharge growth in its cloud computing operations. The company was also for the first time on track to have $100 billion in annual cloud computing sales. The company had $143.3 billion in revenue in the […]

Tesla Fires Charger Team Amid Hundreds of Layoffs

Elon Musk has gutted the part of Tesla responsible for building electric vehicle charging stations, sowing uncertainty about the future of the largest and most reliable U.S. charging network. The layoffs of about 500 Tesla employees, which many of them posted about on social media on Tuesday, raised questions about deals that Mr. Musk, Tesla’s […]

Meta and Google Are Betting on AI Voice Assistants. Will They Take Off?

A pair of glasses from Meta shoots a picture when you say, “Hey, Meta, take a photo.” A miniature computer that clips to your shirt, the Ai Pin, translates foreign languages into your native tongue. An artificially intelligent screen features a virtual assistant that you talk to through a microphone. Last year, OpenAI updated its […]

Google Antitrust Trial Concludes With Closing Arguments

The biggest U.S. challenge so far to the vast power of today’s tech giants is nearing its conclusion. Starting Thursday, lawyers for the Justice Department, state attorneys general and Google delivered their final arguments in a yearslong case — U.S. et al. v. Google — over whether the tech giant broke federal antitrust laws to […]

U.K. bans generic passwords over cybersecurity concerns. Should Canada be next? – National

The United Kingdom has introduced a new law that bans generic passwords on smart devices in order to protect consumers from cyber attacks. Experts say Canada should adopt similar measures, as the pressing issue of cybersecurity continues to grow. The new law officially came into effect on Monday with the purpose of protecting consumers from […]