Microsoft’s profits soared during the first three months of 2021, thanks to ongoing demand for its software and cloud computing services during the pandemic. The company on Tuesday reported fiscal third-quarter profit of $14.8 billion, up 38% from the same period last year. “Over a year into the pandemic, digital adoption curves aren’t slowing down. […]
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Google’s digital advertising network has shifted back into high gear, with its corporate parent reporting profit that more than doubled after an unprecedented setback during the early stages of the pandemic. The robust first-quarter advertising growth announced Tuesday provides the latest sign that advertisers are expecting the economy to roar back to life as more […]
Toyota Motor Corp. has acquired the self-driving division of American ride-hailing company Lyft for $500 million, in a move that underlines the Japanese automaker’s ambitions in that technology. The acquisition, announced Tuesday, was carried out by Woven Planet Holdings, a Toyota subsidiary that began business in January and focuses on innovations and investment in projects […]
Western countries risk losing control of technologies that are key to internet security and economic prosperity to nations like China and Russia if they don’t act to deal with the threat, one of the U.K.’s top spy chiefs warned Friday. “Significant technology leadership is moving east” and causing a conflict of interests and values, Jeremy […]
A very strange thing happened on the internet the day President Joe Biden was sworn in. A shadowy company residing at a shared workspace above a Florida bank announced to the world’s computer networks that it was now managing a colossal, previously idle chunk of the internet owned by the U.S. Department of Defense. That […]
Climate. Climate. Macron. Macron again. Beep. Beep. Beep. Can someone please tell Vladimir Putin he’s on live? Mr. President, Mr. President? And please unmute yourself, Australia Prime Minister Scott Morrison. Just like the rest of us, world leaders are still figuring out the tech side of virtual work, even more than a year into the […]
The growing list of “firsts” for Perseverance Mars Rover, NASA’s newest six-wheeled robot on the Martian surface, includes converting some of the Red Planet’s thin, carbon dioxide-rich atmosphere into oxygen. A toaster-size, experimental instrument aboard Perseverance Mars Rover called the Mars Oxygen In-Situ Resource Utilization Experiment (MOXIE) accomplished the task. The test took place April […]
Amazon is rolling out pay-by-palm technology at some Whole Foods grocery stores near its headquarters to make paying quicker and more convenient. The technology, called Amazon One, lets shoppers scan the palm of their hand and connect it to a credit card or Amazon account. After the initial set up, which Amazon says takes less […]
The Biden administration is taking steps to protect the country’s electricity system from cyberattacks through a new 100-day initiative combining federal government agencies and private industry. The initiative, announced Tuesday by the Energy Department, encourages owners and operators of power plants and electric utilities to improve their capabilities for identifying cyber threats to their networks. […]
Chinese President Xi Jinping on Tuesday called for more equitable management of global affairs and, in an implicit rejection of U.S. dominance, said governments shouldn’t impose rules on others. Xi’s speech at an economic forum comes amid rising tension with China’s neighbors and Washington over its strategic ambitions and demands for a bigger role in […]