Search results for "big tech"

WeWork stock offer comes amid doubtful need for office space

Uncertainty about demand for office space in a global pandemic is a big risk that investors will have to weigh as WeWork makes a second run at a public stock offering. A year after the novel coronavirus turned office towers into ghost towns worldwide, the embattled communal work space company said Friday it would merge […]

How two friends made art history buying a $70M digital work

It took a few minutes for Vignesh Sundaresan and Anand Venkateswaran to realize that they’d parted with $69.3 million for a digital artwork stored in a JPEG file, coincidentally securing their place in art history. “We weren’t sure we won,” said Venkateswaran, describing the nerve-racking final moments of the online auction for a collage of […]

EXPLAINER: California's net neutrality law springs to life

More than three years ago, Trump-era regulators killed federal net neutrality regulations designed to prevent AT&T, Comcast, Verizon and other major internet providers from exploiting their dominance to favor certain services or apps over others. In response, seven states and Puerto Rico enacted their own net neutrality policies. The most expansive effort of this sort […]

CEO says Harry hire is a natural fit, not a publicity stunt

The CEO of BetterUp Inc. said Wednesday that he hired Prince Harry as an executive because of his tenacious advocacy for the kind of mental health services that his firm provides, and the publicity brought by the move is merely a perk. Chief Executive Alexi Robichaux spoke to The Associated Press a day after the […]

Ingenuity Mars helicopter prepares for first historical flight

NASA is targeting no earlier than April 8 for the Ingenuity Mars Helicopter to make the first attempt at powered, controlled flight of an aircraft on another planet. Before the 4-pound (1.8-kilogram) rotorcraft can attempt its first flight, however, both it and its team must meet a series of daunting milestones. Ingenuity remains attached to […]

GameStop lost $215 million in fiscal year; online sales gain

GameStop, the video game retailer at the center of a social-media driven investment frenzy, said it lost $215 million in the 12 months ended Jan. 30 as it dealt with pandemic-related shutdowns and moved to transform itself into a more online-focused company. The company’s latest results, which fell short of Wall Street’s expectations, offered few […]

Facebook working on Instagram for kids under 13

Facebook says it is working on a version of its Instagram app for kids under 13, who are technically not allowed to use the app in its current form due to federal privacy regulations. The company confirmed an earlier report by Buzzfeed News on Friday, saying it is “exploring a parent-controlled experience” on Instagram. The […]

Buttigieg: Biden plan will usher in a new transportation era

Transportation Secretary Pete Buttigieg said Thursday that an infrastructure plan expected soon from President Joe Biden will offer a “once in a century” opportunity to remake transportation in the United States, where cars and highways are no longer king. Speaking at the Austin, Texas-based South by Southwest conference, which is being held virtually this year, […]

Australian police boss suggests app to prove sexual consent

A senior Australian policeman suggested on Thursday a phone app be developed to document sexual consent in a bid to improve conviction rates in sex crime cases. New South Wales state Police Commissioner Mick Fuller said dating apps have brought couples together and the same technology could also provide clarity on the question of consent. […]