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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 […]

Former Google CEO gives $150M for research in biology, AI

Former Google CEO Eric Schmidt and his wife, Wendy, have given $150 million to a research institute to establish a “new era of biology” aimed at battling diseases with a mix of data and life science studies. The Massachusetts-based Broad Institute of MIT and Harvard will use the funds to build a new center that […]

Clubhouse signs social media sensations the Dobre Brothers

Adding to Clubhouse’s group of creatives, the company signed a deal with the Dobre Brothers which increases the platform’s social reach to 280 million. Clubhouse officially signed the Dobre Brothers, a family of content creators with a global social media following, according to a March 24 media release. The collaboration will officially launch with the […]

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 […]

Italy: Teen in hijab aims to be 'Afro-influencer' on TikTok

In Milan’s chic Victor Emmanuel II Gallery, a spacious mall that would be jammed with shoppers were it not for the pandemic, a young Black woman wearing a violet hijab and matching lipstick propped up her phone and moved her hips to a tinny-sounding beat coming from the device. Aida Diouf Mbengue, 19, was recording […]

Lawmakers press Big Tech CEOs on speech responsibility

The CEOs of tech giants Facebook, Twitter and Google faced a grilling in Congress Thursday as lawmakers tried to draw them into acknowledging their companies’ roles in fueling the January insurrection at the U.S. Capitol and rising COVID-19 vaccine misinformation. In a hearing by the House Energy and Commerce Committee, lawmakers pounded Facebook CEO Mark […]

General says attacks by foreign hackers are 'clarion call'

The U.S. Cyber Command conducted more than two dozen operations aimed at thwarting interference in last November’s presidential election, the general who leads the Pentagon’s cyber force said Thursday. Gen. Paul Nakasone did not describe the nature of the operations in testimony to the Senate Armed Services Committee but said they were designed “to get […]

Recharged: Energy seen as big winner after disastrous 2020

Energy companies spent the first quarter of 2021 recharging from a draining year. Wall Street expects that growth to continue as energy companies and many of the other companies beaten down by the virus benefit from the vaccine push aimed at bringing the pandemic to an end. Marathon Oil, Exxon Mobil and other stocks in […]