Emerging Tech

Musk’s Boring Company unveils its first high-speed, Tesla-launching tunnel

Almost exactly two years to the day after Elon Musk announced his tunnel construction enterprise the Boring Company, he unveiled the finished first stretch of high-speed tunnel in Hawthorne, California. The 1.14-mile demonstration tunnel, which reportedly cost around $ 10 million to construct, was used to ferry members of the media at speeds of up to […]

Gears & Gadgets

Google isn’t the company that we should have handed the Web over to

Enlarge Aurich Lawson / Getty Images With Microsoft’s decision to end development of its own Web rendering engine and switch to Chromium, control over the Web has functionally been ceded to Google. That’s a worrying turn of events, given the company’s past behavior. Chrome itself has about 72 percent of the desktop-browser market share. Edge […]

Top Stories

Tech Workers Got Paid in Company Stock. They Used It to Agitate for Change.

Supported by Tech Workers Got Paid in Company Stock. They Used It to Agitate for Change. ImageFormer and current Amazon employees who received stock grants have used them to submit a shareholder proposal asking the company to reduce its dependence on fossil fuels.CreditCreditChona Kasinger for The New York Times By Kate Conger Dec. 16, 2018 […]

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One of Amazon's most powerful tools is putting a target on its back, and it could turn into a problem for the company

Jonathan Ernst/ReutersSen. Elizabeth Warren cheers on protestors engaging in a sit-in. Regulators in Europe have zeroed in on a specific part of Amazon‘s business that they say could be anti-competitive. The scrutiny involves the company’s dual role as both a direct retailer – buying goods wholesale and selling them to consumers – and as a […]

Gears & Gadgets

Microsoft (briefly) passed Apple to become the most valuable US company today

Enlarge / Microsoft CEO Satya Nadella. Microsoft For a brief period today, Microsoft achieved greater market value than Apple, which is often called the world’s most valuable company. The temporary shift recalls a long, up-and-down history of a rivalry between the two companies—though they are partners in many areas today. Microsoft reached a market capitalization […]

Mobile

Atari CEO interview — How Rollercoaster Tycoon revival saved the company

When Frederic Chesnais took over the legendary Atari company in 2013, the new owners had about $ 34 million (€30 million) in debt and about $ 1 million in revenue. The Atari brand wasn’t much more than a T-shirt and nostalgia licensing entity. Now, Atari has no debt and $ 20 million in revenue — and […]

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Amazon Marches Closer to Its Goal of Becoming the Everything Company

Amazon Is Closer to Becoming the Everywhere Company It Wants to Be ImageFor Amazon, which is led by Jeff Bezos, the search for a second headquarters appears to have worked out rather nicely.CreditCreditJim Watson/Agence France-Presse — Getty Images By David Streitfeld Nov. 6, 2018 SAN FRANCISCO — What a farce. That was one of the […]

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IBM is reportedly nearing a deal to acquire Red Hat, the software company valued at $20 billion

Joe Scarnici/Stringer IBM is in talks to acquire Red Hat, the open source enterprise software company, according to Bloomberg. It’s unclear how much the deal is worth, though a source tells Business Insider that it’s in the tens of billions of dollars. Red Hat, which is publicly traded, has a market cap of $ 20.5 […]

Emerging Tech

Elon Musk offers free rides through first Boring Company tunnel from December

[embedded content] Elon Musk says the Boring Company’s first test tunnel for its high-speed transit system will open to the public in a matter of months. In a tweet announcing the news, the billionaire entrepreneur said that free rides will be offered to the public on December 11 after a launch event on the previous […]

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Facebook Content Moderator Says Job Gave Her PTSD, Sues Company

Imagine the worst, most traumatic content the internet has to offer. Now imagine a job that inundates you with it all day, every day. Such was the life of Selena Scola, a former Facebook content moderator who, along with 7,500 or so other people, collectively screened around 10 million posts a week. Now, after being […]

Emerging Tech

Elon Musk’s Boring Company turns digging machine into ‘best video game ever’

After witnessing Elon Musk burning down a doobie in a recent podcast show, many people had an “ahh, I geddit now” moment as they suddenly realized how some of the billionaire entrepreneur’s slightly wackier proposals may have come to be. A couple of days after Musk’s brief encounter with the green goddess, a video (below) […]

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Alibaba’s Jack Ma, China’s Richest Man, to Retire From Company He Co-Founded

Alibaba’s Jack Ma, China’s Richest Man, to Retire From Company He Co-Founded ImageJack Ma, co-founder and executive chairman of Alibaba, is stepping down at a time when the Chinese business environment has soured.CreditCreditAmir Cohen/Reuters By Li Yuan Sept. 7, 2018 阅读简体中文版閱讀繁體中文版 HONG KONG — Alibaba’s co-founder and executive chairman, Jack Ma, said he planned to […]

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Peloton’s New Infusion Made It a $4 Billion Company in 6 Years

Peloton’s New Infusion Made It a $ 4 Billion Company in 6 Years ImagePeloton received $ 550 million in new financing, it announced Friday. The fitness company, which has found success selling $ 1,995 stationary bikes and class subscriptions, plans to introduce a treadmill for $ 3,995 in the fall.CreditEthan Miller/Getty Images By Erin Griffith […]

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Have a Cryptocurrency Company? Bermuda, Malta or Gibraltar Wants You

Have a Cryptocurrency Company? Bermuda, Malta or Gibraltar Wants You ImageCreditTyler Comrie By Nathaniel Popper July 29, 2018 SAN FRANCISCO — Hedge funds go to the Cayman Islands to incorporate. Big companies are generally domiciled in Delaware. And online poker companies often set up their bases in Gibraltar and Malta. Now the race is on […]

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From Nazis To Incels: How One Tech Company Helps Hate Groups Thrive

By all standards, the forum Incels.me is a hate group. Littered through well over 1 million messages is a cascade of posts calling for women to be raped, decapitated, stabbed, starved, poisoned, skinned, cannibalized, blinded, mutilated, sodomized, tortured, beaten, burned, enslaved and otherwise brutally killed, simply because they are women. (Unedited excerpts from some of […]