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Science and Technology

Sam Bankman-Fried Denies Knowing FTX Money Was Missing, as He Concludes Testimony

Sophie Caldwell

Over and over on Tuesday, Sam Bankman-Fried, the founder of the failed FTX cryptocurrency exchange, denied knowing that billions of dollars in customer money had been misappropriated until shortly before…

Science and Technology

Executive Order on A.I. Tries to Balance Technology’s Potential and Peril

Sophie Caldwell

How do you regulate something that has the potential to both help and harm people, that touches every sector of the economy and that is changing so quickly even the…

Science and Technology

X Says It Is Worth $19 Billion, Down From $44 Billion Last Year

Sophie Caldwell

X, the company formerly known as Twitter, handed out stock grants to employees on Monday that showed it was worth about $19 billion, down about 55 percent from the $44…

Science and Technology

Google C.E.O. Says Tech Giant Has Improved the Web for All Consumers

Sophie Caldwell

As Google’s chief executive, Sundar Pichai, tells it, his company has always been on the side of consumers. It has paid billions to other industry giants, like Apple and Samsung,…

Science and Technology

Meta Will Charge up to €12.99 for Ad-Free Versions of Facebook and Instagram in Europe

Sophie Caldwell

Meta said on Monday that it will introduce an advertisement-free subscription option next month for people who use Facebook or Instagram in Europe.The company said it was complying with “evolving…

Science and Technology

Biden to Issue First Regulations on Artificial Intelligence Systems

Sophie Caldwell

President Biden will issue an executive order on Monday outlining the federal government’s first regulations on artificial intelligence systems. They include requirements that the most advanced A.I. products be tested…