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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…

Science and Technology

Amazon Revenue Jumps as Consumer and Business Spending Improves

Sophie Caldwell

Amazon reported solid quarterly sales on Thursday, showing that corporations and consumers are spending as inflation has eased.The company posted $143.1 billion in revenue for the third quarter, up 13…

Science and Technology

As Users Abandon X, Sports Twitter Endures

Sophie Caldwell

Hours after the Texas Rangers beat the Houston Astros on Monday night to advance to the World Series, Adolis García, the Rangers right fielder, posted 29 shushing-face emojis on X,…