Turo, a car rental start-up in San Francisco, has been trying to go public since 2021. But a volatile stock market in early 2022 delayed its listing. Since then, the company has waited for the right moment. Last week, Turo pulled its listing entirely. “Now is not the right time,” Andre Haddad, the company’s chief … Read more
A Senate committee is investigating whether a prominent cryptocurrency investor violated federal tax law to save hundreds of millions of dollars after he moved to Puerto Rico, a popular offshore tax haven, according to a letter reviewed by The New York Times. Senator Ron Wyden, an Oregon Democrat, sent the letter on Jan. 9 to … Read more
Intel, a fallen Silicon Valley icon trying to restore its reputation as America’s most prominent semiconductor company, is working with the Trump administration on a plan to turn over the operation of its chip-making plants to a giant Taiwanese company. Over the past few months, Frank Yeary, the interim executive chairman of Intel, has spoken … Read more
Elon Musk said in a court filing late Wednesday that he would withdraw his $97.4 billion bid to control OpenAI if the company dropped a longstanding effort to change its corporate structure. Mr. Musk and a consortium of investors had offered on Monday to buy the assets of the nonprofit that controls OpenAI, escalating a … Read more
Google has for years used its popular online services to remind users about cultural events, marking its calendar app with occasions such as Black History Month and Women’s History Month. Last week, some users noticed that the popular app was no longer displaying those observances, as well as a litany of others, prompting an online … Read more
OpenAI’s board of directors on Wednesday questioned the rationale of a $97.4 billion bid from Elon Musk and others to gain control of the high-profile artificial intelligence company. On Monday, a consortium of investors led by Mr. Musk offered to buy the assets of the nonprofit that controls the company, escalating a yearslong feud between … Read more
X has agreed to pay in the range of $10 million to settle a lawsuit brought by President Trump over the 2021 suspension of his account on the social media platform, according to a person briefed on the matter. The company, then known as Twitter, removed Mr. Trump from its platform after the riot at … Read more
Listen to and follow ‘Hard Fork’Apple | Spotify | Amazon | YouTube | iHeartRadio Kevin reports back from the A.I. Action Summit in Paris, where it was full speed ahead toward artificial general intelligence, with a conspicuous lack of action on the safety front. Also, Happy Valentine’s Day! We’re taking a look at A.I. on … Read more
The words “optimal” and “optimize” derive from the Latin “optimus,” or “best,” as in “make the best of things.” Alessio Figalli, a mathematician at the university ETH Zurich, studies optimal transport: the most efficient allocation of starting points to end points. The scope of investigation is wide, including clouds, crystals, bubbles and chatbots. Dr. Figalli, … Read more
Apple and Google restored TikTok to their U.S. app stores on Thursday evening, several weeks after they removed the Chinese-owned video platform to comply with a new law that banned it in the country. Last month, President Trump tried to pause enforcement of the TikTok ban with an executive order. But Apple and Google were … Read more