When it comes to the artificial intelligence that powers chatbots like ChatGPT, China lags behind the United States. But when it comes to producing the scientists behind a new generation of humanoid technologies, China is pulling ahead. New research shows that China has by some metrics eclipsed the United States as the biggest producer of…
Shortly after Jonathan Kanter took over the Justice Department’s antitrust division in November 2021, the agency secured an additional $50 million to investigate monopolies, bust criminal cartels and block mergers. To celebrate, Mr. Kanter bought a prop of a giant check, placed it outside his office and wrote on the check’s memo line: “Break ’Em…
Artificial intelligence’s integration into everyday life has stirred up doubts and unsettling questions for many about humanity’s path forward. But in Anguilla, a tiny Caribbean island to the east of Puerto Rico, the A.I. boom has made the country a fortune. The British territory collects a fee from every registration for internet addresses that end…
When it comes to the artificial intelligence that powers chatbots like ChatGPT, China lags behind the United States. But when it comes to producing the scientists behind a new generation of humanoid technologies, China is pulling ahead. New research shows that China has by some metrics eclipsed the United States as the biggest producer of…
Amid debate in Washington over whether TikTok should be banned if its Chinese owner doesn’t sell it, one group is watching with particular interest: the many brands — particularly in the beauty, skin care, fashion, and health and wellness industries — that have used the video app to boost their sales. Youthforia, a makeup brand…
Reddit shares rose 48 percent on Thursday in their first day of trading, in a sign of investor eagerness that set the stage for more tech companies to reach the stock market this year. Shares of the social media company began trading on the New York Stock Exchange at $47 after pricing at $34 on…
For more than a decade, Apple could do almost no wrong. The iPhone made it the world’s most valuable company. The App Store helped launch businesses such as Uber and Airbnb. And the company’s new products made it a player in health, Hollywood and finance. Now, the difficulties are piling up. The Justice Department filed…
The Justice Department and 16 state attorneys general filed an antitrust lawsuit against Apple on Thursday, the federal government’s most significant challenge to the reach and influence of the company that has put iPhones in the hands of more than a billion people. The government argued that Apple violated antitrust laws by preventing other companies…
The internet has not been kind to Condé Nast, the publisher of starry magazines, like Vogue and Vanity Fair, whose fortunes and influence have waned in the digital age. But while the web taketh, it occasionally giveth, too. The Newhouse family, the media dynasty that controls Condé Nast through its holding company, Advance Publications, is…
Reddit on Wednesday priced its shares at $34 for its initial public offering, two people with knowledge of the matter said. The pricing was at the high end of expectations, in a sign of investor demand for growing tech companies. The San Francisco-based social media company had estimated that its shares would be priced at…
