How Regulations Fractured Apple’s App Store

Since introducing the App Store in 2008, Apple has run it largely the same way across 175 countries, right down to the 30 percent commission it has collected on every app sold. The company calls the result an economic miracle. The store has generated more than $1 trillion in sales, helped create more than seven…

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S.E.C. Is Investigating OpenAI Over Its Board’s Actions

The Securities and Exchange Commission began an inquiry into OpenAI soon after the company’s board of directors unexpectedly removed Sam Altman, its chief executive, at the end of last year, three people familiar with the inquiry said. The regulator has sent official requests to OpenAI, the developer of the ChatGPT online chatbot, seeking information about…

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How the Media Industry Keeps Losing the Future

If the career of Roger Fidler has any meaning, it is this: Sometimes, you can see the future coming but get trampled by it anyway. Thirty years ago, Mr. Fidler was a media executive pushing a reassuring vision of the future of newspapers. The digital revolution would liberate news from printing presses, giving people portable…

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Apple Kills Its Electric Car Project

Apple has canceled its plans to release an electric car with self-driving capabilities, a secretive product that had been in the works for nearly a decade. The company on Tuesday told employees in an internal meeting that it had scrapped the project and that members of the group would be shifted to different roles, including…

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