Rivian, a fledgling electric vehicle manufacturer, said Thursday that it lost $1.7 billion in the second quarter and estimated that it would make just over 26,000 vehicles this year, about a thousand more than it previously forecast. The company said…
I grind my teeth when the metaphor of “a race” is used in discussions about self-driving vehicle technology. Companies developing computer-piloted car technology, including Tesla, the Chinese company Baidu, and Waymo, a sibling company of Google, are regularly described as…
Little wonder, really, that Issey Miyake was Steve Jobs’s favorite designer. The man behind Mr. Jobs’s personal uniform of black mock turtlenecks, who died on Aug. 5 at age 84, was a pioneer in all sorts of ways — the…
Leaving as billionaires, they have emanated Silicon Valley’s relentless positivity. Pinterest “is just getting started,” Airbnb “is in the best hands it’s ever been in” and Instacart has a “enormous opportunity ahead,” the founders wrote. Both Mr. Mehta and Mr….
The United States has authorized $280 billion in taxpayer money to subsidize rich computer chip companies and invest in technology research for the sake of keeping America strong and innovative. President Biden on Tuesday signed the law, officially known as…
One night last month, on the recommendation of a man known online as Captain K, a small group gathered in an Arizona parking lot and waited in folding chairs, hoping to catch the people they believed were trying to destroy…
Many default settings buried deep inside our technology make us share superfluous amounts of data with tech companies. In my last column, I went over how to shut those off. But not all default settings do sneaky things with our…
The Justice Department has in recent weeks conducted new interviews for its investigation into Google’s ad technology, a sign it may be moving closer to filing its second antitrust case against the company, said three people with knowledge of the…
SAN FRANCISCO — A former Twitter employee was convicted on Tuesday by a jury in federal court of six charges related to accusations that he spied on the company’s users for Saudi Arabia. While at Twitter, Ahmad Abouammo, 44, managed…
Coinbase, the largest cryptocurrency exchange in the United States, reported a 63 percent decline in revenue on Tuesday, as it weathers a broader downturn in the crypto market. The company said revenue for the second quarter was $808 million, down…