Chris Nassetta, chief executive of Hilton Hotels, who is a Goldman client and longtime friend of Mr. Solomon’s, called him a “genuinely heartfelt, moral, high-quality human being.” Mr. Nassetta added, […]
Apple Inc
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Back to news homeBig Tech Rebounds and Preps for Transformative A.I. Investments
A year ago, the tech industry’s prospects looked bleak. Google’s profit dropped. Shares of Facebook’s parent company, Meta, were in free fall. Business growth at Amazon had slowed to its […]
Biden Administration Unveils Tougher Guidelines on Mergers
The Biden administration’s top antitrust officials unveiled tougher guidelines against tech mergers on Wednesday, signaling their deepening scrutiny of the industry despite recent court losses in their attempts to block […]
As U.S. and Chinese Officials Meet, Businesses Temper Their Hopes
In a meeting in Beijing on Friday, China’s leader, Xi Jinping, traded warm smiles with Bill Gates and praised Mr. Gates as “the first American friend” he had met this […]
Apple Is Stepping Into the Metaverse. Will Anyone Care?
Mark Zuckerberg embraced a digital world known as the metaverse when he said in November 2021 that he was changing his company’s name from Facebook to Meta.A month later, Bill […]
Google’s Photo App Still Can’t Find Gorillas. And Neither Can Apple’s.
Credit…Desiree Rios/The New York TimesEight years after a controversy over Black people being mislabeled as gorillas by image analysis software — and despite big advances in computer vision — tech […]
Hollywood Writers Go on Strike, Halting TV and Film Production
Hollywood’s 15 years of labor peace was shattered Tuesday, as movie and television writers went on strike, bringing many productions to a halt and dealing a blow to an industry that […]
How the S&P 500 is Dominated By Apple and Microsoft
The fate of the S&P 500 index — used by investors as a barometer for the health of corporate America, and cited by presidents as a measure of their handling […]
How Siri, Alexa and Google Assistant Lost the AI Race
On a rainy Tuesday in San Francisco, Apple executives took the stage in a crowded auditorium to unveil the fifth-generation iPhone. The phone, which looked identical to the previous version, […]
The Perils of Working on a C.E.O.’s Pet Project
“We always said it was like a start-up,” Mr. Anderson wrote, “with zero risk if you failed.”The layoffs, which totaled about 18,000 across Amazon, came with a hiring freeze, limiting […]