In 2012, when Facebook chief executive Mark Zuckerberg cut a $1 billion check to buy the photo-sharing app Instagram, most people thought he had lost his marbles. “A billion dollars of money?” joked Jon Stewart, then the host of The Daily Show. “For a thing that kind of ruins your pictures?” Mr. Stewart called the…
The Federal Trade Commission on Monday accused Meta of creating a monopoly that squelched competition by buying start-ups that stood in its way, kicking off a landmark antitrust trial that could dismantle a social media empire that has transformed how the world connects online. In a packed courtroom in the U.S. District Court of the…
After a Honduran immigrant arrived in the United States in 2022, officials ordered him to use a government-issued app as part of an immigration surveillance program. At least once a week, the immigrant, a former police officer in Honduras who was living in Louisiana, would take a selfie through the facial-recognition powered app to confirm…
During a 24-hour swing through Copenhagen last month, Eric Slesinger met with engineers making maritime drones, developers of war-planning software and an adviser to NATO. He had recently visited London for a dinner with a senior British intelligence official and would soon head to the Arctic to learn about the technologies that could handle extreme…
Seven years ago, Mark Zuckerberg, the chief executive of Meta, testified for the first time in Congress. After a two-week boot camp by his lawyers to prep him, he answered questions in three back-to-back-to-back hearings over two days in a baptism by fire. Mr. Zuckerberg, 40, has had even more practice since then. He has…
President Trump last week issued executive orders designed to revive the use of coal in power plants, a practice that has been steadily declining for more than a decade. But the effort is likely to fail, energy experts said, because the fossil fuel faces some critical hurdles. The power that coal plants produce typically can’t…
Soon after Mark Zuckerberg co-founded Facebook in his Harvard dorm room in 2004, the social network skyrocketed in popularity. Roughly a decade later, the company experienced another round of explosive growth after buying its smaller rivals Instagram and WhatsApp, cementing its place in social media. On Monday, Judge James Boasberg of the U.S. District Court…
The Trump administration isn’t letting up on the tech giants. On Monday, the Federal Trade Commission will face off with Meta in court over claims that the social media giant snuffed out nascent competitors when it bought Instagram and WhatsApp. And on April 21, the Justice Department will argue that a federal judge should force…
After more than a week of ratcheting up tariffs on products imported from China, the Trump administration issued a rule late Friday that spared smartphones, computers, semiconductors and other electronics from some of the fees, in a significant break for tech companies like Apple and Dell and the prices of iPhones and other consumer electronics….
Even before President Trump’s tariffs threatened to upend Apple’s manufacturing business in China, the company’s struggle to make new products was leading some people inside its lavish Silicon Valley headquarters to wonder whether the company had somehow lost its magic. The tariffs, which were introduced April 2, caused Apple to lose $773 billion in market…