The New York Times |
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Is IBM a Canary in the Tech Coal Mine?14:50 The company tumbled sharply after previewing quarterly results that were disappointing. It’s not good news for software and tech consulting companies. Oil Prices Tick Higher as U.S. Reinstates Iran Blockade12:09 The United States reinstated its blockade on Iranian ports in the Strait of Hormuz and shipping slowed to a crawl amid the renewed warfare in the critical waterway. A Year After DOGE Cuts, Social Security Is Trying to Stabilize11:05 The agency has been quietly hiring workers again, and its leadership is focused on improving technology to ease workloads left by the departure of about 7,800 staff members. The American E.V. Has Been Crushed. Will It Take the U.S. Auto Industry With It?11:05 The largest U.S. automakers have backed away from electric vehicles, even as global sales are booming. The decision may make them obsolete. From Twitter to X: 20 Years of Memes, Movements and Hot Takes11:05 The first tweets from the public appeared on July 15, 2006, several months after a soft launch. It was rebranded as X after being acquired by Elon Musk. What Trump’s New Iran Blockade Could Mean for Oil Prices10:33 The first blockade in April choked off Iranian exports without causing a lasting price surge. Now global oil reserves are lower, and ships face heightened risks. China’s Chip Champion to Raise Billions in Race for A.I. Control10:02 CXMT, a linchpin in China’s drive to develop homegrown artificial intelligence technology, is aiming to raise nearly $10 billion in a blockbuster public offering in Shanghai. China’s Economy Grows at Slowest Pace in Years6:18 Economic growth of 4.3 percent in the second quarter, versus the same period last year, reflected a broad slump outside of the country’s export-oriented manufacturing might. Tech Investors and Longevity Influencers Back Neko Health’s Mega Round6:18 The health tech start-up co-founded by Spotify’s Daniel Ek is worth billions more after a new $700 million funding round. Data Centers to Add Billions in Power Costs in 13 States4:09 A power auction conducted by a giant grid operator is expected to add $6.3 billion in additional charges to consumers and businesses because of electricity needs of data centers. Public Health Groups Sue F.D.A. Over Flavored E-Cigarette Policy4:09 Executives unhappy with the agency donated and lobbied President Trump directly. Major companies have already begun to prepare and ship new products. Chipotle Is Bringing Its Mexican-Inspired Fast Food to Monterrey, Mexico3:06 The California-based restaurant chain is opening its first location south of the U.S.-Mexico border this week, bringing its bowls and burritos to Monterrey. Trump Flip-Flops on Strait of Hormuz, Creating New Risks for Global Economy2:34 The president now wants Gulf nations to invest in the U.S. in exchange for safe passage. Shipping industry experts worry other nations will follow that lead. Top Tax Official to Leave Trump Administration1:31 Ken Kies, who held two top jobs at the Treasury Department and the I.R.S., is leaving the government. |
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