Author: Eldin Yovlz

Apple believes the future success of the iPhone depends on the availability of new artificial intelligence features. But tensions between Washington and Beijing may cripple the tech giant’s plans to deliver A.I. in its second-most-important market, China. In recent months, the White House and congressional officials have been scrutinizing Apple’s plan to strike a deal with Alibaba to make the Chinese company’s A.I. available on iPhones in China, three people familiar with the deliberations said. They are concerned that the deal would help a Chinese company improve its artificial intelligence abilities, broaden the reach of Chinese chatbots with censorship limits…

Individuals and small business have been paying more for power in recent years, and their electricity rates may climb higher still. That’s because the cost of the power plants, transmission lines and other equipment that utilities need to serve data centers, factories and other large users of electricity is likely to be spread to everybody who uses electricity, according to a new report. The report by Wood MacKenzie, an energy research firm, examined 20 large power users. In almost all of those cases, the firm found, the money that large energy users paid to electric utilities would not be enough…

Marks & Spencer has revealed that some personal customer data was stolen in the recent cyber attack, which could include telephone numbers, home addresses and dates of birth. The High Street giant said the personal information taken could also include online order histories, but added the data theft did not include useable payment or card details, or any account passwords. M&S was hit by the cyber attack three weeks ago and is struggling to get services back to normal, with online orders still suspended. The retailer said customers would be prompted to reset account passwords “for extra peace of mind”.…

In March, after a steep decline in Tesla’s share price, Elon Musk told employees, “Hang on to your stock.” The chair of Tesla’s board, Robyn Denholm, has not heeded his advice. Ms. Denholm has made $198 million in the past six months selling Tesla stock that she earned for serving on the board, according to a New York Times analysis of securities filings. That brings her total profit on the sale of Tesla stock to more than $530 million since becoming the board’s leader in late 2018, far more than her peers have made at the most valuable U.S. companies…

We all know that familiar feeling of dread: setting our alarm clocks for Monday morning on Sunday evening, or even earlier in the day knowing your weekend of fun has come to an end. But HubSpot CEO Yamini Rangan knows no such feeling, she said in an episode of The Grit podcast published last week. That’s because she uses Sundays as her own personal work day. “I’m not scared of Sundays. I enjoy it because it’s my time,” said Rangan, who helms the $34 billion software company. “I get to decide what I’m learning, what I’m doing, what I’m thinking, what I’m writing. It…

Elizabeth Holmes is in prison for defrauding investors through her blood-testing company, Theranos. In the meantime, her partner is starting one of his own. Billy Evans, who has two children with Ms. Holmes, is trying to raise money for a company that describes itself as “the future of diagnostics” and “a radically new approach to health testing,” according to marketing materials reviewed by The New York Times. If that sounds familiar, it’s because Theranos similarly aimed to revolutionize diagnostic testing. The Silicon Valley start-up captured the world’s attention by claiming, falsely as it turned out, to have developed a blood-testing…

President Donald Trump will rescind a set of Biden-era curbs meant to keep advanced technology out of the hands of foreign adversaries but that has been panned by tech giants. The move could have sweeping impacts on the global distribution of critical AI chips, as well as which companies profit from the new technology and America’s position as a world leader in artificial intelligence. “I vocally opposed this rule for months, and indeed, the ranking member and I together urge the Biden administration not to adopt it, and I’m very pleased that President Trump has now confirmed he plans to rescind it,”…

India’s government has ordered officials to carry out civil defense drills in much of the country on Wednesday as it prepares for a potential military conflict with Pakistan, its neighbor and archrival. Tensions between the nuclear-armed countries, which have fought several wars, have escalated since a terror attack late last month killed 26 people in the India-controlled part of Kashmir, the Himalayan region long-disputed between the two neighbors. India accuses Pakistan of being involved in the terror attack, which Pakistan denies. India has been making a case for carrying out military strikes on what it calls havens for terrorists in…

The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout from President Trump’s trade war, which has weakened consumer confidence and pushed oil prices down. U.S. crude prices slipped below $60 a barrel this week, a threshold below which many companies cannot make money drilling new wells. Crude oil is now about $20 a barrel cheaper than it was just before Mr. Trump took office. Not only is oil fetching less, companies are paying more for steel and other materials because of tariffs the president has imposed. There…

A retrial is set to begin Monday for Sarah Palin’s libel lawsuit claiming The New York Times libeled her in an editorial eight years ago. The onetime Republican vice presidential candidate and ex-governor of Alaska gets another chance to prove to a federal jury that the newspaper defamed her with the 2017 editorial falsely linking her campaign rhetoric to a mass shooting. Palin said it damaged her reputation and career. The Times has acknowledged the editorial was inaccurate but said it quickly corrected an “honest mistake.” The trial, expected to last a week, comes after the 2nd U.S. Circuit Court…