RSS L.A. Times – Technology News
  • Snap has three years to make a profit before it runs out of money April 19, 2019
    In spring 2017, global markets crowned Evan Spiegel the new boy king of tech. At just 26 years old, Spiegel took his photo-message and camera company Snap Inc. public for $24 billion, making it the biggest initial public offering in years. The unprofitable company was valued more highly than Facebook...
    Elaine Moore, Tim Bradshaw
  • Pinterest IPO: Shares soar in their stock-market debut April 18, 2019
    Pinterest Inc. stock soared in its trading debut after the company raised $1.4 billion in the second-biggest U.S. initial public offering of the year. Shares of the digital-scrapbooking company leaped to $24.40 on Thursday, up 28.4% from their IPO price of $19. The closing price gives Pinterest...
    Elizabeth Fournier, Selina Wang
  • Apple and Qualcomm begin a trial that could end their global brawl April 15, 2019
    Apple Inc. and Qualcomm Inc. have spent two years fighting around the globe over how much the chipmaker can charge Apple for iPhones using its patented technology. Neither has landed a decisive blow. That could change with a trial that began Monday in San Diego. For the first time, a federal jury...
    Edvard Pettersson, Mark Gurman
  • As video games make billions, the workers behind them say it’s time to unionize April 12, 2019
    At an industry conference for video game developers in late March, the thousands of lanyarded attendees could try new games, swap business cards and hear from experts on rendering realistic blood spatter. Or they could talk about unionizing. Hundreds joined a series of standing-room-only roundtables...
    Sam Dean
  • Uber's past is still haunting its business April 12, 2019
    Not long ago, Uber Technologies Inc.’s fast-charging, take-no-prisoners approach to growth and regulation was seen as one of its strengths. But as the ride-hailing company prepares for its much-anticipated initial public offering, the consequences of that reputation continue to cast a long shadow...
    Johana Bhuiyan, Suhauna Hussain
  • Yahoo agrees to pay $117.5 million in latest settlement of massive data breach April 10, 2019
    Nearly 200 million people who had sensitive information snatched from their Yahoo accounts would receive two years of free credit-monitoring services and other potential restitution under a legal settlement valued at $117.5 million. The deal revises an earlier agreement that was struck last October...
    Associated Press
  • Hateful YouTube comments slam congressional hearing about online hate April 9, 2019
    A congressional hearing about online hate turned into a vivid demonstration of the problem Tuesday when a YouTube livestream of the proceedings was bombarded with racist and anti-Semitic comments. YouTube disabled the live chat section of the streaming video about 30 minutes into the hearing because...
    Associated Press
  • Britain joins social media crackdown after livestreamed New Zealand attack April 8, 2019
    The United Kingdom joined a growing global backlash against technology companies such as Facebook Inc. and Twitter Inc., proposing fines and bans if social-media platforms fail to curb illegal activity. The government outlined plans for an industry-funded regulator that would police the technology...
    Bloomberg
  • Snap rolls out Snapchat ‘Bitmoji Party’ social games, plus integration into other apps April 4, 2019
    After a dark year, Snap Inc. is letting in some light. Evan Spiegel, Snap’s famously private 28-year-old co-founder and chief executive, took to the stage Thursday to deliver a keynote speech and announce a new suite of products for the company’s disappearing-message app Snapchat — including a...
    Sam Dean
  • Hundreds of millions of Facebook user records exposed on Amazon cloud servers April 3, 2019
    Facebook Inc. user data is still showing up in places it shouldn’t. Researchers at UpGuard, a cybersecurity firm, found troves of user information hiding in plain sight, inadvertently posted publicly on Amazon.com Inc.’s cloud computing servers. The discovery shows that a year after the Cambridge...
    Sarah Frier, Matt Day, Josh Eidelson
  • CIA plans to spend billions on cloud computing with multiple tech giants April 3, 2019
    The CIA is preparing to significantly increase its reliance on cloud-computing services, with plans to solicit tens of billions of dollars of work divided among multiple tech companies. The program would also dramatically expand the federal market for the technology — and give a chance for other...
    Naomi Nix
  • A robot walks into a bar, doesn’t get the joke: struggling to teach humor to AI April 1, 2019
    A robot walks into a bar. It goes CLANG. Alexa and Siri can tell jokes mined from a humor database, but they don’t get them. Linguists and computer scientists say this is something to consider: Humor is what makes humans special. When people try to teach machines what’s funny, the results are at...
    Seth Borenstein
  • U.S. officials plan for a future in which Huawei has a major share of 5G global networks April 1, 2019
    U.S. national security officials are planning for a future in which the Chinese firm Huawei will have a major share of the advanced global telecommunications market, and have begun to think about how to thwart potential espionage and disruptive cyberattacks enabled by interconnected networks. “We...
    Ellen Nakashima, Souad Mekhennet
  • Lyft's public market debut will put its kinder, gentler image under a microscope March 30, 2019
    Lyft has worked hard to build a kinder, gentler image since its founding in 2012, when it was just a small group of drivers in San Francisco with fluffy pink mustaches adorning the grills of their cars. It has offered its contractor workforce free bank accounts, discounted repair services and near-immediate...
    Johana Bhuiyan
  • Lyft IPO: Shares soar in stock-market debut, close up 8.7% March 29, 2019
    Lyft Inc., the No. 2 U.S. ride-hailing giant, soared Friday in its stock-market debut after raising $2.34 billion in an initial public offering that priced at the top of an elevated range. That sends an encouraging signal to the stampede of Silicon Valley companies lining up to go public this year....
    Olivia Zaleski, Eric Newcomer
  • Apple scraps plan for AirPower charging mat — an unprecedented retreat March 29, 2019
    Apple Inc., in an unprecedented retreat, canceled its highly anticipated AirPower wireless charging mat and apologized to customers who were waiting for it. The device, which was intended to allow users to charge an Apple Watch, iPhone and AirPods earphones all at once, was originally announced...
    Mark Gurman
  • HUD accuses Facebook of housing discrimination — and eyes Google and Twitter too March 28, 2019
    The Department of Housing and Urban Development alerted Twitter Inc. and Alphabet Inc.’s Google last year that it is scrutinizing their practices for possible housing discrimination, a sign that more technology companies could be ensnared in a government probe of their lucrative demographic ad...
    Tracy Jan
  • Britain’s spy agency delivers scathing assessment of security risks posed by Huawei March 28, 2019
    The British government on Thursday released a scathing assessment of the security risks that Chinese telecom company Huawei poses to Britain’s telecom networks, as London weighs whether to heed U.S. calls to bar the firm from the next-generation 5G network over fears it will enable spying by the...
    Ellen Nakashima
  • Palantir wins bid to build Army intelligence system March 27, 2019
    The Army has chosen Palantir Technologies to deploy a complex battlefield intelligence system for soldiers, according to Army documents — a significant boost for a company that has attracted a devoted following in national security circles but had struggled to win a major defense contract. Industry...
    Shane Harris
  • Apple-Qualcomm patent spat leads to a possible iPhone import ban March 26, 2019
    Qualcomm Inc. has fired multiple legal shots at Apple Inc., aiming to use patents to get a ban on importing the iPhone. In separate rulings Tuesday, one missed and one hit. The U.S. International Trade Commission on Tuesday invalidated a Qualcomm patent for a battery-saving feature. Earlier in...
    Susan Decker, Ian King