WIRED

Business, Spoken

Get in-depth coverage of current and future trends in technology, and how they are shaping business, entertainment, communications, science, politics, and society.

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WIRED

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Business

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Latest episode

Sep 4, 2024

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Episodes

Patreon Makes a Move as Tech Giants Encroach on Its Territory 13.08.2018

Patreon, the membership platform that helps online creators make a living, announced Wednesday that it has acquired Memberful, another membership service that caters to larger creators including Gimlet Media and Stratechery. Though they operate in the same, growing field, Memberful and Patreon don't consider themselves direct competitors, and Patreon says that for now, the Memberful platform will...

Maybe MoviePass Shouldn't Compare Itself to Uber 10.08.2018

On Monday, MoviePass announced yet another entirely new model for subscribers. After announcing that it would be raising prices and limiting options for users of its all-you-can-eat movie theater subscription service, they reversed course. Now, users will be able to enjoy three movies per month, with limited restrictions on releases, for the same $9.95 that previously got them all of the movies th...

Viral Political Ads May Not Be As Persuasive As You Think 10.08.2018

When a political ad goes viral on Facebook, conventional wisdom holds that it was a success. After all, the Golden Rule of advertising in the digital age is simple: Engagement is good. It’s good for Facebook, too. The more time users spend watching, commenting, clicking, and sharing on its platform, the more money the company makes. Little wonder, then, that Facebook allows advertisers to test whi...

When Bots Teach Themselves to Cheat 09.08.2018

Once upon a time, a bot deep in a game of tic-tac-toe figured out that making improbable moves caused its bot opponent to crash. Smart. Also sassy. Moments when experimental bots go rogue—some would call it cheating—are not typically celebrated in scientific papers or press releases. Most AI researchers strive to avoid them, but a select few document and study these bugs in the hopes of revealing...

The Strange David and Goliath Saga of Radio Frequencies 09.08.2018

The email blast from the head of my son and daughter’s theater group relayed a frantic plea: “We need to raise $16,000 before the upcoming spring performances,” Anya Wallach, the executive director of Random Farms Kids’ Theater, in Westchester, New York, wrote in late May. If the money didn’t materialize in time, she warned, there could be a serious problem with the shows: nobody would hear the ac...

Inside Magic Leap’s Quest To Remake Itself As An Ordinary Company (With a Real Product) 08.08.2018

In retrospect, Magic Leap CEO Rony Abovitz realizes that all the hype was a big mistake. “I think we were arrogant,” he says. It’s nearly 11 pm on a Monday night in late July, and we are in the back room of an Italian restaurant not far from the Fort Lauderdale beach. It’s a place he often takes visitors who make the trek from Los Angeles or San Francisco to Mickey Mouse’s Florida homeland for a d...

Why Big Tech's Fight Against InfoWars Is Unwinnable 08.08.2018

Early Monday morning, Apple pulled several podcasts associated with notorious conspiracy theorist and protein powder peddler Alex Jones from the iTunes store. The decision opened the floodgates to a wave of suspensions that continued throughout the day. First came Facebook, which said it unpublished four pages affiliated with Jones after receiving new reports over the weekend that videos on those...

The One Telecom Group That Does Support Net Neutrality 07.08.2018

The battle lines over net neutrality are firmly drawn. On one side are internet advocacy groups, large tech companies, and most Democrats. On the other are free-market adherents, telecom companies, and most Republicans. Then there’s Charles "Chip" Pickering, a conservative Republican former member of Congress and CEO of a telecommunications-industry group called Incompas. He supports net neutralit...

Google Faces Hurdles in China Beyond Censorship 06.08.2018

In April, the founder of multibillion dollar Chinese startup Bytedance made a striking public statement. “Our product took the wrong path, and content appeared that was incommensurate with socialist core values,” Zhang Yiming said, in a message widely distributed by state-controlled media. He pledged that Bytedance would work harder to “promote positive energy and to grasp correct guidance of publ...

So Apple Is Worth $1 Trillion. Now Comes the Hard Part 06.08.2018

So it finally happened. Apple announced stellar quarterly earnings; investors liked them; the stock rose; and Apple became the first US company to surpass $1 trillion in market value. In our love for big numbers, that made it a big story. WIRED Opinion About Zachary Karabell is a WIRED Contributor and president of River Twice Research. Never mind that if you adjust for inflation and go global, App...

Using Artificial Intelligence to Fix Wikipedia's Gender Problem 03.08.2018

Miriam Adelson is an accomplished physician who’s published around a hundred research papers on the physiology and treatment of addiction, and runs a high-profile substance-abuse clinic in Las Vegas. She’s also publisher of Israel’s largest newspaper, and, with her billionaire husband Sheldon, a philanthropist and influential Republican party donor. Yet Wikipedia does not have an entry for her. Le...

China’s Numbers Force Google to Recalculate Its Morals 03.08.2018

In 2010, Google made a moral calculus. The company had been censoring search results in China at the behest of the Communist government since launching there in 2006. But after a sophisticated phishing attack to gain access to the Gmail accounts of Chinese human rights activists, Google decided to stop censoring results, even though it cost the company access to the lucrative Chinese market. Learn...

FCC Offers Small ISPs a Boost, but a Bigger Setback Looms 02.08.2018

Small internet providers expect a helping hand from the Federal Communications Commission Thursday, a move that could spur competition and perhaps lower prices. But the commission is also considering a more sweeping proposal that would hurt upstarts to the benefit of industry giants like AT&T. Both issues revolve around how much access upstarts should have to facilities and equipment owned by thei...

Playing Monopoly: What Zuck Can Learn From Bill Gates 02.08.2018

Pop quiz: What tech mogul dropped out of Harvard after two years to found a tech company that conquered the world? If you answered Mark Zuckerberg, congratulations! You are correct. And if you answered Bill Gates, congratulations: You are also correct! And the interesting thing is, it’s not just Harvard. The more you compare the two, the more similar they seem. It’s as if they were cloned from the...

Despite Pledging Openness, Companies Rush to Patent AI Tech 01.08.2018

At Google’s cloud computing conference in San Francisco last week, CEO Sundar Pichai mused on his company’s commitment to openness, and artificial intelligence. “We create open platforms and share our technology because it helps new ideas get out faster,” Pichai said. Then he namechecked TensorFlow, the machine learning software Google developed and uses internally. The company open sourced the co...

UK Group Threatens to Sue Facebook Over Cambridge Analytica 31.07.2018

Lawyers for a group of UK residents whose Facebook data was harvested by Cambridge Analytica are now threatening to sue for damages. In a 27-page letter served to the company Tuesday, they accuse Facebook of violating British data privacy regulations. The letter before claim, as it's called, is the first step in the UK's legal process for filing a class action suit. Learn more about your ad choice...

Trump’s ‘Shadow Banning’ Claim Isn’t Twitter’s Worst Problem 30.07.2018

There’s a not so subtle irony to the President of the United States tweeting that Twitter is suppressing prominent conservative voices in America---and almost instantly receiving tens of thousands of likes, retweets, and replies. But such are the times. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Airbnb’s Slow-Moving Mission to Win Over African Americans 30.07.2018

A year ago today, Airbnb announced a wise move designed to to increase the company’s presence in black neighborhoods: a partnership with the NAACP. By the time the press release crossed the wires, the move was a long time coming. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Office-Messaging Wars Are Over. Slack Has Won. 27.07.2018

Last September, the software company Atlassian launched a new workplace chat app called Stride, aimed squarely at taking on the similar app Slack. “We’ve been thrilled by the excitement we’ve seen from the tens of thousands of teams who have adopted it as their communication platform,” the company gushed in a March blog post. Now, less than a year after the launch, Atlassian is pulling the plug on...

Is the US Leaning Red or Blue? It All Depends on Your Map 27.07.2018

On May 11, 2017, a reporter named Trey Yingst, who covers the White House for the conservative news network OANN, tweeted a photo of a framed map of the United States being carried into the West Wing. The map depicted the 2016 election results county-by-county, as a blanket of red, marked with flecks of blue and peachy pink along the West Coast and a thin snake of blue extending from the northeast...

Happy Birthday to Us! WIRED Turns 25 26.07.2018

Your house is full of Amazon Alexas streaming Spotify; in the car, you pull up YouTube on your phone to play "Everything Is Awesome" (again!) for the kids. SoundCloud rocks. When was the last time you bought music on any physical medium? But back in the old days, music barely existed online. "Downloading music required people to search for websites where songs were posted. Most were unreliable. Li...

Google Glass Is Back–Now With Artificial Intelligence 26.07.2018

Google Glass lives—and it’s getting smarter. On Tuesday, Israeli software company Plataine demonstrated a new app for the face-mounted gadget that understands spoken language and offers spoken responses. Plataine’s app is aimed at manufacturing workers. Think of an Amazon Alexa for the factory floor. The app points to a future where Glass is enhanced with artificial intelligence, making it more fu...

Ro Khanna Says Silicon Valley Libertarianism Is Dead 25.07.2018

In “The Political Education of Silicon Valley,” which appears in the August issue of WIRED, Steven Johnson looks at the changing political worldview of the tech sector, a shift from the libertarianism of the 1990s to a more progressive, pro-government outlook today. One of the exemplars of that transformation is Ro Khanna, who was elected in 2016 to represent California’s 17th congressional distri...

What Problems? Facebook Stock Has Never Been More Valuable 25.07.2018

Few companies in the history of business have been pilloried like Facebook in the last two years. The list of offenses, largely self inflicted, reads like a rap sheet. It ignored its growing role in media and politics. It dismissed fake news as unimportant. It let fake accounts proliferate. It was too slow to find and shut down foreign hackers and spies. It allowed third parties to download and se...

How Americans Wound Up on Twitter's List of Russian Bots 24.07.2018

If you followed Rebecca Hirschfeld’s @Beckster319 account on Twitter in the weeks leading up to the 2016 election, you would have seen that she’s an actress, an obsessed fan of David Bowie, not so much of Donald Trump, and will eat anything pumpkin flavored. Around the same time, if you looked at Markiya Franklin’s @internalmemer account, you’d figure she supports Black Lives Matter and is a dieha...

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