Business, Spoken

The bitcoin Hodlers, ICO hustlers, and Lambo-owning crypto millionaires would like you to know that the cryptocurrency revolution is upon us. Before long you’ll be making breakfast on the blockchain! But as the trustless, decentralized world of digital tokens expands—and Fortune 500 companies, banks, restaurant chains, and even countries (ahem, Venezuela) cautiously wade in—a credibility problem p...

How much do you slack off at work? If you’re the average white-­collar drone, the odds are it’s an astonishing amount. A 2015 survey by a UK firm asked 1,989 office workers how many hours they spent “productively working” each day. The average: A paltry two hours and 53 minutes. The rest of those eight-hour workdays consisted of kicking back: checking social media, reading news, or talking to frie...

Tim Armstrong has spent the last year under renovation. After AOL, the company Armstrong has run for the past nine years, merged with newly acquired corporate sister Yahoo in June, Armstrong was tasked with uniting the two. First he announced a new brand name-–Oath---suggesting a move away from the stale early days of the internet that many people associate with AOL and Yahoo. Learn more about you...

The company that championed the idea of moonshots---ambitious ideas that can “make the world a radically better place”---is still struggling to make incremental change when it comes to diversifying its ranks of black, Latinx, and female employees. But as the conversation around diversity in Silicon Valley has evolved and grown more sophisticated, so has Google’s approach to the problem. Learn more...

Last summer, a sign appeared on the door to a stuffy, windowless room at the office of Manhattan artificial intelligence startup Clarifai. “Chamber of secrets,” it read, according to three people who saw it. The notice was a joking reference to how the small team working inside was not permitted to discuss its work with others at Clarifai. Learn more about your ad choices. Visit podcastchoices.com...

The Seattle City Council voted 9-0 last month to approve an annual $275-per-employee tax on big employers like Amazon. The tax was expected to raise about $47 million a year for services for the homeless and construction of affordable housing. But Tuesday, less than a month after passing the tax, the council voted 7-2 to repeal it. Learn more about your ad choices. Visit podcastchoices.com/adchoic...

HBO, CNN, Warner Brothers, DC Comics, and the rest of the Time Warner empire will soon be owned by AT&T thanks to a decision by by a federal judge Tuesday to approve the telecommunications giant's $85 purchase of the media conglomerate. The Department of Justice filed suit to stop the merger last November, arguing that the merger would lead to higher television prices and fewer choices for consume...

Open the Uber app in downtown San Francisco, and you’ll discover you can do a lot more than hail a ride. You rent a bike, thanks to Uber’s recent acquisition of Jump Bikes. You can rent a car, courtesy of a partnership Uber has struck with the startup Getaround. In a test version of the app, which I saw when I reported on Uber last January, a train schedule popped up if you hailed a ride to Caltra...

It took only a few months for Sally, an executive assistant living in British Columbia, to become Crypto Sally, a Lambo-touting altcoin influencer who makes a living on YouTube videos. She got interested in cryptocurrencies last summer as the buzz around initial coin offerings, or ICOs, surged. She bought some ether---at the top of the market, she admits---and spent her free time researching how t...

When her husband lost his factory job in 2010, Kristy Milland ran through her options. Until that point, she’d been working at home, earning extra money through odd jobs like selling collectables on eBay. She hadn’t waited on tables, had no experience in fast food, and had not learned any skills that might be particularly useful in a factory. She’d once applied for a job at McDonald’s, but nobody...

The last time there was a real contest for the mayor’s seat in San Francisco, residential rents were falling, the city had 15 million square feet of vacant office space, the empty headquarters of Pets. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Federal net neutrality protections are officially dead. Today the Federal Communications Commission's rules barring internet providers from blocking or slowing content, or giving special treatment to certain content, were wiped off the books, following an FCC vote last December. But don't expect to see huge changes right away. First, there are still some rules constraining broadband providers. Lea...

Plenty of people around the world got new gadgets Friday, but one in Eastern Tennessee stands out. Summit, a new supercomputer unveiled at Oak Ridge National Lab is, unofficially for now, the most powerful calculating machine on the planet. It was designed in part to scale up the artificial intelligence techniques that power some of the recent tricks in your smartphone. Learn more about your ad ch...

The Trump administration just came to an agreement to lift crippling sanctions against Chinese telecommunications ZTE. Ending the sanctions banning US companies from selling hardware or software to ZTE could save the company, which announced last month that it had suspended its major operations due to the restrictions. But the tensions between the US and China are far from over. Congress is invest...

Earlier this year, Google CEO Sundar Pichai described artificial intelligence as more profound to humanity than fire. Thursday, after protests from thousands of Google employees over a Pentagon project, Pichai offered guidelines for how Google will—and won’t—use the technology. One thing Pichai says Google won’t do: work on AI for weapons. But the guidelines leave much to the discretion of company...

Apple describes its mobile devices as designed in California and assembled in China. You could also say they were made by the App Store, launched a decade ago next month, a year after the first iPhone. Inviting outsiders to craft useful, entertaining, or even peurile extensions to the iPhone’s capabilities transformed the device into the era-defining franchise that enabled Uber and Snapchat. Learn...

Technical standards for the next generation of wireless services aren’t even finalized, yet the US and China are already locked in a crucial race to be the first country to deploy a so-called 5G network. Or at least that's what both the US government and the wireless industry say. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The backlash to Google’s work on a US military artificial-intelligence project began inside the tech giant, but in recent weeks, it has spilled into the public. As employees resigned in protest over Google’s work with Project Maven, which uses AI to identify potential drone targets in satellite images, reports revealed top executives fretting over how it will be perceived by the public. Learn more...

On Sunday, the New York Times revealed that Facebook had deals with phone manufacturers including Apple, Amazon, Microsoft, and Blackberry going back a decade that gave the device makers access to copious amounts of personal data about users and their friends in order to recreate a mobile version of Facebook on their devices. Learn more about your ad choices. Visit podcastchoices.com/adchoices

On Friday, Visa's payment network suffered outages across Europe, limiting transactions for both businesses and individuals. Banks and commerce groups began advising customers to use cash or other payment cards if possible, and reports indicated that online and contactless transactions were having more success than chip cards. Though some Visa transactions still went through, the failure appeared...

General Motors, the US’s 10th-largest company by revenue, is eager to lay the groundwork for future growth by developing self-driving technology. But its shareholders are dubious of too much spending as revenue declines---it fell 5.5 percent last year. Japanese conglomerate SoftBank has the opposite problem: A giant pile of cash, and not enough opportunities to spend it. Learn more about your ad c...

Facebook is getting rid of its Trending Topics feature, according to a blog post the social network published Friday. The Trending sidebar, located on the right-hand side on desktop, displays popular topics users are discussing across the site. The product will officially shutter next week, including on third-party services that use the Facebook Trends API. Alex Hardiman, Facebook's head of news p...

If you Googled the California Republican Party earlier this week, the so-called "knowledge panel" that's supposed to surface the most relevant results would have told you that the party's primary ideologies are conservatism, market liberalism, and, oh, Nazism. Conservatives have been quick to point fingers at Google and other tech giants, claiming another example of perceived liberal bias in Silic...

The tech industry is booming. Its biggest companies are minting money. Their influence and reach into media, telecommunications, retail---everything really---is so great that once-dominant firms in those industries are desperately seeking merger partners to keep up. Some venture capitalists say the market for new companies and the talent to staff them hasn’t been this overheated since the great in...

The Trump administration doesn’t hold much regard for asylum seekers or projects started by President Obama. Attorney General Jeff Sessions has moved to keep more asylum seekers in detention. Trump has rolled back Obama-era initiatives wholesale since taking office. Yet in one corner of the White House, a team of idealistic tech workers established by Obama is helping the Department of Homeland Se...