As Facebook-parent Meta prepares to announce its second-quarter earnings next week, the company’s future has rarely looked so shaky. The company is facing negative macrotrends; a tightening ad market; less ability to track users; and a dearth of new, young users.
“In all the years I’ve been covering Meta, this is the most concerned I’ve ever been about the company’s future,” wrote Debra Aho Williamson, principal analyst at Insider Intelligence,
A couple of weeks ago, Google revealed that 40% of 18 to 24-year-olds prefer TikTok or Instagram search over cheugy, Boomer-style Googling. Since then, the internet giant has come back fighting, by launching an educational campaign aimed at Gen Z.
Called “Let’s Internet Better,” the crusade features a series of short animated vide
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Amazon announced on Thursday that it’s buying One Medical, the subscription-based primary-care provider, in a $3.9 billion all-cash deal—one of its largest acquisitions to date.
The purchase grows Amazon’s footprint in healthcare considerably—a goal Jeff Bezos first set back in 2018,
As NASA prepares to send humans back to the moon through its long-awaited Artemis program, it’s taking big steps to encourage commercial lander development.
First order of business: CLPS. NASA’s Commercial Lunar Payload Services program (CLPS) is funding 14 separate lander concepts from Astrobotic, Deep Space Systems, Draper Labs, Firefly Aerospace, Intuitive Machines, Lockheed Martin, Masten Space Systems, Moon Express, OrbitBeyond, Blue Origin, Cer
On November 30, 1988, members of the Boston Computer Society filled that city’s Symphony Hall to capacity. They were there to see Steve Jobs demo the NeXT cube, the remarkable computer from the startup he’d founded after being ousted from Apple three years earlier. I was lucky enough to be in Jobs’s aud
A wave of apprenticeship programs in the tech industry have been generating media buzz. Among the organizations receiving attention include education startup Multiverse, which has raised $220 million for its apprenticeship program, and Accenture, which has launched its apprenticeship prog
Tesla’s been down a bumpy road this year, between COVID shutdowns at its Shanghai Gigafactory, a global stock market crash, and an early round of company layoffs.
Now, investors will be inspecting its quarterly earnings to glean whether the end of 2022 might be better than its tumultuous first half.
The shutdowns—which swept China this spring as COVID case numbers ticked up and the country’s zero-tolerance policy bore down—were particularly costly for
The onset of the crypto bear market over the last six weeks, and the downfall of high-profile projects resulting in some estimated $2 trillion in crypto losses caused a lot of debate about the future of crypto. Comparisons are being made between the blockchain industry of today and the dotcom bubble of 2000.
Having worked through the evolutions of Web
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Microsoft was founded in the inflationary environment of the mid-1970s. Adobe started in the depths of the 1982 recession. The most recent financial crisis of 2008 led to a wave of successful companies from Airbnb to Square.
That y