Technology

SAN FRANCISCO — Lyft on Wednesday emphasized a new mantra — profitability — over and over again. In its latest earnings results, the ride-hailing service’s chief executive, Logan Green, said that the company had made progress “on our path to profitability.” He added that Lyft would be profitable, if it excluded a bunch of costs, […]

Apple is still running a well-oiled moneymaking machine despite cooling demand for its hottest product, the iPhone. The latest evidence of Apple’s prowess emerged Wednesday with the release of its results for the July-September quarter. Both Apple’s sales and revenue exceeded analyst estimates as the company’s newest iPhones got off to a better start than

On Monday, the journalists at the freewheeling website Deadspin were instructed by its owners to stick to sports. On Tuesday, the site’s interim editor in chief, Barry Petchesky, was fired for refusing to obey that order. On Wednesday many longtime staff members quit in protest, hurling Deadspin into chaos. At least eight Deadspin journalists announced

Facebook reported solid third-quarter results Wednesday showing steady growth in its user base even as it faces broad regulatory threats and criticism over its power and negative effects on society. CEO Mark Zuckerberg lauded the company’s financial performance before launching into an impassioned monologue about principles and free speech during a conference call with analysts.

SAN FRANCISCO — Apple said on Wednesday that its profit shrank for the fourth consecutive quarter — the longest such streak since 2016 — but it forecast that better days were ahead. The tech giant said its profit fell 3.1 percent to $13.69 billion in the latest quarter, from $14.13 billion a year ago, largely

Lyft is still losing staggering sums of money as it barrels ahead with impressive revenue growth, but its executives said they believe the company will turn a corner and reach profitability in about two years. The ride-hailing heavyweight brought in $955.6 million in revenue in the third quarter, up 63% from the same time last

In the universe of office supplies, pencil lead — a mixture of graphite and clay, which does not include any lead — appears unexceptional beyond its ability to draw dark lines. But 15 years ago, scientists discovered that a single sheet of graphite — a one-atom-thick layer of carbon atoms laid out in a honeycomb

Apple is still running a well-oiled moneymaking machine despite cooling demand for its hottest product, the iPhone. The latest evidence of Apple’s prowess emerged Wednesday with the release of financial results for the July-September quarter. Both Apple’s sales and revenue exceeded analyst estimates as the company’s newest iPhones got off to a better start than

SAN FRANCISCO — Jack Dorsey, Twitter’s chief executive, said on Wednesday that the social media service would ban political ads on its platform, in a stark contrast to rival Facebook, which has faced blowback for taking a hands-off approach to political advertising. Twitter previously allowed political ads. After the 2016 presidential election, the company began

AT&T said Tuesday that its HBO Max streaming service will launch in May for $15 a month, joining a crowded field. The company has said HBO Max will become the “workhorse” for its video business as cord-cutting of traditional TV expands. It hopes to migrate people who pay for HBO in different ways today to