Technology

Few can resist the allure of a sequel. Not even, it seems, in the investing world. SoftBank announced on Friday that it was planning to create Vision Fund 2, a follow-up to the Japanese conglomerate’s nearly $100 billion vehicle for investing in the technologies that it believes will shape the future. Since it started in […]

Google parent Alphabet beat analyst expectations for the second quarter Thursday, sending its shares up sharply as it bounced back from a rough first quarter. The company comforted investors with advertising revenue growth that edged out last quarter and assurances that video streaming site YouTube and the company’s enterprise cloud business continue to drive growth.

The photographer Marcus Hyde was a rising star: a favorite of Kim Kardashian West, responsible for a Fendi social media campaign, with a million Instagram followers. But this week, multiple women said he had used his growing profile on social media to engage in inappropriate behavior, including soliciting nude photographs from models in exchange for

A giant telescope planned for Hawaii‘s tallest mountain will enhance humanity’s knowledge of the universe and bring quality, high-paying jobs, supporters said Thursday, as protesters blocked construction for a second week. An international consortium plans to build the $1.4 billion Thirty Meter Telescope at the top of Mauna Kea, which some Native Hawaiians believe is

SAN FRANCISCO — Apple said on Thursday that it would buy most of Intel’s smartphone-modem business for $1 billion, aiding its push to gain more control over faster wireless technology in iPhones. Apple will add about 2,200 Intel employees, as well as patents and equipment. The deal is expected to close in the fourth quarter

Amazon’s ramped up spending on speedier delivery for its Prime customers helped to accelerate its sales in the second quarter. But it also crimped its profits. The Seattle-based company reported Thursday that its sales soared a better-than-expected 20% in the quarter. But it posted a profit for the three-month period ended June 30 of $2.62

The slump at Google’s parent company, Alphabet, appears to have been brief. The company said on Thursday that profits in the most recent quarter had tripled from a year earlier. The strong results, which topped Wall Street expectations, should ease worries — provoked by a disappointing first quarter — that the company was slowing down

A space capsule carrying a 3D printer to make human tissue and about 5,000 pounds of other experiments and supplies is on its way to the International Space Station after a thunderous SpaceX launch. The private company’s Falcon 9 rocket dodged threatening clouds in its Thursday evening lift-off sending a Dragon capsule on its third

Sales on the website are increasingly from third-party merchants, who pay Amazon fees for listing and shipping their items. That business as a fee collector is also more profitable for Amazon than when it sells items directly from its inventory. Finally, Amazon’s high-margin ad business reaches more than an estimated $10 billion a year in

If you’re one of Facebook‘s more than 2 billion users, are you any better off now than you were before the Federal Trade Commission imposed new privacy restrictions and a $5 billion fine on the company this week? Interested in Facebook? Add Facebook as an interest to stay up to date on the latest Facebook