News

California Has Dealt a Blow to Renewable Energy, Some Businesses Say

California Has Dealt a Blow to Renewable Energy, Some Businesses Say

California has long championed renewable energy, but a change in the state’s policies last year has led to a sharp decline in the installation of residential rooftop solar in the state.Thousands of companies — including installers, manufacturers and distributors — are reeling from the new policy, which took effect in April and greatly reduced incentives that had encouraged homeowners to install solar panels. Since the change, sales of rooftop solar installations in California dropped as much as 85 percent in some months of 2023 from a year earlier, according to a report by Ohm Analytics, a research firm that tracks…
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Microsoft Tops Apple to Become Most Valuable Public Company

Microsoft Tops Apple to Become Most Valuable Public Company

For more than a decade, Apple was the stock market’s undisputed king. It first overtook Exxon Mobil as the world’s most valuable public company in 2011 and held the title almost without interruption.But a transfer of power has begun.On Friday, Microsoft surpassed Apple, claiming the crown after its market value surged by more than $1 trillion over the past year. Microsoft finished the day at $2.89 trillion, higher than Apple’s $2.87 trillion, according to Bloomberg.The change is part of a reordering of the stock market that was set in motion by the advent of generative artificial intelligence. The technology, which…
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U.S. Criminally Charges EBay in Cyberstalking Case

U.S. Criminally Charges EBay in Cyberstalking Case

The Justice Department charged eBay on Thursday with stalking, witness tampering and obstruction of justice in a rare criminal case against a well-known Silicon Valley company.The charges, which will be dropped under a deferred prosecution agreement if eBay maintains a good record for the next three years, stem from actions taken by the company in 2019 to undermine and silence the writers of an e-commerce newsletter that was mildly critical of some of its behavior. The intimidation efforts included various forms of cyberstalking and harassment that were continuing when the perpetrators were arrested.In its agreement with the government, eBay will…
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SEC’s X Account Hacked, Causing Frenzy Over Bitcoin ETF

SEC’s X Account Hacked, Causing Frenzy Over Bitcoin ETF

For 15 minutes, the cryptocurrency industry was euphoric.At 4:11 p.m. on Tuesday, the official X account of the Securities and Exchange Commission announced that regulators had approved a new investment product tracking the price of Bitcoin, an apparent victory for embattled crypto supporters. Coinbase, a giant crypto exchange, posted a celebratory banner. Crypto executives hailed it as a historic day for the industry. Bitcoin’s price spiked.Then at 4:26 p.m., Gary Gensler, the chair of the S.E.C., posted that the agency’s account had been compromised, resulting in an “unauthorized tweet.” An S.E.C. spokeswoman confirmed the hack in an emailed statement.The security…
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Vulcan Rocket Lifts Off, First U.S. Moon Launch in Decades

Vulcan Rocket Lifts Off, First U.S. Moon Launch in Decades

A brand-new rocket lifted off early Monday morning from Cape Canaveral, Fla., sending a robotic spacecraft toward the surface of the moon.The launch was flawless, and the spacecraft, built by Astrobotic Technology of Pittsburgh, separated 50 minutes into the flight; its systems powered on successfully. However, a few hours later, Astrobotic reported a problem that prevented the spacecraft, known as Peregrine, from keeping itself in a steady orientation pointed at the sun.“The team is responding in real time as the situation unfolds and will be providing updates as data is obtained and analyzed,” Astrobotic posted on the social media service…
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Switching to a Flip Phone Helped Me Cut Down on My Smartphone Addiction

Switching to a Flip Phone Helped Me Cut Down on My Smartphone Addiction

This time of year, everyone asks what you like least about your life, but they phrase it as, “What’s your New Year’s resolution?”My biggest regret of 2023 was my relationship to my smartphone, or my “tech appendage” as I’ve named it in my iPhone settings. My Apple Screen Time reports regularly clocked in at more than five hours a day.That’s only an hour more than the average American, but I still found it staggering to think that I spent the equivalent of January, February and half of March looking at that tiny screen (April too, if we only count waking…
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Museum World Hit by Cyberattack on Widely Used Software

Museum World Hit by Cyberattack on Widely Used Software

Several prominent museums have been unable to display their collections online since a cyberattack hit a prominent technological service provider that helps hundreds of cultural organizations show their works digitally and manage internal documents.The Museum of Fine Arts Boston, the Rubin Museum of Art in New York and the Crystal Bridges Museum of American Art in Arkansas were among the institutions confirming that their systems have experienced outages in recent days.The service provider, Gallery Systems, said in a recent message to clients, which was obtained by The New York Times, that it had noticed a problem on Dec. 28, when…
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A 9-Month Cruise Is TikTok’s Favorite New ‘Reality Show’

A 9-Month Cruise Is TikTok’s Favorite New ‘Reality Show’

In the last few months, Beth Fletcher, a 39-year-old photographer in Derbyshire, England, built a small following on TikTok by recapping and analyzing the British reality show “I’m a Celebrity … Get Me Out of Here!” When the latest season ended in early December, Ms. Fletcher was at a loss for content because, she said, “we don’t have another good reality TV show on until summer.”Then the TikTok algorithm delivered: a video of Brooklyn Schwetje, a graduate student and influencer, sharing a day in her life on the Ultimate World Cruise, a nine-month-long, round-the-world voyage with Royal Caribbean. Ms. Fletcher…
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Asian American Officials Cite Unfair Scrutiny and Lost Jobs in China Spy Tensions

Asian American Officials Cite Unfair Scrutiny and Lost Jobs in China Spy Tensions

When Thomas Wong set foot in the United States Embassy in Beijing this summer for a new diplomatic posting, it was vindication after years of battling the State Department over a perceived intelligence threat — himself.Diplomatic Security officers had informed him when he joined the foreign service more than a decade ago that they were banning him from working in China. In a letter, he said, they wrongly cited the vague potential for undue “foreign preference” and suggested he could be vulnerable to “foreign influence.”Mr. Wong had become a U.S. diplomat thinking that China was where he could have the…
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