Investments and Business

Linked media - Related media Innovation on wheels Has Apple really crashed the car? The tech giant has killed its electric vehicle project as it pivots to artificial intelligence, prompting many observers to declare the venture a major failure for the company. Here’s a contrarian thought: That critique misses a wider point about how Apple innovates, because the company has used the project to power a whole ecosystem of products and services that have been unmitigated successes. Apple invested billions to build a self-driving car. Reports emerged about the secret effort, code-named Project Titan, in 2014, and the company has…

Trump’s TikTok U-turn TikTok users have continued to flood the social media platform — and lawmakers’ inboxes — with pleas to halt a bill that would force its Chinese owners to divest or face a ban in the U.S.That effort to keep TikTok online has now attracted some unlikely backers, including Donald Trump.A recap: Last week, a powerful House committee voted 50-0 to remove TikTok from U.S. app stores by Sept. 30 unless its Beijing-based parent company, ByteDance, sold its stake. A large contingent of Republicans and moderate Democrats see the app as a national security risk.President Biden said on…

For years, the Yimbytown conference was an ideologically safe space where liberal young professionals could talk to other liberal young professionals about the particular problems of cities with a lot of liberal young professionals: not enough bike lanes and transit, too many restrictive zoning laws.The event began in 2016 in Boulder, Colo., and has ever since revolved around a coalition of left and center Democrats who want to make America’s neighborhoods less exclusive and its housing more dense. (YIMBY, a pro-housing movement that is increasingly an identity, stands for “Yes in my backyard.”)But the vibes and crowd were surprisingly different…

More than three months after OpenAI’s board of directors briefly ousted Sam Altman, the chief executive of the high-profile artificial intelligence company, questions remain about exactly what led the board to make such a dramatic move.A report from an outside law firm, which is expected in the coming days, could shed more light on the board’s decision as well as the chaotic five days before Mr. Altman returned to the company.But as anticipation for the report grows, previously unreported details are emerging about the role that Mira Murati, OpenAI’s chief technology officer, played in the ouster of Mr. Altman.Ms. Murati…