Science and Technology

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…

Google laid off hundreds of workers in several divisions Wednesday night, seeking to lower expenses as it focuses on artificial intelligence and joining a wave of other companies cutting tech jobs this year.The Silicon Valley company laid off employees in its core engineering division, as well as those working on the Google Assistant, a voice-operated virtual assistant, and in the hardware division that makes the Pixel phone, Fitbit watches and Nest thermostat, three people with knowledge of the cuts said.Several hundred employees from the company’s core engineering organization lost corporate access and received notices that their roles were eliminated, two…

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 the embattled crypto industry. Coinbase, a giant crypto exchange, posted a celebratory banner. Crypto fans 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…

Ms. Cox bought her son a version of a Nintendo console called a RetroN, which used the same hardware as the original Nintendo console, from a pawnshop, as well as an old cathode-ray tube television to help him get started. In a given week, Willis said, he plays about 20 hours of Tetris.“I’m actually OK with it,” Ms. Cox, a high school math teacher, said. “He does other things outside of playing Tetris, so it really wasn’t that terribly difficult to say OK. It was harder to find an old CRT TV than it was to say, ‘Yeah, we can…

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…

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…

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…