The New York Times – Business:
The company built a cheaper, competitive chatbot with fewer high-end computer chips than U.S. behemoths like Google and OpenAI, showing the limits of chip export control.
Category: Business
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British Airways Destroyed Our Guitar and Won’t Pay Up
The New York Times – Business:
Two guitars belonging to a gospel band were lost on a flight from London to Paris. One arrived late, the other ended up ruined, but the airline won’t pay for the group’s tour rentals or the ruined instrument.
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ExThera Claimed Its Device Could Cure Cancer. But Patients Died.
The New York Times – Business:
Two U.S. companies teamed up to treat cancer patients using an unproven blood filter in Antigua, out of reach of American regulators.
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Spain Seeks to Curb Short-Term Rentals Amid Growing Housing Crisis
The New York Times – Business:
The country is at the forefront of a wider crunch spreading across Europe, and its prime minister has proposed a 100 percent tax aimed at foreign real estate investors.
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Victor Wembanyama Prepares to Become ‘Genuine’ Face of the N.B.A.
The New York Times – Business:
As the N.B.A. confronts a fast-approaching time without LeBron James, Stephen Curry and Kevin Durant, the 21-year-old Spurs star has embraced the idea that he is the league’s future.
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How Trump Decided to Pardon Silk Road Founder Ross Ulbricht
The New York Times – Business:
Libertarian and crypto allies of Ross Ulbricht, who was serving a life sentence for distributing drugs on his Silk Road website, leveraged President Trump’s desire for political support to secure his release.
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Trump's Energy and Border Emergencies Advance His Own Interests
The New York Times – Business:
Mr. Trump had the authority to declare two emergencies. But they also happened to advance his favorite targets: more fossil fuels and less immigration.
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South Carolina Utility Wants to Sell Unfinished Nuclear Power Site
The New York Times – Business:
The utility, Santee Cooper, is trying to sell two nuclear reactors that it abandoned in 2017 as tech companies seek new sources of electricity for data centers.
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Reddit Users Boycott X Links After Elon Musk’s Gesture at Inaugural Event
The New York Times – Business:
A boycott of links to Mr. Musk’s social media platform spread on Reddit this week, after he made a gesture that some likened to a Nazi salute. Others worried about censorship.
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Divvy Homes, Once Valued at $2 Billion, Is Sold for Half That Price
The New York Times – Business:
The company, backed by high-flying Silicon Valley investors like Andreessen Horowitz, had promised it would reinvent the rent-to-own model and make it more consumer friendly. High interest rates and mortgage rates thwarted those plans.