Science and Technology

West Texas, from the oil rigs of the Permian Basin to the wind turbines twirling above the High Plains, has long been a magnet for companies seeking fortunes in energy.Now, those arid ranch lands are offering a new moneymaking opportunity: data centers.Lancium, an energy and data center management firm setting up shop in Fort Stockton and Abilene, is one of many companies around the country betting that building data centers close to generating sites will allow them to tap into underused clean power.“It’s a land grab,” said Lancium’s president, Ali Fenn.In the past, companies built data centers close to internet…

Since Sam Bankman-Fried was convicted of fraud last year, he has hired a new lawyer known for courtroom showmanship. A group of sympathetic law professors has pushed for a reappraisal of his actions. And his parents have turned for help to former employees of FTX, the collapsed cryptocurrency exchange he founded.From a federal detention center in Brooklyn, Mr. Bankman-Fried, 31, has continued to fight his case behind the scenes, as he argues for a lenient sentence and prepares to appeal his conviction. On Tuesday, his lawyers are scheduled to file a legal memo in the U.S. District Court in Manhattan,…

The Supreme Court will hear arguments on Monday in a pair of cases that could fundamentally change discourse on the internet by defining, for the first time, what rights social media companies have to limit what their users can post.The court’s decision, expected by June, will almost certainly be its most important statement on the scope of the First Amendment in the internet era, and it will have major political and economic implications. A ruling that tech platforms like Facebook, YouTube and TikTok have no editorial discretion to decide what posts to allow would expose users to a greater variety…

The ominous messages began arriving in Elissa’s inbox early last year.“You sell pics of your underage daughter to pedophiles,” read one. “You’re such a naughty sick mom, you’re just as sick as us pedophiles,” read another. “I will make your life hell for you and your daughter.”Elissa has been running her daughter’s Instagram account since 2020, when the girl was 11 and too young to have her own. Photos show a bright, bubbly girl modeling evening dresses, high-end workout gear and dance leotards. She has more than 100,000 followers, some so enthusiastic about her posts that they pay $9.99 a…

Reddit, the community-focused message board site, filed to go public on Thursday, paving the way for it to be the first major social media company to debut on the stock market in years and a test for private companies after a drought in initial public offerings.In an offering prospectus, Reddit disclosed its financial performance in preparation for selling shares to investors. The San Francisco-based company reported that its revenue rose more than 20 percent as its losses narrowed last year. It added that it had 73 million daily users and more than 100,000 active communities.The prospectus kicks off a process…

Probably only Americans of a certain age remember when the Volkswagen Beetle was the best-selling imported car in the United States and the hippest ride to a Grateful Dead concert was a Volkswagen Microbus.Volkswagen is trying to tap some of that nostalgia in its latest push to regain the status and sales it enjoyed in the United States during the Beetle’s and Microbus’s heydays in the 1960s. But this time it hopes its top models will be electric.The German carmaker is second only to Toyota globally but is a niche player in the United States. Part of its plan to…

In December 2022, Taiwan Semiconductor Manufacturing Company, the key maker of the world’s most cutting-edge chips, said it planned to spend $40 billion in Arizona on its first major U.S. hub for semiconductor production.The much ballyhooed project outside Phoenix — with two new factories, including one with more advanced technology — became a symbol of President Biden’s quest to spur more domestic production of chips, the slices of silicon that help all manner of devices make calculations and store data.Then last summer, TSMC pushed back initial manufacturing at its first Arizona factory to 2025 from this year, saying local workers…

OpenAI has completed a deal that values the San Francisco artificial intelligence company at $80 billion or more, nearly tripling its valuation in less than 10 months, according to three people with knowledge of the deal.The company would sell existing shares in a so-called tender offer led by the venture firm Thrive Capital, the people said. The deal lets employees cash out their shares in the company, rather than a traditional funding round that would raise money for business operations.OpenAI, which declined to comment, is now one of the world’s most valuable tech start-ups, behind ByteDance and SpaceX, according to…

The South Korean government unleashed a wave of panic across the internet industry: The country’s antitrust regulator said it would enact the toughest competition law outside Europe, curbing the influence of major technology companies.The Korea Fair Trade Commission, with the backing of President Yoon Suk Yeol, said in December that it planned to make a proposal modeled after the 2022 Digital Markets Act, the European Union’s landmark law to rein in American tech giants. This bill also seemed to target South Korea’s own internet conglomerates just as much as the Alphabets, Apples and Metas of the world.The commission said the…

Like the allure of vinyl records, classic video games and even the early internet, the fascination with older photography standards like point-and-shoot cameras or 35-millimeter film persists — even in people too young to remember when that gear was cutting edge. The appeal of “vintage” photography goes beyond nostalgia and Instagram filters, judging by the huge number of apps designed to emulate the film, lenses and visual quirks of predigital photos and movies.Despite the irony of using a high-end smartphone camera to produce imperfect images that appear oversaturated, jittery, low-contrast, unfiltered or otherwise analog, going for a retro look can…