Andreessen Horowitz Defends Hiring Daniel Penny

Partners at Andreessen Horowitz, the blue-chip venture capital firm in Silicon Valley, defended to investors their decision to hire Daniel Penny, a Marine veteran acquitted on a charge of criminally negligent homicide last year, according to an internal memo viewed by The New York Times. Andreessen Horowitz, the memo said, is most likely the largest … Read more

Is Waymo Friend or Foe to Uber?

In 2020, Uber was at a crossroads: The company had made an expensive bet on robot taxis, but the project was laden with legal problems and burning through cash. So Uber gave it away to another start-up. But five years later, Uber’s future seems as tied to autonomous vehicles as ever. The company is now … Read more

Google Unwinds Diversity Goals, Citing Trump’s DEI Orders

Google tried for years to diversify its work force, saying it would hire and promote more women and people from racial minorities. On Wednesday, the company abandoned employee diversity targets, saying that as a federal contractor, it needed to comply with President Trump’s executive orders opposing diversity, equity and inclusion policies. In 2020, Google announced … Read more

Alphabet Earnings Fall Short of Expectations as Google Cloud Sales Disappoint

Alphabet, Google’s parent company, reported sales that narrowly fell short of Wall Street’s expectations, weighed down by disappointing growth in its cloud-computing division, which sells the company’s artificial intelligence tools to other businesses. The Silicon Valley giant reported revenue of $96.5 billion in its most recent quarter, an increase of 12 percent from a year … Read more

With China’s Antitrust Investigation Into Google, What’s at Stake?

China retaliated against tariffs from the United States on Tuesday with a series of measures that took aim at American companies. Along with imposing tariffs and import restrictions, the country said, it had launched an antitrust investigation into Google. The announcement of the investigation was vague — just one line on a Chinese agency’s website. … Read more