Caltech receives $100-million gift to develop new technologies

Caltech receives 0-million gift to develop new technologies

Thirty-six years ago, Gary Brinson cracked open Stephen Hawking’s “A Brief History of Time,” a bestseller in which the renowned physicist sought to explain the mysteries of the universe in layman’s terms. It accomplished more than that for the Chicago-based asset manager, igniting a decades-long interest in science — and, ultimately, leading to a $100-million … Read more

How the DOJ’s lawsuit against Apple will affect consumers

How the DOJ’s lawsuit against Apple will affect consumers

Cheaper app subscriptions. Additional payment options. Greater freedom for app developers on the App Store. More consumer choice. Those are some of the possibilities that consumer advocates hope will come to pass for users of Apple iPhones, iPads and other products if the U.S. Department of Justice wins its long-awaited antitrust lawsuit against the Cupertino, … Read more

Aerospace Corp. investing $100 million in El Segundo campus

Aerospace Corp. investing 0 million in El Segundo campus

Research and development lab Aerospace Corp. moved its headquarters this week to Virginia from El Segundo but reaffirmed its commitment to its South Bay campus by announcing a $100-million investment there. The federally funded nonprofit corporation, which supports government and private-sector space work, said there would be no “significant relocation of current employees” in the … Read more

AI companies are courting Hollywood. Do they come in peace?

AI companies are courting Hollywood. Do they come in peace?

Artificial intelligence is coming to Hollywood — but is Hollywood ready for it? OpenAI, the company behind ChatGPT, is meeting with entertainment industry players, including executives at talent agencies and film studios, to demonstrate and explain its latest technology, Sora, which conjures videos based on what users describe in text. It’s a delicate dance for … Read more

A TikTok ban isn’t what we need

A TikTok ban isn’t what we need

The House of Representatives passed a bipartisan bill this month threatening to ban TikTok unless its parent company ByteDance sells the app. It may take the Senate months to address the legislation, which faces some opposition, so a ban is not imminent. But the relative success of this approach highlights the narrow, problematic pathway for … Read more