Latest Business/Technology headlines

Facebook security chief quits amid conflicts with executives

Alex Stamos had been a strong advocate inside the company for investigating and disclosing Russian activity on Facebook.

Alexander Nix is the chief executive of Cambridge Analytica.

Hiawatha Bray | Tech Lab

Facebook’s mentality: anything for a buck

A political research firm linked to the Trump campaign may have improperly accessed user data, but Facebook should not have allowed it to happen.

Data storage beyond the clouds: Wasabi promises a super-secure system in space

In space, no one can steal your data.

A still image taken from video provided by ABC-15 showed investigators at the scene of a fatal accident involving a self-driving Uber car and a woman crossing a street, who may have been walking with a bicycle, in Tempe, Ariz.

Woman struck and killed by self-driving Uber vehicle

A self-driving Uber vehicle struck and killed a pedestrian in a Phoenix suburb in the first fatality involving a fully autonomous test vehicle.

Investigators at the scene of a fatal accident involving a self driving Uber car on the street in Tempe, Ariz.

Uber self-driving vehicle hits, kills pedestrian in Arizona

Uber suspended all of its self-driving testing Monday after what is believed to be the first fatal pedestrian crash involving the vehicles.

FILE - In this May 16, 2012, file photo, the Facebook logo is displayed on an iPad in Philadelphia. Facebook suspended Cambridge Analytica, a data-analysis firm that worked for President Donald Trump's 2016 campaign, over allegations that it held onto improperly obtained user data after telling Facebook it had deleted the information. (AP Photo/Matt Rourke, File)

Facebook and other tech stocks plunge as US indexes skid

A sharp loss for Facebook is dragging technology companies lower Monday as US stock indexes skid.

The Amazon Go store in Seattle keeps track of what shoppers pick up and charges them after they leave — that is, if Amazon can get them to simply walk out of the store without paying.

Amazon had trouble getting people to simply walk out of its cashier-less store

“People would stop at the end on their first trip or two and ask, ‘Is it really OK if I just leave?’’’ said Gianna Puerini, vice president of Amazon Go.

Six crosses had been placed in tribute to the victims near the collapsed pedestrian bridge in Miami.

Anguish, anger amid the rubble

After crrews removed cars from the rubble, they said they believed all the victims had been found.

Engineer of Florida bridge reported cracks days before collapse

Authorities said the pedestrian bridge underwent had just undergone a stress test and workers were tightening cables.

Talking Points

Boston’s tax incentive for Amazon includes a perk for Cambridge

Mayor Marty Walsh wants to play nice with Cambridge, at least when it comes to courting Amazon and its jobs.

The L.L. Bean retail store in Freeport, Maine.

No bonuses for workers after tough year, L.L. Bean says

CEO Steve Smith said nearly 500 workers took advantage of a voluntary early-retirement program and that another 100 jobs will be eliminated early next month.

The collapsed pedestrian bridge at Florida International University in the Miami area.

‘Stress test’ preceded bridge collapse that killed 6 in Miami

The bridge had been put to a “stress test” and its cables were being tightened when it collapsed over traffic, killing six people, authorities said.

Sadara Chemical Company, a joint venture between Saudi Aramco and Dow Chemical, in Jubayl, Saudi Arabia, earlier this year. Officials and cybersecurity researchers worry the culprits of a recent cyberattack against the Saudi chemical plant could replicate it in other countries, since thousands of industrial plants all over the world rely on the same American-engineered computer systems that were compromised.

A cyberattack in Saudi Arabia had a deadly goal. Experts fear another try.

In August, a petrochemical company with a plant in Saudi Arabia was hit by a new kind of cyberassault. The attack was not designed to simply destroy data or shut down the plant, investigators believe.

Holmes surrenders Theranos, pays $500K after ‘massive fraud’

Elizabeth Holmes, a Stanford University dropout once billed as the “next Steve Jobs,” has forfeited control of Theranos, the blood-testing startup she founded, and will pay $500,000 to settle charges that she oversaw a “massive fraud.”

Talking Points

Cambridge Innovation Center raises $58m to help fund expansion

The Cambridge Innovation Center is getting some help to fuel its global ambitions.

Finally Light Bulb Company displayed uncoated burners at its headquarters.

Traditional incandescent bulbs are going away. This company says it has a replacement

The Finally Light Bulb Company, a Charlestown startup, says it can offer quality light without using a lot of power.

President Trump cited national security concerns in blocking the acquistion.

US blocks Broadcom from buying Qualcomm

The president cited national security concerns, also sending a clear signal that he was willing to take extraordinary measures to punctuate his administration’s increasingly protectionist stance.

Central banks warned to weigh risks of virtual currencies

A global financial body warns central banks should carefully weigh the risks before introducing their own virtual currencies, saying such innovations could risk destabilizing banking systems and unleash disruption across borders.

Dropbox has filed for an initial public offering, aiming to raise more than $600 million.

Dropbox aims to raise up to $648 million in IPO

Dropbox Inc. aims to raise as much as $648 million in its US initial public offering.

Tech stocks gain but industrials slide, leaving indexes mixed

US stocks were split Monday as technology companies continued to climb, but industrial companies gave back some of the ground they won on Friday.

Spotify Technology SA plans to list shares on the New York Stock Exchange next month, according to people with knowledge of the matter.

Spotify plans to go public next month

Based on previous transactions, the music streaming service has a valuation that exceeds $20 billion.

US hiring surge in February pulls in flood of new workers

US employers went on a hiring binge in February, adding 313,000 jobs, amid rising business confidence lifted by the Trump administration’s tax cuts and a resilient global economy.

US stocks soar on strong jobs report; inflation fears ease

Wall Street got exactly what it wanted from Friday’s jobs report: solid hiring, moderate wage growth and continued low unemployment. Investors sent stocks sharply higher, particularly their recent favorites, technology companies.

The  site of the ITER project in southern France. The fusion reactor is expected to go online in 2025.

MIT says nuclear fusion as a practical energy source is less than two decades away

Backed by a $50 million investment, the school has formed a company aimed at developing the groundbreaking technology.

Inside Akamai Technologies Inc.’s headquarters in Cambridge’s Kendall Square.

Under pressure, Akamai adds two board members

The move could placate an activist hedge fund that recently bought a big stake in the Cambridge company.

 An artist’s depiction of a tower that would be part of the Hub On Causeway complex and potentially house Verizon offices.

Verizon may become a major tenant in a new North Station tower

The company is seeking 300,000 square feet of space for its Oath digital media subsidiary.

China to boost defense spending 8% in 2018

The country is preparing to launch its second aircraft carrier and field an array of advanced missiles.

Google has been quietly expanding its footprint in America’s biggest city. Above: Pedestrians walked by Google’s Manhattan building.

Google’s expansion plans are helping to turn New York City into a tech hub

The tech giant’s expansion in the Big Apple is helping to legitimize the city’s claim to be Silicon Valley East.

Matt Van Horn’s chicken, “Bear,” is held by his 2-year-old daughter, Sadie.

The Silicon Valley elite’s latest status symbol: Chickens

In the Bay Area — where the nation’s preeminent local food movement overlaps with the nation’s tech elite — egg-laying chickens are now a trendy, eco-conscious humblebrag on par with driving a Tesla.

Russian President Vladimir Putin said Russia has tested an array of new strategic nuclear weapons that can’t be intercepted.

Putin boasts of new Russian nuclear weapons

Russian President Vladimir Putin said the new strategic weapons can’t be intercepted, marking a technological breakthrough that could dramatically increase Russia’s military capability.

Frances X. Frei

Bold Types

Uber’s savior from Harvard is leaving the company

Frances Frei was hired to improve the company’s leadership and culture amid last year’s scandals.

This company wants you to be able to call a plumber like you’d call an Uber

Jiffy on Demand joins services like TaskRabbit and Handy in trying to streamline the home-services business.

This image proved by the Chattanooga Police Department shows the tractor-trailer and the Mazda Tribute at an accident scene in Chattanooga, Tenn. On a clear, dry June evening in 2015, cars and trucks were rolling slowly in a herky-jerky backup ahead of an Interstate 75 construction zone when the 18-ton tractor-trailer going about 80 miles per hour bashed into eight vehicles before coming to a stop.

Transport safety rules sidelined under Trump

President Trump is putting the brakes on attempts to address dangerous safety problems from speeding tractor-trailers to sleepy railroad engineers.

Avid, whose products include the music production program Pro Tools as well as video editing software, has cut ties with CEO Louis Hernandez Jr. for “violations of company policies related to workplace conduct.”

Avid Technology ousts CEO, citing improper conduct

Louis Hernandez Jr. is out from the Burlington company for what it called “violations of company policies related to workplace conduct.”

Logos for Lyft and Uber on a ride-hailing app driver’s car in Pittsburgh. Research suggests that ride-hailing companies are pulling riders off buses, subways, bicycles, and their own feet and putting them in cars instead.

Your Uber and Lyft rides are making traffic worse, studies find

In one Boston survey, most people said they would have used public transportation, walked, biked, or skipped the trip if ride-hailing apps weren’t available.

NATIONAL HARBOR, MD - FEBRUARY 22: The booth of National Rifle Association (NRA) is seen during CPAC 2018 February 22, 2018 in National Harbor, Maryland. The American Conservative Union hosted its annual Conservative Political Action Conference to discuss conservative agenda. (Photo by Alex Wong/Getty Images)

A chink in the NRA armor? Boycott against gun lobby’s business partners claims wins

MetLife, Enterprise car rentals, airlines, and Boston home security startup SimpliSafe dropped NRA deals after the Parkland shooting.

VC firms offering advice, not just money, to help women founders

Firms, many with women leadership, are finding ways to help guide companies they might buy into later.

Hyperloop in Massachusetts? Not so fast

A state senator says he’s had informal discussions with Elon Musk’s Boring Company.

“A lot of customers ask if I take credit cards,” Johnny’s Barber Shop owner Joao Goncalves said. “I say I don’t take them. Sometimes they say, ‘I’ll go to the bank,’ but they don’t come back.”

Facing the digital divide at Boston’s cash-only shops

Many businesses in Boston’s Bowdoin-Geneva neighborhood are cash-only operations in a digital world, and increasingly, that is a disadvantage.

The US indictment centered on a Russian troll farm only scratches the surface of the Internet Research Agency.

Russia troll farm even zanier than indictment says, insiders say

Many of the more eye-popping accounts of the Internet Research Agency’s activities have come from former staff members.

Medical examiner taps DNA science to find missing persons

On any given day, there are as many as 100,000 active missing-persons cases in the United States.

Baffled by political ads bought by Russians, Facebook will soon to rely centuries-old technology

Facebook will soon rely on centuries-old technology to try to prevent foreign meddling in US elections: the post office.

The canine Kardashians

Social media, particularly Instagram, is making stars of certain breeds

Verdeva expects to launch a pilot at a handful of gas stations soon.

You may soon be able to use E-ZPass to pay at the pump and at drive-throughs

E-ZPass struck a deal with a Massachusetts company to use its transponders to make electronic purchases beyond the toll booths.

Stephen and Riley Soward

BC senior sells his startup as he prepares to graduate

Harvard Student Agencies will take over Campus Insights.

Boston Dynamics’ creepy robot dogs are back — and they’re working together now

Not everyone is reacting warmly to the so-called display of robot camaraderie.

Equifax hack put more info at risk than consumers knew

The Equifax data breach exposed more of consumers’ personal information than the company disclosed last year, according to documents given to lawmakers.

A worker marked boots that were returned to the L.L. Bean retail store.

L.L. Bean dropping its unlimited returns policy

L.L. Bean’s generous return policy is going to be a little less forgiving: The company is now imposing a one-year limit on most returns to reduce growing abuse and fraud.

Uber settles driverless car lawsuit with Waymo for $245 million

Waymo alleged that one of its senior engineers hatched a plan in 2015 with Uber for him to steal over 14,000 proprietary files.

The market’s turmoil began last Friday and has continued this week as investors worried about early signs of inflation.

Dow plummets 1,000 as stocks slide continues

Stocks started to fall in early trading and extended their losses throughout the afternoon.