Breaking News: Technology
In DC, Musk’s Twitter deal is either a free speech victory or fuel to tax the rich
Depending who you ask in Washington, D.C., Monday’s news that Twitter’s board has accepted Elon Musk’s $44 billion offer to buy the company and take it private either marks the return of free speech online or proof that billionaires like Musk must pay higher taxes. “Free speech is making a comeback,” tweeted Rep. Jim Jordan, […]
Read More
Twitter accepts Elon Musk’s buyout deal
Twitter’s board has accepted an offer from billionaire Elon Musk to buy the social media company and take it private, the company announced Monday. The cash deal at $54.20 per share is valued around $44 billion, according to the press release. Twitter will become a private company once the deal is complete. The announcement ends […]
Read More
SpaceX returns private Ax-1 astronaut crew to Earth after extended space station stay
Crew Dragon capsule Endeavour splashes down in the Atlantic Ocean with the Axiom Space Ax-1 crew on April 25, 2022. SpaceX SpaceX safely returned its Crew Dragon spacecraft from orbit on Monday, carrying the private crew of Axiom Space’s Ax-1 mission back from the International Space Station. Crew Dragon capsule Endeavour splashed down off the […]
Read More
Facebook is opening its first showroom to sell VR headsets
Meta, formerly known as Facebook, is opening its first retail location in an effort to sell people its Oculus virtual reality headsets and its idea of the “metaverse,” the company announced Monday. But it’s not a huge step into retail. Unlike Apple and other tech companies that have stores in heavy foot-traffic areas like shopping […]
Read More
Twitter may want to finalize Musk deal before reporting disappointing quarter, analysts speculate
SpaceX founder Elon Musk reacts at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying the Crew Dragon spacecraft, lifted off on an uncrewed test flight to the International Space Station from the Kennedy Space Center in Cape Canaveral, Florida, U.S., March 2, 2019. Mike Blake | Reuters Twitter may want to finalize […]
Read More
Satellite imagery specialist Capella raises nearly $100 million to expand its network
The deployed reflector of the Capella-3 satellite in orbit. Capella Space San Francisco-based satellite imagery specialist Capella Space on Monday announced the close of nearly $100 million in financing, as the company looks to expand its line of analytics and data products. Capella raised $97 million through a mix of equity and debt in a round […]
Read More
Twitter shares jump 5% on reports it could accept Elon Musk’s bid as early as Monday
Brendan Smialowski | Afp | Getty Images Twitter shares jumped more than 5% in the premarket on reports the company is nearing a deal with Elon Musk that could be announced as soon as Monday. Musk earlier this month offered to buy Twitter for $54.20 a share, or about $43 billion. The social media company […]
Read More
Twitter is reportedly taking another look at Musk takeover bid
Entrepreneur and business magnate Elon Musk gestures during a visit at the Tesla Gigafactory plant under construction, on August 13, 2021 in Gruenheide near Berlin, eastern Germany. Patrick Pleul | AFP | Getty Images Twitter could be becoming more receptive to a takeover bid from Elon Musk after the billionaire disclosed he has secured $46.5 […]
Read More
What doomed CNN+? How rival strategies and executive intrigue fueled the streaming service’s rapid demise
Executive producer Chris Licht of the television show Our Cartoon President speaks onstage during the CBS/Showtime portion of the 2018 Winter Television Critics Association Press Tour at The Langham Huntington, Pasadena on January 6, 2018 in Pasadena, California. Frederick M. Brown | Getty Images Chris Licht wasn’t supposed to start his new job as CNN’s […]
Read More
A members-only club for female executives is coming to San Francisco with the help of Google’s cash
Chief co-founders Carolyn Childers and Lindsay Kaplan Photos courtesy of Chief As companies see a record number of women leaving their jobs in “the Great Resignation,” Google parent Alphabet is putting money behind an initiative that could help them stay. Launched in 2019, Chief is a membership-based company for female executives that’s designed to provide […]
Read More