Technology
Ford beefs up F-150 Lightning production in a forceful bid to dominate the electric pickup market
A Ford F-150 Lightning on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT – Ford Motor is set to be the first automaker to bring a mainstream, full-size electric pickup to the U.S. market, poised to capitalize on a first-mover advantage in what’s expected to be a hotly […]
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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 […]
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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 […]
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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 […]
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Amazon labor battle continues as union vote kicks off at second Staten Island warehouse
Demonstrators during an Amazon Labor Union (ALU) rally in the Staten Island borough of New York, U.S., on Sunday, April 24, 2022. Victor J. Blue | Bloomberg | Getty Images Amazon workers are casting their ballots on Monday as part of another high-stakes union drive at a warehouse on New York’s Staten Island. Roughly 1,500 […]
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What is the metaverse and why are billions of dollars being spent on it?
The metaverse is all anyone in tech seems to be talking about right now, but what actually is it? Tech companies like Meta are investing billions of dollars into the so-called metaverse. It can loosely be defined as a virtual world where people live, work and play. While there are some early versions of […]
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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 […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to open lower after Friday’s sharp declines Traders work on the floor of the New York Stock Exchange on March 30, 2022 in New York City. Michael M. Santiago | Getty Images U.S. stock […]
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SpaceX’s Starlink to provide Wi-Fi on Hawaiian Airlines flights with free service for passengers
Hawaiian Airlines plane Louis Nastro | Reuters SpaceX will start providing wireless internet on Hawaiian Airlines flights from the Starlink satellite network as early as next year, a service the airline told CNBC it plans to offer to passengers for free. The deal marks the first for Elon Musk’s space company with a major airline. […]
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Crypto exchange Kraken is set to launch in UAE as regional competition heats up
Jack Guez | Afp | Getty Images ABU DHABI, United Arab Emirates — U.S. cryptocurrency exchange Kraken is expanding into the Middle East and will open its regional headquarters in Abu Dhabi after receiving a full license to operate a regulated trading platform in the UAE. “We’re incredibly excited to be able to set up […]
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