Technology
SpaceX signs first Starlink inflight Wi-Fi deal with charter airline JSX
SpaceX signed its first deal to add Starlink satellite internet to an air carrier’s fleet of planes with semi-private charter JSX, as Elon Musk’s company moves into the in-flight Wi-Fi market. CEO Alex Wilcox told CNBC on Thursday that the agreement with SpaceX covers service on up to 100 airplanes. JSX has 77 30-seat Embraer […]
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Snap stock falls after ‘challenging’ quarter that missed sales and profit estimates
CEO of Snap Inc. Evan Spiegel walks to a morning session at the Allen & Company Sun Valley Conference on July 07, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Snap missed Wall Street expectations for profit and sales, and forecast disappointing revenue growth in the current quarter, when it reported first-quarter results […]
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It’s time to buy these e-commerce stocks after the sell-off, Morgan Stanley says
The e-commerce industry has strong growth prospects, according to Morgan Stanley. Source
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Check out Google’s new Hudson River campus in Manhattan, a magnet for New York talent
Google officially opened its new mixed-use campus on New York’s Hudson River that includes a two-acre rooftop and public gathering spaces. Photo courtesy of Google As Google employees return to campus life following over two years of remote work, the company has a splashy new office for workers in New York. Google has officially opened […]
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Cathie Wood’s Ark Invest sees Tesla stock soaring over 350% by 2026, touts Elon Musk’s robotaxis
Cathie Wood’s Ark Invest remains a believer in Tesla, projecting shares of the electric vehicle maker will reach $4,600 apiece in 2026. Source
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Amazon launches $1 billion fund to invest in warehouse technologies
Robots transport goods to the employees in the warehouse of a logistics centre of the mail order company Amazon. Rolf Vennenbernd | dpa | Picture Alliance | Getty Images Amazon is launching a $1 billion fund that will back companies “of all stages” building supply chain, fulfillment and logistics technologies, the company announced Thursday. The […]
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Meta COO Sandberg reportedly tried to block news story about Activision CEO Kotick
Sheryl Sandberg, chief operating officer of Facebook Inc. David Paul Morris | Bloomberg | Getty Images Meta Chief Operating Officer Sheryl Sandberg was reportedly part of a pressure campaign to prevent the Daily Mail from publishing an unfavorable report about Activision Blizzard CEO Bobby Kotick, according to a Wall Street Journal article published Thursday. Facebook […]
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CNN+ is shutting down, effective April 30, sources say
A Jeep Wrangler Rubicon sits on an outdoor track during the press preview of the International Auto Show at the Jacob Javits Convention Center in New York City on April 13, 2022. Timothy A. Clary | AFP | Getty Images Warner Bros. Discovery is shutting down CNN+, according to two people familiar with the matter. […]
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Analysts call Tesla a ‘must own’ and ‘core holding’ following blowout first-quarter earnings
Analysts continue to bet on Tesla despite ongoing macro pressures after showing blowout first-quarter earnings. Source
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Earth-imaging specialist Planet details more powerful line of Pelican satellites
A graphic rendering of a Pelican satellite. Planet Earth-imaging and data specialist Planet Labs on Thursday unveiled details of its new line of Pelican satellites, as the company looks to further expand and improve its space-based imagery capabilities. Planet expects to begin launching the Pelican satellites in early 2023, with the constellation consisting of up […]
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