Technology
Biden officials worry Musk will allow Trump return to Twitter
White House officials and Democratic strategists are privately worrying how Elon Musk’s $44 billion hostile takeover of Twitter will affect the 2024 presidential election — especially whether the billionaire will allow former President Donald Trump return to the platform. Officials within President Joe Biden’s administration are closely watching the deal, according to more than half […]
Read More
JPMorgan predicts iPhone revenue to fall short when Apple reports later this week
JPMorgan warns of a miss on iPhone revenue and slowing growth overall but maintains its overweight rating on Apple. Source
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
Stock tied to Donald Trump’s social media venture falls after Twitter said to be nearing a deal with Musk
The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. Dado Ruvic | Reuters Shares of Digital World Acquisition Corp., the blank-check company poised to take Donald Trump’s media venture public, fell in volatile trading on Monday […]
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
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 […]
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
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 […]
Read More