Technology
Ericsson pleads guilty in U.S. to federal bribery violations, agrees to spend $206 million penalty
Ericsson not too long ago introduced it is planning to cut 8,500 work as element of its value-chopping measures. Nurphoto | Nurphoto | Getty Visuals Swedish telecommunications giant Ericsson agreed to pay back a $206 million penalty and pleaded guilty to violating the anti-bribery provisions of the Overseas Corrupt Techniques Act, or FCPA, U.S. prosecutors […]
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ESPN wants to be the hub of all live sports streaming — even if it helps its competition
ESPN Mike Windle | ESPN | Getty Images Disney‘s ESPN wants to be the hub for all live sports streaming — even for its competition. The sports network has held conversations with major sports leagues and media partners about launching a feature on ESPN.com and its free ESPN app that will link users directly to […]
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Tesla’s program to slash silicon carbide use sends some chipmakers’ shares down
Product Y cars are pictured in the course of the opening ceremony of the new Tesla Gigafactory for electric vehicles in Gruenheide, Germany, March 22, 2022. Patrick Pleu | Pool | by means of Reuters Shares in some chipmakers dipped on Thursday after electrical car or truck maker Tesla said it options to drastically minimize […]
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Salesforce is having its finest working day considering that 2020 immediately after blowout earnings report
Marc Benioff, co-founder and CEO of Salesforce, speaks at an Economic Club of Washington luncheon in Washington, DC, on Oct. 18, 2019. Nicholas Kamm | AFP | Getty Images Salesforce shares surged 12% on Thursday and headed for their greatest one-working day rally considering the fact that August 2020, soon after the cloud software seller […]
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Microsoft, Kimbal Musk, NBA’s Russell Westbrook commit in Brooklyn-based local climate tech enterprise BlocPower
BlocPower is electrifying this Brooklyn, NY building Lisa Rizzolo | CNBC BlocPower, a Brooklyn-primarily based local weather tech company, has shut on a practically $155 million fundraising round that will be used to expand and finance group decarbonization projects like it already has undertaken in Menlo Park, California, and Ithaca, New York. The spherical, which […]
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U.S. regulators rejected Elon Musk’s bid to test brain chips in humans, citing safety risks
Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters On at least four occasions since 2019, Elon Musk has predicted that his medical device company, Neuralink, would soon start human trials of a revolutionary brain implant to treat intractable conditions […]
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Tesla shares down 7% immediately after Investor Working day in spite of beneficial analyst sentiment
Elon Musk talking at Tesla Investor Day. Courtesy: Tesla Tesla shares ongoing sliding Thursday morning, a movement that began the prior working day in the course of Tesla’s Investor Working day celebration, which furnished investors with a long-expression eyesight but lacked element on new products or services. The electric-motor vehicle manufacturer’s inventory fell around 7% […]
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Millions of low-income families could soon face steeper broadband internet bills
Trumzz | Istock | Getty Images Over the past two years, millions of low-income U.S. households have received broadband internet at a discount through two consecutive government programs. But they could soon lose that benefit. More than 16 million U.S. households are currently enrolled in the federal government’s Affordable Connectivity Program, or ACP, which offers […]
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SpaceX launches Crew-6 mission for NASA, sending four more astronauts to the space station
A long-exposure photograph shows SpaceX’s Falcon 9 rocket carrying the Crew-6 mission in the company’s Joel Kowsky / NASA SpaceX launched four people to the International Space Station from Florida as Elon Musk’s company begins the final of the original six missions awarded by NASA. Known as Crew-6, the mission for NASA will bring the […]
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