Tag: Startup

Share to FacebookShare to TwitterShare to LinkedinTopline Novak Djokovic, the top-ranked men’s tennis player who was booted from Australia because he’s not vaccinated against Covid-19, is the majority owner with his wife of a Danish biotechnology firm researching a treatment for the disease about whose business dealings little is known, Reuters first reported Wednesday. Serbia’s…

Los Angeles-based Parallel Systems is led by Matt Soule, center. Parallel Systems Mile-long, slow-moving diesel trains loaded with cargo chugging slowly across the U.S. could be a thing of the past one day if stealth startup Parallel Systems has its way. The Los Angeles company thinks the future of freight lies in autonomous battery-powered trains…

Mike Blake, Reuters)Microsoft Corp (MSFT.O) is buying “Call of Duty” maker Activision Blizzard (ATVI.O) for $68.7 billion in the biggest gaming industry deal in history as global technology giants stake their claims to a virtual future.The deal announced by Microsoft on Tuesday, its biggest-ever and set to be the largest all-cash acquisition on record…

REUTERS/Mike Blake/File PhotoTesla Inc (TSLA.O) shareholders on Tuesday asked a judge  to find that Elon Musk forced the company’s board of directors into a  deal for SolarCity in 2016 and wanted the CEO convicted, the electric vehicle maker one of the largest judgments in history paid $13 billion…

King not just of Tesla  (TSLA) – Get Tesla Inc Report but also of clapping back on Twitter  (TWTR) – Get Twitter, Inc. Report, Elon Musk called the software being used for some other electric vehicles “a pile of trash.” The argument began when, on Sunday, Green Hills Software CEO Dan O’Dowd wrote that he had…

Share to FacebookShare to TwitterShare to LinkedinTopline Space companies including SpaceX and Sierra Space received nearly $15 billion of private investments in 2021—including a whopping $4.3 billion in the fourth quarter, a record-setting year for a booming industry as investors continue to bet on the “space economy.” An illustration of the SpaceX Starship human lander…

Share to FacebookShare to TwitterShare to LinkedinTopline The stock market plunged on Tuesday after Goldman Sachs reported disappointing quarterly earnings—continuing a trend of lackluster bank results, while surging government bond yields hit two-year highs. Bank earnings continued to disappoint as firms warned of rising expenses. Richard Drew/ASSOCIATED PRESS Key Facts The Dow Jones Industrial Average…

Samsung  today unveiled the Exynos 2200, its latest flagship chipset that will power  Galaxy S22 smartphones in certain regions. The new platform is based on  4nm EUV process technology and comes with a custom GPU called Xclipse. It is based on the AMD RDNA2 architecture and as such is a “single hybrid graphics processor” that offers…

The U.S. doesn’t need to know who they’re targeting or show probable cause when ordering Facebook, WhatsApp or any tech company to help agencies spy on users in secret, newly-unsealed court documents show. U.S. federal agencies have been using a 35-year-old American surveillance law to secretly track WhatsApp users with no explanation as to why…

© Reuters. FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo A look at the day ahead from Sujata Rao. Nasdaq futures are down almost 1% on Tuesday, making it likely the…