After Astra loses 99 percent of its value, founders take rocket firm private
First you burn the cash, then comes the crash. Enlarge / Liftoff of Astra's Rocket 3.0 from Cape Canaveral, Florida. (credit: Astra) Astra's long, strange trip in the space business is taking another turn. The company a.....»»
Novel attack against virtually all VPN apps neuters their entire purpose
TunnelVision vulnerability has existed since 2002 and may already be known to attackers. Enlarge (credit: Getty Images) Researchers have devised an attack against nearly all virtual private network applications that forc.....»»
GM-backed self-driving firm Momenta filing for U.S. stock offering, report says
Momenta is working with China International Capital Corp., Goldman Sachs and UBS Group on a potential listing that may happen as early as this year, Bloomberg reported. The IPO could raise $200 million to $300 million......»»
Openlane Q1 earnings: Net income rises 46%; revenue down 1%
Openlane said wholesale used-vehicle sales facilitated through its online marketplace rose 13 percent in the first quarter......»»
Warren Buffett has sold a lot of Apple stock so far in 2024
Famed investor Warren Buffett cut his firm's Apple holdings by 13% in the first quarter of 2023, as analyst consensus was that the iPhone was seeing declining demand.Warren Buffett [Berkshire Hathaway]Buffett is not a long-term investor in Apple —.....»»
The surprise is not that Boeing lost commercial crew but that it finished at all
"The structural inefficiency was a huge deal." Enlarge / Boeing's Starliner spacecraft is lifted to be placed atop an Atlas V rocket for its first crewed launch. (credit: United Launch Alliance) NASA's senior leaders in.....»»
Check out SpaceX’s new spacesuit for first private spacewalk
SpaceX has shown off the new spacesuit that will be worn for the first-ever commercial astronaut spacewalk during the upcoming Polaris Dawn mission......»»
Zeekr aims to raise up to $368 million in U.S. IPO
Zeekr founder and Chairman Shufu Li, according to a U.S. filing, will control almost 75 percent of the shareholder voting power in the company after the IPO......»»
Luminar lays off 20 percent of staff amid restructuring
Approximately 140 employees at lidar technology company Luminar were laid off Friday as the company pivots to an "asset light" model that includes outsourcing industrialization......»»
NASA hasn’t landed on the Moon in decades—China just sent its third in six years
China is going. NASA is talking about going. What gives? Enlarge / A Long March 5 rocket carrying the Chang'e-6 lunar probe blasts off from the Wenchang Space Launch Center on May 3, 2024 in Wenchang, China. (credit: Li Zhenzhou/.....»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
5 key takeaways from April U.S. sales reports
U.S. light-vehicle sales slipped 3.9 percent to 1.32 million last month compared with April 2023; Toyota led among the brands......»»
Ariane 6 launches: Exolaunch"s EXOpod Nova
Europe's newest rocket soon launches, taking with it many space missions each with a unique objective, destination and team at home, cheering them on. Whether launching new satellites to look back and study Earth, peer out to deep space or test impor.....»»
Rocket Report: Astroscale chases down dead rocket; Ariane 6 on the pad
Rocket Factory Augsburg, a German launch startup, nears a test-firing of its booster. Enlarge / This image captured by Astroscale's ADRAS-J satellite shows the discarded upper stage from a Japanese H-IIA rocket. (credit: Astrosca.....»»
Apple reversed its stock trajectory for the year in 30 minutes
Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report.Apple's share price has risen following its latest earnings reportInvestment firm Bernstein was right when it told clients.....»»
Wear OS’s big comeback continues; might hit half of Apple Watch sales
Counterpoint Research projects 27 percent market share this year to Apple's 49. Enlarge / The Samsung Watch 6 classic. (credit: Samsung) Wear OS was nearly dead a few years ago but is now on a remarkable comeback traject.....»»
Pulsed plasma rocket (PPR): Shielded, fast transits for humans to Mars
The future of a space-faring civilization will depend on the ability to move both cargo and humans efficiently and rapidly. Due to the extremely large distances that are involved in space travel, the spacecraft must reach high velocities for reasonab.....»»
Harbour Results, adviser to tool-and-die shops and small manufacturers, acquired by Wipfli
Harbour Results Inc., a longtime advisory group to small- and medium-size automotive manufacturers and tool-and-die makers in North America, was acquired by Milwaukee advisory and accounting firm Wipfli......»»
AM radio law opposed by tech and auto industries is close to passing
A recent test of the emergency alert system found only 1 percent got it via AM. Enlarge / Congress provides government support for other industries, so why not AM radio? (credit: Getty Images) A controversial bill that.....»»
Amazon-funded Anthropic launches AI app to compete with ChatGPT
An Amazon-backed firm that's pushing for safe and trustworthy artificial intelligence apps has released its Claude AI app for the iPhone and iPad — but not the Mac.Anthropic's Claude generative AI app on iPhoneApple could yet be the only generative.....»»
iPhone 15 Pro is unexpectedly the sales champion of spring 2024
Historically, the "Pro" iPhone models get passed by the lower-end model in the spring — but so far 2024 is very different.iPhone 15 loses market share despite series' overall successThe second full quarter since the release of Apple's iPhone 15 ser.....»»