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.....»»
There’s an AI Lobbying Frenzy in Washington. Big Tech Is Dominating
Spending on lobbying to shape AI policy in Washington is soaring—and tech giants are leading the charge. The number of groups lobbying the U.S. federal government on artificial intelligence nearly tripled from 2022 to 2023, rocket.....»»
Rivian"s Q1 net loss widens to $1.45 billion as revenue nearly doubles to $1.2 billion
Rivian's first-quarter deliveries surged 71 percent to 13,588 while production rose 48 percent to 13,980. Rivian expects to build 57,000 vehicles this year, about the same as last year......»»
New iPad Pro loses ultra-wide camera, fastest spec M4 chip exclusive to 1 TB and 2 TB models
While the new iPad Pro with M4 is a major step forward across the board, there a couple gotchas to be aware of. Firstly, with this generation, Apple has removed the ultra-wide camera from the rear camera module altogether. Also, while Apple touts.....»»
Apple in talks with Rivian, likely over Apple Car revival
Apple is said to be investigating a partnership with a US electric vehicle firm, believed to be Rivian, in a move that could mean reviving the Apple Car.Rivian R1TThe whole Apple Car project was reportedly scrapped in February 2024, with its team red.....»»
Faulty valve scuttles Starliner’s first crew launch
The soonest opportunity for Atlas V and Starliner to launch is Friday night. Enlarge / The Atlas V rocket and Starliner spacecraft on their launch pad Monday. (credit: NASA/Joel Kowsky) Astronauts Butch Wilmore and Suni.....»»
Boeing Starliner crewed mission postponed until at least Friday
The first crewed launch of Boeing's Starliner spaceship will have to wait until at least Friday to give ground teams time to analyze a malfunctioning rocket valve, pushing back a high-stakes test trip to the International Space Station......»»
Ferrari posts 13% rise in quarterly earnings amid flat deliveries
Adjusted earnings before interest, taxes, depreciation and amortization climbed 13 percent in the period, to €605 million......»»
AlixPartners agrees to acquire global automotive consulting firm Berylls
AlixPartners plans to add Berylls' expertise in digital, strategy and growth consulting......»»
Expelling students for bad behavior seems like the obvious solution, but is it really a good idea?
Two male students have been expelled from a Melbourne private school for their involvement in a list ranking female students......»»
Apple Car may not be completely dead -- Apple is discussing a partnership with Rivian
Apple is said to be investigating a partnership with a US electric vehicle firm, believed to be Rivian, in a move that could mean reviving the Apple Car.Rivian R1TThe whole Apple Car project was reportedly scrapped in February 2024, with its team red.....»»
Lucid reports Q1 net loss of $685 million and revenue of $173 million as cash burn continues
Lucid's net loss was an improvement over the $780 million loss in the first quarter of 2023, but the company's stock price sank 7.5 percent in after-hours trading Monday to $2.82 per share......»»
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/.....»»