Tag: Breaking News: Technology

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SpaceX valuation surges to $350 billion as company buys back stock

SpaceX valuation surges to $350 billion as company buys back stock

SpaceX's next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched on its sixth test at the company's Boca Chica launch pad [...]
Olympics transformed Salt Lake City into a tech hub

Olympics transformed Salt Lake City into a tech hub

Spectators file into the Olympic Medal Plaza in downtown Salt Lake City, Utah, during the 2002 Olympics. Buildings are draped with Olympic athletic fi [...]
GM to sell stake in battery cell plant to LG partner for $1 billion

GM to sell stake in battery cell plant to LG partner for $1 billion

General Motors revealed its all-new modular platform and battery system, Ultium, at its Tech Center campus in Warren, Michigan, on March 4, 2020.Photo [...]
Trump nominates Jared Isaacman for NASA Administrator

Trump nominates Jared Isaacman for NASA Administrator

Inspiration4 mission commander Jared Isaacman, founder and chief executive officer of Shift4 Payments, stands for a portrait in front of the recovered [...]
Tech stocks hit first all-time high since July

Tech stocks hit first all-time high since July

Yuichiro Chino | Moment | Getty ImagesTechnology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors [...]
AI play Pure Storage soars 21% after touting it won a contract with an unnamed big tech company

AI play Pure Storage soars 21% after touting it won a contract with an unnamed big tech company

Low-angle view of sign with logo on facade of technology company Pure Storage in the Silicon Valley town of Mountain View, California, October 28, 201 [...]
Auto industry pulls back after unprecedented EV, self-driving spending

Auto industry pulls back after unprecedented EV, self-driving spending

Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizon [...]
Watch SpaceX launch Starship’s sixth test flight

Watch SpaceX launch Starship’s sixth test flight

SpaceX launched the sixth test flight of its Starship rocket on Tuesday, as the company looks to keep up momentum of the mammoth vehicle's development [...]
SpaceX President Gwynne Shotwell welcomes competition for Starlink, rockets

SpaceX President Gwynne Shotwell welcomes competition for Starlink, rockets

SpaceX President and Chief Operation Officer Gwynne Shotwell speaks during the NASA Commercial Crew Program (CCP) astronaut visit at the SpaceX headqu [...]
Wood says ARK Innovation fund shouldn’t be ‘huge slice of any portfolio’

Wood says ARK Innovation fund shouldn’t be ‘huge slice of any portfolio’

Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange on Feb. 27, 2023.Brendan McDermid | Reu [...]
Space stocks rally on ‘Trump-Elon trade,’ analysts say

Space stocks rally on ‘Trump-Elon trade,’ analysts say

A hot fire test of an Archimedes engine, which powers the company's Neutron rocket.Rocket LabThis past week saw several pure-play space stocks rally, [...]
Wall Street expects Trump presidency will unlock deal-making

Wall Street expects Trump presidency will unlock deal-making

Attendees cheer as a broadcast of former US President and Republican presidential candidate Donald Trum speaking at his Florida election party is show [...]
Apple commits $1.5 billion to Globalstar for iPhone satellite services

Apple commits $1.5 billion to Globalstar for iPhone satellite services

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services, the companies disclosed in [...]
Space Force plans alternative GPS network with Astranis, others

Space Force plans alternative GPS network with Astranis, others

A depiction of Nexus satellites in a medium Earth orbit constellation.AstranisThe U.S. Air Force began deploying the Global Positioning System — more [...]
Lucid has high hopes for new Gravity SUV as customer orders open

Lucid has high hopes for new Gravity SUV as customer orders open

Lucid Gravity Grand Touring SUVLucidElectric vehicle startup Lucid Group is counting on its upcoming Gravity SUV to assist the automaker in a "signifi [...]
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