Related to big tech, emerging tech, climate tech, science, space, engineering, internet, etc
May 14, 2022
On Friday, Elon Musk put his $44 billion deal for Twitter "temporarily on hold" while he awaits data on the proportion of its fake accounts. In a tweet, the Tesla billionaire referred to a Reuters story from May 2nd, citing a financial filing from Twitter that estimated false or spam accounts made up fewer than 5% of the company’s "monetizable daily active users" in the first quarter.
May 13, 2022
Astronomers have captured the first image of the black hole at the center of the Milky Way. On Thursday, scientists announced the image of Sagittarius A* (Sgr A*) captured using the Event Horizon Telescope (EHT).
May 10, 2022
On Monday, the Biden-Harris administration announced that 20 internet providers have agreed to provide their services at a discount to millions of American families. A White House release stated, "As part of the Bipartisan Infrastructure Law, the President and Vice President worked with Democrats and Republicans to create the Affordable Connectivity Program (ACP), which allows tens of millions of American households to reduce their internet service costs by up to $30/month (or $75/month on Tribal lands)."
May 6, 2022
Elon Musk had promised to raise $20 billion of equity to pay for Twitter, yet it's still unclear where that money will come from. On Thursday, Musk secured partners to raise $7 billion to fund his buyout of the social media company.
May 5, 2022
A prominent corporate reformer has pitched an idea to Elon Musk as the latter assumes control of Twitter Inc - to turn the social media platform into a "public benefit corporation" (PBC) to work for all stakeholders, not just its investors. Rick Alexander, the CRO of The Shareholder Commons, stated that adopting this specific legal structure would be one of several ways that Twitter (TWTR.N) could ensure that it serves the public interest - even in the event that Musk eventually sells the company again.
May 3, 2022
On Monday, Qantas announced its purchase of 12 Airbus A350-1000 aircraft. The new aircraft will operate under "Project Sunrise" and are set to connect Sydney to London and New York by 2025.
April 29, 2022
Facebook parent Meta’s first-quarter profit jumped well past Wall Street’s expectations despite slower revenue growth. The company earned $7.47 billion, or $2.72 per share, in the January-March period - down 21% from $9.5 billion, or $3.30 per share in the same period a year earlier.
April 28, 2022
On April 27th, NASA's SpaceX Crew-4 mission successfully launched from the Kennedy Space Center, carrying the fourth commercial crew rotation mission aboard the International Space Station (ISS). SpaceX's Falcon 9 rocket propelled the Dragon spacecraft into orbit, the latter later successfully docking with the ISS at 7:37 PM ET.
April 28, 2022
DJI Technology Co Ltd., a Chinese company that produces drones, has announced they will be suspending business in Russia and Ukraine. DJI news stated, "DJI is internally reassessing compliance requirements in various jurisdictions. Pending the current review, DJI will temporarily suspend all business activities in Russia and Ukraine."
April 27, 2022
Germany has announced its first delivery of heavy weapons to Ukraine to help it fend off Russian attacks after weeks of pressure from home and abroad. Berlin green-lighted the delivery of tanks with anti-aircraft guns in a move welcomed by the United States.