Musk’s SpaceX tumbles back to Earth, dragging Tesla stock down with it – The Washington Post
Musk’s SpaceX tumbles back to Earth, dragging Tesla stock down with it The Washington Post
Musk’s SpaceX tumbles back to Earth, dragging Tesla stock down with it The Washington Post
SUMMARY Indian startups raised about $209.1 Mn across 14 deals between July 18 and July 24, down about 26% from the $281.4 Mn raised across 24 deals in the previous week The fall was driven almost entirely by a collapse in deal volume rather than deal size, with four rounds of $40 Mn or more…
On Wednesday, IBM officially reported earnings and the news was as bad as everyone knew it would be. While the 115-year-old company still generates boatloads of cash — $17.2 billion in revenue, $9.9 billion in gross profit, nearly 58% margins, and $2.2 billion in net earnings for the quarter — its results fell well short…
Chinese regulators are reportedly considering tightening control on export of AI tech, asking the country’s domestic artificial intelligence (AI) startups and semiconductor firms to not let cutting-edge technologies, key training data, or star tech talent fall into Western hands. This follows the cancellation of Meta-Manus deal after Beijing ordered the social media giant to unwind…
Stablecoin issuer Circle surged after the U.S. Office of the Comptroller of the Currency, or OCC, granted it approval Friday to operate as a trust bank, the company said. Shares of the company were off their earlier highs but up 5%. The approval gives the company the ability to manage reserves directly for its regulated…
Last August, co-founder and CEO Ali Ghodsi told the Wall Street Journal that, in his view, ‘Databricks has a shot to be a trillion-dollar company’. US software and data analytics company Databricks is raising a strategic funding round at a $188bn valuation following the signing of a term sheet, it said yesterday (16 July). The…
The petition was delivered by leaders of the Alphabet Workers Union to Sundar Pichai’s office at Google’s California headquarters. More than 4,500 Google employees have signed a petition calling for layoff protections, as sweeping workforce cuts continue to hit the tech industry. The petition was brought to Google’s California headquarters yesterday (16 July) by leaders…