Elon Musk told the FT that Beijing doesn’t want him to sell his Starlink satellite internet service in China. In this picture, Musk speaks about Starlink at Mobile World Congress in June 2021. N...
Tag: Technology
Memory Chip Makers Struggle With Declines in Demand, Price
Listen to article (2 minutes) The pandemic boom in memory chips is on pause. A decline in prices in recent months has led the biggest memory players—including Samsung Electronics and Micron Technology...
How GM plans to convince car buyers to make the EV switch
Electric Chevrolet Silverado shown at the New York Auto Show, April, 2022. Scott Mlyn | CNBC When people think of electric vehicles, their minds typically jump to Tesla. But Elon Musk’s company ...
Walmart Makes a Huge Grocery Move, Amazon Drops Key Technology
Amazon (AMZN) has set the standard for delivery and fulfillment. Before the online leader declared that free, two-day shipping would be the minimum, there was no real set policy for delivery. Basicall...
Tesla Challenger Polestar Looking to Deliver on Big Plans
Back in July, electric vehicle maker Polestar (PSNY) made a bold promise. The Gothenburg, Sweden-based company reported that it delivered 21,200 cars during the first six months of 2022, more than d...
The Bad Year of Chipmakers AMD, Nvidia and Intel Turns Into a Nightmare
It’s a bad dream that slowly turned into a nightmare. And this nightmare doesn’t seem to want to end. The year 2022 has been a painful journey for semiconductor manufacturers. Following...
How Does Micron Technology Make Money In 2022?
| Getty Images Key Takeaways Micron manufactures computer chips for industries and consumer products. Due to the high demand for chips, Micron’s earnings have been stellar. With an economic slow...
How credit cards ruined the airport lounge
This article is reprinted by permission from NerdWallet. Years ago, there were business travelers and there were leisure travelers, and nary did the perks of the high-flying former trickle down to th...
Solana’s latest downtime caused by code bug and malfunctioning node
The Solana blockchain downtime on Sept. 30 was caused by a bug in the blockchain’s code and trigged by a malfunctioning hot-spare node that resulted in duplicate blocks. A hot-spare node is when...
IoTeX’s MachineFi technology solves stagnation in IoT innovation
From its inception in late 2017 to date, IoTeX has evolved significantly. Five years ago, several scientists and a VC expert came together to create what would become one of the world’s most adv...
Crypto dev creates way to access prohibited apps like Tornado Cash
Liam Zebedee, a former developer at DeFi protocol Synthetix, has created a way to allow crypto users to access blockchain protocols like Tornado Cash, which has been made largely inaccessible. Zebedee...
Rocket builder Astra Space gets delisting warning from Nasdaq
A close up look at Astra’s LV0008 rocket at LC-46 in Cape Canaveral, Florida. John Kraus / Astra Embattled small rocket-builder Astra revealed Friday that it received a delisting warning from th...
AMD Stock Is Hitting Lows. Here’s When to Buy.
Advanced Micro Devices (AMD) finally slipped up, just as Nvidia (NVDA) did a few months ago. Shares of the veteran chipmaker are down 8% on Friday, but not because they’re following the broa...
Polestar confirms it will deliver 50,000 electric vehicles in 2022
Polestar, the Swedish electric performance car company, has announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the compa...
Tim Cook supports AR technology
According to Tim Cook, CEO of Apple, the Metaverse will be an integral part of our lives in the future, but not as it is being peddled to us from multiple directions i.e., a kind of high-definition RP...
U.S.-China tensions could ‘supercharge’ China’s innovation: JPMorgan
An employee works on the production line of semiconductor wafer at a factory of Jiangsu Azure Corporation Cuoda Group. China has stepped up investment into its chip industry in a bid to be self-relian...
More than $100 million worth of Binance’s BNB token stolen in another major crypto hack
The logo of cryptocurrency exchange Binance displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images Cryptocurrency exchange Binance suspended its blockchain network Friday after hacker...
AMD Cuts Revenue Forecast Amid Worst Slump in PC Shipments in Years
Listen to article (1 minute) Advanced Micro Devices cut its revenue forecast for the most recent quarter citing weaker-than-expected demand for the personal computers that use its chips. The chip make...
AMD Revenue Warning Has Stock Falling
Advanced Micro Devices warned Thursday afternoon that it will miss its prior guidance for the September quarter, citing deteriorating demand for PCs. The chip maker’s stock is falling in after hours t...
York Space wins $200 million Pentagon contract for T1DES satellites
The S-CLASS platform, designed for missions for a wide variety of government and commercial customers. York Space Systems Spacecraft manufacturer York Space Systems won a Pentagon contact worth up to ...
Opinion: How you can save $60k for a home down payment without risk or waiting forever
Yes, starting from zero and trying to save a bit each month will take a while. To put together that princely sum, you’d have to save $500 a month for around nine years in a high-interest savings accou...