The row of two-story tall 3D printer bays at the company’s headquarters. Relativity Space The founders of two private rocket-building companies met today – one, the richest person on Earth; the other, leader of a venture pushing the boundaries of manufacturing. Jeff Bezos stopped by the gleaming new “factory of the future” of Relativity Space
Technology
Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014. Lucy Nicholson | Reuters Shares in Tesla were down as much as 8% Friday morning. They’ve since recovered to finish down less than 2% as markets showed a dramatic bounceback late on Friday, but
GUANGZHOU, China — China is looking to boost research into what it calls “frontier technology” including quantum computing and semiconductors, as it competes with the U.S. for supremacy in the latest innovations. In its five-year development plan, the 14th of its kind, Beijing said it would make “science and technology self-reliance and self-improvement a strategic
Tampa Bay Buccaneers Tight End Rob Gronkowski (87) celebrates after scoring a touchdown in the first quarter during Super Bowl LV between the Kansas City Chiefs and the Tampa Bay Buccaneers on February 07, 2021, at Raymond James Stadium in Tampa, FL. Cliff Welch | Icon Sportswire | Getty Images Amazon has its eyes set
Hopin is a platform for running events online. Hopin LONDON — Online events platform Hopin said Thursday that it’s raised $400 million at a $5.65 billion valuation, more than double what it was worth in an investment round just four months ago. The London-based start-up was founded less than two years ago but has seen
Satya Nadella, chief executive officer of Microsoft Corp., speaks during a Bloomberg event on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2020. Simon Dawson | Bloomberg | Getty Images Microsoft CEO Satya Nadella is not the type of executive to boast and put down rivals. He’s
An employee sits reflected in a glass screen featuring the London Stock Exchange Group Plc’s logo at their offices in London, U.K., on Thursday, Jan. 2, 2020. Simon Dawson | Bloomberg via Getty Images LONDON — London should reform its listings rules to attract blank-check firms and tech unicorns post-Brexit, a U.K. government-commissioned review said
The Lyft logo is shown on the screen at the Nasdaq offices in Times Square on March 29, 2019 in New York. Don Emmert | AFP | Getty Images Lyft is seeing a recovery in ridesharing sooner than it had expected. In a filing with the SEC Tuesday, the company said that improving trends will
NEW YORK, NEW YORK – SEPTEMBER 20: Apple CEO Tim Cook greets customers at the grand reopening of Apple’s flagship Apple Fifth Avenue retail store on September 20, 2019 in New York City. Taylor Hill | WireImage | Getty Images Shares of Apple closed up 5.39% on Monday to a price of $127.79, outpacing the
When French telecommunications company Altice acquired U.S. cable companies Cablevision and Suddenlink, Chairman Patrick Drahi made a bold statement: Altice USA would rival Comcast and Charter in size, becoming one of the three dominant U.S. cable operators. Fast forward nearly six years, and Altice USA has about 5 million customer relationships, compared with about 31
Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Warren Buffett‘s Berkshire Hathaway conglomerate has a larger stake in Chinese electric automaker BYD than it does of General Motors, according to a letter to shareholders. Berkshire
Amazon CamperForce, launched in 2008, recruits RVers and vandwellers from all corners of the country to work for months at a time during the peak holiday shopping season. Shay Martinez-Machen In 2017, Shay Martinez-Machen was having an identity crisis. She was pregnant with her son, and the private ambulance company she’d worked at for a
A bike messenger carries a DoorDash bag during a delivery in New York, Wednesday, Dec. 9, 2020. Michael Nagle | Bloomberg | Getty Images Still fresh off of a landmark victory in California, companies like DoorDash, Instacart, Lyft and Uber are preparing to bring their message supporting an independent workforce nationwide. But the companies will
After the riots at the Capitol on January 6, debate is swirling over how platforms moderate content and what is protected as free speech. It’s a messy and expensive process, with Facebook spending billions to review millions of pieces of content every day. While TikTok directly employs content moderators, Facebook, Twitter and YouTube outsource most
Co-founder and CEO of Airbnb Brian Chesky speaks during an interview in Langa township, Cape Town, South Africa March 17, 2017. Mike Hutchings | Reuters Airbnb’s stock was up as much as 16% on Friday following a number of analyst reports highlighting that the company is well positioned to capitalize on the expected recovery in
Roblox CEO David Baszucki Roblox Roblox is counting on adults to buy its stock when the company goes public next month. But it also wants them as customers. Roblox has become one of the top-grossing apps on Apple and Google devices through its millions of user-created games that allow kids to hang out with their