MIT Technology Review Explains: Let our writers untangle the complex, messy world of technology to help you understand what’s coming next. You can read more from the series here. In January, Elon Musk’s SpaceX filed an application with the US Federal Communications Commission to launch up to one million data centers into Earth’s orbit. The…
As the buy now, pay later (BNPL) market continues on its slow decline, one of the major players, Splitit, is embarking on an effort to reorganize and pivot. Splitit today announced that it has a $60 million “capital commitment” from strategic investors including Thorney Investment Group, Parea Capital and Motive Partners. Bringing the startup’s total […]
You’ve surely seen all of those videos of robots opening and walking through doors. The dirty little secret is that most or all of them involved a good bit of human hand holding. That can come in the form of manual remote guidance wherein a user remotely controls the process in real-time or a guided […]
Vietnamese EV maker VinFast’s debut Tuesday on the Nasdaq public exchange was nothing short of remarkable. The automaker, which went public via a merger with special purpose acquisition company Black Spade Acquisition, saw shares catapult 68% to close at $37.06 — giving it a valuation of $86 billion, a figure far above Ford, GM and […]
The owner of San Francisco luxury department store Gumps took out a full-page ad in “The San Francisco Chronicle” to express concern over the city’s current state and call on city officials to clean up the streets.