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 rising tide of technological advancements continues to boost investor interest in chip stocks, let us compare prominent chip makers Advanced Micro Devices (AMD) and United Microelectronics (UMC) to…
French in-space transportation company Exotrail is launching two U.S.-based subsidiaries, one focused specifically on serving U.S. government and defense customers, the company said Monday. Tyler Browder, co-founder and former head of satellite software developer Kubos, was installed to lead the new Exotrail U.S., Inc. He joined Exotrail as a senior officer in February, just after […]
PayPal is rolling out a stablecoin for payments and transfers, the company announced on Monday. PayPal USD (PYUSD) is issued by Paxos Trust Company and is backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal says the stablecoin is rolling out to US customers gradually. Eligible U.S. PayPal customers who purchase […]
Zachary Kirkhorn, Tesla’s chief financial officer and so-called ‘Master of Coin‘ stepped down August 4 after 13 years working with the electric vehicle maker, according to a regulatory filing. Vaibhav Taneja, Tesla’s current chief accounting officer, will succeed Kirkhorn. The former CFO will continue his role at Tesla through the end of 2023 to support […]
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The insurance industry shows significant prospects in its property and casualty segment. Therefore, insurance stocks Berkshire Hathaway (BRK.B), Old Republic International (ORI), and Mercury General (MCY), which possess solid growth…
Sometimes conceptualizing automation requires some stretching of the imagination. It’s not always clear why some tasks are prioritized — or how that automation might be implemented. And then there’s window cleaning. While it’s true that window cleaning safety has come a long way since the birth of the skyscraper, it’s still a time and labor-intensive […]
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Worldcoin just officially launched. Why is it already being investigated? It’s possible you’ve heard the name Worldcoin recently. It’s been getting a ton of attention—some good, some … not so good. It’s a…