SpaceX Stock Is Down Nearly 50% From Its High — Here’s Why It Could Get Worse Later This Week
Hundreds of millions of SpaceX shares that have been off-limits since the IPO become tradable for the first time. That’s not great news.
Japanese space tech startup Letara expands beyond satellite thrusters with $16M
Japanese space startup Letara is betting its hybrid rocket technology can move beyond small satellite thrusters into a broader market for space, defense and security, after raising ¥2.6 billion ($16 million).
This Netflix VP Confessed to Ketamine Therapy at a Company ‘Trust’ Retreat. He Was Fired a Few Months Later.
Kevin Baillie is suing Netflix for wrongful termination, disability discrimination and lost severance.
Apple says more ex-employees may have taken confidential data to OpenAI
Apple says its trade secrets investigation into OpenAI has widened. In a new court filing, Apple claims additional former staff may have retained or accessed confidential information.
Spotify now has over 300M subscribers
Notably, the company saw its subscriber base swell by 9% in the second quarter despite raising prices in several regions this year.
Flo Rida Won $82 Million in a Contract Dispute. Now He’s Bringing His Name to a Juice Chain’s South Florida Expansion.
The recording artist is becoming an equity partner in Beyond Juicery + Eatery, known for its juices, smoothies and health-conscious menu.
India moves to give its instant payments network a business model
The legislation lays the groundwork for a potential overhaul of India’s zero-merchant-discount-rate regime, under which businesses have not paid fees to accept UPI payments since 2020.
Is the future of data centers portable? Runware builds a pod to find out
On Tuesday, AI infrastructure company Runware announced the launch of its own modular data center called Sonic Inference Pod.
The Download: US robot restrictions, and ICE’s DNA grab
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. Trump’s AI protectionism has come for robotics —James O’Donnell Humanoid robots usually elicit more cringe than awe: They stumble, kick children, and despite advances are still worse at using their hands than my toddler. It’s…
EON wants to move the data superhighway from ocean fiber to space lasers
Endeavour Optical Networks is planning to launch the fastest space laser communications system yet built.
Bending Spoons to buy Airtable for $1.28B
At its peak in 2021, Airtable was valued at over $11 billion, but earlier this year, its shares were said to be trading on the secondary markets at a valuation of $4 billion.