Elon Musk, Jeff Bezos rivals for dominance in Satellites, Trucks and other areas
SpaceX and Amazon are both in the broadband satellite business, with Musk’s space company doing so through Starlink and the Bezos-founded tech giant via its Project Kuiper. Starlink’s impressive constellation includes thousands of satellites. The internet that they help facilitate is available in many places around the world.Tesla, the electric vehicle (EV) maker that Musk
Bitcoin hits a new all-time high
In the derivatives markets, BTC’s open interest rate on perpetual-swap is at $34.9 billion. Futures-contract open interest for BTC is standing at $2.2 billion. On the other hand, Bitcoin exchange-traded funds or ETFs have seen massive inflows of +607.10 million yesterday. A total of $530.6 million went into BlackRock’s iShares Bitcoin Trust (IBIT).While people in
Amazon Prime Air drone delivery servcie
The MK30 drones are programmed to scan for a safe landing spot like a yard or open space near your home. They hover at a height of about 13 feet and gently drop the package. Previously, drones relied on QR codes to find delivery spots, but now the onboard system intelligently detects where to release
Trump wants Android phones made in the USA
President Trump announced that he would impose sweeping tariffs on smartphone manufacturers to encourage them to make phones in the United States. First, in a social media post earlier on Friday, he said these tariffs would apply specifically to Apple at a rate of 25%. However, during a White House briefing later, he said similar
Alibaba unveils global cloud network plan
Alibaba CEO Eddie Wu has announced plans to build a global cloud network following the company’s commitment of over 380 billion yuan (approximately $52.7 billion) to enhance computing and AI infrastructure in China.Presently, the Alibaba Cloud service operates across 87 zones, with the service cutting across 29 regions. It offers 394 cloud computing and AI
X suffers major outage
Elon bought X in 2022, back when it was still called Twitter. Since then, the site’s had multiple blackouts, and every one of them adds fuel to the criticism about how it’s being run. This latest breakdown landed while Elon was busy with more than just tech.Tens of thousands of users were thrown off X,
3AM Ransomware Gang Hacking
While the ransomware attack itself was largely thwarted by the targeted organization’s Sophos network defenses (despite the attackers’ attempts to disable MFA and endpoint protection itself), these cases stress the need for proactive cybersecurity measures. A recent campaign by 3AM ransomware actors found the team using more proactive techniques rather than simple opportunistic hacks by
Microsoft Stock Price
Microsoft is a leader in cloud computing and artificial intelligence. It is capitalizing on its Azure platform’s momentum as revenue jumped 33%, driven by AI services, though offset by tariff concerns following a U.S.-China trade pause on May 11 that momentarily reduced tariffs from 145% to 30%.Microsoft is dedicating significant capex to AI and cloud
Sunbird Migratory Transfer Vehicle, a nuclear fusion rocket concept
Nuclear fusion is the pinnacle of space propulsion technology. These reactors are uniquely suited to operate in orbit, where there’s no atmosphere. In many ways, it’s actually more practical to use fusion for in-space propulsion than it is for energy generation on Earth.The Sunbird Migratory Transfer Vehicle, a nuclear fusion rocket concept by Pulsar Fusion,
Trump Threatens Apple
As the impact of Trump’s tariffs, which continue to include a 10% blanket levy and effective tariffs of some 40% on Chinese goods, has come sharper into view for U.S. firms, Trump has increasingly taken aim at their responses.Apple shares dropped as much as 3% Friday after President Donald Trump threatened the tech giant with