SenseTime, a Chinese artificial intelligence company, has filed to go public in Hong Kong. The move comes as China continues to tighten regulation on the country’s technology giants. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images GUANGZHOU, China — One of China’s top artificial intelligence firms SenseTime has filed for an initial public
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[Please refresh the page if you do not see the video player above.] Rocket builder Astra Space is going for its first launch since the company went public, and aiming to reach orbit for the first time. The new space company cut short its first launch attempt on Friday, with the rocket’s engines firing for a moment and
In this article TSLA A 2019 Tesla Model 3 hit a Florida Highway Patrol car in Orlando on the morning of August 28, 2021. No injuries were reported. Courtesy: Florida Highway Patrol The driver of a 2019 Tesla Model 3 told officers she was using Autopilot, Tesla’s advanced driver assistance system, when she collided with
Craig Barritt | Getty Images The digital media industry has reached a strategic crossroads. Earlier this year, special purpose acquisition vehicles (SPACs) appeared to be the long-awaited savior of digital media companies. BuzzFeed, Vice, Bustle Digital Group and others with venture capital backing had a plan to pay back investors with publicly traded stock. A
In this article DASH A bike messenger carries a DoorDash bag during a delivery in New York, Wednesday, Dec. 9, 2020. Michael Nagle | Bloomberg | Getty Images The City of Chicago filed two sweeping lawsuits against DoorDash and Grubhub for allegedly deceiving customers and using unfair business practices. The suits echo longstanding claims from
Elizabeth Holmes, founder and former chief executive officer of Theranos, center, exits U.S. federal court in San Jose, California on May 6, 2021. Nina Riggio | Bloomberg | Getty Images He was the father of newborn twins who wanted to make a difference in healthcare. Now, with Elizabeth Holmes’ criminal fraud trial set to begin
In this article AAPL Tim Cook at WWDC21 on June 7th, 2021. Source: Apple Apple will allow app developers to email their users about non-Apple purchase options, in a major change to App Store policies. Previously, Apple prohibited app makers to steer users through email to their websites to pay for digital products. App makers
In this article Samsung Electronics’ foldable smartphone Galaxy Z Fold3 is seen in this undated handout photo released to Reuters on August 11, 2021. Samsung Electronics | Reuters Samsung’s new folding phone, $1,799 Galaxy Z Fold 3, launches on Friday. I was unimpressed with the first two models, but after testing this one for two
In this article MSFT AMZN REDMOND, UNITED STATES – 2021/01/25: Microsoft logo seen at their building in Redmond. Microsoft will publish fiscal year 2021 second-quarter financial results on January 26. Toby Scott | SOPA Images | LightRocket | Getty Images Microsoft has hired Amazon cloud executive Charlie Bell as a corporate vice president, CNBC has
In this article APO VZ The Yahoo! and AOL logos displayed. Justin Sullivan | Getty Images Apollo Global Management is preparing to close its $5 billion acquisition of Verizon Media on Sept. 1, and the private equity firm is already causing consternation among existing executives at the company soon to be known as Yahoo. Apollo
In this article MSFT Microsoft’s Xbox Series S (L) and Xbox Series X consoles. Phil Barker | Future Publishing | Future via Getty Images Microsoft is bringing its cloud gaming service to Xbox consoles later this year. The company announced Tuesday that Xbox Cloud Gaming, which lets players stream games rather than having to install
Apple CEO Tim Cook attends the opening of the new Apple Tower Theater retail store at Apple Tower Theatre on June 24, 2021 in Los Angeles, California. JC Olivera | Getty Images Ten years ago, Tim Cook was named CEO of Apple. He had a tough task. His predecessor Steve Jobs founded the company, and
Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters Tesla CEO Elon Musk on Monday called the latest release of the company’s experimental driver assistance software, FSD Beta 9.2, “actually not great” on Twitter. Specifically, Musk wrote: “FSD
In this article COIN Chesnot | Getty Images Digital currency company Circle had long claimed its stablecoin, USD Coin, was backed 1:1 by actual dollars in a bank account. In July, it was revealed this was no longer the case, with Circle disclosing in an “attestation” from auditors Grant Thornton that cash made up just
In this article LTC.CM= ETH.CM= BCH.CM= BTC.CM= PYPL PayPal has launched its cryptocurrency service in the U.K. PayPal LONDON — PayPal is launching its cryptocurrency service in the U.K. The U.S. online payments giant said Monday it would let British customers buy, hold and sell digital currencies, starting this week. It marks the the first
Satya Nadella, chief executive officer of Microsoft Corp., speaks during an Economic Club of New York event in New York, U.S., on Wednesday, Feb. 7, 2018. Nadella discussed the responsibility tech companies need to take over the future of artificial intelligence. Mark Kauzlarich | Bloomberg | Getty Images Personal computers with Windows have made sounds
Crypto trader and vlogger Farhan Hotak traveling to the Shah Wali Kot District in Afghanistan. Farhan Hotak isn’t your typical 22 year-old Afghan. In the last week, he helped his family of ten flee the province of Zabul in southern Afghanistan and travel 97 miles to a city on the Pakistani border. But unlike others
The OnlyFans logo displayed on a laptop. Gabby Jones | Bloomberg | Getty Images OnlyFans is banning the one thing most users go to its site for: pornography. The U.K.-based content subscription service said Thursday it would no longer allow “sexually explicit” content, starting from Oct. 1. OnlyFans said the decision was taken to comply
In this article TSLA Elon Musk Tesla Bot Tesla will build a humanoid robot called Tesla Bot, CEO Elon Musk said on Thursday. “We’re also good at sensors and batteries and we’ll probably have a prototype next year that looks like this,” Musk said, shortly after an actor in a body suit designed to look
In this article AMZN John MacDougall | AFP | Getty Images Amazon is planning to open large retail locations that resemble department stores, according to a Wall Street Journal report. The newspaper, citing people familiar with the plans, reported that some of the first Amazon department stores are expected to be in California and Ohio.