24 posts tagged ‘business finance’
California Legislators Slam ‘Rash’ NASA Cuts to Marquee Mars Mission
Six California lawmakers wrote to NASA Administrator Bill Nelson last week to oppose the agency’s recent cuts to the Mars Sample Return mission, which aims to bring samples collected by the Perseverance rover on Mars to Earth. Read more...
Europe’s Next-Gen Rocket Performs Successful Full-Scale Rehearsal Ahead of Inaugural Flight
The European Space Agency (ESA) has successfully conducted a full-scale rehearsal of its new Ariane 6 rocket at Europe’s Spaceport in French Guiana, marking a significant step towards the launch vehicle’s first flight. Read more...
What to Expect from Virgin Galactic's Upgraded Spaceplane
After a few short trips to the edge of space, Virgin Galactic’s VSS Unity spaceplane is set for retirement, making room for a worthy successor. The company’s Delta class vehicle is gearing up for its debut in 2025, promising to bring in some profit with weekly suborbital flights. Read more...
Sam Altman Is So Back at OpenAI, but Its Board Is So Not Back
Sam Altman was reinstated as OpenAI’s Chief Executive Officer late on Tuesday night. The board that fired Sam Altman due to a lack of confidence, just four days ago, was largely replaced with profiteering veterans Larry Summers and Bret Taylor. Co-founder Greg Brockman will return to OpenAI, minus his board seat, as… Read more...
Spotify Tackles Its Noise Problem
This week, Spotify shared an update on its policies, aiming to “better support those most dependent on streaming revenues as part of their livelihood,” according to a company post. The updates address “artificial streaming,” the number of plays required to monetize tracks, and new minimums for the length of noise… Read more...
Teenage Engineering Just Released a $250 Toy Car
Teenage Engineering, the Swedish electronics firm, is known for its beautiful but pricey products—the bulk of which amount to functionalist art. Need a $1600 aluminum desk? TE’s got you covered. How about a $2,000 set of singing, wooden dolls? Again, the company is there to serve. We also wouldn’t have the Nothing… Read more...
Binance CEO Pleads Guilty to Money Laundering Violations, Will Step Down
Binance founder Changpeng Zhao (CZ) will step down from his CEO duties and plead guilty to criminal charges, paying a $50 million fine, according to court documents made public Tuesday. The Department of Justice is expected to announce a $4 billion settlement with Binance this afternoon, putting an end to an… Read more...
Elon Musk Blames Reporters for Fleeing Advertisers, Not His Tweets on Jews
In a lawsuit filed Monday night, Elon Musk’s X is alleging a report on content moderation from Media Matters maliciously scared off advertisers like Apple and IBM. Last week, the media watchdog reported advertisements from major brands were appearing next to antisemitic content on the platform. But Musk may have… Read more...