Technology

America’s entrenched democracy is struggling to meet the China challenge

America’s entrenched democracy is struggling to meet the China challenge

Prime Minister of Singapore, Lee Hsien Loong, has a unique vantage point for observing the geopolitical competition between the United States and China. What he had to say in April last year should give Americans a break. The United States “may no longer be the superpower, but you will still be … one of the …

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Rivian says it is still on track to build 25,000 electric cars by 2022

Rivian says it is still on track to build 25,000 electric cars by 2022

Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s factory in Normal, Ill. Michael Wayland / CNBC Electric car startup Rivian Automotive said it produced more than 4,000 vehicles in the second quarter and that it continues to build 25,000 vehicles by 2022. Shares of Rivian rose about 10% in …

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Why Planet Labs’ shoebox satellites are on their way into orbit with SpaceX

Why Planet Labs’ shoebox satellites are on their way into orbit with SpaceX

Will Marshall is the co-founder and CEO of Planet Labs Inc. with a model of the Dove satellite at their headquarters in downtown San Francisco, California, seen on Thursday, September 8, 2016, as they create the shoebox-sized satellites that they send out into space, collecting photographs of the earth. Michael Macor | Getty pictures Imagine …

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Amazon takes a stake in Grubhub, adding food delivery benefits to Prime

Amazon takes a stake in Grubhub, adding food delivery benefits to Prime

Food delivery workers on bicycles travel along a street in New York, USA, on Tuesday, March 17, 2020. Debetrius Freeman | Bloomberg | Getty pictures Amazon on Wednesday agreed to take a stake in Grubhub as part of an agreement that will also give members of its Prime subscription program a one-year membership of the …

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Crypto Broker Voyager digital files for bankruptcy protection

Crypto Broker Voyager digital files for bankruptcy protection

Cryptocurrency broker Voyager Digital said it has filed an application for Chapter 11 bankruptcy protection, days after it suspended withdrawals and trading on its platform amid growing turmoil in digital currency markets. The company said it has initiated a Chapter 11 restructuring in New York, where it is based, and will seek recognition of the …

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Twitter’s match with Delhi will define online speech in India

Twitter’s match with Delhi will define online speech in India

Twitter legal challenge to the Government of India on online speech will be closely monitored by US technology companies – including Alphabet, Meta Platforms and Netflix – in hopes of making inroads into the world’s second largest internet market without being seen as enabling government censorship. If Twitter loses, the tight leash will become even …

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Microsoft’s acquisition of Activision for $ 69 billion faces competition in the UK

Microsoft’s acquisition of Activision for $ 69 billion faces competition in the UK

The Microsoft logo is seen on a smartphone placed on the display figure of Activision Blizzard. Given Ruvic | Reuters The British competition watchdog on Wednesday launched an investigation into Microsoft’s acquisition of video game publisher Activision Blizzard. It marks one of the first investigations conducted by a major antitrust enforcer of the $ 68.7 …

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Online ad decline will not be a crack for Google, Facebook, others

Online ad decline will not be a crack for Google, Facebook, others

Online advertising has not already had a good year. But things are getting worse, and Wall Street may be underestimating how much it is. The combined weight of macroeconomic factors such as rising interest rates, the war in Ukraine and rising inflation took some wind out of the online advertising market in the first quarter. …

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