Adam Neumann, co-founder and former CEO of the co-working space chain WeWork, has submitted a bid to buy the bankrupt company he was ousted from, the Wall Street Journal reports. Read more...
It might be the end of the line for Fisker . The New York Stock Exchange said Monday that it had suspended trading of the electric vehicle startup’s shares and would soon delist the stock. The exchange cited “abnormally low” share prices. Read more...
Private aerospace company Boom Supersonic got its XB-1 demonstrator aircraft in the air and back down again last week, completing the carbon fiber plane’s first successful flight. It hasn’t broken the sound barrier yet, but the new plane is notable for setting the stage for a
Neuralink, Elon Musk’s brain-computer interface company, kicked off 2024 by announcing its first successful human trial . There was some skepticism about the surgery, so last week that human came forward to show off just how incredible Neuralink can be. Read more...
It seems Lexus has decided to leave us landlubbers behind and take to the seas . The automaker just unveiled its new flagship: a 2,000 horsepower, 68-foot long yacht with a 1,849-gallon fuel tank, accommodations for 15 people and six beds. Read more...
Shares in Apple , Facebook parentMeta, and Google parent Alphabet dipped in Monday trading following the announcement of the European Union’s sweeping new probe of the tech giants . Read more...
Under Neumann, WeWork grew to be the most valuable US startup worth $47 billion. The flexible workspace provider filed for bankruptcy in November.
While everyone was talking about Reddit , Astera Labs quietly took the IPO market by a storm. Read more...
Dave Calhoun is out as Boeing’s CEO . He’ll stick around until the end of the year, but he’ll be invested in the company for years to come. Read more...
The golden age for CEO whisperers may be coming to an end
A US judge says Mr Musk's social media firm had sued to punish its critics.
We may be months out from the iPhone 16 , but that hasn’t stopped the iPhone 15 gravy train from making a sloppy stop into the early spring “hot Amazon deal” circuit. A new deal on Amazon’s Big Spring Sale Event seems to imply you can nab an iPhone 15 or iPhone 15 Pro or Pro
The beleaguered aerospace giant announces a management shake-up
If frolicking in the woods foraging for wild mushrooms is on your bucket list, by all means, go forth. But when the time comes to determine whether you can eat the mushrooms you picked, please don’t rely on AI. Read more...
Ever since tech companies learned that data can be sold for dollars , modern gadgets have collected every iota of user info possible just to sell off to the highest bidder . Your car has long been part of this data-sharing network , but it seems its part is larger than most of
There’s new drama in the space industry. Boeing filed a lawsuit against Virgin Galactic, accusing it of retaining trade secrets that the two companies had exchanged while working to develop a new mothership, which is still in development. Read more...
A federal judge in California on Monday dismissed a lawsuit by Elon Musk’s social media platform X. The lawsuit was brought against the non-profit, anti-hate speech group Center for Countering Digital Hate (CCDH). Read more...
The co-founder of a popular meat sticks brand sold at Trader Joe's says his upbringing in an immigrant family on Long Island taught him resilience — one of the many things that has led "Chomps" to runaway success.
The stock market had a case of the Mondays. The week kicked off on a slow note , with news from China that the country is banning Intel and AMD chips in its government computers. Read more...
It has all the makings of a crypto-criminal thriller: a global digital currency exchange, an (alleged) tax money heist, captured executives, and Nigerian feds hot on the pursuit. But today, the real-life case of Binance and the nation of Nigeria added a new twist to the alleged
Sam Altman won big when the internet’s front page made its eye-popping debut on the stock market last week. Read more...
Dave Calhoun may not be the CEO of beleaguered plane manufacturer Boeing for much longer, but he may have one more task up his sleeve before his retirement at the end of the year — on top of stabilizing the ever-growing 737 Max mess. Read more...
Oil made — and continues to make — Saudi Arabia one of the world’s richest countries. But as the threat of climate change becomes too large to ignore, “ Big Oil” is looking to cash in on the renewed interest in cleaner alternatives, namely electric vehicles. Read more...
Beloved ketchup maker Kraft Heinz is going green — not in color. Don’t worry. Those days are over, at least for now. Read more...
