Edward

Former Tesla CFO joins drone delivery startup Zipline

Deepak Ahuja, Tesla CFO (left) and Elon Musk, Tesla founder and CEO (right), at the Nasdaq opening bell ceremony for the Tesla initial public offering on Tuesday, June 29, 2010. Daniel Acker | Bloomberg | Getty Images Former Tesla CFO Deepak Ahuja will join Zipline’s leadership team as the company’s …

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Apple event this year had an unusually dark undertone

When Apple held its annual launch event for the iPhone 13 in 2021, it started with a joyful video featuring jazz dancers celebrating the natural beauty of California (which can be captured with an iPhone camera, of course). The tone of Apple’s iPhone 14 launch this week was darker. After …

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Amazon plans job cuts in health-care unit after shuttering telehealth

The Amazon Spheres in Seattle Washington on Sept. 20th, 2018.  Todd Haselton | CNBC Amazon is preparing to cut more than 150 jobs as it winds down its telehealth offering known as Amazon Care, according to filings submitted in Washington state. Amazon said 159 employees will be laid off from …

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Roblox jumping into ads in effort to diversify beyond virtual goods

Roblox has built a userbase of over 52 million people by providing a gaming and entertainment platform that’s mostly been targeted at kids. Now the company wants advertisers to join the party. As part of its annual developer conference on Friday, Roblox is announcing plans to debut ads next year, …

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Amazon acquires warehouse machinery and robotics maker Cloostermans

A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon has acquired Cloostermans, a Belgian company that makes technology used in warehouses, the company announced Friday. …

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Why car-free cities could be the future

Cities around the world are proposing to replace the space taken up by parked cars with usable areas for people. Personal cars sit parked about 95% of the time, according to a study by the RAC Foundation. And they take up valuable real estate in urban areas. Roads and parking …

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Apple seeks prestige, not subscribers

Brendan Hunt, Jason Sudeikis and Brett Goldstein star in AppleTV+’s “Ted Lasso.” Apple Is this the year of Apple TV+? The streamer’s historic Oscar win for Best Picture was overshadowed by an altercation between actor Will Smith and comedian Chris Rock in March, but big wins at Monday’s Emmys could …

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Bitcoin (BTC) tops $20,000 in ‘bearish rally’ as U.S. dollar falls

Bitcoin prices have been under pressure in 2022 after the collapse of algorithmic stablecoin terraUSD and subsequent bankruptcy filings from lender Celsius and hedge fund Three Arrows Capital. Nicolas Economou | Nurphoto | Getty Images Bitcoin surged 8% on Friday breaking back above the $20,000 mark as the U.S. dollar …

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Tesla evaluating lithium refinery in Texas for electric car batteries

Elon Musk had previously suggested Tesla could get into lithium refining at scale because the cost of the metal, a key component in manufacturing batteries, has surged. If Tesla’s application in Texas is approved, construction on a lithium hydroxide refining facility could begin in the fourth quarter of 2022. Christophe …

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