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Elon Musk's Boring Company reduces its ambitions on the East Coast

This week Elon Musk's tunnel excavation released a massive, 505-page report on the proposal to connect Washington DC and Baltimore via a high-speed transit system. It was a small but necessary step to realize Musk's dream of a hyperloop on the East Coast, which he tweeted almost two years ago. So far, most of what we know about the Boring …

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Amazon's global broadband ambitions begin with 3,236 satellites

Amazon has confirmed that it is working to open a satellite broadband service that will serve most of the world. The plans, first reported by GeekWire were codenamed "Project Kuiper." This name refers to the icy asteroid belt between Neptune and Pluto. They called for a total of 3,236 satellites distributed at three different levels of near-Earth orbit. The documents …

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US ban threatens Beijing's ambitions as a tech power

A US ban on American companies doing business with a Chinese chip maker accused of stealing technology secrets threatens to oust a company with $ 5.7 billion in government funding, which is China's ambition to build a World-class semiconductor industry damaged. Fujian Jinhua Integrated Circuit Co., established in 2016, built a factory aiming to end China's dependence on foreign semiconductors …

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Sovereign Wealth Funds are picking up their growing ambitions

LONDON – When Lucid Motors, a maker of electric cars, announced that it had raised $ 1 billion in funds last month, the transaction was just another Silicon Valley megaround at first sight. But what distinguished the deal was the identity of the main investor: the Public Investment Fund or PIF, an arm of the Saudi Arabian government charged with …

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NBC's Noah Oppenheim killed Ronan Farrow's Harvey Weinstein exposé to protect his Hollywood ambitions: Report

NBC News slipped a Pulitzer Prize-winning story because Honchos on the Peacock network did not want them to see the light of day, a former producer of NBC News said Daily Beast In the site's bomb report on Thursday, NBC news producer Rich McHugh, who worked with Ronan Farrow on investigating alleged sexual misconduct by Hollywood producer Harvey Weinstein, claimed …

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Apple's Tim Cook suggests TV ambitions

Apple has great ambitions on television. Sarah Tew / CNET Apple is definitely working on something when it comes to TV – but it's still unwilling to tell us about it. CEO Tim Cook on Tuesday hinted Apple's ambitions, but, in typical Cook fashion, did not reveal any specifics. "Last year, we hired two highly respected TV managers who have …

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Chinese bike-sharing company reduces US ambitions

Chinese bike-sharing startup Ofo moves back to its US business. Less than a year after its launch in the US, Ofo now says it is releasing staff across the country and moving out of several cities. "As we continue to introduce bike-sharing in communities around the world, Ofo has begun to reassess markets that are obstacles," said Andrew Daley, head …

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AirPods and HomePod updates bring Apple closer to its audio ambitions

Video: WWDC 2018: The Big Productivity Features of Apple's Developer Event Even with Apple's inevitable shift to a more service-based model, there is still much to discover for the company. When it comes to the latest market launches, the screens give way to the sounds. The company launched wireless earphones and smart speakers after these categories had grown for years. …

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AirPods and HomePod updates bring Apple closer to its audio ambitions

Video: WWDC 2018: The Big Productivity Features of Apple's Developer Event Even with Apple's inevitable shift to a more service-based model, there is still much to discover for the company. When it comes to the latest market launches, the screens give way to the sounds. The company launched wireless earphones and smart speakers after these categories had grown for years. …

Read More »