Technology

Uber, Amazon, and Facebook Have Slowed Hiring. Why Others Could Follow.

Uber, Amazon, and Facebook Have Slowed Hiring. Why Others Could Follow.

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Text size Uber is one of multiple tech companies slowing down hiring and cutting back on spending. Drew Angerer/Getty Images facebook parent Meta Platforms , ride-share service provider Uber Technologies and tech and online retail giant Amazon.com have announced hiring slowdowns in recent weeks. It’s all about keeping down costs, according to one economist. Peter …

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NASA Releases Ridiculously Sharp Webb Space Telescope Images

NASA Releases Ridiculously Sharp Webb Space Telescope Images

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NASA held a press conference Monday morning to discuss the precise alignment of the Webb Space Telescope and the spacecraft’s upcoming scientific operations. The space agency also released images from the telescope that put Webb’s progress on dazzling display. “I’m delighted to report that the telescope alignment has been completed with performance even better than …

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Rivian Stock Slumped. Ford Plans to Sell Part of Its Stake.

Rivian Stock Slumped. Ford Plans to Sell Part of Its Stake.

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Text size Ford is planning to sell 8 million of the roughly 100 million shares of Rivian the company holds, according to multiple reports. Courtesy Rivian Shares of the electric-truck startup Rivian Automotive fell Monday. Ford-Motor is the main reason, but there is something else troubling investors. Just look at the overall market. Everything ended …

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Ingenuity Mars Helicopter Went Silent, Leaving Anxious NASA Team in the Dark

Ingenuity Mars Helicopter Went Silent, Leaving Anxious NASA Team in the Dark

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Late last week, NASA’s Ingenuity helicopter managed to reestablish its connection with the Perseverance rover following a brief communications disruption. The space agency says the looming winter is likely responsible and is making adjustments as a result. On Thursday, Ingenuity—mercifully—sent a signal to Perseverance after the intrepid helicopter missed a scheduled communications session. It marked …

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Uber to cut down on costs, treat hiring as a 'privilege': CEO email

Uber to cut down on costs, treat hiring as a ‘privilege’: CEO email

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Uber will cut back on spending and focus on becoming a leaner business to address a “seismic shift” in investor sentiment, CEO Dara Khosrowshahi told employees in an email obtained by CNBC. “After earnings, I spent several days meeting investors in New York and Boston,” Khosrowshahi said in the email, which was sent out late …

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Meta is opening a store as VR headset sales inch closer to mainstream

Meta is opening a store as VR headset sales inch closer to mainstream

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Katie Contreras and Chris Nguyen, experience experts, stand at the Customer Onboarding station for the Quest Demo space during a preview of the inaugural physical store of Facebook-owner Meta Platforms Inc in Burlingame, California, May 4, 2022. Brittany Hosea-Small | Reuters A good number of teenagers have virtual reality headsets, but have they starting using …

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What Bitcoin Could Be Worth to Fidelity. You'll Be Surprised.

What Bitcoin Could Be Worth to Fidelity. You’ll Be Surprised.

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Text size Fidelity’s push into Bitcoin is raising controversy but could be lucrative for the company. Dreamstime.com Fidelity Investments shocked the retirement industry last month with a move to make Bitcoin available in 401(k) plans. Add up the revenue that might bring in, and it starts to be less of a surprise. Fidelity is the …

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What Bitcoin Could Be Worth to Fidelity. You'll Be Surprised.

What Bitcoin Could Be Worth to Fidelity. You’ll Be Surprised.

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Text size Fidelity’s push into Bitcoin is raising controversy but could be lucrative for the company. Dreamstime.com Fidelity Investments shocked the retirement industry last month with a move to make Bitcoin available in 401(k) plans. Add up the revenue that might bring in, and it starts to be less of a surprise. Fidelity is the …

What Bitcoin Could Be Worth to Fidelity. You’ll Be Surprised. Read More »