SpaceX on Saturday launched NASA astronauts Bob Behnken and Doug Hurley into orbit, successfully beginning the company’s first crewed mission.
The launch also represents the first time NASA has launched its own astronauts since the end of the space shuttle program nearly a decade ago.
Facebook CEO Mark Zuckerberg has reshuffled his deck of lieutenants over the past few years as the social network has undergone a metamorphoses.
As executives have come and gone, Zuckerberg has remained one of the few constants at the helm of the company.
The company’s shares reached an all-time high this week as investors cheered its leadership’s reactions to the coronavirus pandemic and recent new products.
Amazon, Microsoft and Google are among a number of American firms that are providing various web services to blacklisted Chinese surveillance firms, a new report claims.
In October, some of China’s most valuable surveillance artificial intelligence firms were put on a U.S. blacklist and were accused of being “implicated” in human rights abuses.
Top10VPN said in a report that these U.S. giants were providing “essential web services that power these companies’ websites.”
Shares of industry stalwarts Stratasys and 3D Systems have fallen around 90% from their 2014 highs, struggling to hang onto gains as the coronavirus pandemic put a strain on consumer demand. In the meantime, competitors Proto Labs and Materialise NV have seen their stocks soar, up almost 75% and over 92% in the same time frame.
Tesla CEO Elon Musk tweeted a week ago that his company’s shares were priced “too high.”
The stock closed 7.78% higher Friday compared to when he tweeted last week.
Shares are up 16.84% from the close of market on the day he tweeted.
Last week, the IRS began issuing stimulus payments to Americans. Individuals are eligible for $1,200, while married joint filers could collect $2,400. Households are entitled to $500 per qualifying child.
Apple lost $100 billion in value on Monday, while Microsoft’s market cap plunged by $83.6 billion
The broader market had its worst day since the 2008 financial crisis, because of concerns about coronavirus and plunging oil prices.
Tesla dropped 14%.
Netflix reported its Q1 2020 earnings after the bell on Tuesday.
The company showed a huge uptick in new subscribers, which it attributed to people staying at home due to the coronavirus pandemic.
CEO Reed Hastings also praised rival Disney’s execution in launching its new streaming service, Disney+, last fall.
Amazon’s stock hit a new all-time high Tuesday as the coronavirus pandemic has catapulted the company into an unprecedented spotlight.
Amazon has said it would hire 175,000 more warehouse and delivery workers to keep up with the growing demand.
Once life returns to some sense of normalcy, Amazon could end up retaining customers whose loyalty it gained during the crisis.
The company said it estimates 39.8 million active accounts as of March 31, 2020, with a net increase of 3 million since December 31. It also expects its first-quarter streaming hours to be 13.2 billion, a 49% increase year-over-year.
