By Jackie Wattles and Jennifer Korn, CNN The first all-private mission to the International Space Station finally made its way home Monday, making a splash down landing off the coast of Florida and concluding a mission that has lasted a week longer than expected. This mission was brokered by the Houston, Texas-based startup Axiom Space.
Continue ReadingBy Clare Duffy, CNN Business Twitter said Monday it has agreed to sell itself to Elon Musk in a roughly $44 billion deal that has the potential to expand the billionaire’s business empire and put the world’s richest man in charge of one of the world’s most influential social networks. The deal, which will take
Continue ReadingBy Jackie Wattles, CNN Business The first all-private mission to the International Space Station began its return trip Sunday evening after a string of delays dragged the mission out for a week longer than expected because of weather and other inopportune circumstances. The mission, called AX-1, was brokered by the Houston, Texas-based startup Axiom Space,
Continue ReadingBy Sara Ashley O’Brien, CNN Business After a historic union victory at an Amazon warehouse in New York City earlier this month, a grassroots labor organization is hoping it can notch a second win at a facility just across the street. Hundreds of Amazon employees at a Staten Island sorting facility known as LDJ5 began
Continue ReadingBy Ramishah Maruf, CNN Twitter is banning misleading advertisements that go against the scientific consensus of climate change, the company announced on Friday, which was Earth Day. “We believe that climate denialism shouldn’t be monetized on Twitter, and that misrepresentative ads shouldn’t detract from important conversations about the climate crisis,” Twitter said in a blog
Continue ReadingBy Jackie Wattles, CNN Business The first all-private mission to the International Space Station is slated to complete the final leg of its journey in the next few days, capping off what turned into a longer-than-expected journey after bad weather kept the passengers on the space station for several extra days. The mission, called AX-1,
Continue ReadingBy Michelle Toh, Wayne Chang and Lizzy Yee, CNN Business Chinese officials have slammed YouTube for taking down the account of a politician expected to become the next leader of Hong Kong, accusing the video sharing company of interfering in the country’s internal affairs. YouTube said it had suspended the official campaign channel of John
Continue ReadingBy Matt McFarland, CNN Business The Boring Company, Elon Musk’s bid to beat traffic by putting Teslas in tunnels, has raised $675 million, which it plans to use to build more of its Loop projects. The Boring Company’s new funding, announced Wednesday, comes from venture capital firms as well as real estate companies. Sequoia, a
Continue ReadingCNN, CLARE DUFFY, SPECTRUM NEWS NY1, WFTS, WSB, KSTU By Catherine Thorbecke, CNN Business Amazon announced Thursday that it will let third-party merchants offer Prime membership benefits such as free and fast shipping directly to Prime customers through their own online stores rather than solely through the e-commerce giant’s platform. The option, called Buy with
Continue ReadingBy Catherine Thorbecke, CNN Business Amazon announced Thursday that it will let third-party merchants offer Prime membership benefits such as free and fast shipping directly to Prime customers through their own online stores rather than solely through the e-commerce giant’s platform. The option, called Buy with Prime, will initially be available by invitation only for
Continue ReadingBy Clare Duffy, CNN Business Elon Musk on Thursday said he has lined up commitments worth $46.5 billion to finance a Twitter takeover deal, one week after he first made a public offer to buy the social media company. Musk said he has commitment letters to finance the deal, including two debt commitment letters from
Continue ReadingStory by Reuters Scientists in Australia are testing printed solar panels to power a Tesla on a 15,100-km (9,400-mile) journey beginning in September, which they hope will get the public thinking about steps to help avert climate change. The Charge Around Australia project will power a Tesla electric car with 18 of the team’s printed
Continue ReadingCNN, CNN BUSINESS By Brian Fung, CNN Business The European Union is warning Apple about possible antitrust violations after an investigation into the iPhone maker’s dominance in mobile retail payments. The European Commission said Monday that it believes Apple has unfairly blocked competitors from using the wireless communications technology behind Apple Pay’s tap-to-pay capabilities. According
Continue ReadingBy Rishi Iyengar, CNN Business Workers at an Apple Store in Atlanta filed for a union election on Wednesday in a bid to become the first group of retail employees at the tech giant to unionize. The Apple workers filed with the Atlanta office of the National Labor Relations Board, the agency confirmed to CNN
Continue ReadingBy Catherine Thorbecke, CNN Business Amazon said it will conduct an audit, led by former Attorney General Loretta Lynch, to “evaluate any disparate racial impacts” of its policies on its US hourly employees. The move, which Amazon disclosed in a filing late last week, followed shareholder pressure to conduct a racial equity audit to address
Continue ReadingCNN, CNNBUSINESS By Brian Fung, CNN Business Face masks are now optional for Uber and Lyft riders and drivers in the United States, the ride-hailing companies said Tuesday, shortly after several major airlines announced a similar change in policy. “The CDC order requiring masks while using rideshare platforms such as Uber is no longer in
Continue ReadingCNN By Brian Fung, CNN Business Face masks are now optional for Uber and Lyft riders and drivers in the United States, the ride-hailing companies said Tuesday, shortly after several major airlines announced a similar change in policy. “The CDC order requiring masks while using rideshare platforms such as Uber is no longer in effect,
Continue ReadingBy Jackie Wattles, CNN Business The first all-private mission to the International Space Station is slated to complete the final leg of its journey this week, capping off what will be about a 12-day, multimillion-dollar journey. The mission, called AX-1, was brokered by the Houston, Texas-based startup Axiom Space, which books rocket rides, provides all
Continue ReadingCNN, CNN BUSINESS By Rachel Metz, CNN Business On March 24, weeks before he offered to buy Twitter, Elon Musk posted a poll on the social media platform: “Twitter algorithm should be open source,” he wrote, with options for users to vote “yes” or “no.” Some of Twitter’s technology is already open source, which means
Continue ReadingBy Rachel Metz, CNN Business On March 24, weeks before he offered to buy Twitter, Elon Musk posted a poll on the social media platform: “Twitter algorithm should be open source,” he wrote, with options for users to vote “yes” or “no.” Some of Twitter’s technology is already open source, which means it’s publicly available
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