On Friday, the EV market received a jolt as Swedish electric performance car maker Polestar began trading on the Nasdaq after going public via a SPAC transaction. Shares, trading under the ticker “PSNY,” opened the trading day valued at $13.30 but sank to less than $11 as of midday.
Many high-profile ransomware attacks, like last year’s assault on Colonial Pipeline by DarkSide, have focused on corporations. But the bad actors behind those digital assaults don’t limit themselves to the business world. They also ap
A new domestic airline took flight in California in April 2021. Avelo Airlines, an ultra low-cost carrier (ULCC) founded by aviation industry veteran Andrew Levy, carried its first passengers on a 75-minute trip from Burbank to Santa Rosa, in California wine country, aboard a 189-seat Boeing 737. For introductory fares that started at $19 one way along the route, fliers were offer
Henrik Stiesdal was technically on holiday when the bright-yellow floating steel platform he designed set off on its maiden voyage across the North Sea in late July 2021 with a single wind turbine mounted on top.
The contraption—a hulking 740 feet tall and weighing several thousand tons—represented the culmination of five years of work for Stiesdal and his small team, who had endlessly tested and tinkered with the design so that the turbine and its platform would withstan
It feels strange to think back to a time when we weren’t so concerned with social media algorithms.
To the layperson, algorithms were just a nebulous mix of code that we knew controlled what we were seeing in our feeds, but most of us weren’t bothered by it. We accepted the idea that they were a good thing serving us more of what we love. That’s true—to a certain point.
AstroAccess, a nonprofit that promotes disability inclusion in space, has partnered with the Aurelia Institute to advance astronaut diversity by doing research on zero-gravity missions.
“In one sense, space is the ultimate equalizer: everyone who leaves Earth is subject to the radical experience of leaving gravity behind,” the Aurelia Institute said in a
The tech layoffs keep coming. On Thursday, Netflix laid off an additional 300 employees, or about 3% of its staff. The company had previously laid off 150 employees in May.
“Today we sadly let go of around 300 employees. While we continue to invest significantly in the business, we made these adjustments so that our costs are growing in line with our slower revenue growth,” a Netflix spokesperson told
Users of Walmart’s app will soon be able to see how prospective furniture purchases would look in their homes and offices, thanks to new augmented reality technology.
The retail giant announced today a new “view in your space” feature, which will be visible on compatible home decor items in th
From Microsoft to Barclays Bank
In early May, MicroStrategy CEO Michael Saylor took to Twitter to, once again, proclaim his trust in Bitcoin. “Bitcoin is the best hedge against inflation,” he tweeted, citing evidence that Bitcoin’s price has