TECH
WeWork’s former CEO got a massive payout. Now 2,400 employees are losing their jobs
“As part of our renewed focus on the core WeWork business, and as we have previously shared with employees, the company is making necessary layoffs to create a more efficient organization,” a WeWork spokesperson said in a statement provided to CNN Business. “The process began weeks ago in regions around the world and continued this …
SpaceX prototype rocket – CNN
Engineers at a SpaceX facility in south Texas were running a test on Wednesday that was meant to check how well the vehicle, nicknamed Starship Mark-1, withstands high pressure when a metal cap on top of the vehicle burst off. Pieces of aluminum were flying, vapor spewed into the area and local SpaceX fans captured …
Breaking news post: Virginia Tech breaks record in win over Delaware State | Virginia Tech
BLACKSBURG — The Virginia Tech men’s basketball team improved to 5-0 with a win over Mid-Eastern Athletic Conference member Delaware State at Cassell Coliseum on Wednesday night. The Hokies sank 21 3-pointers, breaking the Tech single-game record of 18 set last December in a rout of Central Connecticut State. Tech was 21 of 37 from …
US needs to copy China tech strategy to remain top world economy
China is lapping the US when it comes to tech investment and is quickly positioning itself as the economy of the future. The US needs to seriously reconsider its investment strategy to fend off China. In order to do that, the public needs to know the value of tech investment and politicians must make investment …
Tech start-ups come with prior advantage
The Airbnb website. In 2016 Airbnb was officially sanctioned by the Dubai Tourism authority with Ras Al Khaimah following suit in January and signing an agreement with the US start-up. Image Credit: Ahmed Ramzan/ Gulf News Startups and tech companies such as Uber, Airbnb, Gojek, Bird and Compass operate in many cities and often multiple …
Bill Gates tops Jeff Bezos as richest person in the world
On Friday, Gates surpassed Amazon (AMZN) CEO Jeff Bezos to reclaim the distinction of richest person in the world, with a net worth of $110 billion, according to the Bloomberg Billionaires Index. It’s the first time the co-founder of Microsoft (MSFT) has held the top spot in over two years. He briefly topped Bezos last …
The Technology 202: Washington’s top tech regulators say they don’t have the right weapons
FILE – In this May 10, 2017, file photo, Assistant Attorney General, Antitrust Division nominee Makan Delrahim AP Photo/Cliff Owen, File) Ctrl + N Democrats at a Capitol Hill hearing yesterday pressed officials from the Federal Trade Commission and Justice Department to more forcefully police large technology companies. But the government’s top tech enforcers pointed the …
Japan to boost development of quantum technology
Japanese businesses and research institutes have set up an organization to promote the development of quantum technology. Quantum ICT Forum was founded by 19 businesses and 16 research institutes. They include major electronics companies, universities, and state-owned research organizations. Quanta include photons and other subatomic particles. Researchers hope to create new information and telecommunication technologies …
U.S. Government Is Tripping Over Itself in Race to Dominate 5G Technology
President Trump stood in front of hardhat-wearing cell-tower climbers this spring in the White House and declared deploying a superfast 5G wireless network a national priority. “My administration is focused on freeing up as much wireless spectrum as needed,” Mr. Trump said, referring to the key public resource—airwaves—that makes 5G networks and all the technological …
League of Legends: Chinese team FunPlus Phoenix wins World Championship
FPX beat the favorites G2 Esports in all three of their games to win the championship in one of the world’s biggest online games, watched by a crowd of 15,000 spectators in Paris. Even more tuned in online to see two teams face off to win a largely crowd-funded prize that hasn’t been finalized yet. …
