TuSimple says its self-driving trucks shaved 10 hours off a 24-hour run
Autonomous vehicle company TuSimple on Wednesday claimed that its trucks shaved 10 hours off what’s normally a 24-hour job. The company tested…
Category: Technology
Elon Musk tweets ‘diamond hands’ emoji amid bitcoin drop, implying Tesla won’t sell
Tesla CEO Elon Musk doesn’t appear to be shying away from bitcoin, despite the crypto-wide sell-off, which cut the value of bitcoin in half…
Mobile Money Is Helping Airtel Africa And Its Rivals Bounce Back From Covid-19
Mobile money is providing a much-needed revenue buffer against disruptions from the coronavirus pandemic for Africa’s big telecoms companies, such…
Apple’s App Store chief kicks off iPhone maker’s defense at Epic Games trial
Apple Inc (AAPL.O) on Monday began its formal defense in an antitrust trial brought by “Fortnite” online game creator Epic Games, by…
Why Airbnb (ABNB) Looks Set To Bounce Back
It is easy to argue, as so many have over the last few years, that the market’s recent love affair…
Cloud stocks plunge to six-month low as investors hasten rotation out of recent top performers
The rotation out of tech stocks continues to hammer cloud companies the hardest, as investors sell out of last year’s…
Shares of The Trade Desk close down 26% after company reports earnings and upcoming stock split
Shares of ad tech company The Trade Desk closed down nearly 26% on Monday after the company reported first-quarter earnings and a 10-for-1 stock…
NTSB releases preliminary report on fatal Tesla crash in Spring, Texas
The National Transportation Safety Board, a federal agency that investigates accidents, has released records from a preliminary probe of a fatal Tesla…
More than 40 attorneys general ask Facebook to abandon plans to build Instagram for kids
Attorneys general from 44 states and territories urged Facebook to abandon its plans to create an Instagram service for kids under the…
Cloudflare seeing uptick in cyber incidents as hackers try ‘unleashing everything,’ CEO says
Cybersecurity provider Cloudflare has observed a significant rise in threats toward its customers in recent months, CEO Matthew Prince told CNBC on…
Roblox revenue grows 140% in first earnings report since company went public
Roblox shares rose as much as 5% in after-hours trading, following the release of the company’s first earnings report since it went…
Bitcoin’s biggest rival just hit a record high — here’s how to mine for ethereum
Bitcoin’s biggest rival, ether, blew past $4,000 on Monday to hit a new record high. The cryptocurrency is up more than 400%…
Ford names new F-150 electric pickup Lightning with plans to reveal it May 19
Ford Motor’s upcoming all-electric F-150 pickup truck will be called Lightning, a name used by the automaker for street performance trucks…
Uber Raises Fares By 13% In Lagos
The economy option for Uber, popularly referred to as UberX, has been increased by 13 per cent in Lagos State.…
Bitcoin Rises 6.8 % To $56,852.03
Bitcoin rose 6.8% to $56,852.03 by 1000 GMT on Wednesday, adding $3,622.23 to its previous close. However, the world’s biggest…
Exclusive China’s Tencent In Talks With U.S. To Keep Gaming Investments -Sources
Tencent Holdings Ltd (0700.HK) is negotiating agreements with a U.S. national security panel that would allow it to keep its ownership stakes…
Cramer Says He Sold Some Ether After Record Highs To Put Toward An All-Electric Hummer
CNBC’s Jim Cramer said Wednesday he trimmed some of his ether holdings after the world’s second-largest cryptocurrency by market value notched a series of record…
Mark Zuckerberg Can No Longer Deflect Blame For Trump’s Facebook Suspension
Facebook’s self-created “supreme court” refused to do the company’s dirty work when it handed down a decision on the platform’s indefinite ban…
Uber Partners With Softbank-Backed Gopuff To Deliver Everyday Essentials, From Snacks To Toothpaste
If you order potato chips, toothpaste or over-the-counter medication through the Uber Eats app, it will soon be fulfilled and delivered by…
Uber Losses Dramatically Improve Thanks To Sale Of Self-driving Unit
Uber beat estimates on the top line and dramatically improved its net losses in its first quarter, but missed on revenue. Shares…
Google Relaxes Remote Work Plan, Will Let 20% Of Employees Telecommute
Google on Wednesday said it now expects 20% of its employees to work from home after its offices reopen later this…
PayPal beats as revenue grows 31% from last year
PayPal shares rose as much as 4% in extended trading on Wednesday after reporting first-quarter earnings that were stronger than…
Facebook Relaunches WhatsApp Money Transfers In Brazil
Facebook’s (FB.O) WhatsApp messaging service relaunched on Tuesday its transfer money services between individuals in Brazil, after it was blocked by the…
Autoshow Chip Shortage Casts Shadow On China’s Auto Industry Recovery
Auto industry executives are rattled by a global shortage of semiconductors which is hitting production in China, after hoping the…
Microsoft To Invest $1 bln In Malaysia To Set Up Data Centres – Malaysian PM
Microsoft Corporation will invest $1 billion over the next five years in Malaysia as part of a new partnership programme with…
ESR, GIC To Buy Australian Logistics Property Portfolio From Blackstone For $2.9 bln
Logistics real estate manager ESR Cayman Limited (1821.HK) said it will join with Singaporean sovereign wealth fund GIC to buy an Australian…
Minister To Inspect Jabi Mall Solar Project
The Minister of State for Power, Goddy Jedy-Agba, is scheduled to visit the Jabi Lake Mall Solar Hybrid project in…
Federal Government Recorded N485.51bn Fiscal Deficit In January – Central Bank Of Nigeria
The Federal Government recorded N485.51bn fiscal deficit in January, statistics obtained from the Central Bank of Nigeria have shown. According…
Coinbase Chief Executive Armstrong Sold $291.8 Million In Shares On Opening Day
Coinbase Chief Executive Brian Armstrong sold about $292 million in shares in total during the cryptocurrency exchange’s first day of trading…
The ‘Metaverse’ Bet: Crypto-Rich Investors Snap Up Virtual Real Estate
What do you do with a $69 million artwork that doesn’t physically exist? That’s the question faced by the Singapore-based…