Elon Musk's space gig, Trump's Bitcoin buddies, Boeing's $1 billion order: The week's most popular stories
Elon Musk’s SpaceX will spend $680 million to crash the International Space Station into the sea
Over the past decade and change, SpaceX has become a leader in sending rockets into space. Now, the aerospace giant will spend $680 million to bring down the International Space Station (ISS), according to documents published Tuesday by NASA.
Mark Cuban says Silicon Valley is backing Trump because he would make their Bitcoin worth more
When Donald Trump first ran for president in 2016, Silicon Valley seemed to widely oppose his candidacy. Fast-forward to 2024, and elites in the region are publicly backing him in droves — but why? According to Mark Cuban, it’s all about cryptocurrency.
Boeing just got a $1 billion order from Emirates — but not for passenger planes
Emirates just placed a big order with Boeing — and not for passenger jets. The Dubai-based aviation group’s SkyCargo division announced Tuesday that it had put itself down for five new 777 Freighters. That’s $1 billion worth of planes on top of another five that Emirates is already expecting.
Disney’s new streaming plan sounds a lot like regular TV
Disney is working on updating its streaming platform Disney + with a slate of new features, including live channels and algorithms, that’ll make it look like a mashup of regular TV and Netflix.
Boeing might have just gotten a $2 billion gift from the FAA
A long-in-the-works Boeing aircraft might have just cleared a key regulatory hurdle. After the Air Current reported Friday that the Federal Aviation Administration has begun taking key certification flights on the company’s 777x plane, Deutsche Bank thinks a revenue bump could be coming soon for the embattled planemaker.
A woman made her own black market by renting out Uber and Lyft accounts
We trust gig workers to drive us around, deliver our food and go through the tedium of shopping for our groceries. We trust the profile picture on the app is a safe person and that their employers back that up. One woman made a killing on exploiting that fantasy of safety, and her story is thrilling and terrifying at the same time.
The massive car dealership cyberattack has ended with a $25 million ransom
The cyberattack targeting the company that handles the financial transaction side of car buying for some 15,000 car dealers in the U.S. finally ended thanks, almost certainly to a paid ransom.
The top 10 AI tools people are using at work
Despite fears over artificial intelligence replacing workers, some employees are embracing the technology for work. In May, usage of OpenAI’s ChatGPT grew 74%, from 1.8 billion site visits in April, to 3.1 billion, according to Similarweb website traffic data collected by FlexOS. ChatGPT was the most used generative AI tool for work around the world in May, and was followed by competitors including Google Gemini and Anthropic’s Claude.
People are already turning the Trump assassination attempt into merchandise
The attempted assassination of former president Donald Trump on Saturday stunned and captivated millions across the world. It also ignited a merchandise feeding frenzy.
Gen Z is souring on tech jobs
Tens of thousands of tech workers have lost their jobs this year, and the next generation is taking notice that the days of free meals and hefty stock options may be over.
Amazon wants employees to come to the office — and stay there
Amazon no longer wants its corporate employees to side-step office hours.
Read Jamie Dimon’s memo to JPMorgan employees about the Trump assassination attempt
JPMorgan chief Jamie Dimon joins leaders across industries who have spoken out in condemnation of political violence and disunity in the U.S. after an assassination attempt on former president Donald Trump this past weekend.
The gunman who shot Donald Trump once appeared in a BlackRock ad
BlackRock has removed a years-old advertisement featuring Thomas Matthew Crooks, the 20-year-old gunman who authorities say shot and injured former President Donald Trump during a rally Saturday in Pennsylvania.
GM’s electric vehicle goals are in doubt after CEO Mary Barra’s comments
General Motors’s goal of producing 1 million electric vehicles in North America by the end of next year is mired in doubt after comments from CEO Mary Barra on Monday.
Get ready for Nvidia’s market cap to soar to $50 trillion, top investor says
An early investor in Amazon and Tesla said Nvidia is a different bet, and that the AI chipmaker could reach a $50 trillion valuation in a decade.
Huawei just built a $1.4 billion chip center as it faces U.S. sanctions
One of China’s main competitors in the chip war has built a research and development center for chips in Shanghai as it faces pressure from U.S. sanctions aimed at curbing its advanced technology efforts.
Electric cars just aren’t working for Hertz and other rental companies
There was much fanfare at the turn of the decade when rental giant Hertz announced it was investing big to electrify its fleet. The firm and a whole host of other renters spent millions adding Tesla and Polestar models to their fleets, only to start selling them off cheap when the problems started mounting.
Getting sick on a cruise ship could cost you as much as the vacation
A record 34.7 million people are estimated to go on a cruise trip in 2024, according to the Cruise Lines International Association (CLIA). And if they’re not careful, some of them could wind up with a hefty medical bill.