SpaceX Doubles Revenue in Q2 2026: The Power of Starlink and AI Compute SpaceX has doubled its revenue compared to last year, thanks to the booming growth of its Starlink satellite internet service and strategic deals to rent out computing power to Anthropic and Google. In its first quarterly earnin...
SpaceX has ramped up purchases of Tesla Megapack battery storage devices, spending $295 million in the second quarter and $329 million so far this year, according to the company's latest earnings report. This massive investment shows how closely Elon Musk's companies are connected and highlights the...
Elon Musk’s SpaceX earnings call took investors on a journey to Mars and back. The company’s first earnings call as a public entity was filled with futuristic visions, while his executives worked to keep the conversation grounded in revenue and growth. It’s a familiar pattern for Musk, but this time...
Lucid Motors has announced a major operational reset to turn its business around. The electric vehicle (EV) maker will focus on cutting $1.4 billion in costs while pursuing four key priorities: robotaxis, its Saudi Arabia factory, launching a mid-sized EV, and improving cash flow. This strategic shi...
Apple has filed a new legal challenge against the UK government's demand for a backdoor into encrypted iCloud backups. The move, reported by the Financial Times, comes after the British government issued a new technical capability notice (TCN) limited to UK users. Apple argues that any such backdoor...
Apple Pay has officially launched in the Philippines, allowing iPhone and Apple Watch users to add their supported debit and credit cards to the Wallet app and make contactless payments. As of today, customers can use Apple Pay at retail stores that support NFC payments, making it easier and faster ...
In a bold move that intensifies the global AI race, China's Alibaba has taken another swipe at America's AI supremacy by unveiling a new AI model that it claims can match Anthropic's Claude Fable 5. This development signals that Chinese tech giants are closing the gap with US leaders in artificial i...
In a bold move that intensifies the global AI race, China's Alibaba has taken another swipe at America's AI supremacy by unveiling a new AI model that it claims can match Anthropic's Claude Fable 5. This development signals that Chinese tech giants are closing the gap with US leaders in artificial i...
Microsoft is bringing Xbox 360 games to PC, and the exciting disc-to-digital program appears to be close to launching. This move will let you play classic Xbox 360 titles on your computer, without needing the original console or physical discs. If you’ve been waiting to relive the golden era of gami...
Microsoft is bringing Xbox 360 games to PC, and the exciting disc-to-digital program appears to be close to launching. This move will let you play classic Xbox 360 titles on your computer, without needing the original console or physical discs. If you’ve been waiting to relive the golden era of gami...
Europe’s AI labeling and transparency rules are now in effect, and they are set to reshape how artificial intelligence products are developed and marketed across the EU. Tech companies that fail to meet these new requirements could face hefty fines, so understanding the regulations is crucial. This ...
Malaysia Orders Shutdown of Network School Malaysia has ordered the shutdown of Balaji Srinivasan’s Network School, a startup-focused community for techno-optimists, according to The Wall Street Journal. The decision has surprised many in the tech world and raised questions about the future of such ...