Three astronauts return from International Space Station

Three members of the International Space Station’s crew returned safely to Earth on Saturday on a Russian Soyuz craft, Russia’s Roscosmos space agency reported. The Soyuz MS-17 spacecraft carrying NASA astronaut Kate Rubins, a microbiologist who in 2016 became the first person to sequence DNA in space, and Russian cosmonauts Sergey Ryzhikov and Sergey Kud-Sverchkov… Read More Three astronauts return from International Space Station

Tesla reaches settlement with former engineer over Autopilot technology source code

Tesla Inc has settled a lawsuit against a former employee who copied the source code of the electric vehicle (EV) maker’s Autopilot technology, according to a U.S. district court filing dated April 15. Tesla filed the lawsuit in 2019, saying its employee Cao Guangzhi, who worked at Tesla for two years, copied the source code… Read More Tesla reaches settlement with former engineer over Autopilot technology source code

Media company ABC names Kimberly Godwin as new president

CBS News executive Kimberly Godwin has been named president of Walt Disney Co’s ABC News, the media company said on Wednesday, becoming the first Black woman to lead the news division of a major broadcast television network. Godwin will join ABC News in early May, replacing James Goldston. In July, ABC News fired senior executive… Read More Media company ABC names Kimberly Godwin as new president

Cryptocurrency exchange Coinbase valued at $86billion in Nasdaq debut

Coinbase Global Inc was valued at $86 billion at the end of its Nasdaq debut on Wednesday, in a choppy day of trading when its valuation went as high as $112 billion. Coinbase’s stock market debut, done through a direct listing where no shares are sold ahead of the opening, marks another milestone in the… Read More Cryptocurrency exchange Coinbase valued at $86billion in Nasdaq debut

Toshiba CEO Nobuaki Kurumatani announces resignation

Toshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate’s shares surged on reports that KKR & Co and Brookfield are also planning offers. Satoshi Tsunakawa, who led the company before Kurumatani and until Wednesday was chairman, will once again assume the… Read More Toshiba CEO Nobuaki Kurumatani announces resignation

Microsoft set to acquire AI firm Nuance for about $16billion

Microsoft Corp said on Monday it would buy artificial intelligence and speech technology firm Nuance Communications Inc for about $16 billion, as it builds out its cloud strategy for healthcare and enterprise customers. The deal comes after the companies partnered in 2019 to automate clinical administrative work such as documentation and as Microsoft tries to… Read More Microsoft set to acquire AI firm Nuance for about $16billion

China fines Alibaba $2.75billion for violation of anti-monopoly rules

Chinese regulators have fined Alibaba Group Holding Ltd 18 billion yuan (an equivalent of $2.75 billion) for violating anti-monopoly rules and abusing its dominant market position, marking the highest ever antitrust fine to be imposed in the country. The penalty, equivalent to around 4% of Alibaba’s 2019 revenues, comes amid an unprecedented regulatory crackdown on… Read More China fines Alibaba $2.75billion for violation of anti-monopoly rules

Tesla says car cameras not activated outside North America

Cameras in Tesla cars are not activated outside of North America, the U.S. automaker said on its Chinese social media page on Wednesday, seeking to assuage security concerns in the world’s biggest car market. Tesla faces scrutiny in China where the military in March banned Tesla cars from entering its complexes, citing security concerns over… Read More Tesla says car cameras not activated outside North America