Search results for "tech billionaire"

Chipmaker Broadcom in Talks to Acquire VMware -Sources

Broadcom Inc is in talks to acquire cloud service provider VMware Inc in a deal which could transform the chipmaker into a diversified tech firm, people familiar with the matter said. Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The deal terms being discussed are not known. […]

Tesla VS NIO: The EV Race to Sovereignty

Nowadays, and as the world welcomes the newly risen digital era when we think about the future of transportation, it won’t include gasoline-powered vehicles but electric ones. Furthermore, when we think about electric cars, the first company that crosses our mind is the only company bestowed the title EV giant, Tesla. But the thing being […]

SpaceX Capsule Splashes Down, Bringing 4 Astronauts Home From 6-Month Mission

The third long-duration astronaut team launched by SpaceX to the International Space Station (ISS) safely returned to Earth early on Friday, splashing down in the Gulf of Mexico off Florida to end months of orbital research ranging from space-grown chilies to robots. The SpaceX Crew Dragon capsule dubbed Endurance, carrying three U.S. NASA astronauts and […]

Relation Between SpaceX and the Pentagon

When it comes to finding the appropriate party to serve as its distributor, rocket manufacturer, and technology guru, the Department of Defense (DoD) fixed its sight on SpaceX, multi-billionaire entrepreneur Elon Musk’s aerospace company. In one of the U.S.’s attempts to empower its stance in the fight of the powerhouses with China, the relation between […]

Factbox-From Outer Space to Social Media, Elon Musk's Growing Universe

Twitter Inc is poised to accept billionaire Elon Musk’s “best and final” $43 billion takeover offer, people familiar with the matter told Reuters on Monday. This comes on the heels of Musk announcing that he had secured $46.5 billion in debt and equity financing for the deal. Earlier in April, the social media company had […]

China's Anti-Corruption Watchdog Involved in Probe of Jack Ma's Ant - Bloomberg News

The Chinese Communist Party’s anti-corruption watchdog was among the agencies involved in a recent inquiry into links between billionaire Jack Ma’s Ant Group and state-owned Chinese companies, Bloomberg News reported on Wednesday. The Central Commission for Discipline Inspection (CCDI) was seeking to understand the influence of Ma’s fintech empire and the extent of its transactions […]

Embedded Microchip Brain Computer Interface to Join Modern Healthcare

Creating a technology that demands the comprehensive analysis of brain signals and then mentally interpreting them into actions commanded through a device’s output to action these commands, would give birth to a direct communication link between brain and machines, referred to as Brain-Computer Interface (BCI). What is Brain Computer Interface? While this might seem like […]

Elon Musk Giving 'Serious Thought' to Build a New Social Media Platform

Tesla Inc Chief Executive Officer Elon Musk is giving “serious thought” to building a new social media platform, the billionaire said in a tweet on Saturday. Musk was responding to a Twitter user’s question on whether he would consider building a social media platform consisting of an open source algorithm and one that would prioritize […]

Mining Firm Backed by Bezos and Gates to Begin Greenland Drilling

Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, said on Thursday it would begin drilling in Greenland for critical materials used in electric vehicles. KoBold, which uses artificial intelligence and machine learning to hunt for raw materials, last year secured a 51 percent stake in the Disko-Nuussuaq project on […]

Reliance Buys Assets of Battery Maker Lithium Werks in Clean Energy, Transport Push

Indian refining giant Reliance Industries has acquired the assets of battery maker Lithium Werks for $61 million, its second such deal in less than three months, as it makes a bigger push towards clean energy and transport. Reliance’s investment in Lithium Werks, which manufactures lithium iron phosphate batteries that are mainly used in electric vehicles […]