Flight delays in Sao Paolo, Brazil. Truckers led down unsafe routes in Richmond, Vermont. And power grid disruptions throughout Ukraine. These troubles stem from a global communication system highly reliant on GPS satellites and the signals they transmit for essential functions. To ensure that U.S. infrastructure won’t fall apart — even if the nation’s GPS … Read more
Jaque Silva | SOPA Images | Lightrocket | Getty Images Starlink, the satellite internet service owned and operated by SpaceX, said it will block the social network X in Brazil to continue operations there without the threat of losing its license. Elon Musk owns both businesses. Brazil’s supreme court blocked X in the country after … Read more
Jaap Arriens | Nurphoto | Getty Images A panel of Brazil’s federal supreme court justices voted unanimously to uphold orders suspending the use of Elon Musk’s social network X nationwide. One justice, Luiz Fux, voted to uphold but expressed “reservations” about a measure of the order that allows the court to fine individuals or businesses … Read more
Republican vice presidential nominee, U.S. Sen. J.D. Vance (R-OH) speaks at a rally at trucking company, Team Hardinger on August 28, 2024 in Erie, Pennsylvania. Jeff Swensen | Getty Images Donald Trump’s presidential running mate JD Vance is urging Silicon Valley billionaire Peter Thiel to “get off the sidelines” and financially support the Republican ticket, … Read more
Wayve CEO and co-founder Alex Kendall. Wayve LONDON — Uber and British artificial intelligence startup Wayve announced a partnership Thursday that will see the two firms collaborate on autonomous driving technology. As part of the deal, Uber is also investing an undisclosed amount into Wayve for a minority stake, the companies said in a statement. … Read more
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Elon Musk’s artificial intelligence startup, xAI, is being accused by environmental and health advocates of adding to the pollution problem in Memphis, Tennessee, by using natural gas … Read more
Generative AI models require huge amounts of training data to enable their systems to produce advanced outputs. But the data that goes into them is often from sources where copyright restrictions are in place. Cfoto | Future Publishing | Getty Images San-Francisco-based startup Story said Wednesday that it raised $80 million of funding for a … Read more
A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California. Mario Tama | Getty Images Waymo is now providing more than 100,000 paid robotaxi rides per week in the US, according to a LinkedIn announcement by its co-CEO Tekedra Mawakana. That’s double the 50,000 weekly paid trips … Read more
World’s top luxury group LVMH head Bernard Arnault presents the group’s annual results 2022 in Paris on January 26, 2023. Stefano Rellandini | AFP | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, … Read more
Jaque Silva | SOPA Images | Lightrocket | Getty Images The judge overseeing X’s lawsuit against advertisers has recused himself following a news report that showed he previously owned shares of Tesla. In a recusal notice dated Aug. 13, U.S. District Judge Reed O’Connor in Texas backed out of X’s case against the World Federation … Read more
