Some investors question SpaceX's projected $1.77T valuation, citing its $4.3B loss on $4.7B in revenue in Q1, concerns over space data centers, and more
New York Times:
Filing: SpaceX reports 2025 revenue of $18.7B, up 33% YoY, a $4.9B loss, vs. a $791M profit in 2024, and $20.7B in capital expenditures, up from $11.2B
New York Times:
Elon Musk's OpenAI loss is set to speed up the AI juggernaut amid rising opposition; the case offered a rare glimpse into tech's workings, ending with a whimper
New York Times:
Sources: Anthropic officials refused a Chinese think tank's request to change its stance and give Beijing access to Mythos at a meeting in Singapore in April
New York Times:
The jury in Los Angeles' social media trial awards the plaintiff $3M in compensatory damages and $3M in punitive damages; Meta will pay 70% and YouTube 30%
New York Times:NEW
How tech worker activism has grown more cautious as companies crack down and once-privileged workers realize they don't have much leverage
@kickstarterunited.org @opeiulocal153.bsky.social Veena Dubal / @veenadubal : “Still, Ms. Redwine, the Kickstarter employee turned labor organizer, said layoffs and pressure from management had made m...
YouTube dominates daytime TV streaming, with 6.3M viewers at 11am in October on average, above Netflix's 2.8M, per Nielsen; prime-time viewership is more even
John Koblin / New York Times :
A US federal judge grants a temporary injunction blocking a Texas law requiring mobile app stores to verify users' ages from taking effect on January 1
Document #65 Ryan Mac / New York Times : Judge Blocks Texas Age-Verification Law for App Stores Anthony Kimery / Biometric Update : Judge blocks Texas app store age verification law as unconstitutiona...
Chinese automakers delay plans to mass-produce self-driving vehicles as Beijing becomes more cautious, after a fatal Xiaomi crash in March caused public concern
Keith Bradsher / New York Times :
The Delaware Supreme Court rules that Elon Musk's 2018 Tesla CEO pay package, worth around $56B when it vested, must be restored, ending a years-long fight
Will his net worth increase? New York Times : Elon Musk's 2018 Tesla Pay Deal Is Restored by Delaware Supreme Court X: Eric W. / @ewess92 : Tesla wins & @elonmusk gets equity. Big win for rule of law,...