Chris Ciaccia
Chris Ciaccia
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Rocket launch startup Astra is the latest space company to go public

Rocket launch startup Astra is the latest space company to go public

Space is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. .A California startup with dreams of just got one step closer to solidifying its future in the space transportation industry. Rocket maker Astra (Feb. 2) that, in the second-quarter, it will go public by merging with publicly traded Holicity. Formed in 2016, is working on sending its 40-foot-tall (12 meters) rocket into space, allowing its commercial customers to send their satellites into orbit. Upon completion, the deal between Astra and Holicity, a so-called...

February 11, 2021
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Staples moves to acquire Office Depot for $2.1B

Staples moves to acquire Office Depot for $2.1B

Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com.Staples is at it again.Continue Reading BelowOn Monday, the Framingham, Mass.-based office-supply chain company said it intended to its competitor, Office Depot, for $40 per share in cash, an 11% premium to Friday's closing price."Staples believes that its all-cash transaction is a compelling value proposition for ODP's stockholders that offers a high degree of certainty and is superior to the intrinsic, standalone value of ODP," USR Parent, the corporate name of Staples, wrote in a...

January 11, 2021
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Elon Musk is bringing SpaceX's Internet to the UK

Elon Musk is bringing SpaceX's Internet to the UK

rapidly growing satellite Internet business, Starlink, is coming to the U.K. after it received approval from regulators, according to media reports. The reported that the U.K.'s communications regulator, Ofcom, approved the system for rural Britain in November. The -led company also has received approval from regulators in Greece, Germany, and Australia, according to local news outlets, including .Germany's federal telecommunications agency, Bundesnetzagentur, gave Starlink approval in late December, according to the agency's website. Musk, who recently became the in the world with a...

January 11, 2021
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Amazon's Jeff Bezos donated richest gift of 2020

Amazon's Jeff Bezos donated richest gift of 2020

Chalk up another win for the world's richest man — CEO has topped the list for the largest charitable donation of 2020. According to , Bezos' $10 billion gift — known as the Bezos Earth Fund designed to fight climate change — topped the list. In November, Bezos the first 16 grants from the Bezos Earth Fund, totaling $791 million to 16 different organizations.The donation, first in February, is one of the largest individual donations made so far to fight the effects of climate change. Ticker Security Last Change Change % AMAZON.COM INC. 136.45 +3.18 +2.39%...

January 5, 2021
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Apple Chinese App Store removes thousands of games after pressure from Beijing, report says

Apple Chinese App Store removes thousands of games after pressure from Beijing, report says

has removed thousands of games from its Chinese App Store because of pressure from the government, according to a report. Citing a memo to Chinese app developers,  reported that Apple told developers their video games must be licensed prior to being released. Several developers had bypassed this requirement for a period of time. In 2016, the Chinese government required videogame makers to get licenses prior to release.It is unclear why the developers were allowed to skirt the requirement or why the loophole existed, The Journal added. Ticker Security Last...

December 23, 2020
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IBM discovers COVID-19 global espionage campaign

IBM discovers COVID-19 global espionage campaign

As the world awaits approval of one, or perhaps multiple vaccines for , cybersecurity researchers at IBM say they have uncovered a global campaign to collect information on distributing the vaccine to developing countries. Ticker Security Last Change Change % INTERNATIONAL BUSINESS MACHINES CORP. 130.66 +1.47 +1.14% PFIZER INC. 47.76 -0.08 -0.17% BIONTECH SE 148.27 -2.64 -1.75% MODERNA INC. 140.32 -1.96 -1.38% In  on Thursday, the researchers at the tech company said the global phishing campaign was aimed at organizations associated with the COVID-19 cold chain,...

December 3, 2020
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Microsoft's work-from-home policy to become permanent

Microsoft's work-from-home policy to become permanent

In the wake of the coronavirus pandemic, will let its employees work from home permanently, according to media reports. Citing internal documents,  on Friday the tech giant would let its employees work from home permanently. Like other companies, Microsoft will move to a "hybrid workplace" to allow for flexibility once its offices reopen.“The COVID-19 pandemic has challenged all of us to think, live, and work in new ways,” Kathleen Hogan, Microsoft’s chief people officer, told employees via a note. “We will offer as much flexibility as possible to support individual workstyles,...

October 9, 2020
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Dow falls 375 points as Trump cans stimulus talks in Pelosi showdown

Dow falls 375 points as Trump cans stimulus talks in Pelosi showdown

Clearstead Advisers senior managing director Jim Awad, San Blas Securities President Dani Hughes, and BNY Mellon Investments chief strategist Alicia Levine discuss their outlooks for the markets. sank after President Trump scrapped stimulus talks while blasting House Speaker Nancy Pelosi's $2.4 trillion ask which is well above the $1.6 trillion Mnuchin was pushing for.Continue Reading BelowThe Dow Jones Industrial Average fell nearly 400 points or 1.3%, while the S&P 500 and Nasdaq Composite dropped 1.4% and 1.5%, respectively.  TickerSecurityLastChangeChange %DOW JONES...

October 6, 2020
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Amazon introduces ability to pay with your hands

Amazon introduces ability to pay with your hands

Instead of using a or to pay for your goods, wants you to use your hands. In a blog post, the company unveiled its own palm recognition technology, known as Amazon One. The , first rolling out in Amazon's home market of Seattle, will use people's palms to identify them and combine that with details of the palm, such as lines and ridges, to build a “palm signature.”"In most environments, Amazon One could become an alternate payment or loyalty card option with a device at the checkout counter next to a traditional point of sale system," Dilip Kumar, vice president, Amazon Physical Retail,...

September 29, 2020
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Energy, financials pull stocks down ahead of Biden-Trump debate

Energy, financials pull stocks down ahead of Biden-Trump debate

Stocks fell Tuesday in a choppy session ahead of the between President Donald Trump and Democratic candidate Joe Biden. Financials and energy paced the overall drop as the S&P 500 slipped 0.48%, as did the Dow Jones Industrials.Ticker Security Last Change Change % DOW JONES AVERAGES 31072.98 -1,308.36 -4.04% S&P 500 3929.01 -181.40 -4.41% ENERGY SELECT SECTOR SPDR ETF 82.08 +1.48 +1.84% FINANCIAL SELECT SECTOR SPDR ETF 34.64 +0.28 +0.81% While the Nasdaq Composite slipped 0.28% with Micron and Dell limiting the losses driven by big tech such as Apple and Amazon.Ticker Security...

September 29, 2020
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