Losing GPS could cost billions, so the Space Force is having companies like Astranis build a backup network
The U.S. Air Force began deploying the Global Positioning System (GPS) nearly 50 years ago, critical infrastructure to both the military and economy.
Marc Benioff is in talks to sell media company Time to Antenna Group
Benioff acquired Time in 2018 for $190 million. Early talks to sell to Antenna have centered around a price of $150 million, according to a person familiar.
Apple to buy Pixelmator, the iPhone image editing app with AI features
Pixelmator said there “will be no material changes to the Pixelmator Pro, Pixelmator for iOS, and Photomator apps at this time.”
IRS unveils IRA contribution limits for 2025
The IRS has announced IRA contribution limits for 2025. Here’s what investors need to know.
Here’s where the jobs are for October 2024 – in one chart
The jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed picture for the U.S. economy.
Amazon shares pop on earnings beat, cloud growth
The company’s cloud and advertising units showed strong growth.
Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services
Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services.
Super Micro’s 45% plunge this week wipes out stock’s gains for the year
Super Micro investors have been fleeing for the exits this week after the company lost its second auditor in less than two years.
Elon Musk $1 million voter lottery suit sent back to state court
Tesla CEO Elon Musk and his America PAC have backed Donald Trump in the presidential election against Kamala Harris.
Election next week holds big implications for stock market, especially the control of Congress
The Nov. 5th election is set to remove a critical overhang from markets.