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Author Archives: Techme101
Blue Origin plans second launch of New Glenn mega-rocket on November 9
Blue Origin’s first New Glenn launch in January mostly went well, and now the long-delayed second mission is finally ready for takeoff.
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Doordash stock tanks 20% as company misses earnings, says it expects further spending
The food delivery platform said it expects to spend “several hundred million dollars” on new initiatives and development in 2026.
Snap shares rocket 25% on strong forecast, $400 million Perplexity deal
Perplexity AI will pay the social media company $400 million over 1 year to integrate the AI startup’s search features into Snapchat in 2026, Snap said.
Robinhood doubles revenue as it beats third-quarter earnings expectations
CFO Jason Warnick said prediction markets and Bitstamp are generating about $100 million or more in annualized revenues.
Figma delivers strong forecast as AI draws in more customers
People are signing up for Figma to use its Make tool for generating app designs with artificial intelligence, CEO Dylan Figma said.
Lucid misses Wall Street expectations, cuts production guidance again
Lucid also said it has agreed to increase a term loan credit facility from $750 million to roughly $2 billion from Saudi Arabia’s Public Investment Fund.
Lucid Motors’ chief engineer leaves after 10 years
Eric Bach, who was once the director of engineering at Tesla, is out amid a larger executive shakeup at the company.
Cluely’s Roy Lee hints that viral hype is not enough
Lee declined to share Cluely’s financial metrics just four months after boasting how quickly the startup is growing.
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The AI Data Center Boom Is Warping the US Economy
Microsoft, Alphabet, Meta, and Amazon are investing tens of billions in data centers. AI infrastructure is now a key driver of US economic growth.
Apple nears deal to pay Google $1B annually to power new Siri, report says
Apple is turning to Google’s technology to help revamp Siri and power a slate of upcoming features for the voice assistant.
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