Category Archives: Tech

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Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut

Shares of two Chinese autonomous driving companies Pony.ai and WeRide both debuted in Hong Kong on Thursday.

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Microsoft letting employees raise concerns about products after Middle East controversy

Microsoft employees can now request Trusted Technology Reviews when they want to report on concerning uses of the company’s products.

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King handed Nvidia boss a letter warning of AI dangers

In the 2023 remarks from the King he said AI was “no less important than the discovery of electricity” but warned the risks must be tackled.

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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.

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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.

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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.

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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.

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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.

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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.

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