Meta approves plan for bigger executives bonuses following 5% layoffs

Posted on February 21, 2025 by Techme101

Meta’s executive officers could earn a bonus of 200% of their base salary under the company’s new executive bonus plan, up from the 75% they earned previously.

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Solar crushed 2024, but emissions were up as industry used more natural gas

Posted on February 20, 2025 by Techme101

Solar and wind together now represent nearly a quarter of electricity demand and nearly 10% of all energy consumption in the U.S.
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6 new tech unicorns were minted in January 2025

Posted on February 20, 2025 by Techme101

Despite a still tight venture capital market, new unicorns are still being created every month. Using data from Crunchbase and PitchBook, TechCrunch tracked down the newly VC-backed startup minted unicorns so far this year (as of the end of January). These include healthcare companies like Hippocratic AI and satellite space companies like Loft Orbital.  This […]
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Block shares fall on profit, revenue miss

Posted on February 20, 2025 by Techme101

Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.

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Rivian inches closer to profitability but warns ‘changes to government policies’ could hurt

Posted on February 20, 2025 by Techme101

Rivian’s cost–cutting measures have gotten it a lot closer to profitability, but the company is warning that 2025 could still be a challenging year – especially because of the whorl of uncertainty caused by the new Trump Administration. The company announced Thursday its fourth quarter and full-year 2024 financial results, and along with it, shared […]
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CEO of Clearview AI, a controversial facial recognition startup, has resigned

Posted on February 20, 2025 by Techme101

The CEO of controversial facial recognition startup Clearview AI has resigned, he confirms to TechCrunch.
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The National Institute of Standards and Technology Braces for Mass Firings

Posted on February 20, 2025 by Techme101

Approximately 500 NIST staffers, including at least three lab directors, are expected to lose their jobs at the standards agency as part of the ongoing DOGE purge, sources tell WIRED.

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Amazon surpasses Walmart in revenue for the first time

Posted on February 20, 2025 by Techme101

Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.

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Meta starts accepting sign-ups for Community Notes on Facebook, Instagram, and Threads

Posted on February 20, 2025 by Techme101

Meta announced on Thursday that it’s now accepting sign-ups for its Community Notes program on Facebook, Instagram, and Threads. The announcement follows Meta news last month that it’s going to end its third-party fact-checking program and is instead moving to a Community Notes model similar to the one at X. In a blog post, Meta […]
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Tesla to test virtual queues at Supercharging locations

Posted on February 20, 2025 by Techme101

Road rage has been around for a while. A newer phenomenon that’s cropping up is EV charging rage — the feeling when a fellow EV owner cuts the line to grab one of the only working charge ports. It’s common enough that people posted altercations between EV drivers on social media and forums. In at […]
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