Amazon stock increases finally put Bezos in the top spot, breaking Bill Gates’ four-year-plus streak.
Source: CNET
Chinese smartphone maker Xiaomi has secured a $1 billion loan in order to develop its international focus and build out its offline sales presence. The company revealed today that it has secured a three-year syndicated loan agreement from 18 banks across Europe, Middle East, India, China, Hong Kong and Taiwan. Deutsche Bank and Morgan Stanley served as joint global coordinator, with Bank… Read More
Source: TechCrunch
Falcon Heavy, the high-capacity rocket created by SpaceX designed for bringing very large loads to orbit and beyond, will get its first launch this coming November, according to SpaceX founder and CEO Elon Musk. Musk shared the news on Instagram on Thursday, posting an image of a concept depiction of the rocket’s launch alongside the target date. The Falcon Heavy uses the combined power… Read More
Source: TechCrunch
Jeff Bezos becomes the richest man on earth, CEO of Kickstarter is looking to step down this year, Apple is discontinuing the iPod Shuffle and Nano and Cristiano Ronaldo is getting more involved in tech. All this on Crunch Report. Read More
Source: TechCrunch
Hewlett Packard Enterprise CEO Meg Whitman wants everyone to know that’s not going to Uber. Bloomberg and Recode had reported that she was on the short list for the CEO spot, but she took to Twitter to make it clear that it’s not happening. In a three-part tweet, she concluded that the “rumors” have “become a distraction,” so she wants everyone to know… Read More
Source: TechCrunch
Redfin, the real estate site based in Seattle, has finally raised its IPO. Founded in 2004, this was 13 years in the making. Despite an ugly patent lawsuit from a former co-founder over one of Redfin’s pending patent applications — one filed just this Monday — the company priced above the $12 to $14 range, at $15 per share, a number that values the company at $1.2 billion.… Read More
Source: TechCrunch
This is what happens when off-road enthusiasts get their nerd on.
Source: CNET
It’s a guns-blazing alternate universe where Nazis won World War II, but there’s a beating heart at the core of its story.
Source: CNET
Commentary: The Nine Inch Nails frontman and Apple Music heavy weighs in on music stars with vast social media presences.
Source: CNET
The long-awaited affordable electric car is finally here, for a lucky few.
Source: Wired