Big Tech
@bigtech
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News and economics of the biggest technology companies traded on Nasdaq and NYSE
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Keeping an eye on tech IPOs, M&A, AI, EV/AV, VR/AR, crypto, robots, metaverse and space travel
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Big Tech
66 subscribers
Big Tech
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https://www.bloomberg.com/news/articles/2021-10-06/snapchat-was-the-biggest-winner-the-day-facebook-went-dark
Bloomberg.com
Snapchat Was the Biggest Winner the Day Facebook Went Dark
Snapchat use surged more than 20% after Facebook Inc.’s services went down for six hours Monday, the biggest winner among rival apps during the U.S. social media giant’s worst outage in years.
Big Tech
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https://www.foxbusiness.com/lifestyle/tesla-model-3-model-y-prices-cybertruck
Fox Business
Tesla raises Model 3 and Model Y prices again, making Cybertruck its cheapest vehicle
Tesla has increased the price of several Model 3 and Model Y vehicles by as much as $2,000. The Model 3 is now more expensive than the cheapest Cybertruck.
Big Tech
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https://www.theverge.com/2021/10/7/22714762/tinder-lyft-partner-match-free-ride
The Verge
Tinder and Lyft partner so you can send your match a ride for an IRL date
Tinder teased the feature earlier this year.
Big Tech
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https://www.cnbc.com/2021/10/07/gm-backed-cruise-targets-1-million-self-driving-vehicles-by-2030.html
CNBC
GM-backed Cruise targets 1 million self-driving vehicles by 2030
Cruise, General Motors' majority-owned autonomous vehicle subsidiary, is targeting a fleet of at least 1 million self-driving vehicles by 2030.
Big Tech
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https://www.bloomberg.com/news/articles/2021-10-07/apple-s-plan-for-cars-using-iphone-to-control-a-c-seats-radio
Bloomberg.com
Apple’s Plan for Cars: Using iPhone to Control A/C, Seats, Radio and More
Apple Inc., whose CarPlay interface is used by millions of motorists to control music, get directions and make phone calls, is looking to expand its reach within cars.
Big Tech
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https://www.theverge.com/22715458/tesla-move-headquarters-to-austin-texas
The Verge
Tesla is moving its headquarters to Austin, Texas
Where it’s building the next US Gigafactory
Big Tech
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https://www.cnbc.com/2021/10/08/elon-musks-spacex-valuation-100-billion.html
CNBC
Elon Musk's SpaceX hits $100 billion valuation after secondary share sale
The valuation of Elon Musk's SpaceX crossed $100 billion following the company's latest financing round, CNBC has learned, which was announced this week.
Big Tech
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https://markets.businessinsider.com/news/currencies/bitcoin-price-analysis-3-main-drivers-behind-rally-jpmorgan-btc-2021-10
Markets Insider
These are the 3 main drivers behind bitcoin's 35% rally over the past week, according to JPMorgan
"The re-emergence of inflation concerns among investors has renewed interest in the usage of bitcoin as an inflation hedge," JPMorgan said.
Big Tech
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https://www.cnbc.com/2021/10/08/apple-building-new-regional-headquarters-in-los-angeles.html
CNBC
Apple is building a new regional headquarters in Los Angeles, signaling Hollywood ambition
Apple's new headquarters is a sign that the company will continue to invest in creating content for Apple TV+.
Big Tech
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https://www.theverge.com/2021/10/8/22717032/facebook-marketplace-selling-amazon-land-conservation
The Verge
Facebook is trying to stop the sale of Amazon rainforest land on its Marketplace
Listings will be cross-referenced to look for violations.
Big Tech
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https://www.theverge.com/2021/10/8/22717271/apple-appeals-epic-games-ruling-anti-steering
The Verge
Apple is appealing the Epic Games ruling it originally called a ‘resounding victory’
We don’t yet know if the court will grant it.
Big Tech
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https://www.businessinsider.com/michael-dell-blockchain-is-underrated-but-will-pass-on-bitcoin-2021-10
Business Insider
Michael Dell says blockchain technology is 'underrated'
The founder of Dell Technologies told the New York Times that blockchain technology is "probably underrated."
Big Tech
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https://www.reuters.com/business/autos-transportation/austin-cheers-teslas-headquarters-move-local-home-buyers-left-edge-2021-10-11/
Reuters
Austin cheers Tesla's headquarters move, but local home buyers left on edge
Austin prides itself on "keeping it weird," but the city's success at luring more big companies such as Tesla Inc has some residents wary of getting priced out of their unique culture.
Big Tech
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https://www.cnbc.com/amp/2021/10/12/apple-event-2021-invites-sent-for-new-macbooks.html
CNBC
Apple sends invites for Oct. 18 launch event, where new MacBooks are expected
Apple announced on Tuesday that it plans to hold a launch event on October 18, where the company could announce new MacBook laptops and AirPods headphones.
Big Tech
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https://techcrunch.com/2021/10/12/steve-wozniak-privateer-space-company/
TechCrunch
Steve Wozniak and Alex Fielding’s startup Privateer aims to be the Google Maps of space
A number of startups have emerged aimed at cleaning up low Earth orbit, which is currently crowded with millions of pieces of space junk — including anything from broken satellites, to rocket fragments, to debris from vehicle stages or space missions. While…
Big Tech
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https://www.cnbc.com/2021/10/12/tesla-invites-drivers-to-fsd-beta-10point2-nda-restrictions-not-included-.html
CNBC
Tesla invites more drivers to ‘Full Self-Driving Beta’ program — read the email here
FSD Beta provides early access to new features that Tesla is still working on, such as "autosteer on city streets."
Big Tech
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https://www.businessinsider.com/amazon-driverless-zoox-car-navigates-six-lane-road-video-2021-10
Business Insider
Watch an Amazon-owned self-driving car seamlessly navigate six lanes of traffic in Las Vegas
In the video from Zoox, the self-driving car merges across three lanes, between vehicles and in close proximity to other cars.
Big Tech
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https://finance.yahoo.com/news/bitcoin-accepted-payment-venezuela-main-122317591.html
Yahoo
Bitcoin will be accepted as payment in Venezuela’s main airport
Venezuela’s main airport – Simón Bolívar International – is lining up a cryptocurrency payment service.
Big Tech
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https://www.reuters.com/technology/us-becomes-largest-bitcoin-mining-centre-following-china-ban-2021-10-13/
Reuters
U.S. becomes largest bitcoin mining centre after China crackdown
The United States has overtaken China to account for the largest share of the world's bitcoin mining, data published on Wednesday by Britain's Cambridge Centre for Alternative Finance showed.
Big Tech
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https://interestingengineering.com/star-treks-william-shatner-launched-to-space-aboard-blue-origin-rocket
Interesting Engineering
Star Trek's William Shatner Just Launched to Space Aboard a Blue Origin Rocket
William Shatner just launched to space atop Blue Origin's New Shepard rocket! Making him the oldest human to reach the final frontier, at 90 years old.
Big Tech
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https://www.cnbc.com/2021/10/14/microsoft-to-shut-down-linkedin-in-china.html
CNBC
Microsoft to shut down LinkedIn website in China as internet censorship increases in the country
Microsoft halts LinkedIn China to launch stand-alone job search site.