A potential strike by 18,000 Teamsters across 56 Costco stores in six states is set to begin early Saturday if an agreement cannot be reached on wages and benefits. The union claims that the company has rejected proposals dealing with seniority pay, paid family leave, bereavement policies, sick time, and safeguards against surveillance. The team … Read more
The European Space Agency (ESA) has signed a contract with Thales Alenia Space in Italy to develop the Argonaut, Europe’s first lunar lander. This spacecraft will serve as the autonomous and versatile access point for lunar exploration, supporting international efforts on the Moon’s surface. Scheduled to launch every decade starting from 2030, Argonaut will deliver … Read more
Norwegian authorities have seized a Russian-crewed ship suspected of damaging an undersea cable in the Baltic Sea. The vessel, Silver Dania, was found to be at fault after officers boarded the ship and searched for evidence. The incident is one of several acts of sabotage targeting undersea infrastructure in the region. NATO has stepped up … Read more
Google’s $20 billion per year search deal with Apple was ruled last summer to violate antitrust law, despite Apple not being a defendant in the case. Now, Apple is seeking a stay on proceedings, claiming it will suffer irreparable harm if it cannot participate as a party in the remedial phase of the case. In … Read more
AST SpaceMobile, a satellite company, saw its shares rally after receiving temporary approval from the Federal Communications Commission (FCC) to test its technology with major carriers AT&T and Verizon. The approval is significant for the company and its investors as it represents a crucial step forward in commercializing its wireless communication platform. With this news, … Read more
A star-studded show took place in Inglewood, California as The Red Hot Chili Peppers, Lady Gaga, Katy Perry, and other performers came together to support Los Angeles’ wildfire relief efforts at FireAid. These two benefit concerts featured a lineup of top artists aimed at raising funds for those affected by the devastating wildfires that have … Read more
Meta, the parent company of Facebook, Instagram and WhatsApp, is exploring changing its incorporation location from Delaware to another state. According to two people familiar with the matter, the company is considering Texas and a few other options. The move comes as Meta undergoes a corporate overhaul under Mark Zuckerberg’s leadership. Mr. Zuckerberg has been … Read more
Palantir Technologies is set to report fourth-quarter results on Monday after market close. Analysts expect revenue growth, but remain skeptical about sustaining recent momentum. Over the past 12 months, shares have nearly quintupled in value. Analysts track by Visible Alpha predict a consensus price target of $50, which is almost 40% below Palantir’s record-high close … Read more
Microsoft has made a significant move in the AI industry by offering unlimited access to OpenAI’s o1 model for free through its Copilot platform. The decision was announced via the “Think Deeper” feature, which provides users with an alternative to Copilot’s standard response functionality. In December, OpenAI released the o1 model, promising it as the … Read more
Meta Platforms is exploring options to move its incorporation from Delaware to other states, including Texas. The Wall Street Journal reported that the social media giant has been in talks with Texas officials about potential changes, which predate President Donald Trump’s administration. A spokesperson for Meta stated that it does not plan on relocating its … Read more