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July 3, 2020
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CNBC Business

Tech IPOs are being badly mispriced, as Lemonade and Agora double in market debuts

CNBC
CNBC – For more and to sign up click here Technology is moving at warp speed during the coronavirus pandemic, but the IPO process is stuck in place. For a second straight week, a tech company has more than doubled in value upon its stock market debut. Last week, it......
New York Post

Distant star vanishes without a trace — and panicked scientists don’t know where it went

NYPost
A massive star in a distant galaxy has baffled astronomers by disappearing without a trace. Scientists have been observing the star for decades as it was in the late stages of its lifespan meaning a huge supernova explosion could happen. It was observed shining brightly between 2001 and 2011 but......
CNBC Business

The most liberal and conservative tech companies, ranked by employees’ political donations

CNBC
CNBC – For more and to sign up click here Netflix’s Reed Hastings. Ernesto S. Ruscio | Getty Images With four months to go until the 2020 elections, employees at tech companies are ramping up their political donations, and sending the vast majority of that money to Democrats. The tech......
Technology

Four Top Tech C.E.O.s Will Testify on Antitrust, Panel Says

New York Times
WASHINGTON — The chief executives of four of the world’s biggest technology companies will appear before Congress this month as part of its sweeping antitrust investigation into their market power, according to the committee running the inquiry, setting up a high-profile face-off between the companies and skeptical lawmakers. Jeff Bezos......
New York Post

Ocean on Jupiter’s moon ‘could be habitable,’ researchers say

NYPost
With NASA slated to explore Jupiter’s moon Europa sometime in the next decade, researchers are increasingly confident that the ocean on the celestial satellite “could be habitable.” Speaking at the 2020 Goldschmidt Conference earlier this month, NASA researchers said they have developed a model that shows Europa, the sixth largest......
CNBC - Real Estate

San Francisco apartment rent prices are dropping fast as tech companies embrace remote work and unemployment rises

CNBC Real Estate
Focqus, LLC | iStock | Getty Images New monthly data from apartment rental platform Zumper shows San Francisco rents were down nearly 12% year over year in June, making the city’s decline the largest in the nation, and a record slide for San Francisco.  It’s also the second consecutive month......
Technology

Universities and Tech Giants Back National Cloud Computing Project

New York Times
Leading universities and major technology companies agreed on Tuesday to back a new project intended to give academics and other scientists access to the computing resources now available mainly to a few tech giants. The initiative, the National Research Cloud, has received bipartisan support in both the House and the......
New York Post

Teen invents watch that warns you before you touch your face

NYPost
Here’s a “hands-off” approach to coronavirus prevention. As the coronavirus continues to threaten public health, we have been asked to take up new habits, such as wearing face masks in public, frequent hand-washing and avoiding contact with our faces. But if you just can’t seem to resist the urge, the......
CNBC Business

U2 band members invest in Irish tech fund seeking to raise $112 million

CNBC
CNBC – For more and to sign up click here Adam Clayton, Bono, the Edge and Larry Mullen Jr. of Irish rock band U2, arriving at Mumbai international airport for the “Joshua Tree Tour” on December 12, 2019 in Mumbai, India. Prodip Guha/Getty images David Howell Evans, known as the......
CNBC Business

Amazon will have to invest many billions more than it’s spending on Zoox to bring self-driving tech to market

CNBC
CNBC – For more and to sign up click here Blue Origin and Amazon founder Jeff Bezos. Mandel Ngan | AFP | Getty Images Amazon is shelling out more than $1 billion on self-driving car company Zoox, one of its most expensive acquisitions ever. But CEO Jeff Bezos is going......
New York Times - World

In a German Tech Giant’s Fall, Charges of Lies, Spies and Missing Billions

New York Times
New York Times – For more and to sign up click here Markus Braun built Wirecard to “conquer the world,” but those aspirations attracted skeptics. Its accounting scandal has sent shock waves through Germany. Source – Click here for more...
CNBC Business

Healthy.io, Israeli maker of smartphone urinalysis tech, buys its largest U.S. rival

CNBC
CNBC – For more and to sign up click here Healthy.io, an Israel-based company that provides at-home urinalysis, is purchasing Inui Health, its longtime Silicon Valley competitor.  The purchase price was around $9 million, and it’s an all cash deal that is based on Inui Health meeting certain milestones, Healthy.io......
CNBC Business

New Ford F-150 adding tech consumers are ‘more than willing to pay for,’ exec says

CNBC
CNBC – For more and to sign up click here Ford Motor isn’t worried about new features on its new F-150 pricing people out of the increasingly expensive full-size pickup market, according Ford Chief Operating Officer Jim Farley. “This is content people want and are more than willing to pay......
ESPN

ACC Coastal season preview: QBs put North Carolina, Miami and Virginia Tech ahead of pack

ESPN
It’s been a running joke on the college football internet that at some point the ACC Coastal is going to fulfill its perfect mediocrity and give us a seven-way tie at 4-4. That was never going to happen in 2019 with Georgia Tech going into full-on rebuild mode, but we......
ESPN

How did a Texas Tech linebacker become a first-round pick? Inside Jordyn Brooks’ journey

ESPN
While most kids put their head on pillows and dream of NFL stardom, Jordyn Brooks tackled them instead. Each night before bed, Brooks, then a young boy in Dallas, gathered every pillow inside the small apartment he shared with three siblings and a single mother, lining them up as offensive......
CNBC Business

Democratic activists, tech execs plan to launch super PAC that will use Trump’s own tweets against him

CNBC
CNBC – For more and to sign up click here Democratic activists are putting the finishing touches on a super PAC that plans to use President Donald Trump’s prolific tweeting habits against him.  The PAC, known as Defeat by Tweet, is planning to launch a site Friday that will allow......
BBC - Business

Tech giant collapses after German accounts scandal

BBC
https://www.bbc.co.uk/news/business-53176003 Image copyright NurPhoto/Getty Images Scandal-hit payments firm Wirecard has filed for insolvency, causing its shares to dive almost 80%. It comes after the German firm last week disclosed a €1.9bn (£1.7bn) hole in its accounts. Former boss Markus Braun has since been arrested and accused of inflating Wirecard’s finances......

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