The CFS and MIT teams working on the magnet. Credit: Gretchen Ertl, CFS/MIT-PSFC, 2021 Fusion took a key step forward in its movement from the lab to commercial viability with the successful test of a key technology — a very powerful magnet that uses very little energy. Commonwealth Fusion Systems (CFS) and Massachusetts Institute of Technology’s
Technology
In this article F AAPL Ford Motor Co. displays a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, September 17, 2020. Rebecca Cook | Reuters DETROIT – Ford Motor has hired former Tesla and Apple executive Doug Field as its chief advanced technology and embedded systems officer, the company announced
In this article DIS Hulu Rafael Henrique | SOPA Images | LightRocket | Getty Images Hulu confirmed Tuesday it’s raising prices for its on-demand plans, following $1 price hikes by its sister services Disney+ and ESPN+. Hulu’s most-popular plan, the ad-supported option, will cost $6.99 per month, up a dollar. Its ad-free version will cost
In this article BTC.CB= A Chivo Bitcoin automated teller machine (ATM) at the Multiplaza Mall in San Salvador, El Salvador, on Saturday, Aug. 28, 2021. El Salvador began installing Bitcoin ATMs, allowing its citizens to convert the cryptocurrency into U.S. dollars and withdraw it in cash, as part of the governments plan to make the
In this article AAPL AMZN BIDU FB Google CEO Sundar Pichai talks about the company’s third-generation artificial intelligence chips. Source: YouTube screenshot Not content with relying on standard chips that are in high demand, some of the world’s biggest tech firms are developing their own semiconductors. Apple, Amazon, Facebook, Tesla and Baidu are all shunning
In this article 9618-HK Richard Liu, founder and chief executive officer of JD.com. Billy H.C. Kwok | Bloomberg | Getty Images GUANGZHOU, China — JD.com’s founder and CEO Richard Liu is stepping back from day-to-day operations while the Chinese e-commerce giant said it has created a new president role. Xu Lei, who was previously CEO
Rep. Scott Fitzgerald, R-Wis., is seen during a group photo with freshmen members of the House Republican Conference on the House steps of the Capitol on Monday, January 4, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images A Republican lawmaker is readying a bill that would require businesses subsidized by foreign governments to
In this article MMIT-GB Seventh grade Alabama teacher Sarah Wildes relies on a tool called Checkology to teach her students how to spot real news and misinformation. Courtesy of Sarah Wildes When Sarah Wildes, a seventh grade teacher in Alabama, was asked by a student about the mass confusion surrounding the results of the 2020
In this article UPS FDX AMZN Amazon is on a spending spree to grow its shipping business and isn’t content with only delivering products purchased on its own site. The company is now moving cargo for outside customers in its latest move to compete directly with FedEx and UPS. “They want to be a new
In this article .SPX MTCH The Match dating application is displayed on an Apple iPhone in an arranged photograph. Andrew Harrer | Bloomberg | Getty Images Shares of Match Group rose more than 8% after hours, following news that the company is joining the S&P 500. As of Sept. 20 the online-dating company will replace
In this article LYFT Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images Lyft said Friday it would cover legal fees for drivers on its platform who are sued under Texas’ restrictive abortion law that went into
In this article BABA The front of Alibaba’s Wangjing office in Beijing on Dec. 24, 2020. Costfoto | Barcroft Media | Getty Images GUANGZHOU, China — Alibaba will invest 100 billion yuan ($15.5 billion) over the next few years into “common prosperity” initiatives, joining a chorus of technology giants pouring money into President Xi Jinping’s
Daniel Ek, chief executive officer and co-founder of Spotify AB, stands for a photograph after a news conference in Tokyo, Japan, on Thursday, Sept. 29, 2016. Akio Kon | Bloomberg | Getty Images Spotify shares were up more than 6% on Thursday after Apple announced that it would relax App Store rules that the streamer
In this article TWTR Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Twitter on Wednesday launched Super Follows, a feature that allows select users to
A man uses his mobile phone as he walks past advertising for iPhones outside an Apple store. Philip Fong | AFP | Getty Images Eight states will roll out a feature allowing users to add driver’s license and state IDs to Apple Wallet for iPhone and Apple Watch to use at security at participating airports,
In this article 1810-HK Xiaomi CEO Lei Jun holds a press conference about Xiaomi’s new logo and Xiaomi’s car building on March 30, 2021 in Beijing, China. VCG | Visual China Group | Getty Images GUANGZHOU, China — Chinese smartphone giant Xiaomi has officially registered its electric vehicle business and said the division has entered
This picture shows the tablets of Ivermectin drugs in Tehatta, West Benga, India on 19 May on 2021. Soumyabrata Roy | NurPhoto | Getty Images Amazon is directing users to an anti-parasitic drug falsely claimed to be a treatment for Covid-19. The drug, called Ivermectin, is typically used to treat or prevent parasites in animals.
Ola cab drivers talk with each other as they wait for passengers by a roadside in Amritsar. NARINDER NANU | AFP | Getty Images Indian ride-sharing firm Ola is planning to raise up to $1 billion through an initial public offering, a source familiar with the situation told CNBC. News of the IPO was earlier
Former Theranos CEO Elizabeth Holmes leaves after a hearing at a federal court in San Jose, California, July 17, 2019. Stephen Lam | Reuters Nearly a decade ago, Elizabeth Holmes was proclaimed the golden girl of Silicon Valley, and briefly crowned America’s youngest female self-made billionaire. This week, she’ll walk into a San Jose federal
A visitor tries out a VR headset at the booth of Pico Technology during the China 5G and Industrial Internet Conference on Nov. 19, 2020 in Wuhan, Hubei Province of China. ByteDance has made its first foray into virtual reality (VR) through the acquisition of start-up Pico. Zhang Canlong | Visual China Group | Getty