Lifeboat Foundation

Elon Musk announced he will walk away from his tumultuous $44 billion offer to buy Twitter, leaving the deal on the verge of collapse. The Tesla CEO sent a letter to Twitter’s board Friday saying he is terminating the acquisition.

But Twitter isn’t accepting Musk’s declaration. The chair of Twitter’s board, Bret Taylor, tweeted in response that the board is “committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.”

Twitter could have pushed for a $1 billion breakup fee that Musk agreed to pay under these circumstances. Instead, it looks ready to fight to complete the deal, which the company’s board has approved and CEO Parag Agrawal has insisted he wants to consummate.

Starlink is faster than ever but is it enough for rural internet users?

While Starlink’s download speeds have increased, Ookla’s Speedtest Intelligence shows that upload speeds decreased by almost 33 percent from 16.29 Mbps during the first quarter of last year to 9.33 Mbps in Q1 2022. At the same time, Starlink’s median latency increased from 40 ms to 43 ms in the U.S. and from 51 ms to 55ms in Canada though these changes are likely negligible for most users.

The U.S. and Canada aren’t the only places Starlink adoption has increased while the service’s speeds have improved as Ookla highlights in its report.

Continue reading “How fast is Elon Musk’s Starlink — the results are in” »

The Federal Communications Commission authorized SpaceX to provide Starlink satellite internet to vehicles in motion, a key step for Elon Musk’s company to further expand the service.

“Authorizing a new class of [customer] terminals for SpaceX’s satellite system will expand the range of broadband capabilities to meet the growing user demands that now require connectivity while on the move, whether driving an RV across the country, moving a freighter from Europe to a U.S. port, or while on a domestic or international flight,” FCC international bureau chief Tom Sullivan wrote in the authorization posted Thursday.

SpaceX did not immediately respond to CNBC’s request for comment on the FCC decision.

Global Link Information Network was founded in 1995 by Elon Musk, his brother Kimbal Musk, and Greg Kouri who provided $6,000 in funding. Elon famously dropped out of pursuing a PhD at Stanford in energy physics/material science two days into the program to pursue the opportunity. Global Link Information Network was later renamed as Zip2 and served as a directory for local businesses. In 1996, Zip2 starts pulling data from American Business Information Inc. (ABI) and starts a self-comparison to yellow pages that will continue throughout its lifespan as a brand.

A timeline showing Elon Musk’s first website (Zip2) and its evolutions over the years, starting from 1996 and ending in 2004.

SpaceX won approval from the Federal Communications Commission to let its Starlink satellites send broadband internet to moving vehicles on Thursday.

Hyundai is offering an early look at its upcoming all-electric sedan, the Ioniq 6. It comes as Bloomberg reports that the company’s EV market share is quietly surging in Europe and the US, causing even Tesla’s Elon Musk to take notice.

Hyundai has revealed an early look at its upcoming all-electric sedan, the Ioniq 6. It draws inspiration from the kind of streamlined car designs that were popular in the 20s and 30s with vehicles like the Stout Scarab.

Black carbon in the atmosphere is like dressing Earth in a black shirt on a sunny day.

In new research published earlier this month, the National Oceanic and Atmospheric Agency (NOAA) simulates the effect of greatly increased spaceflight on the stratosphere. The results show that planned spaceflight over the next few decades could raise Earth’s temperature, change global air currents, and dampen the ozone layer. The study appears in the Journal of Geophysical Research: Atmosphere.

These days, it’s hard to pull up any technology-or science-oriented news site without seeing something about Elon Musk’s satellite launches, his plans to send many ships to Mars, NASA’s big slate of upcoming Artemis mission launches, the rise of private spaceflight, and the increase in national spaceflight from previously unrepresented nations. It’s a huge moment for space, so traffic is about to get worse.

Continue reading “Spaceflight Will Warm Earth’s Stratosphere 4 Degrees, Study Finds” »

Elon Musk may be an oddball online, but he helped bring a lot of technology to the world. Happy Birthday Elon Musk! Here’s a Look on the Tech CEO’s Significance in the World.

Elon Musk talked about the advantages of Tesla ads in an interview with Tesla supporters, including the President of Tesla Owners Silicon Valley, the President of My Tesla Adventure, and the Kilowatts founder.

Musk noted that public support for Tesla is appreciated, and the Tesla community’s efforts to shoot down FUD (fear, uncertainty, and doubt) for the company have also been helpful. Musk has opposed the idea of Tesla ads in the past. However, during the interview, he acknowledged that Tesla ads might have some advantages.

Continue reading “Elon Musk acknowledges the advantage of Tesla ads” »