SpaceX test-fired its Falcon Heavy rocket on Wednesday, bringing it one step closer to becoming one of the most powerful rockets to ever launch. This was the first time SpaceX fired up Falcon Heavy, in a typical test that is critical to preparing a rocket for launch. CEO Elon Musk said in a tweet shortly […]

Ripple, the payments company that’s developing a blockchain-based system for banks, sold $91.6 million worth of digital currency XRP in the fourth quarter, taking advantage of last year’s 29,631 percent price surge. Trading volume in the quarter jumped more than 35,000 percent to an average of over $807 million a day from $2.28 million in […]

No drones or driverless vehicles for delivering packages — that’s one of the major demands from the Teamsters labor union in the big contract negotiation it’s undertaking with UPS this week. The union wants to ban UPS from using such new-fangled technology, which the logistics company has been reportedly testing. That’s just one of the […]

The U.S. House Energy and Commerce Committee on Wednesday said that it has sent letters to the CEOs of several major technology companies about their agreement to delay disclosing information about security flaws currently rocking the industry. The Meltdown and Spectre vulnerabilities, which were publicly revealed earlier this month, affect nearly every modern computer chip […]

Amazon is getting into more brick-and-mortar stores. While the retail giant purchased Whole Foods last year, Amazon had previously opened up a convenience store for employees under its own brand in Seattle in 2016. Amazon Go was supposed to be a cashierless, checkout-line-free store to help get people in and out faster — a convenience […]

Meg Whitman is headed to Hollywood. Whitman, who announced her departure from Hewlett Packard Enterprise in November, will be CEO of a Los Angeles media start-up founded by Jeffrey Katzenberg, according to a press release. The working name of the company is NewTV. “I’m very excited to bring my experience to a company that I […]

A Google engineer who just left the company after nearly 13 years criticized it Wednesday for becoming “100% competitor-focused,” and said the company “can no longer innovate.” Steve Yegge, who joined Google from Amazon in 2005, wrote a blog post about his decision to quit the company, saying it has become too focused on competitors […]

Weiss Ratings, which claims to offer the first “ratings” on cryptocurrencies, has judged ethereum to be better than bitcoin. The securities ratings agency announced Wednesday that it gave ethereum a B rating because it “benefits from more readily upgradable technology and better speed, despite some bottlenecks.” Bitcoin received a “fair” C+ rating because the digital […]

A new report from the financial research firm Leerink, which has been closely covering Amazon’s moves in health care, says Amazon is expanding the team that’s exploring a move into the pharmacy business. Researchers at Leerink interviewed an anonymous former senior Amazon employee, who described an exploratory team at Amazon that was once 7 to […]

J.P. Morgan is seeing more evidence Apple iPhone demand is deteriorating, predicting weaker than expected sales results for the smartphone maker’s suppliers this year. On Tuesday “our research colleagues in Asia reduced their estimates for EMS [electronics manufacturing service] builds for Apple iPhones for the March and June quarters of 2018,” analyst Bill Peterson wrote […]