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Secretive big data company Palantir expects $1 billion in revenue this year and to break even for the first time in its 16-year history

Palantir expects to generate $1 billion in revenue this year and to break even for the first time in its history, Bloomberg's Lizette Chapman first reported. Financial documents viewed by Bloomberg suggest that Palantir is preparing to go public. Palantir was previously rumored to go public last year. Visit Business Insider's homepage for more stories. The secretive big data company Palantir expects to generate $1 billion in revenue this year, Bloomberg's Lizette Chapman reported on Thursday....
Tags: Google, Trends, Department Of Defense, Tesla, Bloomberg, Peter Thiel, Palantir, Mastercard, Business Insider, US Centers for Disease Control and Prevention, Lizette Chapman, Shyam Sankar, Khan Tasinga, Bloomberg Palantir, Customs Enforcement Business Insider


Let’s give tech philanthropists the benefit of the doubt on COVID-19

Scott Bade Contributor Share on Twitter Scott Bade is a former speechwriter for Mike Bloomberg and co-author of "More Human: Designing a World Where People Come First." More posts by this contributor How Huawei is dividing Western nations Silicon Valley Community Foundation challenges donors to address local problems Tuesday afternoon saw two big announcements from the tech world in the fight ag...
Tags: Apple, Amazon, Column, Government, America, Linkedin, Tech, Tesla, Policy, Bill Gates, Gm, Square, Jack Dorsey, Huawei, Philanthropy, Instacart


Zoom is making its security features easier to access, as it moves to improve the privacy of its app and stop all the 'Zoombombing' (ZM)

Zoom is making its security features easier to access by consolidating them in a single button that users can access during a video call. This is part of Zoom's plan to address the privacy and security of its app after facing massive criticism, as it saw a huge wave of new users due to the coronavirus pandemic. The new security feature is meant to stop so called "Zoombombing" incidents, where hackers or trolls will enter random Zoom calls to share indecent messages or other spam. Earlier Wedne...
Tags: Google, New York, Taylor Swift, China, Trends, Tesla, Fbi, New York Times, Times, Yuan, Zoom, Alex Stamos Facebook, Eric Yuan, Zoombombing, New York Times Yuan


Stocks rally again as new COVID-19 cases show signs of slowing

All major indices rose Wednesday, led by the Dow Jones Industrial Average, which increased 3.44% to close above 23,000 for the first time since March 13. Investors seemed heartened by comments made by National Institute of Allergy and Infectious Diseases Director Anthony Fauci, who said Wednesday that the U.S. death count from COVID-19 is lower than initially modeled thanks. He warned that the death count will continue to climb even as new cases slow. The action Wednesday followed rallies earlie...
Tags: TC, Tech, Tesla, Automotive, United States, Ford, Delta, Gm, Nasdaq, Anthony Fauci, Director, United, Dow-Jones, Dow, Dow Jones Industrial Average, Bernie Sanders


Google has banned the Zoom app from all employee computers due to 'security vulnerabilities'

Google has banned the use of Zoom on employees' computers, according to a new report. The company alerted employees last week that it would disable the service, citing security vulnerabilities. It's the latest, but not the first, company to ban Zoom across its business. Visit Business Insider's homepage for more stories. Google has banned employees from using Zoom on company computers, according to a new report from Buzzfeed and confirmed by Business Insider. The company reportedly sent an em...
Tags: Google, Taylor Swift, Buzzfeed, Trends, Tesla


Experts Praise Gov. Newsom, California’s Aggressive Response To Coronavirus Outbreak

(CNN) — Within weeks of the Grand Princess cruise ship arriving off the California coast — an early harbinger of the coming coronavirus pandemic — Gov. Gavin Newsom issued the first statewide mandatory restrictions in the United States. He ordered California’s nearly 40 million residents to stay home to help combat the outbreak, but he didn’t stop there. While many states scramble for desperately needed equipment and supplies, Newsom this week announced a deal for millions of masks for health ca...
Tags: Apple, Google, Elon Musk, New York, Rachel Maddow, News, California, Washington, New York City, US, California News, Los Angeles, San Francisco, Tesla, Cnn, United States


Tesla to cut salaries, furlough workers as COVID-19 shutdowns expected to last until May 4

Tesla will suspend production at its U.S. factories until at least May 4 due to the COVID-19 pandemic, prompting the company to cut pay for salaried employees between 10% and 30% and furlough workers, according to an internal email sent Tuesday night and viewed by TechCrunch. Pay cuts for salaried employees — which ranges from 30% for vice presidents, 20% for director-level executives and 10% for the remaining workforce — is expected to be in place until the end of the second quarter, accordi...
Tags: New York, Email, California, Cars, Tech, Tesla, Automotive, United States, Shanghai, Nevada, Buffalo, TechCrunch, Tesla Model S, Gigafactory, Buffalo New York, FREMONT


Tesla to cut salaries, furlough workers as COVID-19 shutdowns extended to May 4

Tesla will suspend production at its U.S. factories until at least May 4 due to the COVID-19 pandemic, prompting the company to cut pay for salaried employees between 10% and 30% and furlough workers, according to an internal email sent Tuesday night and viewed by TechCrunch. Pay cuts for salaried employees — which ranges from 30% for vice presidents, 20% for director-level executives and 10% for the remaining workforce — is expected to be in place until the end of the second quarter, accordi...
Tags: New York, Email, California, Cars, Tech, Tesla, Automotive, United States, Shanghai, Nevada, Buffalo, TechCrunch, Tesla Model S, Gigafactory, Buffalo New York, FREMONT


Daily Crunch: Jack Dorsey announces $1B relief fund

The CEO of Twitter and Square makes a major commitment to COVID-19 relief, Tesla shuts down its U.S. factories until May and PlayStation unveils its latest controller. Here’s your Daily Crunch for April 8, 2020. 1. Jack Dorsey creates $1B COVID-19 relief fund using Square equity Jack Dorsey announced in a series of tweets that he is shifting $1 billion in his Square equity to create a fund dedicated to COVID-19 relief. The Twitter and Square CEO is calling the fund Start Small and posting a t...
Tags: TC, Twitter, America, Tech, Tesla, Netflix, Iowa, Sony, Leonardo Dicaprio, Square, Silicon Valley, Jack Dorsey, Laurene Powell Jobs, Shipt, Gearbox Software, Borderlands


The Global Hack is calling for help to address COVID-19 with innovative ideas

The Global Hack is a 48-hour online brainstorming marathon beginning on Thursday, April 9. The event is open to anyone with a solution to address the COVID-19 pandemic and socioeconomic problems caused by it. The prize pool is estimated at 120,000 euros, or about $130,000 U.S. dollars. A worldwide event to rapidly combat the coronavirus by linking together brilliant ideas from around the globe begins Thursday, April 9.The Global Hack is calling on the global tech community to develop and sha...
Tags: Health, Spacex, Technology, Internet, Government, Future, Economics, Tesla, Web, Computers, Policy, Public Health, Innovation, Estonia, Start-up, UTC


Apple makes face shields and Tesla shows ventilator made from auto parts: Monday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters.   
Tags: Apple, Advertising, Tesla


Tesla Shows How It's Building Ventilators With Car Parts

Tesla has provided a behind-the-scenes look at its ventilator design process, which involves using parts from its vehicles. TechCrunch reports: Like Ford and General Motors, Tesla engineers are building its vent with parts for its vehicles. The reason is simple: car parts are available. Automotive companies obsessively stage parts for final assemble. Without doing so, having a shortage on, say, door handles can shut down a production line. In this thought, Tesla engineers say in this video they ...
Tags: Tech, Tesla, Ford, General Motors Tesla


A team of coding experts built an AI-powered platform during a marathon 60-hour session to help this nonprofit supply medical equipment to fight coronavirus

A software platform with data on the areas hit hardest by the coronavirus pandemic, as well as the medical supplies that they are most in need of, is bolstering nonprofit Helena's efforts to supply hospitals with much-needed equipment.  The platform was the outcome of a 60-hour marathon coding effort by Will Jack, the 23-year-old CEO of the health-tech startup Remedy, ex-Tesla engineer Simon Hewat, and Palantir data scientist Rochelle Shen.  Nonprofits, tech companies and VCs are all jumping i...
Tags: Apple, UK, US, Trends, Tesla, NHS, Beverly Hills, Cia, Jeff Bezos, Jack, Medicaid, Palantir, ROCHELLE, Helena, CMS Medicare, Henry Elkus


Germany, Spain Cases Slow; Japan Calls Emergency: Virus Update

(Bloomberg) -- Germany and Spain reported lower numbers of new cases, a tentative sign that lockdown measures are easing the outbreak. Japanese Prime Minister Shinzo Abe said he will propose a state of emergency in prefectures including Tokyo and Osaka for about a month, after a renewed surge in coronavirus infections.U.K. Prime Minister Boris Johnson was hospitalized as a precaution, after struggling to recover from the infection he contracted.Stock markets rallied after U.S. President Donald T...
Tags: Apple, South Korea, Hong Kong, Europe, Japan, New York, News, Congress, Indonesia, Youtube, France, Scotland, Senate, White House, China, Germany


Elon Musk Shares a Video: Making Ventilators From Tesla Parts

Elon Musk shared a new video today from Tesla Engineering. "We're trying to make some ventilators from some car parts, so we can help the medical industry without taking away from their supply," it begins. (All three people who appear in the video are wearing a face mask.) It ends with a demonstration of a prototype using a touchscreen display from the Model 3 infotainment system. "There's still a lot of work to do," the video concludes, "but we're giving it our best effort to make sure we can...
Tags: New York Post, Spacex, Elon Musk, New York, California, Tech, Tesla, Bronx, Musk, Cuomo, Medtronic, Lincoln Hospital, Bill de Blasio Musk


U.K. Premier Hospitalized; Japan Set for Emergency: Virus Update

(Bloomberg) -- The daily death toll from the novel coronavirus declined in some global hotspots, and President Donald Trump said he sees signs the U.S. outbreak is beginning to level off.Stocks climbed as New York State fatalities fell for the first time and Italy had the fewest deaths in more than two weeks. Germany saw a fourth straight day of declines in new cases, though government officials have warned the worst of the crisis is yet to come.U.K. Prime Minister Boris Johnson was taken to a h...
Tags: Apple, South Korea, Europe, Japan, England, New York, Milan, News, Wales, Congress, Abc, Navy, Youtube, Washington, France, Scotland


Tesla shows how it’s building ventilators with car parts

Tesla is among a group of automakers retooling facilities to build ventilators for the Covid-19 crisis. In the following video, the company provides a behind-the-scene look at its ventilator design process. Like Ford and General Motors, Tesla engineers are building its vent with parts for its vehicles. The reason is simple: car parts are available. Automotive companies obsessively stage parts for final assemble. Without doing so, having a shortage on, say, door handles can shut down a prod...
Tags: TC, Elon Musk, New York, Ge, Tech, Tesla, Indiana, Ford, Gm, General Motors Tesla, Coronavirus, COVID-19


Tesla shows how its building ventilators with car parts

Tesla is among a group of automakers retooling facilities to build ventilators for the Covid-19 crisis. In the following video, the company provides a behind-the-scene look at its ventilator design process. Like Ford and General Motors, Tesla engineers are building its vent with parts for its vehicles. The reason is simple: car parts are available. Automotive companies obsessively stage parts for final assemble. Without doing so, having a shortage on, say, door handles can shut down a prod...
Tags: TC, Elon Musk, New York, Ge, Tech, Tesla, Indiana, Ford, Gm, General Motors Tesla, Coronavirus, COVID-19


Stocks drop as unemployment spikes

Stocks fell in regular trading Friday, as all major American indices fell in the wake of a broadly negative jobs report. With more than 700,000 jobs lost in the March data, unemployment in the United States rose from 3.5% to 4.4%. The markets have been bracing for widespread job losses due to the continued fallout from COVID-19, the disease caused by coronavirus that has prompted local, county and state officials throughout the U.S. and Europe to issue stay-at-home orders. Those directives have ...
Tags: Europe, Vladimir Putin, Tech, Tesla, Delta Airlines, United States, SaaS, Earnings, Stocks, Airlines, Bill, Nasdaq, United Airlines, Bessemer, American Airlines, U S Department of Transportation


Weekend reading: Stuck in the middle with you

What caught my eye this week. T he lockdown continues, with the predictable result that the global economy has fallen off a cliff in barely a fortnight. I’ll repeat again – we cannot take many months of this. I continue to have doubts about how we’re approaching this crisis, whilst conceding most policy makers are striving to do the right thing with incomplete data and faced with horrible choices. It’s easy for pundits with blogs to speculate about alternative approaches. Rather different if y...
Tags: Apple, Google, Spacex, UK, Cook, London, Marketing, US, Tesla, Bloomberg, Earth, Bbc, Atlantic, New York Times, Npr, Somerset


Elon Musk's BiPAP Machines May Be Better Than Nothing, at Least

Tesla and SpaceX CEO Elon Musk said he’d be sending desperately needed “FDA-approved ventilators” to hard-hit hospitals across the nation dealing with the coronavirus crisis—but they haven’t been the high-grade kind needed to keep intensive care patients alive. Instead, those sent off so far appear to be Bilevel…Read more...
Tags: Health, Spacex, Elon Musk, Science, Technology, Tesla, Fda, CPAP, Coronavirus, Covid 19, Sars Cov 2, Ventilators, Bipap


US markets shrug off record unemployment numbers as tech shares rise

Despite reports of historic unemployment, with roughly 6.6 million Americans filing for unemployment, domestic stocks rose during regular trading today. One day after grim estimates on the potential death toll from the COVID-19 epidemic in the U.S. sent stocks tumbling, and amid a continuing economic fallout from the government’s response to slow the spread of the disease, all three major U.S. indices gained. Meanwhile, the federal government in the U.S. continues to work on the specifics of how...
Tags: TC, US, Tech, Tesla, SaaS, Earnings, Bessemer, FactSet, Stonks, Coronavirus, COVID-19


U.S. markets shrug off record unemployment numbers as tech shares rise

Despite reports of historic unemployment with roughly 6.6 million Americans filing for unemployment, domestic stocks rose during regular trading today. One day after grim estimates on the potential death toll from the COVID-19 epidemic in the US sent stocks tumbling and amid a continuing economic fallout from the government’s response to slow the spread of the disease, all three major US indices gained. Meanwhile, the federal government in the US continues to work on the specifics of how to funn...
Tags: TC, US, Tech, Tesla, SaaS, Bessemer, FactSet, Stonks, COVID-19


Tesla delivers 88,400 electric vehicles, beating expectations

Tesla delivered 88,400 vehicles in the first quarter, beating most analysts expectations despite a 21% decrease from the previous quarter as the COVID-19 pandemic put downward pressure on demand and created logistical challenges. Tesla said Thursday it produced 103,000 electric vehicles in the first quarter, about 2% lower than the previous period. The deliveries and production figures beat most analysts expectations, causing Tesla shares to jump more than 10.4% in after hours trading. Analysts,...
Tags: Transportation, Tech, Tesla, Automotive, Shanghai, Reuters, Tesla Tesla, IBES, FactSeat


Forward launches ‘Forward At Home’ primary care service to address COVID-19 healthcare crunch

The global coronavirus pandemic has already caused a tremendous strain on healthcare resources around the world, and it’s leading to a shift in how healthcare is offered. Startup Forward, which debuted in 2016 and has since expanded its tech-focused primary care medical practice to locations in major cities across the U.S., is launching a new initiative called ‘Forward At Home’ that reflects those changes and adapts its care model accordingly. Forward’s primary differentiator is its focus on ...
Tags: Travel, Health, Google, Startups, TC, Cdc, China, Articles, Tesla, Ceo, United States, Healthcare, Biotech, Telemedicine, Aoun, Telehealth


Tesla becomes Iceland’s most popular car brand with its first batch of deliveries

In just one month of official deliveries, Tesla has become not just the best-selling EV, but the best-selling vehicle brand in Iceland this year. Even though Tesla only officially entered Iceland last September, it has proven so popular that it delivered 415 vehicles in the first quarter of the year, Electrek reports. [Read: Want to take your partner on a romantic EV road trip? Head to Norway] More established automakers, Toyota and Volkswagen, were the second and third most popular brands deliv...
Tags: Startups, Cars, Tech, Tesla, World, Toyota, Norway, Volkswagen, Iceland, Shift


Damon Motorcycles makes acquisition, raises $3M and extends pre-orders

EV startup Damon Motorcycles has acquired the IP of Mission Motors, raised $3 million in funding and announced a special production run of its debut model. The Vancouver-based venture unveiled the 200 mph Hypersport in January and began taking pre-orders for the e-moto, with a base price of $24,995. Damon has positioned its EV entry as an ultra-fast, smart and safe motorcycle. In addition to its go-straight-to-jail top-speed, the Hypersport boasts 200 miles of highway range, 147 ft-lbs of torque...
Tags: TC, Asia, Europe, Jay Leno, California, Cdc, San Francisco, Tech, Spokesperson, Tesla, Ceo, IP, Canada, United States, Motorcycles, Italy


Medtronic is sharing its portable ventilator design specifications and code for free to all

Healthcare and biomedical engineering company Medtronic, which was in the news recently because Tesla CEO Elon Musk had discussions with the company about the automaker’s potential plans to build ventilator hardware in order to , but today it’s doing something potentially far more impactful. Medtronic is making the full design specifications, produce manuals, design documents, and in the future, software code for its Puritan Bennett (PB) 560 portable ventilator hardware available to anyone. T...
Tags: Health, TC, Elon Musk, Science, Hardware, Medicine, Tech, Tesla, Ceo, Engineer, Devices, Healthcare, World Health Organization, Biotech, Dyson, Medtronic


A top Wall Street analysis firm says the coronavirus pandemic upended its projections for the next decade in just 3 months. Here are 4 industries that may be forever altered by the outbreak.

Corporate America will likely be reeling from the impact of the coronavirus for years to come.  While some ramifications will be short-term, others will be more profound and could force industries like healthcare and manufacturing to drastically change their operations.  The outbreak is also leading companies to accelerate digital overhauls or pivot more quickly to new technology to meet the new reality of social isolation that could last for months.  UBS analysts wrote to investors that they ...
Tags: Apple, New York, London, China, Disney, US, America, Trends, General Motors, Tesla, Netflix, Ford, Nbcuniversal, Tim Cook, Ubs, James Bond


Chris Lattner Talks Swift, WWDC and More on This Week's ATP Podcast

Chris Lattner, known for his work on Xcode and Swift during his time at Apple, this week joined the Accidental Tech Podcast (ATP) hosted by Marco Arment, Casey Liss, and John Siracusa. In a two hour and thirty minute long conversation, Lattner and the ATP team talked about Swift, the work that went into preparing for WWDC while he was at Apple, Apple's 2020 digital WWDC event, and more. Lattner said that he's very interested to see how Apple handles the online version of WWDC, which is set to ...
Tags: Apple, Google, Tesla, Swift, ATP, SVP, Apple Apple, John Siracusa, Lattner, Chris Lattner, SiFive Lattner, Accidental Tech Podcast ATP, Marco Arment Casey Liss



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