A German Startup Reaches Orbit From European Soil
The sky above Andøya was still light when the rocket climbed off the pad. Spectrum, built by the German startup Isar Aerospace, lifted off from the Andøya Spaceport in northern…
LG-Backed Robot Maker Bear Robotics Opens a Pre-IPO Funding Round
The bankers and private equity funds were the first to hear the pitch. Bear Robotics, the California robot maker controlled by LG Electronics, has begun a pre-IPO funding round as…
Tesla Shares Fall 6% as Cybercab Update Disappoints
Tesla published an update on its Cybercab program on Friday, and investors answered with a sale. By the close, the company’s shares were down about 6 percent, one of the…
Samsung Electronics Union Plans Protests at Chairman’s Home Over Pay Gap
Samsung Electronics has settled its labor disputes at factory gates and in meeting rooms at its campus south of Seoul. The next fight is scheduled for a different address: the…
Apple Studies New Ways to Raise App Store Revenue
Last week, Apple lost the executive who had defended its App Store rules through the industry’s longest-running fights, and the company let him go with little public explanation. This week,…
ASML Plans to Grow Its Japan Team by 40 Percent as New Fabs Rise Nearby
The most valuable machine in the semiconductor industry is made in the Netherlands, but its next customers are building factories in Japan, and the company that makes the machines is…
Qualcomm Backs Ultrahuman’s Plan to Turn the Smart Ring Into a Computer
The smart ring was born as a health device, a quiet band of sensors that tells its owner how they slept and how hard they trained. Qualcomm is investing in…
Oura Files for an IPO as the Smart-Ring Market Moves From Wrists to Fingers
The next battlefield in wearable technology is not on the wrist. It is on the finger, and the company that made the finger’s most famous device is heading to the…
Volkswagen’s Board Approves 100,000 Job Cuts as Germany’s Auto Industry Shrinks
The meeting lasted a day, and the plan it produced will reshape Volkswagen for a decade. The company’s supervisory board approved a future program on Wednesday that calls for another…
A Day After Tesla’s Cybercab Hits the Streets, a Federal Probe Begins
The timing could not have been tighter if it had been scripted. On Wednesday, Tesla put its first production Cybercabs on the streets of Austin, offering rides to members of…
