Mike Wheatley
Latest from Mike Wheatley
The Federal Communications Commission won a key legal victory today as the U.S. Court of Appeals for the District of Columbia Circuit ruled in favor of its decision to designate a large portion of the 6-gigahertz spectrum to unlicensed users. In early …
Waymo to add Geely’s electric Zeekr vans to its U.S. ride-hailing fleet
Alphabet Inc.’s autonomous driving unit Waymo revealed today it’s working with the Chinese automaker Geely Holding Group to integrate that company’s purpose-built electric robotaxi minivans into its U.S. fleet. Waymo plans to install its autonomous driving systems, known as Waymo Driver, into …
Report: Apple paid some of its top engineers $180K bonuses not to defect
Faced with a growing number of its software engineers defecting to its Silicon Valley rivals, Apple Inc. is said to be offering big bonuses of up to $180,000 in stock to ensure key workers will remain at the company. Bloomberg reported today …
OneWeb launches 36 satellites into space as it aims to take on Elon Musk’s Starlink
British satellite constellation firm OneWeb Ltd. successfully blasted 36 more communications satellites into orbit from the Baikonur cosmodrome in Kazakhstan today. The company has been launching satellites into space on a regular basis this year in order to create a high-speed internet …
Activist investor Starboard Value targets GoDaddy after buying 6.5% stake
The well-known activist investor firm Starboard Value LP is targeting the web services provider GoDaddy Inc. for a shakeup after acquiring a 6.5% stake in the company. That’s according to a regulatory filing with the U.S. Securities and Exchange Commission that was …
Didi’s share price drops as it indefinitely bans employees from offloading its stock
Shares in the Chinese ride-hailing app Didi Global Inc. took another beating today following a report by the Financial Times that claims current and former employees at the firm have been banned from selling company stock indefinitely. Didi’s stock lost 5.4% of …
Zoom buys Liminal assets to boost its virtual event capabilities
Looking to become the hub for online events, Zoom Video Communications Inc. said today it has acquired key assets from a startup called Liminal that builds add-ons for the Zoom platform. Liminal’s add-ons, known as ZoomOSC and ZoomISO, are used to create …
Russia slaps Google and Meta with multimillion-dollar fines for not deleting banned content
Google LLC on Friday was slapped with an unprecedented fine of almost $100 million by a Russian court for its “systemic failure to remove banned content” – the largest penalty ever imposed on a Western tech firm. The Moscow court calculated the …
DOJ delays decision on Apple and Google antitrust charges amid budget crunch
The U.S. Justice Department reportedly has put off a decision on whether to charge Apple Inc. and Google LLC with antitrust violations, despite originally aiming to wrap up its long-running probes of the two tech giants by Dec. 31. A report by …
Tencent distributes $16.4B worth of JD.com stock to its shareholders
Chinese technology giant Tencent Holdings Ltd. is offloading its stake in JD.com Inc., the country’s second-largest e-commerce company. Shenzhen-based Tencent will reportedly hand out the 460 million ordinary shares of JD.com worth a reported $16.4 billion to its own shareholders in March, …