PayPal is a renowned digital payment solution. It operates on a global scale connecting consumers and merchants. PayPal is showing no signs of slowing down. Indeed, as of Q2 2020, its active accounts were up 21% y/y, with more than 26 million active merchant accounts.
Too Rich ? Never
- Elon Musk and Robert Reich, a former US labor secretary, got into it on Twitter.
- Reich accused the billionaire of being a “modern day robber baron” for cutting worker pay during the pandemic while his own wealth surged.
- Musk countered that all Tesla workers had stock too, calling Reich a “modern day moron.”
- It’s not the first time Musk has been sensitive to attacks on his wealth, which sits around $90 billion.
QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG, said on Thursday it plans to go public through a reverse merger with Kensington Capital Acquisition Corp with an enterprise value of $3.3 billion.
San Jose-based QuantumScape, a 2010 spinout from Stanford University, said it will form a joint venture with VW to produce solid-state battery cells, starting in 2024, for VW’s electric vehicles, and eventually for other carmakers.
VW has committed more than $300 million to QuantumScape. Other corporate investors include Shanghai Auto, which is partnered with VW in China, and German auto supplier Continental AG. Venture backers include Bill Gates, Khosla Ventures and Kleiner Perkins. The Qatar Investment Authority also participated in the latest funding round.
To give you a quick overview of the largest companies in the Dow Jones Industrial Average index in 2020, here is a synthesizing image regrouping the information of the top 10
What we do and where you (probably won’t) see us
STMicroelectronics creates the sparks that animate the products we use at any given moment. Our technology is found everywhere microelectronics makes a positive contribution to people’s lives. Chips from ST embedding the most advanced innovations are an essential part of products as diverse as cars and key fobs, giant factory machines and data center power supplies, washing machines and hard disks, and smartphones and toothbrushes. We help our customers make these devices more intelligent, more energy efficient, more connected, safer and more secure.
Legacy Wi-Fi devices have utilized the 2.4-GHz and 5-GHz Wi-Fi bands for decades. Now with the latest addition of Wi-Fi 6, which supports 2.4-GHz, 5-GHz and future 6-GHz bands, there are essentially six generations of Wi-Fi devices sharing the crowded 2.4-GHz and 5-GHz bands in which end-user applications are constantly competing for airtime.
These bands will soon become overloaded due to the growth of wireless connectivity and data. The solution to this challenge comes in the form of spectrum globally available in the 6-GHz band for Wi-Fi.
6-GHz Wi-Fi will allow multiple 160 MHz channels to enable the next wave of multi-gigabit applications at home and office, thereby realizing the full potential of Wi-Fi 6. In addition, the 6-GHz band offers a wide bandwidth with little radio signal interference from other sources, such as microwave ovens, wireless headsets and cordless phones.
Two-minute-long ground test scheduled to take place today at 14:40 EDT at Northrop Grumman in Utah.
- Designed to send the Orion spacecraft, astronauts and cargo to the Moon
- Consists of a core stage with two attached solid rocket boosters
- Four RS-25 engines sit at the base of the core stage; they’re the same engines used on the space shuttle orbiter
- The core stage stands 98m (322ft) tall in its initial, or Block 1, configuration.
- The Block 1 SLS can send more than 27 metric tonnes (59,500 pounds) to orbits beyond the Moon.
- SLS will produce 8.8 million pounds (39.5 Meganewtons) of maximum thrust, 15% more than the Saturn V rocket used for the Apollo missions
It burns around six tonnes of propellant every second, generating more thrust than 14 four-engine jumbo commercial airliners.
The SLS consists of a huge core stage with four engines at its base. Two SRBs are attached on each side of the core and provide 75% of the thrust during the first two minutes of the ascent to space.