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SpaceX will add 10 percent of its employees to fund projects

In a statement that SpaceX has given to the media, it announces that it is taking steps to become a slimmer company, since costly measures similar to the two had gone bankrupt with other organizations: "To continue delivering To our customers and To succeed in developing interplanetary spacecraft and a global space-based Internet, SpaceX must become a leaner company, one …

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Disney CEO Bob Iger pays the increase 80% to $ 65.7 million

Walt Disney Co, Chairman and CEO, Bob Iger, increased the wage increase to $ 65.7 million, an increase of 80% over a year ago, according to documents filed today with the SEC. The compensation reflects the generous stock package Iger was awarded as an incentive to remain with the company beyond its scheduled retirement date, and lead Disney through the …

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CES 2019: The biggest 5G news

With 5G, one of the biggest themes in the show, we run the biggest news of CES 2019, from smartphone prototypes to promises of the value of 5G distributions in all industries. Samsung 5G smartphone prototype Corinne Reichert / ZDNet ) Samsung became the first out of the port to produce a 5G smartphone prototype, showing a glass encapsulated unit …

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Vail Resort's stock drops almost 13 percent Friday

EAGLE COUNTY – A Vail Resorts release of "certain ski season metric" on Friday may have accelerated a downward trend for the company's stock. On Friday, Vail Resort's stock fell $ 27.30 per share, to $ 187.33 per share, for a loss of 12.7 percent. The stock hit its all-time peak at $ 301.42 per share on September 4, 2018. …

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Elon Musk's SpaceX to slash 10 percent of staff

In a major shakeup at Elon Musk's Space Company, SpaceX announced on Friday that it will cut 10 percent of its employees. Behind the move is a planned shift of the workforce to meet its long-term business goals. However, it will mean a significant hit for its current work pool, which equates to about 6,000 people. In a statement, a …

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California citrus worker killed by 600 pound propeller

VISALIA, Calif. (AP) – A citrus worker in California's Central Valley has pulled out after a 600-pound blade from a windmill broke loose and hit him. Fresno Bee says 53-year-old Richard Escobedo was fatally injured on January 3 at an orchard near Visalia. Wind machines circulate warmer air to prevent orchards from freezing. Escobedo's brother, George Escobedo, says he was …

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Samsung and Qualcomm speak realistic expectations for 5G in 2019

5G hype at CES has grown every year, becoming inevitable and almost unbearable the last two performances. This year there was nothing else – we saw companies announcing more partnerships and deployment plans, as well as the launch of new 5G mobile hotspots and network chipsets. AT & T even rejected rejecting a so-called 5G Evolution signal logo for some …

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Qualcomm CEO defends chip licensing business in the FTC trial

Qualcomm and the FTC face the US District Court in San Jose, California. Stephen Shankland / CNET The Federal Trade Commission believes that the phone is held back by Qualcomm's business practices. But Qualcomm's CEO Steve Mollenkopf says the way his company sells chips to smartphone manufacturers is best for everyone involved. Qualcomm's "no license, no chips" policy is the …

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Public closure violates problems for American craftsmen

Breaking News Emails Get breaking news alerts and special reports. The news and stories that matter, delivered the weekday morning. SUBSCRIBE Jan. 12, 2019, 4:53 AM GMT By Ethan Sacks There are problems with brewing in the craft beer industry over the government's shutdown. Because the Bureau of Alcohol, Tobacco, Firearms and Explosives has been frozen by the partial government …

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