Category: alphabet
Despite Trump’s claims, Google isn’t building the coronavirus screening site — and it’s not ready
In a press conference at the White House, President Trump today announced that 1,700 Google engineers were working on a Coronavirus screening site. That site was supposedly the first step in a new screening process that would lead people from figuring out if their symptoms warranted more testing to the…
Read More
Stocks spike as President Trump declares national emergency
President Donald Trump’s national emergency declaration, which began just a half hour before the market closed, pushed stocks higher Friday, providing at least temporary relief to shares that have been throttled this week on fears of the COVID-19 pandemic. Trump detailed several measures under the national emergency declaration, including freeing…
Read More
As national COVID-19 cases top 1000, insurers waive treatment fees and U.S. preps stimulus
The number of COVID-19 cases in the U.S. crossed 1,000 on Tuesday as President Donald Trump met with the nation’s largest insurers and members of his cabinet to discuss how to pay for treatment and lessen the financial blow of the disease’s spread. With the nation’s healthcare apparatus beginning to…
Read More
Rigetti Computing took a $71 million down round, because quantum computing is hard
The $71 million in financing that quantum computing technology developer Rigetti Computing recently raised came at a significant cut to the company’s valuation, according to several sources with knowledge of the company. The company declined to comment on its valuation or the recent round of funding it secured. Rigetti is…
Read More
Waymo brings in $2.25 billion from outside investors, Alphabet
Waymo, the former Google self-driving car project that is now a business under Alphabet, said Monday it raised $2.25 billion in a fundraising round led by Silver Lake, Canada Pension Plan Investment Board, and Mubadala Investment Company. This is the company’s first external investment, which also included Magna, Andreessen Horowitz,…
Read More
Loon and SoftBank’s HAPSMobile team with Airbus, China Telecom and more on stratospheric cell networks
A new industry alliance led by Alphabet’s Loon high-altitude balloon technology company and SoftBank’s HAPSMobile stratospheric glider subsidiary aims to work together on standards and tech related to deploying network connectivity using high-altitude delivery mechanisms. This extends the existing partnership between HAPSMobile and Loon, which began with a strategic alliance…
Read More