Tag: trump administration
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…
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US is preparing to ban foreign-made drones from government use
The Trump administration is preparing an executive order to ban federal departments and agencies from buying or using foreign-made drones, citing a risk to national security, TechCrunch has learned. The draft order, which was drafted in the past few weeks and seen by TechCrunch, would effectively ban both foreign-made drones…
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Facebook flags Biden video from Trump’s social media director as ‘partly false’
The disinformation wars are heating up as the U.S. barrels toward the 2020 presidential election, leaving tech companies again uncomfortable in the role of referee. On Monday, Facebook href=”https://techcrunch.com/2020/03/08/twitter-applies-its-new-manipulated-media-label-to-video-retweeted-by-trump/”> joined Twitter in flagging a video shared by White House Direction of Social Media Dan Scavino, marking it as “partly false”…
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Stocks fall again on continued coronavirus worries
Is it good news to say that stocks fell less sharply than they had on previous days? That’s the bright side of another turbulent trading day across the Nasdaq and New York Stock Exchange. The major indices were down again — although their declines were less severe than they had…
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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…
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Max Q: Spacex gets ready for first human flight
Max Q is a new weekly newsletter all about space. Sign up here to receive it weekly on Sundays in your inbox. This week turned out to be a surprisingly busy one in space news – kicked off by the Trump administration’s FY 2021 budget proposal, which was generous to…
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