WATCH: SpaceX successfully launches Falcon 9 rocket for resupply mission to ISS
WATCH: SpaceX successfully launches Falcon 9 rocket for resupply mission to ISS
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TechCrunchInternal pre-Starlink SpaceX financials show big spending on moonshot bets
Confidential financial statements from SpaceX for 2018 and 2019 capture an early glimpse at the degree to which the company is likely dependent on its Starlink business unit, and bringing the Starship rocket online, to become cash flow positive. While the comprehensive balance sheets are five years old, they provide an intimate look inside the operations of arguably one of the most important, and secretive, private companies in the U.S. And they help shed light on what the company spent money on, and how much, as SpaceX grew itself from an unprofitable $2 billion in revenue to, reportedly, $9 billion for 2023 with a projected $15 billion in 2024 and $3 billion in earnings, sources familiar told Bloomberg in November. 2018 and 2019 were pivotal years for the company: In February 2018, SpaceX launched its Falcon Heavy rocket for the first time; the following March, the company nailed a pivotal flight test of its crew Dragon capsule, but exploded that same capsule a month later during ground testing.
- Yahoo Sports
2024 NFL Draft grades: Atlanta Falcons' shocking Penix pick overshadows everything else
Yahoo Sports' Charles McDonald breaks down the Falcons' 2024 draft.
- Yahoo Sports
Falcons QB Kirk Cousins 'doesn't have to look over his shoulder' for Michael Penix Jr., says Raheem Morris
Falcons head coach Raheem Morris says Cousins and Penix will not be competing.
- Yahoo Sports
NFL Draft grades: San Francisco 49ers put together a strange class with some upside
Yahoo Sports' Charles McDonald breaks down the 49ers' 2024 draft.
- Yahoo Sports
NBA Playoffs: Celtics flex muscle to take 2-1 lead over Heat
The Celtics led by as much as 29 in Game 3.
- Yahoo Finance
This week in Bidenomics: Inflation staycation
The disappearance of inflation is one break President Biden seems unlikely to get in his reelection bid.
- Yahoo Sports
Michael Penix Jr. said Kirk Cousins called him after Falcons' surprising draft selection
Atlanta Falcons first-round draft pick Michael Penix Jr. said quarterback Kirk Cousins called him after he was picked No. 8 overall in one of the 2024 NFL Draft's more puzzling selections.
- TechCrunch
Global Founders Capital will deploy Rocket Internet’s cash instead of raising a new fund
Global Founders Capital, the Berlin-based early stage VC firm with close ties to the German startup factory Rocket Internet, is going to become the venture arm of Rocket Internet. Now we know why: Going forward, it’ll exclusively invest from Rocket Internet’s balance sheet. Last year the Financial Times reported that Global Founders Capital was in the middle of a big strategic shift.
- Yahoo Sports
NFL Draft Round 1 Recap: 5 biggest fantasy storylines & instant draft grades
Matt Harmon and Charles McDonald breakdown the five biggest fantasy storylines from night one of the draft and provide instant draft grades and dynasty rookie rankings.
- Yahoo Sports
Falcons surprisingly select Michael Penix Jr. and best 2024 NFL Draft picks
Dan Wetzel, Ross Dellenger, and SI's Pat Forde react the best, worst, and most surprising picks in the 2024 NFL Draft.
- TechCrunch
Snap says total watch time on its TikTok competitor increased more than 125%
As part of its Q1 2024 earning release, Snap revealed that total watch time on its TikTok competitor, Spotlight, increased more than 125% year-over-year. The company is touting the success of its short-from video feed a day after President Biden signed a bill that would ban TikTok if its Chinese parent company, ByteDance, fails to sell it within a year. Snap says overall time spent watching content globally grew year-over-year, driven primarily by increases in total time spent watching Spotlight and creator Stories.
- Yahoo Sports
NFL Draft: Packers fan upset with team's 1st pick, and Lions fans hilariously rubbed it in
Not everyone was thrilled with their team's draft on Thursday night.
- Yahoo Sports
NFL Draft: 'All-in' Cowboys trade down with Lions, select Oklahoma OT Tyler Guyton
The Cowboys will now select No. 29 in the first round instead of 24th.
- Engadget
Apple is launching new iPads May 7: Here's what to expect from the 'Let Loose' event
Apple has scheduled an event for May 7 that'll more than likely focus on new iPads. Here's what we expect the company to show off.
- Autoblog
Defender Octa coming in July with twin-turbo V8 and trick suspension
Recently spun off from Land Rover, Defender is preparing a new flagship model called Octa that will get a twin-turbo V8 and an advanced suspension.
- TechCrunch
It's a sunny day for Google Cloud
Google Cloud, Google's cloud computing division, had a blockbuster fiscal quarter, blowing past analysts' expectations and sending Google parent company Alphabet's stock soaring 13%+ in after-hours trading. Google Cloud revenue jumped 28% to $9.57 billion in Q1 2024, bolstered by the demand for generative AI tools that rely on cloud infrastructure, services and apps. Google Cloud's operating income grew nearly 5x to $900 million, up from $191 million.
- TechCrunch
Ex-NSA hacker and ex-Apple researcher launch startup to protect Apple devices
Two veteran security experts are launching a startup that aims to help other makers of cybersecurity products to up their game in protecting Apple devices. Wardle then worked as an offensive security researcher for years before switching to independently researching Apple macOS defensive security. Since 2015, Wardle has developed free and open source macOS security tools under the umbrella of his Objective-See Foundation, which also organizes the Apple-centric Objective by the Sea conference.
- Yahoo Finance
Walgreens launches specialty pharmacy unit to compete in new PBM era
Walgreens is launching new services and consolidating specialty services to compete in the pharmacy benefits management (PBM) space.
- Yahoo Life
More people prefer cow's milk over plant-based milks, new Yahoo/YouGov poll finds. Here's what nutritionists think about that.
Whole milk and 2% cow’s milk emerged as the top choices of milk, beating out plant-based milk.
- Engadget
Manhattan's DA wants to know why YouTube is pushing 'ghost gun' tutorials to kids
Manhattan's District Attorney wants to meet with YouTube's CEO to discuss why the website allows the posting of videos on how to manufacture "ghost guns" and why its algorithm is pushing them to underage viewers who watch video game content.