SpaceX is on the verge of breaking American launch records. Again

The last is scheduled for Friday evening with the launch of 53 from SpaceX Starlink Internet Satellites from Vandenberg Space Force Base in California. This will be Starlink’s twelfth launch so far this year, and it could be followed over the weekend by another mission slated to lift off from Florida. It’s been a year … Read more

Coinbase loses half its value in a week as crypto slumps

SILVER SPRING, Md. (AP) — Cryptocurrency trading platform Coinbase has lost half its value in the past week, including its biggest one-day drop 5o date on Wednesday as the famously volatile crypto market weathers yet another slump. Coinbase reported a $430 million net loss in the first quarter, or $1.98 per share, on declining sales … Read more

Tether (USDT) stablecoin regains peg after $3 billion in withdrawals

Tether has long faced questions over whether it has enough assets to justify its peg to the dollar. Tiffany Hagler | Bloomberg via Getty Images Tetherthe world’s largest stablecoin, regained its peg to the dollar after more than $3 billion worth of tokens left the system in a single day. The cryptocurrency — which is … Read more

Texas has declared open season on Facebook, Twitter and YouTube with censorship law

The 15-word ruling allowing the law, which had been blocked last year, to take effect has significant potential consequences. Most immediately, it creates new legal risks for the tech giants, and opens them up to a possible wave of litigation that legal experts say would be costly and difficult to defend. The law creates enormous … Read more

International travel ban tightened in China as anger over lockdown grows

Editor’s note: A version of this story appeared in CNN’s news bulletin Meanwhile in China, a tri-weekly update exploring what you need to know about the country’s rise and its impact on the world. Register here. hong kong CNN — Chinese authorities have imposed a de facto ban on international travel, barring citizens from traveling … Read more

HSB and HELIXintel Provide Equipment Maintenance Platform for Insurance Customers | Business and finance

HARTFORD, Conn.–(BUSINESS WIRE)–May 12, 2022– Specialist insurer HSB has partnered with HELIXintel to offer a single online maintenance platform for businesses and other organizations to service critical building equipment, from air conditioning and refrigeration to lighting and heating systems , the company announced today. The HELIXintel digital platform helps customers manage their maintenance records and … Read more

Disney Plus adds 8 million subscribers—but it’s still operating at a loss

Disney+Photo: NICK AGRO/AFP via Getty Images When Disney first launched its streaming service Disney+ back in November of 2019, it did so with a long-term mindset. Streaming was, presumably, the future, and so the company was willing to burn a lot of money to catch up with more established performers in the industry—most notably Netflix, … Read more

Scientists Grow Plants In Lunar Earth, Moon’s Next Stop

CAPE CANAVERAL, Fla. (AP) — For the first time, scientists have grown plants in moon soil collected by NASA’s Apollo astronauts. The researchers had no idea if anything would sprout in the moon’s harsh soil and wanted to see if it could be used to grow food by the next generation of lunar explorers. The … Read more

Octopuses tragically destroy each other after mating. We can finally know why

The octopuses are condemned to be orphans from the youngest age. After a female octopus lays her eggs, she stops eating and begins to self-harm, ripping off her skin and biting off the tips of her tentacles. By the time a young octopus wriggles out of its egg, its mother is already dead. A few … Read more

Stablecoins, explained: Why the crash of Terra and Luna has investors on edge

London CNN Business — Within the often head-scratching world of cryptocurrenciesthere’s a small but growing sub-species known as “algorithmic stablecoins” that have some investors and regulators ringing alarm bells. This week, one popular so-called algo coin cratered, wiping out billions of dollars’ worth of value in just a few days. The coin, called TerraUSD, is … Read more