Financial Times: Analysis shows food delivery apps have accumulated $20.3B in operating losses since going public — DoorDash, Deliveroo, Delivery Hero, and Just Eat Takeaway shift focus to profits after pandemic slowdown.
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Financial Times: Analysis shows food delivery apps have accumulated $20.3B in operating losses since going public — DoorDash, Deliveroo, Delivery Hero, and Just Eat Takeaway shift focus to profits after pandemic slowdown.
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Google has laid off over 100 employees in design-related roles within its cloud unit, including those in user experience research and design teams, as part of a cost-cutting strategy to focus on AI infrastructure. The layoffs, which have halved some design teams, primarily affect U.S.-based roles, with some employees given until early December to find new positions within the company. Want More Context? 🔎
Read moreScientists have found complex organic molecules in the icy plume of Saturn's moon Enceladus, suggesting its subsurface saltwater ocean may have conditions suitable for life. The discovery, reported by Dr. Nozair Khawaja and his team, highlights intricate chemical processes and bolsters plans by the European Space Agency to explore Enceladus for biological signs in a future mission around 2042. Want More Context? 🔎
Read moreInversion, a new spacecraft company, unveiled its Arc spacecraft designed for "on demand" delivery to the US military, capable of transporting up to 500 pounds of supplies globally within an hour. Co-founder Justin Fiaschetti stated that the Arcs will be pre-positioned in orbit for up to five years, ready for autonomous landings wherever needed. Want More Context? 🔎
Read moreAmazon is advancing its Project Kuiper initiative with five successful large-batch satellite launches since April 2025, aiming to establish a constellation of internet satellites to compete with SpaceX's Starlink. This effort marks a significant step in expanding its satellite internet capabilities and enhancing global connectivity. Want More Context? 🔎
Read moreLast week, a stray bullet damaged a fiber optic cable, causing widespread internet and phone service outages for Spectrum customers across North and Central Texas, impacting cities like Dallas, Austin, and San Antonio. Spectrum confirmed the incident and worked swiftly to restore services, but did not provide details on how they determined the cause or if law enforcement was involved. Want More Context? 🔎
Read morePresident Donald Trump announced the upcoming launch of a government-run website, TrumpRx, set for 2026, aimed at helping Americans purchase medications at lower prices by directing them to discounts on drugmakers' online stores, including Pfizer's. This initiative is part of a deal allowing Pfizer a three-year tariff reprieve in exchange for commitments to US manufacturing and price reductions on primary care drugs sold through Medicaid, potentially saving consumers an average of 50%. Want More Context?...
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News Wave is not responsible for the content of external sites.