Neuralink competitor and Biotechnology startup Science launched a new platform that aims to make it simpler for other firms to quickly develop and manufacture medical devices. The new platform, Science Foundry, allows firms to use and build upon an internal infrastructure of Science by giving access to over 80 of its tools and services, such…
Tesla cuts prices for the Model S and Model X in the USA in an attempt to boost demand for these expensive cars with aggressive discounts. The Tesla Model S currently starts at $89,990, i.e. down around 5% from the earlier price. The Model X now starts at $99,990, with a 9% price cut. For the…
Cisco reported better-than-anticipated fiscal second-quarter earnings and revenue estimates and also lifted its prediction for the full year. Shares of the Cisco initially jumped in extended trading before paring most of its gains. The total revenue of Cisco grew 7% year over year in the quarter ended on Jan. 28. CEO Chuck Robbins said, “Some components…
Cybersecurity firm Darktrace said it has hired auditing firm EY to review its important financial processes and controls in an attempt to ensure confidence of investors after a short seller QCM accused the Darktrace of manipulation in its accounts. Geoffrey Hurst, chair of the board said, “The Board believes fully in the robustness of Darktrace’s financial processes…
