Month: August 2021

Ex-SpaceX engineers in race to build first commercial electric speedboat

LA-based Arc Boat company announces $4.25m seed fund to start work on 475-horsepower craft A team of former SpaceX rocket engineers have joined the race to build the first commercial electric speedboat. The Arc Boat company announced it had raised $4.25m (£3m) in seed funding to start work on a 24ft 475-horsepower craft that will …

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Big tech’s big week raises fears of ‘Blade Runner future’ of mega-company rule

Amazon, Google, Apple and Microsoft all reported record-breaking profits amid a pandemic bonanza but recent Biden administration moves suggest US tech’s easy ride is over Big tech provided the world with some startling numbers this week. In the last three months Amazon’s sales have averaged over $1.2bn a day. It took the company less than …

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