TECH

Binance’s $6.3 Billion Hack Exposes Costly Cybersecurity Gaps

The cost of a security gap can reach billions Binance’s reported $6.3 billion hack makes a forceful case for cybersecurity spending. A breach at the world’s largest cryptocurrency exchange has interrupted customer access, triggered an international recovery effort and left

SpaceX’s $400 Billion Slide Outruns Its Earnings Beat

Better earnings have failed to support the premium Analysts raised their SpaceX price targets last week while investors marked down the shares. A company can beat quarterly expectations and still struggle to justify the price investors previously paid for its

SpaceX Starlink Restrictions Disrupt Ukraine’s Military Drones

SpaceX just reminded Ukraine who controls its communications Ukraine’s military has spent years building its battlefield communications around SpaceX’s Starlink network. Overnight, a technical restriction reportedly disrupted several of its operations. Ukrainian presidential adviser Serhii Beskrestnov confirmed Wednesday that SpaceX

Anduril Lands $2.9B Navy Deal for Submarine Manufacturing

Anduril is taking on a very different kind of defense problem Anduril built its reputation on autonomous drones, sensors and software. Its newest target weighs nearly 8,000 tons and takes years to build. The company has landed an up to

SpaceX Stock Gains as Morgan Stanley Gives $300 Price Target

Wall Street may be using the wrong yardstick SpaceX (NASDAQ: SPCX) gained about 4% Monday after Morgan Stanley renewed one of the most bullish calls on the stock, arguing that the current valuation fails to capture how several very different

Boeing Lands $20 Billion Deal for the Navy’s Next Fighter Jet

This is much bigger than a 2% move Boeing (NYSE: BA) shares climbed after the U.S. Navy selected the company over Northrop Grumman (NYSE: NOC) to develop its next-generation F/A-XX fighter. The headline number is enormous. The full-scale development contract

Starship Reaches Orbit and Deploys 26 Starlink Satellites

Starship finally carried a real payload to orbit SpaceX (SPCX) just crossed a line that matters far more than another successful test flight. Starship reached Earth orbit for the first time Monday and successfully deployed 26 operational Starlink V3 satellites,

IonQ Breakthrough Puts Quantum Computing Back in Focus

IonQ just moved one of quantum computing’s biggest bottlenecks Quantum computers have always had an enormous theoretical advantage. The problem is getting them to work reliably enough to matter outside a laboratory. IonQ (NYSE: IONQ) says it has made progress