Business

US Army taps Lockheed Martin for anti-drone microwave weapons

US Army taps Lockheed Martin for anti-drone microwave weapons

Forget nets and drone-catching eagles -- the US Army plans to blast unmanned aerial vehicles out of the sky using microwave weapons. The Department of the Army published a document revealing plans to purchase such a device from Lockheed Martin, also using the company for integration and support. Though the US Army isn't soliciting proposals from competing companies, it says it will accept them for a period of time.

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Instapaper brings back Premium subscriptions as it returns to Europe

Instapaper brings back Premium subscriptions as it returns to Europe

It was just a couple of weeks ago that Instapaper announced its break from Pinterest, and it seems that the company's new owners are getting to work quickly. Though Instapaper was part of Pinterest's portfolio since 2016, the company went independent once more in the middle of July. One of the first things it's doing as an independent company is bringing back Premium subscriptions, which may not sit very well with its users.

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Apple chipmaker TSMC closes factories after computer virus attack

Apple chipmaker TSMC closes factories after computer virus attack

Some of the biggest tech product companies in the world might be struggling with constrained supplies of processor chips in the weeks to come. Taiwan Semiconductor Manufacturing Co. (TSMC), the largest chip manufacturer in the world, was revealed to have been hit with a computer virus on Friday, resulting in temporary closure of several production factories and disruption of operations.

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GameFly video game streaming service will shut down this month

GameFly video game streaming service will shut down this month

Video game rental and subscription company GameFly will shut down its streaming service this month, according to a new report. August will be the last month for subscribers to stream video games using the platform; the system will be shuttered on August 31. GameFly's Netflix-like video game rental service, which mails physical discs to customers, will continue to operate, however.

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GoPro promises three new products amid Q2 2018 results

GoPro promises three new products amid Q2 2018 results

GoPro has announced its fiscal second quarter financial results, revealing $283 million in revenue, as well as favorable sales in North America. Though the revenue represents a 5-percent year-on-year decrease, it is a huge 40-percent jump quarter-on-quarter. GoPro likewise saw its GAAP gross margin increase 29-percent versus 22-percent in the year's first quarter, and it ended Q2 with $140 million in cash and investments.

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Apple $1 trillion milestone: Here’s why it matters

Apple $1 trillion milestone: Here’s why it matters

Apple is officially the first American company to hit a $1 trillion valuation. The company reached the milestone today when its stock exceeded $207.04 per share, ultimately reaching an all-time high of more than $208. The achievement comes a day after the company announced its third-quarter earnings, which blasted past analyst expectations with more than $53 billion in revenue.

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Juul targets teen vaping with tipped no-vape tech for schools

Juul targets teen vaping with tipped no-vape tech for schools

Juul, the most popular electronic cigarette on the market, has received increasing pressure over its popularity with teenagers. Parents and public health officials worry the devices -- and others like them -- are resulting in minors becoming addicted to nicotine, particularly a variety used by Juul called nicotine salts. The company is back with a solution, though, and it may involve turning schools into no-vape zones.

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WhatsApp won’t be free for all, soon

WhatsApp won’t be free for all, soon

To make WhatsApp a better place for users - and for the company to actually make a profit - there'll be some money involved, soon. The WhatsApp Business announcement released this week suggested that the WhatApp Business app will soon cost cash to use - for businesses, but not all businesses. The company suggested that sone businesses will have to pay to send "certain messages" - but not all.

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Apple is killing its App Store Affiliate Program for apps

Apple is killing its App Store Affiliate Program for apps

App stores are a convenient way to find great and presumably safe apps for devices. But even with a search function, looking for that perfect app is like searching for the metaphorical needle in a haystack. Apple has utilized its affiliate program to encourage web sites and writers to bring more users to its App Store with a little monetary incentive. Starting October, however, that will no longer be the case and some such news sites are fearful for their survival.

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Tesla is hiring video game developers for in-car games

Tesla is hiring video game developers for in-car games

Elon Musk has published a job notice on Twitter: Tesla is seeking video game developers. The company is accepting applications from developers who think they have what it takes to create games for the company, specifically for its vehicles. Applicants will need to send along samples of their work, with Musk warning that Tesla seeks "max playability and creativity."

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Tesla hit major Model 3 production milestone in Q2 2018

Tesla hit major Model 3 production milestone in Q2 2018

Tesla has revealed its second fiscal quarter 2018 financial results, stating that it ended the quarter with $2.2 billion in cash, as well as seeing "slightly positive" Model 3 gross margins. Tesla announced that it had multiple Model 3 production rates of about 5,000 cars per week, and it plans to increase that number to 6,000 by the end of the August. Tesla expects its Model 3 gross margins to "grow significantly" in its third quarter.

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UPS developing electric delivery trucks for testing in Los Angeles

UPS developing electric delivery trucks for testing in Los Angeles

UPS is working with Thor Trucks to develop an electric class-6 delivery truck. The planned delivery truck will have a 100-mile range made possible in part by a battery from Thor. Once completed, the companies plan to test the vehicle on routes in Los Angeles, the deployment of which is expected to happen later on this year. The announcement follows UPS's plan to test similar electric delivery vehicles in Paris and London

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