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05.06.26 - 21:12
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Bloomberg Editors on Tech Trends (Bloomberg)
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Bloomberg's Brody Ford, Enterprise Reporter, Sarah Frier, Managing Editor, Rachel Metz, AI Reporter and Jillian Ward, Executive Editor, U.S. Technology discuss newsroom insights, reporting priorities and tech trends at Bloomberg Tech 2026 in San Francisco. (Source: Bloomberg)...
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05.06.26 - 20:12
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Apex Is the ′Ford′ of Satellites, Says CEO (Bloomberg)
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Ian Cinnamon, Apex CEO, joins after the company raised more than $200 million as it works to increase production of satellite platforms for commercial firms and government work, including the development of President Trump's Golden Dome missile defense shield. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)...
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05.06.26 - 19:06
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New Footage Reveals Ford Carrier Damage Far More Severe Than Pentagon Acknowledged (ZeroHedge)
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New Footage Reveals Ford Carrier Damage Far More Severe Than Pentagon Acknowledged
Newly surfaced footage obtained by CNN indicates that a severe fire aboard the USS Gerald R. Ford - the world's largest aircraft carrier - inflicted far more extensive damage than the Trump administration initially admitted to the public.
Early in the conflict it was forced to depart Mideast regional waters and retreat West in the Mediterranean, before undergoing extensive repairs at port in Croatia. Pundits were skeptical of official explanations, which suggested an accidental fire was sparked in the laundry room aboard the giant vessel.
US Navy file: Ford carrier
The major blaze erupted in March at a moment Iran claimed to have directly hit US naval vessels, but crisis was consistently downplayed by Pentagon officials at the time.
The obtained video reveals severely destroyed sleeping quarters, showing sailors' bunks entirely reduced to charred, twisted metal. The ceiling directly above the berthing areas ap...
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04.06.26 - 16:06
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Helion Raises $465 Million Series G Funding Round to Meet Surging Global Demand for Power (Business Wire)
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Led by Thrive Capital at $15.5 billion post-money valuation, new financing expands U.S. fusion manufacturing capacity, accelerates deploymentEVERETT, Wash.--(BUSINESS WIRE)--Helion, a Washington-based fusion energy company, announced a $465 million Series G investment round to accelerate commercial deployment of fusion, scale manufacturing capacity, and expand the company's ability to deliver clean electricity to customers. This latest round of funding brings the total invested to date in Helion to $1.5 billion and values the company at $15.5 billion post-money.
The raise was led by Thrive Capital, with participation from additional new investors, including Alta Park Capital, Anti Fund, BoxGroup, Lux Capital, Peak XV Partners, and Ford Motor Company Executive Chairman Bill Ford, plus existing investors, including Capricorn Technology Impact Funds, Lightspeed Venture Partners, Mithril Capital, Dustin Moskovitz through Good Ventures Foundation, SoftBank Vision Fund 2, and a university endowment fund.
“Fu...
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04.06.26 - 15:21
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Ford May Sales Plunge -13.6%, But UBS Says 2026 Remains On Track (ZeroHedge)
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Ford May Sales Plunge -13.6%, But UBS Says 2026 Remains On Track
Ford reported U.S. sales of 190,828 units in May, down 13.6% year over year, bringing year-to-date sales to 826,810 units, down 11%. The declines were broad-based, reflecting ongoing weakness in EV demand and continued portfolio shifts away from certain lower-margin vehicles. EV sales fell nearly 44% during the month, while hybrid sales declined 16%.
Among key nameplates, Mustang Mach-E and F-150 Lightning both posted declines of roughly 45%, while Escape sales fell more than 80% as Ford continues to de-emphasize the model. Offsetting some of the weakness, Bronco, Explorer, Maverick, Transit and Heavy Trucks all delivered year-over-year growth.
The sales results generally appeared consistent with management commentary at the UBS Autos and Auto Tech Conference, where Ford indicated that industry demand trends in May unfolded largely as expected. Executives specifically noted that some of the volume declines associated with product...
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