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Elon Musk sets low expectations for SpaceX’s debut launch of Starship today | Science & Tech News
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SpaceX will launch its Starship rocket system for the first time today. The Federal Aviation Administration (FAA) has issued Elon Musk‘s company with a licence to put its most powerful rocket system through its paces, saying it met all safety and environmental requirements. The Starship rocket is due to blast off for its debut orbital…
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Facebook parent Meta reports fall in quarterly revenue – but still beats expectations | Business News
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Facebook parent Meta has beaten estimates for its quarterly revenue, helped by its continued dominance of the online advertising market. Revenue in the third quarter fell for a second consecutive time to $27.71bn (£23.83bn) from $29.01bn (£24.94bn). But it was still above analysts’ expectation of $27.38bn (£23.54bn), according to Refinitiv data. Net income fell to…
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Apple and Amazon beat expectations but still see profits slip as inflation bites | Business News
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Tech giants Apple and Amazon saw dips in profits but still defied expectations as the US economy teeters on the edge of a recession. Apple, the world’s largest technology company, is dealing with manufacturing headaches and inflation pressures and saw its profit in the last quarter fall by 10%, while revenue was up 2%. The…