Here are the top trending news from the world of technology
1)
Elon Musk and SpaceX face online backlash in China
Chinese citizens resorted to severe online backlash against Elon Musk and his commercial company SpaceX after it was disclosed that Chinese space stations had to take preventative actions to avoid collision with SpaceX satellites. This was revealed by documents submitted by China to the UN space agency (Read more)
2)
GoDaddy sells minority stake for $800 Mn
New York based hedge Starboard Value fund has bought 6.5% stake in web hosting and domain register company GoDaddy for $800 Mn. This was disclosed by Starboard Value’s regulatory filings. Shares of GoDaddy, which has nearly 20 Mn customers across the world, have been performing poorly off late (Read more)
3)
Meta has lost another key talent
Amid the regulatory crackdown this year, Meta has been losing several key talents to the rival companies. Now Meta will be ending 2021 on similar dismal note as reports claim that its PR head for augmented reality (AR) division is on his way out. He reportedly will be joining be Apple, which has been aggressively pursuing its mixed reality headset project (Read more)
4)
Zoom makes another acquisition
Video conferencing platform Zoom has acquired certain assets of event production startup Liminal. This newly acquired assets is likely to help zoom in consolidating its presence in the virtual event space and move beyond its traditional vertical of video conferencing (Read more)
5)
Baidu aims to make mass robot electric vehicles in 2023
Chinese technology giant Baidu said that it is planning for mass production of robot electric vehicles in 2023. This will be achieved through Jidu, a joint venture between Baidu and Chinese automaker Geely. These vehicles will be made completely by robots and won’t need any human intervention (Read more)