Some of Big Tech’s top leaders will be heading to Washington, D.C. soon to attend President-elect Donald Trump’s inauguration on Monday. Among them are Jeff Bezos, whose Blue Origin finally launched its New Glenn rocket into orbit this week, and Meta CEO Mark Zuckerberg, who is reportedly planning to cut 5% of the tech giant’s workforce as part of “an intense year.”
Read about this and more in this week’s tech news roundup.
President-elect Donald Trump is expected to be joined by friends, family, and major technology firm CEOs when he’s sworn in as the next president of the U.S. on Monday.
Jeff Bezos’ Blue Origin on Thursday morning finally launched its massive New Glenn rocket into orbit, snagging a big win after years of delays.
The outgoing Biden administration is introducing even more measures focused on keeping advanced chips out of China.
Colossal Biosciences, the world’s first company dedicated to bringing back animals from extinction, has secured $200 million in series C funding. The latest investment announced Wednesday doubles the tech company’s total funding to $435 million since its 2021 launch, boosting its valuation to $10.2 billion.
Quantum computing stocks climbed during Tuesday morning trading after plunging earlier in the week.
China is reportedly considering asking Elon Musk to be its white knight as it increasingly appears that TikTok will be banned from the U.S. That could be a costly — but potentially worthwhile — play for Musk’s own social media platform.
Quantum computing stocks are plunging again after another major tech leader cast doubts on the technology’s usefulness in the near future.
