Bitcoin is slumping back down toward $10,000

Bitcoin is down 7%, trading around $10,700 Monday morning. The flagship cryptocurrency plummeted last week, before paring some of its losses on Friday. Now it could fall below $10,000 per coin once again. Follow the price of bitcoin in real-time here>> After paring much of last week’s heavy losses on Friday, the world’s largest cryptocurrency lost another 8% on Monday, bottoming out at $10,479 per token. Bitcoin has lost 17.52% of its value — or roughly $59.27 billion in market cap — since January 15. Last week, all cryptocurrencies were walloped in what’s been called a bloodbath. Fears of clampdowns on mining and exchanges in South Korea, China, and Russia… Read More

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Rocket Lab makes it into orbit, nears commercial operations

Rocket Lab Last Sunday afternoon in New Zealand, Rocket Lab successfully made it into orbit on just the company’s second flight attempt. Launching from a new spaceport that juts into the South Pacific Ocean, the Electron rocket climbed into orbit and deployed its customer payloads at 8 minutes and 31 seconds after lifting off. “Today marks the beginning of a new era in commercial access to space. We’re thrilled to reach this milestone so quickly after our first test launch,” Rocket Lab CEO and founder Peter Beck said in a statement. “Our incredibly dedicated and talented team have worked tirelessly to develop, build and launch Electron. I’m immensely proud of… Read More

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GM launches a new dedicated tech center in Canada

GM has opened a new Canadian Technical Centre (CTC) in Markham, Ontario just outside of Toronto, in a brand new building capable of supporting 1,000 employees at its full target capacity, including 700 dedicated engineers. The facility will support work done on GM’s advanced driver assistance features, its fully autonomous vehicle program, and infotainment center design and… Read More …read more Source:: TechCrunch

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How President Trump Will Play At Davos

This article first appeared in Data Sheet, Fortune’s daily newsletter on the top tech news. Sign up here. Good morning from Davos, Switzerland, where I’m attending the annual meeting of the World Economic Forum. It is a one-of-a-kind event, a mixture of unalloyed commerce, high-minded do-gooderism, and brass-tacks policy discussions, attended by corporate bigwigs, journalists, academics, non-governmental organizations, and top government officials. To prepare for my trip last week I called Ian Bremmer, my favorite globalist and the head of his own political-analysis consultancy, the Eurasia Group. I asked Bremmer the three things Davos attendees either will or should be discussing this week. His take: * The global economy. Leading… Read More

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DJI’s latest drone leaks ahead of launch

DJI is supposed to announce a new drone tomorrow but this appears to be it. Called the Mavic Air, the small drone looks to be a combo of foldable Mavic Pro and the affordable Spark. I’m interested. According to DroneDJ, the small drone will have four foldable legs, a 4k camera, 3-way gimbal and a obstacle-avoidance system. But what about the price and range? DJI will likely reveal… Read More …read more Source:: TechCrunch

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