Pavel Varenka Yesterday was extremely rich in news in the technology sector, and it is no different now, when the sack of news has almost burst. The main actors this time are especially the American giants, led by Facebook and Twitter, who were once again forced to stop in front of the congress, i.e. in front of the webcam, and defend their monopoly practices. Elon Musk, on the other hand, can celebrate, who is doing very well in the case of Tesla and his growing automobile company has crossed another milestone - it entered the S&P 500 stock index. SpaceX, however, is not doing badly either, which not only successfully sent in cooperation with NASA to the International Space Station a crew of four, but at the same time, they don't have to worry about the competition either. The European space company Vega literally sabotaged itself.
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Pavel Jelic The European Union has lost out in the space race. Vega rockets drop like ripe apples
If you ever hoped in the back of your mind that the European Union would rank among the leading world powers even outside of a sector other than industry and car companies, we have to disappoint you somewhat. The French space company Vega, which has not been heard about much in recent years, was for a long time considered a worthy competitor that will one day successfully launch rockets into space, similar to the American SpaceX or the government NASA. A wish may be the father of an idea, but it was this bold idea that gave birth to one of the scariest and most laughable rocket launches of the last few decades.
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The Vega rockets of the French manufacturer Arianespace have already failed the initial ignition several times and not only that. Now, when trying to send two European satellites into space, the company managed to destroy a piece of precious nature somewhere in an uninhabited part of the Earth. The well-known astronomer Jonathan McDowell also referred to an absolutely obvious error, according to which this year has gone down in history in terms of the number of failed space flights. In total, 9 attempts and tests were not carried out this year, which last happened more than half a century ago, specifically in 1971. Although NASA and SpaceX are celebrating huge successes and taking credit for further progress in human history, Arianespace has eyes for tears and we can only hope that next year will be better.
Tesla is headed for the S&P 500. Investors are excited about the company's progress
Speaking of the legendary visionary Elon Musk, let's take a look at his other successful company, which is Tesla. This car company has been stirring passions for quite a long time, and even though it has many fans around the world, a lot of bad language claims that it is a non-profitable project and that the idea of electric cars has simply fallen on its head. Fortunately, the forecasts did not come true and Tesla is reaping more success than ever before. Not only has it finally started to be relatively profitable, it can even boast a number of innovative technologies and a significant lead over the competition. This only underlines the boundless, almost fanatical confidence of investors, thanks to which the company's shares have already skyrocketed several times.
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The situation has even gone so far that on December 21 Tesla will be included in the S&P 500 stock index alongside the other 499 largest technology companies in the world. Although it might seem that anyone can register on the stock exchange, this is not the case. The S&P 500 index is reserved for the biggest players on the market, and just to get a one-way ticket to the list of these giants, a company must have a minimum market value of 8.2 billion dollars. And as you can see, this prestigious milestone is clearly heard by the shareholders as well. Tesla shares jumped by 13% and climbed to $460 a piece. We will see how the car company will continue to do well. It is certain that almost half a billion in earnings is a more than impressive result for this year.
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Apple picker Zuckerberg was called to the carpet again. This time he testified because of other political games
In the United States, they have such a nice tradition that started a few years ago. This is how representatives of the largest technology companies, a few judges, a few representatives of the American Congress and ideally some clever lobbyist meet every few months. The task of the representatives of these giants is to defend and justify their actions and, in many cases, missteps in front of grumpy and often biased statesmen. It is no different now, when the head of Facebook, Mark Zuckerberg, and the CEO of Twitter have been summoned to testify. This time, although the regular meeting took place only in front of a webcam, it still meant a minor breakthrough in the relations between the private and public spheres.
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Politicians have complained that both social networks favor liberals and limit Republicans. Zuckerberg then only defended himself by saying that the platform is trying to ensure the best possible conditions for the community and to find a fine line between freedom of expression and the suppression of hateful comments. Twitter CEO Jack Dorsey echoed those words, promising more regulation and conversation. After all, both social networks banned political advertising a few days before the US election, but even that did not stop the "agitation" of the two giants. However, both representatives promised to try to rectify the situation and find some common consensus that would not in any way threaten the community's freedom of expression and at the same time limit the spread of misinformation and hateful comments.
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