Amazon's answer to SpaceX Starlink delivers 400Mbps in prototype phase

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Amazon's answer to SpaceX Starlink delivers 400Mbps in prototype phase

Amazon’s competitor to SpaceX Starlink is moving through the prototype-development phase, with the company announcing yesterday that it has “completed initial development on the antenna for our low-cost customer terminal.” Amazon said its “Ka-band …
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Jobless claims hit nearly 4-month high as coronavirus-triggers more layoffs

The numbers: New applications for U.S. unemployment benefits rose in mid-December to a nearly four-month high, pointing to rising layoffs and more damage to the economy from a record increase in coronavirus cases. Initial jobless claims climbed to …
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Tilray set to become world's largest cannabis company after merger

Tilray Inc., a global cannabis research, cultivation, production and distribution company based in Toronto, will merge with Aphria Inc. to create the world’s largest global cannabis company, the companies said Wednesday. The new company, which is valued …
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JetBlue to offer direct flights from JAX to Los Angeles and Raleigh-Durham

JACKSONVILLE, Fla. — Looking to take a vacation in 2021? JetBlue Airways announced Thursday that it will begin offering nonstop flights from Jacksonville International to Los Angeles and Raleigh-Durham International Airports. The daily nonstop service to …
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SEC charges Robinhood with misleading customers about how it makes money

“Robinhood provided misleading information to customers about the true costs of choosing to trade with the firm,” said Stephanie Avakian, Director of the SEC’s Enforcement Division. “Brokerage firms cannot mislead customers about order execution quality.”.
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