Business Archives - The Westside Story

Facebook unveils “Libra” cryptocurrency

Jun 19, 2019

Facebook unveiled plans Tuesday to release its own cryptocurrency, called Libra, which may be delivered to users as soon as next year, according to Fortune. Users will be able to shop and send the currency o...

Automakers ask Trump to rethink his rollback of pollution standards

West Side Story

Jun 6, 2019

Business, Environment, Science

A letter from the world’s top automakers is calling on the Trump administration to rethink its efforts to dismantle Obama-era pollution rules, a move they say would create “untenable” instability for their indu...

Jeff Bezos’s Blue Origin unveils Moon lander, plans for lunar missions

West Side Story

May 11, 2019

Business, Innovation, Science

Blue Origin, the spaceflight company owned by Amazon CEO Jeff Bezos, revealed their plans to land on the Moon, in a rare press event on Thursday, according to The Atlantic. Since it often operates under the ...

Facebook co-founder calls for government action to limit its ‘unprecedented’ power

West Side Story

May 9, 2019

Business, Policy, Science

A Facebook co-founder has said the government should break up the social media giant, to rein in Mark Zuckerberg’s “unprecedented and un-American” power over communication, according to The Guardian. In a Ne...

Facebook’s redesign is more focused on renewing the brand than addressing privacy concerns

West Side Story

Apr 30, 2019

Business, Opinion, Science

At its annual developer conference on Tuesday, Facebook and its CEO Mark Zuckerberg showed off new plans to turn over a new leaf—or at least to give the impression of doing so. The company has been plagued b...

Central banks call for green investment, assessment of climate risks

West Side Story

Apr 17, 2019

Business, Environment, Science

A group of major financial institutions including 30 central banks has called for measures to promote green investment, and for the finance sector to assess the risks associated with climate change, according t...

Google wins world’s first approval for commercial drone deliveries

West Side Story

Apr 9, 2019

Business, Innovation, Science

Google’s commercial drone delivery system has been approved for use in Australia, marking the first public approval of the deliveries following 18 months of trials, according to The Verge. At first, the deliver...

Tesla unveils its Model Y SUV to a lukewarm reception

West Side Story

Mar 15, 2019

Business, Innovation, Science

Elon Musk unveiled Tesla’s new Model Y compact SUV Thursday night, ahead of a fall 2020 release, according to The Verge. As Tesla’s second mass-market electric vehicle, the Model Y offers specifications simi...

Warren’s proposal to rein in tech companies may not be as rash as it sounds

West Side Story

Mar 9, 2019

Business, Innovation, Opinion, Science

In today’s political and commercial climate, 2020 presidential candidate Elizabeth Warren’s proposal to break up the nation’s largest tech companies sounds almost apocalyptic. Companies like Amazon and Googl...

Rather than a threat, SpaceX is exactly what NASA needs

West Side Story

Mar 2, 2019

Business, Innovation, Opinion, Science

At almost 3 a.m. local time Saturday, SpaceX’s Crew Dragon spacecraft launched on board one of the company’s reusable Falcon 9 Rockets, from NASA’s Kennedy Space Flight Center in Florida. The Crew Dragon is ...