Technology News

ADVERTISEMENT
3rd party Ad. Not an offer or recommendation by techgolly.com.

Latest Technology News

NextEra Energy Prepares Massive Natural Gas Projects for AI Data Centers

Key Points: NextEra Energy expects to finalize massive agreements within three months to build natural gas-fired power projects in the United States. Japan and the US government promised billions in investment to help build these power plants to support new data centers. NextEra will develop two massive projects in Pennsylvania and Texas that will generate nearly 10 gigawatts of power. The company also plans to...

Amazon Strips Job Titles in New Corporate Experiment

Key Points: Amazon will strip traditional job titles from hundreds of employees at its Ring and Blink home security units. The company will rename these white-collar product workers "builders" and their bosses "builder leaders." Amazon CEO Andy Jassy is leading a broader effort to reduce corporate bureaucracy and cut red tape. Employees worry the title changes will make earning promotions and pay raises much more...

Elon Musk to Retain Control of SpaceX After IPO

Key Points: SpaceX plans "controlled company status" after its IPO. Elon Musk will retain significant control over the board. This means no majority of independent directors are required. Musk's past history with Tesla's board raises concerns for some. SpaceX is telling potential investors that its board will not need a majority of independent directors. This information, from an excerpt of its IPO filing seen ,...