Technology

Canadian Space Giant MDA Lands on Wall Street With $300M IPO

Canadian Space Giant MDA Lands on Wall Street With $300M IPO

MDA Space Ltd., Canada's largest space technology company, raised US$300 million in its NYSE debut on Thursday, with CEO Mike Greenley saying the listing will provide 'currency' for future acquisitions in U.S. and European markets while strengthening the company's balance sheet.

Amazon Spring Sale Reveals Surprising Bestsellers as US Event Looms

Amazon Spring Sale Reveals Surprising Bestsellers as US Event Looms

Amazon's Spring Deal Days reveals unexpected bestsellers including dishwasher tablets and pet food as the European sale runs through March 16. American consumers can expect a similar US event in late March, with deals on Apple, Dyson, Samsung and household essentials.

Atlassian Axes 1,600 Jobs as AI Reshapes Tech Workforce

Atlassian Axes 1,600 Jobs as AI Reshapes Tech Workforce

Atlassian is cutting 1,600 jobs—10 percent of its workforce—as CEO Mike Cannon-Brookes cites AI's impact on staffing needs. The move follows earlier layoffs and comes as the company's billionaire co-founder navigates a complex divorce.

1,300-Pound NASA Satellite Falling to Earth After 14-Year Mission

1,300-Pound NASA Satellite Falling to Earth After 14-Year Mission

NASA's Van Allen Probe A, a 1,300-pound satellite that spent 14 years studying Earth's radiation belts, is making an uncontrolled re-entry into Earth's atmosphere tonight. The mission, originally designed for two years, contributed to over 700 scientific publications before solar activity accelerated its descent.