Adobe Analytics says Cyber Monday online sales have dropped by 1.4% from last year
- According to information from Adobe Analytics, this year’s Cyber Monday sales marked a 1.4% decrease from 2020 to $10.7 billion
- So far, from Nov. 1 through Cyber Monday, consumers in the United States have spent $109.8 billion online, which is up 11.9% year over year
- Adobe anticipates digital sales from Nov. 1 to Dec. 31 will hit $207 billion, which would represent record gains of 10%
SpaceX staff told that Starship crisis creates bankruptcy risk by Elon Musk
- In a company-wide email, Elon Musk wrote, “The Raptor production crisis is much worse than it seemed a few weeks ago,”
- These raptor engines that are in development will power the company’s Starship rocket but if they are not developed in time, Musk says that the company faces a “genuine risk of bankruptcy…”
BMW unveils its XM hybrid-electric concept vehicle aimed towards high-performance
- On November 29, BMW unveiled its high-performance concept vehicle that showcases an electrified crossover
- The vehicle is expected to begin US production as soon as late 2022 in South Carolina
- This new vehicle is called the BMW XM and will be available exclusively as a plug-in hybrid electric vehicle