| 25.04.2024 00:55
Meta's Q1 profit soars, revenue guidance disappoints investors
Meta, the parent company of Facebook and Instagram, reported a significant increase in profit for the first quarter of the year, with earnings more than doubling to $12.37 billion, or $4.71 per share. This growth was driven by higher advertising revenue and a 6% increase in the average price of ads...
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| 25.04.2024 00:55
Tesla driver using Autopilot in fatal Seattle crash
A tragic incident occurred near Seattle, Washington, when a Tesla operating on Autopilot struck and killed a motorcyclist. The driver of the Tesla, a 56-year-old man, admitted to looking at his cellphone while the vehicle was in motion. The driver claimed he was relying on the Autopilot system to d...
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| 22.04.2024 04:43
Tesla Slashes Full Self Driving Price by 33% to $8,000
Tesla, the electric vehicle maker led by billionaire Elon Musk, made some significant changes over the weekend in an attempt to boost sales. The company announced a price cut of roughly a third for its "Full Self Driving" system, dropping the price from $12,000 to $8,000. Despite the name, the syst...
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| 18.04.2024 22:20
Tesla shares plummet below $150, wiping out year's gains
Tesla's stock has taken a nosedive, dropping below $150 per share and erasing all gains made over the past year. The electric vehicle maker is facing falling sales and steep discounts in an effort to attract more buyers. Shares in the company, owned by Elon Musk, fell nearly 4% in intraday trading...
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| 17.04.2024 17:13
Tesla seeks shareholder approval for $55 billion pay package for Musk
Tesla is facing a tough battle as it prepares to ask shareholders to reinstate a $56 billion compensation package for CEO Elon Musk that was previously rejected by a judge in Delaware. The company also plans to seek approval to move its corporate home from Delaware to Texas during its annual meetin...
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| 12.04.2024 02:28
Elon Musk clashes with Brazilian judge over free speech
Billionaire Elon Musk's clash with Supreme Court Justice Alexandre de Moraes in Brazil over free speech, far-right accounts, and misinformation on X has taken center stage in the nation of 203 million people. Musk, the CEO of Tesla and SpaceX, bought X in 2022 and has been accused of reinstating pr...
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| 02.04.2024 17:30
Tesla 1Q sales fall nearly 9% as competition heats up and demand for electric vehicles slows
In a disappointing turn of events for electric vehicle giant Tesla, sales fell sharply last quarter, with the company delivering 386,810 vehicles from January through March, almost 9% below the same quarter last year. This figure also fell well short of Wall Street expectations, with analysts predi...
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| 19.03.2024 08:34
Elon Musk reveals 4 key insights in interview with Don Lemon
Former CNN reporter Don Lemon engaged in a heated interview with Tesla CEO Elon Musk on Musk's social network X, which was supposed to kick off Lemon's new talk show on the platform. However, Musk canceled the show shortly after the interview was recorded. The interview covered a wide range of topi...
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| 18.03.2024 22:18
What Elon Musk Said in Testy Interview on Don Lemon's New Show
In a recent interview with former CNN anchor Don Lemon, tech billionaire Elon Musk discussed his meeting with former President Donald Trump and his stance on endorsing a presidential candidate. Musk stated that the meeting with Trump was unplanned and denied that Trump asked him for money or suppor...
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| 18.03.2024 21:36
Elon Musk touts ketamine use as benefit for Tesla investors
In a recent interview with former CNN host Don Lemon, Tesla CEO Elon Musk defended his prescription use of ketamine, a drug he says helps alleviate a "negative chemical mind state." Musk, known for his often erratic behavior, explained that he has a prescription for the drug from a doctor and uses...
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| 06.03.2024 16:30
Elon Musk agrees to make OpenAI a for-profit company
In a dramatic turn of events, OpenAI has fired back at Elon Musk, who recently filed a lawsuit against the company for allegedly prioritizing profit over its original nonprofit mission. The company published several emails from Musk dating back to the early days of OpenAI, revealing his support for...
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| 02.03.2024 23:16
Lawyers seek nearly $6 billion in Tesla stock after getting Musk pay package struck down
Lawyers representing Tesla shareholders in a case that successfully argued that Elon Musk's massive pay package was illegal and should be voided have asked a Delaware judge to award them company stock worth $5.6 billion as legal fees. This request, if approved, would be the largest such award in hi...
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| 26.02.2024 15:54
Veteran reporter's 'Burn Book' exposes love and loathing in Silicon Valley
In her incendiary memoir "Burn Book," longtime Silicon Valley reporter Kara Swisher takes a scathing look at the tech industry and the once-idealistic entrepreneurs who have become disconnected from reality. Swisher paints Facebook founder Mark Zuckerberg and Tesla CEO Elon Musk in a harsh light, c...
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| 12.02.2024 23:32
Elon Musk summoned for third time as regulators investigate $35bn Twitter takeover
Elon Musk, the CEO of Tesla and SpaceX, has been ordered to testify for a third time in the Securities and Exchange Commission's (SEC) investigation into his $44 billion purchase of Twitter, now known as X, in 2022. The order was issued by US Magistrate Judge Laurel Beeler, who gave Musk, his legal...
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| 12.02.2024 18:35
Mobileye CEO predicts surge in autonomous vehicles within 2 years
In an interview with The Associated Press, Amnon Shashua, co-founder and CEO of Mobileye, discussed the future of autonomous vehicles and the advancements being made in the industry. Shashua acknowledged the setbacks experienced by companies such as Uber, Tesla, and General Motors" Cruise, but emph...
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| 07.02.2024 01:45
Safety Concerns Raised Over Tesla Driver Wearing Apple Vision Pro Headset
In a series of viral videos circulating on social media, a disturbing trend has emerged, depicting drivers of Tesla vehicles in Autopilot mode while wearing Apple Vision Pro headsets, seemingly oblivious to the road ahead. These videos have caught the attention of federal transportation officials,...
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| 01.02.2024 14:48
Musk seeks Tesla investors' vote to move corporate registration to Texas
Tesla CEO Elon Musk has announced that the company will seek a shareholder vote on whether to move its corporate listing to Texas, following a recent court ruling. Musk took to his social media platform, formerly known as Twitter, to share the news, stating, "Tesla will move immediately to hold a s...
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| 31.01.2024 03:30
Judge Denies Elon Musk's $55 Billion Tesla Pay Package
In a landmark ruling, Chancellor Kathaleen St. Jude McCormick of the Delaware court has decided that Elon Musk, the CEO of Tesla, is not entitled to the compensation package awarded by the company's board of directors. The package, potentially worth over $55 billion, has been the subject of a share...
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| 30.01.2024 09:51
Elon Musk's Neuralink implants brain chip in first human patient
Tech billionaire Elon Musk's brain-science startup, Neuralink, has successfully implanted a device in a human for the first time, according to an announcement made by Musk on social media platform X. Although Musk did not disclose the identity of the patient or provide specific details about the pr...
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| 25.01.2024 02:08
Tesla 4Q net income doubles due to tax benefit but earnings fall short of analyst estimates
According to the latest financial report, Tesla's net income for the last quarter more than doubled, reaching $7.93 billion compared to $3.69 billion in the same period the previous year. However, this increase was primarily due to a one-time tax benefit of $5.9 billion for deferred tax assets. Exc...
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| 18.01.2024 02:07
Frigid weather challenges electric vehicle range and charging
In a recent wave of frigid temperatures sweeping across the United States, electric vehicle (EV) owners have been facing numerous challenges, including reduced driving range and long wait times at charging stations. Oak Brook, Illinois, near Chicago, experienced temperatures as low as minus 9 Fahre...
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| 04.01.2024 19:11
Federal Agency: SpaceX Illegally Terminated Workers Critical of Musk
In a recent development, rocket and satellite manufacturer SpaceX has been accused by a U.S. labor agency of wrongfully terminating eight employees for circulating a letter that criticized the company's CEO, Elon Musk. The National Labor Relations Board (NLRB) filed a complaint against SpaceX, alle...
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| 13.12.2023 15:33
Tesla recalls 2 million vehicles to enhance Autopilot safety features
Tesla is issuing a recall for nearly all 2 million of its cars on US roads in response to concerns over the use of its Autopilot feature. The National Highway Traffic Safety Administration (NHTSA) disclosed the recall in a letter to Tesla, stating that the company has agreed to an over-the-air soft...
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| 10.12.2023 15:02
Elon Musk Revives Alex Jones' Suppressed Account
In a surprising move, Elon Musk, the billionaire Tesla CEO, has restored the X account of conspiracy theorist Alex Jones, triggering concerns among advertisers and raising questions about hate speech on the social media platform. Jones, the host of Infowars, had been permanently banned from X in 20...
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| 03.12.2023 19:24
The Visionaries Driving the AI Revolution
In the world of artificial intelligence, there are key figures who have influenced its development and pushed the boundaries of technology. One such individual is Sam Altman, the CEO of OpenAI, a San Francisco-based AI lab. Altman played a crucial role in the creation of OpenAI after meeting with E...
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| 01.12.2023 02:17
Tesla tackles production woes by delivering a dozen stainless steel Cybertruck pickups
Tesla finally delivered its highly anticipated Cybertruck pickups to customers on Thursday, although two years behind schedule due to manufacturing challenges. CEO Elon Musk showcased the angular electric trucks at a ceremony held at the company's factory in Austin, Texas. The event was broadcast o...
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| 27.11.2023 16:03
Elon Musk visits Israel to meet top leaders as accusations of antisemitism on X grow
Elon Musk, the CEO of Tesla and owner of the social media platform X, paid a visit to Israel on Monday amidst ongoing controversy surrounding accusations of antisemitism on his platform. Musk's visit included a tour of the Kfar Azza kibbutz, which was attacked by Hamas militants last month, and mee...
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| 27.11.2023 09:58
Discover Merriam-Webster's 2023 Word of the Year: Authenticity
In an age where deepfakes and post-truth narratives dominate, the Merriam-Webster word of the year for 2023 is "authentic." In an exclusive interview with The Associated Press, editor at large Peter Sokolowski revealed that the word "authentic" garnered high search numbers on the dictionary company...
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| 22.11.2023 02:29
Unconventional nonprofit structure leads to dramatic CEO ouster at OpenAI
In a shocking turn of events, CEO Sam Altman of OpenAI, one of the world's most renowned AI companies, was ousted by four board members on Friday. OpenAI, originally established as a nonprofit organization, has since transitioned to a for-profit model but still operates under the control of the non...
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| 19.11.2023 14:45
OpenAI Fires CEO Sam Altman for Lack of Candor
OpenAI, the artificial intelligence company known for its creation of ChatGPT, has announced the removal of its co-founder and CEO, Sam Altman. This decision came after a review found that Altman had been "not consistently candid in his communications" with the board of directors. The company state...
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| 18.11.2023 16:56
Global Powers Unite to Confront Alarming Threats of AI
Bletchley Park, a former codebreaking spy base near London, where the first international AI Safety Summit was held. Delegates from 28 nations, including the U.S. and China, came together to address the potential risks associated with the rapid advancements in artificial intelligence. The summit fo...
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| 02.11.2023 23:11
Elon Musk set for talks with Rishi Sunak after AI safety summit
The recently concluded AI summit held at Bletchley Park, the historic home of Britain's Second World War codebreakers, brought together a host of influential figures including politicians, tech executives, and academics. The purpose of the summit was to discuss the challenges and opportunities pres...
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