Tech Business4 Min Read Caleb OgwucheonJuly 24, 2024 Tesla Profit Margins Hit 5-Year Low Amid Price Cuts, Incentives On Tuesday, Tesla announced its lowest profit margin in more than five years and failed Wall Street profit projections in the second quarter…
Tech AI Business3 Min Read Caleb OgwucheonJuly 24, 2024 Nvidia Approves Samsung HBM3 Chips for China Processors Samsung’s fourth-generation high bandwidth memory (HBM3) chips have been certified by Nvidia for use in its CPUs, according to three…
Business Startup2 Min Read Caleb OgwucheonJuly 24, 2024 Musk Says Any Trump EV Cutbacks Would Hurt Rivals More Than Tesla Tesla CEO Elon Musk warned Tuesday that Donald Trump’s probable withdrawal of support for electric vehicles will impact other automakers…
Tech AI Business2 Min Read Caleb OgwucheonJuly 24, 2024 Early Votes Favor Musk’s Tesla $5B Investment in xAI Elon Musk has published a poll on social media platform X asking users if Tesla should invest $5 billion in his artificial intelligence…
Tech Business2 Min Read Caleb OgwucheonJuly 23, 2024 CrowdStrike Shares Fall 13% After IT Outage After Wall Street analysts downgraded CrowdStrike stock on Monday due to financial concerns from a global cyber outage last week, shares fell…
Tech2 Min Read Caleb OgwucheonJuly 23, 2024 Google Cancels Chrome Cookie Removal Plan Google announced on Monday that it will keep third-party cookies in Chrome after years of promising to remove them The significant reversal is…
Crypto Blockchain3 Min Read Caleb OgwucheonJuly 23, 2024 Cryptoverse: Investors Divided on Ether ETFs Investors are more cautious and split ahead of Tuesday’s U.S. launch of ether ETFs, contrasting with the enthusiasm that greeted bitcoin…
Tech Business3 Min Read Caleb OgwucheonJuly 23, 2024 G20 Focuses on Digital Tax Amid US Tariff Threat After missing the June 30 deadline, nations are looking to a Group of 20 finance leaders meeting this week for progress on a delayed plan to…
Tech Business Startup2 Min Read Caleb OgwucheonJuly 23, 2024 Wiz Cancels $23B Google Deal A Wiz document states that Israeli cybersecurity startup Wiz has stopped talks with Google-parent Alphabet on a $23 billion purchase that…
AI Tech2 Min Read Caleb OgwucheonJuly 22, 2024 Tesla to Deploy Humanoid Robots Internally Next Year On Monday, Tesla CEO Elon Musk claimed “low production” humanoid robots will be used internally next year, months beyond a 2024…
Tech AI4 Min Read Caleb OgwucheonJuly 22, 2024 Tesla Margins May Have Dipped in Q2; Robotaxi, AI Ventures in Focus Tesla is set to disclose a more than five-year low in its second-quarter margin on Tuesday, and CEO Elon Musk is expected to emphasize…
Crypto Blockchain2 Min Read Caleb OgwucheonJuly 22, 2024 Hong Kong to Launch Asia’s First Inverse Bitcoin ETF In Hong Kong on Tuesday, Asia’s first inverse bitcoin exchange-traded fund will allow investors to bet on a cryptocurrency drop On…
Tech Business2 Min Read Caleb OgwucheonJuly 22, 2024 Ocado Gets Boost From Kroger’s Tech Order Ocado announced on Monday that Kroger, its U.S. partner, had ordered a variety of new automated technologies for its warehouses Ocado’s…
Tech AI2 Min Read Caleb OgwucheonJuly 22, 2024 Nvidia Readies New AI Chip for China Three individuals claimed Nvidia is developing a China-compatible version of its flagship AI processors that comply with U.S. export laws The…
Tech2 Min Read Caleb OgwucheonJuly 19, 2024 Global Cyber Outage Grounds Flights, Disrupts Businesses On Friday, major U.S. airlines issued a ground halt due to communications concerns, while other carriers, media corporations, banks, and…
Tech2 Min Read Caleb OgwucheonJuly 19, 2024 Singapore Orders Social Media to Block 95 China-Linked Accounts The government of Singapore ordered five social media platforms to remove 95 accounts, largely tied to exiled Chinese millionaire Guo Wengui,…
AI Tech1 Min Read Caleb OgwucheonJuly 19, 2024 Google Adds AI to Paris Olympics Broadcast Google, NBCUniversal, and the U.S. Olympic and Paralympic Committee announced Thursday that they will utilize AI to explain competitions in…
Business Tech3 Min Read Caleb OgwucheonJuly 19, 2024 Netflix Exceeds Subscriber Targets, Warns on Ad Growth Netflix said Thursday it attracted more than 8 million customers in its second quarter thanks to a password-sharing crackdown and hits like…
Tech1 Min Read Caleb OgwucheonJuly 19, 2024 LSEG Workspace Platform Hit by Major Outage On Friday, the Workspace news and data platform of LSEG Group experienced an outage that impacted user access worldwide LSEG reported that its…
AI Business Tech1 Min Read Caleb OgwucheonJuly 18, 2024 Meta Suspends AI Tools in Brazil Meta Platforms suspended generative AI tools in Brazil on Wednesday in reaction to the government’s concerns to its new privacy policy…