The inside story of Elon Musk’s mass firings of Tesla Supercharger staff (finance.yahoo.com)
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Get your shorts ready, this will be very interesting to follow. Seems like the stock will appear tomorrow already?...
Despite Booming Economy And Record Profits Google, Amazon, Microsoft And More Lay Off Over 42,000 So Far In 2024::Despite a booming U.S. economy and significant advancements in the tech sector, including a robust performance by companies like Nvidia Corp. and a thriving artificial intelligence (AI) industry, tech companies have...
Japan Bets $67 Billion to Become a Global Chip Powerhouse Once Again::(Bloomberg) -- Deep in the snowy northern island of Hokkaido, Japan is pouring billions of dollars into a long-shot bet to revive its chip-making prowess and insulate its economy from growing US-China tensions.Most Read from BloombergYour 401(k) Will Be Gone...
Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Tesla::The owner of the Dodge, Jeep, and Chrysler brands aims to take on Chinese EVs while avoiding a “race to the bottom.”
It’s a dark time to be a tech worker right now::Nearly 300,000 tech employees have been laid off since last year, data shows.
Boeing Finds More Misdrilled Holes on 737 in Latest Setback::(Bloomberg) -- Boeing Co. found more mistakes with holes drilled in the fuselage of its 737 Max jet, a setback that could further slow deliveries on a critical program already restricted by regulators over quality lapses. Most Read from BloombergWhy NYC Apartment...
Amazon is more profitable than ever after a year of mass layoffs::The tech giant posted the largest quarterly operating income in its history on the back of cost-cutting and faster revenue growth in key divisions.
Mark Zuckerberg explained how Meta will crush Google and Microsoft at AI—and Meta warned it could cost more than $30 billion a year::The Facebook cofounder said the vast trove of photos and videos shared by users on Meta's various services is larger than the web content crawled by search engines like those of Google and...
The uncomfortable truth about AI’s impact on the workforce is playing out inside the big AI companies themselves::Alphabet and Microsoft are investing big in AI. But that’s creating a murky future for many tech employees.
I'm enjoying this. Also Musk went out and said that he wants barriers on trade or else the Chinese companies will dominate the market....
Coinbase tells judge that buying crypto is just like collecting Beanie Babies::The SEC argued that unlike collectibles, when a crypto token is purchased, the owner is invested in the network or enterprise behind the token.
California wants to reduce traffic. The Newsom administration thinks AI can help::Caltrans says AI can help generate recommendations so workers can take steps to improve the flow of traffic and potentially prevent accidents on the road.
Google Will Stop Telling Law Enforcement Which Users Were Near a Crime::(Bloomberg) -- Alphabet Inc.’s Google is changing its Maps tool so that the company no longer has access to users' individual location histories, cutting off its ability to respond to law enforcement warrants that ask for data on everyone who was in the...
Almost Half of Warren Buffett-led Berkshire Hathaway's $365 Billion Portfolio Is Invested in Only 1 Stock::This tech giant has made for a wonderful investment in recent years.
• Steve Jobs faked full signal strength and swapped devices during the first iPhone demo due to fragile prototypes and bug-riddled software....