Elon Musk makes sure that he makes to the headlines for some reason or the other and everyday he grabs the headlines and attention of the netizens through some announcements or controversial statements of his.
He Tesla CEO may soon come up with an iPhone and Android rival as per his recent statement.
Elon Musk Banks Nearly $12B , of Tesla Money in a Week.
Elon Musk Banks Nearly $12B , of Tesla Money in a Week.
Fox Business reports that according to the Dow Jones Market Data Group, Musk added $11.98 billion to his wealth in seven days.
Musk holds 423,622,000 Tesla shares. .
Musk's holdings jumped from
$53.87 billion on Jan. 19 to $67.89 billion based on the closing price on Jan. 26. .
Tesla, which is up 48% since the beginning of 2023, remains the best performer on the Nasdaq 100.
According to the company's latest earnings release, Tesla brought in $24.32 billion in revenue in Q4.
That's a 37% increase from last year's fourth quarter.
Fox Business reports that Musk praised his Tesla team for delivering satisfactory results , "despite the fact that 2022 was an incredibly
challenging year due to forced shutdowns, very
high interest rates and many delivery challenges.".
Thus far in January, we’ve seen the strongest orders year-to–date than ever in our history. , Elon Musk, via earnings call.
We’re currently seeing orders at almost twice the rate of production, Elon Musk, via earnings call.
In January, Tesla said its vehicle production for the quarter amounted to more than 439,700 vehicles.
Deliveries came in at around 405,300
Credit: Wibbitz Top Stories Duration: 01:31Published
The organisations behind the lawsuit are hoping this will set an international legal precedent that will help communities around the world keep Twitter accountable
Credit: euronews (in English) Duration: 02:51Published
Donald Trump’s , Facebook and Instagram Accounts , Will Be Reinstated.
'The Hill' reports that parent company Meta made the announcement via a news release on Jan. 25.
The former president had previously received a two-year ban in the wake of the events of Jan. 6.
Now, Trump will be allowed to return
to the platforms in the coming weeks.
Our determination is that the risk has sufficiently receded, and that we should therefore adhere to the two-year timeline we set out, Nick Clegg, Meta's President for Global Affairs, via Twitter.
The public should be able to hear what their politicians are saying — the good, the bad and the ugly — so that they can make informed choices at the ballot box, Meta, via news release.
Trump's Twitter account was also
reinstated in November following
Elon Musk's acquisition of the platform.
While Trump now primarily uses his own social media platform, Truth Social, it's unclear whether he will actually return to the other platforms.
After Meta's announcement on Jan. 25,
Trump responded with criticism.
FACEBOOK, which has lost Billions of Dollars in value since ‘deplatforming’ your favorite President, me, has just announced that they are reinstating my account. , Donald Trump, via Truth Social.
Such a thing should never again happen to a sitting President, or anybody else who is not deserving of retribution!, Donald Trump, via Truth Social
Credit: Wibbitz Top Stories Duration: 01:31Published
Elon Musk Testifies , in Trial Over Tweets , About Taking Tesla Private.
On January 23, Tesla CEO Elon Musk took the witness
stand in a trial to determine whether he intentionally
mislead investors with an August 2018 tweet. .
On January 23, Tesla CEO Elon Musk took the witness
stand in a trial to determine whether he intentionally
mislead investors with an August 2018 tweet. .
The lawsuit made by Tesla investors claims that Musk's
tweet stating that he had "secured" funding for taking
Tesla private caused them to lose large sums of money.
The lawsuit made by Tesla investors claims that Musk's
tweet stating that he had "secured" funding for taking
Tesla private caused them to lose large sums of money.
The tweet has already been
ruled as both false and reckless
by U.S. Judge Edward Chen. .
NBC reports that Musk believes he can
convince the jury that he was unaware
that the tweet was false when he sent it. .
NBC reports that Musk believes he can
convince the jury that he was unaware
that the tweet was false when he sent it. .
Musk has also suggested that movements
in Tesla's stock price are not
dictated by his personal tweets.
Just because I tweet something
does not mean people believe it
or will act accordingly, Elon Musk, Tesla CEO, via NBC.
According to Musk's attorney, Alex Spiro, the Tesla
CEO was taking steps to finalize a deal with Saudi
backers back in 2018 when he sent the tweet. .
According to Musk's attorney, Alex Spiro, the Tesla
CEO was taking steps to finalize a deal with Saudi
backers back in 2018 when he sent the tweet. .
Spiro suggests that Musk was trying to protect the
"everyday shareholder" by sending the tweet, which
may have contained some "technical inaccuracies.".
Spiro suggests that Musk was trying to protect the
"everyday shareholder" by sending the tweet, which
may have contained some "technical inaccuracies.".
Nicholas Porritt, a lawyer representing shareholders,
argues that Musk was fully aware the deal with Saudi
Arabia's public investment fund was not final at the time. .
Nicholas Porritt, a lawyer representing shareholders,
argues that Musk was fully aware the deal with Saudi
Arabia's public investment fund was not final at the time.
Credit: Wibbitz Top Stories Duration: 01:31Published
Engineer Testifies That , Tesla Self-Driving , Promotional Video Was Staged.
NBC reports that a 2016 Tesla video used to promote
its self-driving technology was allegedly staged to
demonstrate capabilities that the system did not have. .
According to the testimony of a senior engineer,
the video was released in October 2016 and
promoted as evidence that the technology works.
Ashok Elluswamy, director of Autopilot software at
Tesla, says that the Model X used in the video was
not driving itself with deployed Tesla technology. .
Elluswamy's July deposition was taken as evidence
in part of a lawsuit against Tesla for a fatal
2018 crash involving a former Apple engineer.
Elluswamy's July deposition was taken as evidence
in part of a lawsuit against Tesla for a fatal
2018 crash involving a former Apple engineer.
NBC reports that the video
in question is still archived
on Tesla's website.
The video's tagline claims that , “The person in the driver’s seat
is only there for legal reasons. He is not
doing anything. The car is driving itself.”.
However, according to Elluswamy,
the video was created by using
3D mapping on a predetermined route. .
Elluswamy's testimony also reportedly
details how drivers intervened to take
control of cars used in the test runs. .
According to Elluswamy's testimony, when trying to
demonstrate the Model X's ability to park itself without a
driver, the car crashed into a fence in the Tesla parking lot.
The company's website also states that Tesla technology is
designed to assist with driving and emphasizes that the features , “do not make the vehicle autonomous.”
Credit: Wibbitz Top Stories Duration: 01:31Published
China opened its border after three long years and expected business as usual but the move has backfired. How long will China take to hold the same position in the World economy it did pre-pandemic?
#Apple #Vietnam #JoeBiden
Report Finds Big Tech, Transparency Reports , Fall Short.
'Fast Company' reports that Big Tech regularly
releases data meant to offer transparency into
how the world's largest platforms are being run.
This data often shares actions companies take
against inappropriate content and when they help
law enforcement at the request of governments. .
A new analysis by academics at the University of Zurich
and the University of Bern found that few tech companies
follow principles they have previously espoused.
It’s good to be well-informed about
what is happening. And right now,
it’s impossible in many aspects,
which I guess might lead to over-
and under-regulation of the platforms, Aleksandra Urman, University of Zurich, via 'Fast Company'.
I think it’s not entirely obvious
what Apple would be taking down.
But actually, Apple does moderate
its App Store, for example.
We just don’t know how, Aleksandra Urman, University of Zurich, via 'Fast Company'.
Similarly, the report found that Amazon moderates
what books are sold on its site, however the process
of deeming books inappropriate remains unknown.
The report also found that companies like Microsoft, LinkedIn and Twitch adhered to some of
the transparency guidelines but not all.
The report also found that companies like Microsoft, LinkedIn and Twitch adhered to some of
the transparency guidelines but not all.
Liam McLoughlin at the University of Liverpool suggests
that the findings of the report reinforces the idea that
transparency reports are closely related to public relations.
Liam McLoughlin at the University of Liverpool suggests
that the findings of the report reinforces the idea that
transparency reports are closely related to public relations.
Some might call me cynical
on this,but when we think of
transparency reports as primarily
a public relations mechanism,
it all makes sense, Liam McLoughlin, at the University of Liverpool, via 'Fast Company'
Credit: Wibbitz Top Stories Duration: 01:30Published
Intel Debuts , ‘World’s Fastest Mobile Processor’.
Yahoo Finance reports that Intel revealed its new line of mobile processors at CES 2023.
Among the company's new offerings
is its Core i9-13980HX chip, .
which the company touts as the
world's fastest for a laptop.
Intel’s Core i9-13980HX chip boasts
24 cores, including 8 performance cores
and 14 efficiency cores.
It can reportedly
hit peak speeds
of 5.6GHz.
As a means of comparison, Apple's most powerful chip, the M1 Max, tops out at 3.2GHz.
Yahoo Finance reports that Intel's new chip is "compatible with up to 128GB of RAM.".
The 13th-generation Intel Core mobile processor family delivers unrivaled, scalable performance for leadership platforms across all laptop segments, Michelle Johnston Holthaus, executive vice president and general manager of Intel’s Client Computing Group,
via statement.
With our industry-leading technologies and unmatched global partner ecosystem, people can expect a high-caliber mobile experience in new and unique form factors so they can game or create from anywhere, Michelle Johnston Holthaus, executive vice president and general manager of Intel’s Client Computing Group,
via statement
Credit: Wibbitz Top Stories Duration: 01:30Published
Google on Thursday commemorated India's 74th Republic Day with a doodle that uses intricately hand-cut paper and features iconic landmarks such as Rashtrapati.. IndiaTimes
Google Faces Antitrust , Lawsuit for Alleged Digital , Advertising Dominance.
On January 24, the United States Justice
Department, along with eight states,
filed an antitrust suit against Google. .
On January 24, the United States Justice
Department, along with eight states,
filed an antitrust suit against Google. .
'Time' reports that the suit aims
to smash the tech giant's alleged monopoly
on the online advertising ecosystem. .
The suit argues that Google's control of online
advertising presents a hurtful burden to advertisers,
consumers and even the U.S. government.
According to the government, Google has asserted
its dominance through neutralizing or eliminating
rivals and forcing advertisers to use its products.
While speaking at a January 24 press conference,
Attorney General Merrick Garland said, , “for 15 years, Google has pursued
a course of anti-competitive conduct.”.
According to Garland, Google's efforts have halted
the rise of rival technologies and manipulated
the mechanics of online ad auctions.
First, Google controls the technology used
by nearly every major website publisher
to offer advertising space for sale. , Merrick Garland, United States Attorney General, via 'Time'.
Second, Google controls
the leading tool used by advertisers
to buy that advertising space, Merrick Garland, United States Attorney General, via 'Time'.
And third, Google controls the largest
ad exchange that matches publishers
and advertisers together each
time that ad space is sold, Merrick Garland, United States Attorney General, via 'Time'.
'Time' reports that the suit
was filed in federal court
in Alexandria, Virginia.
Credit: Wibbitz Top Stories Duration: 01:31Published
Google Parent Alphabet , to Lay Off 12,000 Workers.
NBC News reports that CEO Sundar Pichai made the announcement in a memo to employees on Jan. 20.
I have some difficult news to share. We’ve decided to reduce our workforce by approximately 12,000 roles, Sundar Pichai, Google CEO, via memo to employees .
This will mean saying goodbye to some incredibly talented people we worked hard to hire and have loved working with. I’m deeply sorry for that, Sundar Pichai, Google CEO, via memo to employees .
The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here, Sundar Pichai, Google CEO, via memo to employees .
Workers in the U.S. and around the world
are expected to be affected. .
Reuters reports that the cuts account
for over 6% of Google's workforce. .
Pichai referenced the difficult
"economic reality" that many other tech companies have cited amid their recent layoffs as well. .
Over the past two years we’ve seen periods of dramatic growth. To match and fuel that growth, we hired for a different economic reality than the one we face today, Sundar Pichai, Google CEO, via memo to employees .
Just two days prior, Microsoft announced it would be letting go of 10,000 employees
Credit: Wibbitz Top Stories Duration: 01:31Published
NATO chief Jens Stoltenberg calls for stronger partnership with Japan;Pakistan Mosque blast death toll rises to 92;Italian woman 'punched and spat' on India Vistara flight;Biden rules out sending F-16 Fighter Jets to Ukraine
#NATO #Japan #JensStoltenberg
After the recent clash with Palestine, Israel’s Prime Minister Benjamin Netanyahu has announced a range of measures as a response to the deadly confrontations. These measures...he says..are punitive in nature…and are aimed to act as deterrent against any future Palestinian aggression. As far as the number of fatalities is concerned…this year is already on the course to eclipse 2022…that was the deadliest year for Palestinians since 2006. Last year, over 200 Palestinians were killed …the worst in 16 years! In this video, we take a quick look at what are those slew of measures that the Israeli PM has vowed for. But before that, don’t forget to like, share and subscribe to Oneindia.
#BenjaminNetanyahu #Israelpalestine #WestBank
A report with Bloomberg stated that Gautam Adani has fallen out of the list of the world's top 10 richest people. According to the Bloomberg Billionaires Index, the tycoon was earlier positioned fourth on the list.
#GautamAdani #HindenburgReport #AdaniGroup
Andhra Pradesh Chief Minister Jagan Reddy on Tuesday said that Visakhapatnam will be the state's new capital, thereby indicating plans to develop Amravati. The announcement of a new capital for Andhra comes nine years after the state of Telangana was carved out of its territory and Hyderabad was named its capital.
#Visakhapatnam #AndhraPradesh # JaganReddy
US President Joe Biden has ruled out sending F-16 fighter jets to Ukraine, despite renewed calls from Ukrainian officials for air support. This comes as a huge blow to Kyiv’s push to secure the combat aircraft just a week after Washington and Berlin agreed to supply it with tanks.
#JoeBiden #RussiaUkraineWar #F16FighterJets
A nine-person jury was selected Tuesday to hear a trial that will determine whether Tesla CEO Elon Musk cheated investors with tweets in 2018 saying that he had lined up financing to take the electric automaker private.
Credit: euronews (in English) Duration: 01:06Published
Apple's iOS 16.1.1 update in China disables 'Everyone' sharing via Airdrop after 10 minutes, forcing users to frequently re-enable it if they want to use it. Apple says they..
Dave Rubin of “The Rubin Report” talks about Alyssa Milano, Samuel L. Jackson and the hosts of “The View” having a complete meltdown over Elon Musk’s takeover of Twitter; Alyssa Milano’s..
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